TL;DR
- OKX has launched ‘Racer,’ a new game on the Telegram Mini-App (TMA) platfor. Challenging users to guess Bitcoin price movements within five-second intervals.
- The game allows players to predict whether the price of Bitcoin will ‘moon’ or ‘doom’ in the next five seconds. Earning points and referral rewards, as well as upgrades in the game.
- Jason Lau, the exchange’s Chief Innovation Officer, highlighted the importance of using accessible platforms like Telegram to engage with the crypto community, encourage participation, and provide entertainment.
OKX, one of the leading global cryptocurrency exchanges, has introduced ‘OKX Racer,’ a new game on the Telegram Mini-App (TMA) platform that challenges users to guess Bitcoin price movements in five-second intervals. This is the first time a major centralized exchange has ventured into the realm of Telegram mini-apps.
The ‘OKX Racer’ game is characterized by its simplicity. Players must predict whether the price of Bitcoin will experience a rise (“moon”) or a fall (“doom”) in the next five seconds. Correct guesses award players points, and consecutive wins can multiply these points. Additionally, users can invite their friends to earn referral rewards and use the accumulated points for in-game upgrades.
Every day is race day with our new Telegram mini-app #OKX Racer 🏁
🔮 Tap to guess #Bitcoin price
🔝 Earn points & use for upgrades
🏆 Battle on the leaderboard for bragging rights
✅ Complete KYC for future surprisesRev up your engines & invite frens: https://t.co/bhnW622mrm pic.twitter.com/vvwcnVSSJI
— OKX (@okx) July 22, 2024
OKX Responds to User Needs and Demand
Jason Lau, Chief Innovation Officer at OKX. Explained that the decision to launch ‘Racer’ addresses the need to use accessible and user-friendly platforms to connect with the crypto community. According to Lau, the Telegram mini-app platform is becoming a key space for interacting with users and fostering participation. “At OKX, we want to embrace platforms that are not only accessible. But also incentivize engagement and provide entertainment,” he stated.
The rise of Telegram, with over 900 million users, has attracted numerous developers interested in leveraging its popularity. Although ‘Racer’ is based on a concept that is not entirely new, as similar games have been launched previously, its implementation on Telegram could offer a new dimension of interaction for players.
The Telegram community could expand OKX’s reach in the competitive crypto market. With this move, the platform aims to strengthen its leadership position by boosting participation in Bitcoin. On its platform, and in the crypto market in general.