Pokemon Go Developer Niantic Teams Up With Fold To Launch Real Metaverse With Bitcoin Giveaways
Niantics’ built-in lighting technology Folds feature allows users to profit from Bitcoin.
Niantic, the developer of the popular augmented reality (AR) game Pokemon Go, has teamed up with the payment company Fold to create an AR experience that allows players to earn bitcoin all at once in the virtual environment they are playing. they describe it as a “real world change”.
“The feature is now playable in beta for Fold app users, which will allow them to explore the physical environment to receive bitcoin and in-app benefits.
Niantic is working to expand this knowledge, Coatues having recently invested $ 300 million (approximately Rs 2,234.7 million) in the business.
“This is the easiest and funniest way to get your first copy of Bitcoin,” said Will Reeves, CEO of Fold. “Anyone can use the [Fold] app to explore the world around them and earn Bitcoin and other gifts. For us, it has always been important to make things easier for everyone. Join the Bitcoin market, whatever your education or expertise. ”
Using the technology of the Niantics AR platform, Fold users can discover and collect Bitcoins and other devices instead of finding rare animals in the world around them.
Every 10 minutes a new block with new income will fall near the player. When requesting a block, the user receives Satoshis, a cryptocurrency, as well as other in-app rewards. This includes the sense of luck, for example, as finding poison can cause you to lose your Bitcoin profits.
People who like to offer these features don’t need a collapsible deck of cards, but cardholders get extra support and freebies. Once the game is fully released, users can also hide and trade their Bitcoin. The advertisement
The Pokémon Go developer’s vision for the Metaverse is different from supporting Facebook (Meta), which aims to connect users in VR.
Niantics founder and CEO John Hanke earlier this year announced a blog post calling the process a “dystopian nightmare” in anticipation of the popular Ready Player One virtual reality.
Niantics’ vision is involved in creating a “transformed AR world map” to “make the world a better place with data and interactions,” Hanke said. Funding from Coatue to extend Lightship ARDK, the augmented technology release of Niantics, which began licensing to another developer earlier this month.
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