• 07:42 – OM Token Hits All-Time High of $1.45 - Market Outlook 
  • 17:50 – EigenLayer Protocol Faces $5.5M Token Transfer Issue 
  • 02:34 – Bitcoin vs Gold: Standard Chartered Declares Gold the True Safe Haven 

Crypto Gaming Developer PiP World Raises $10M for Educational Games

PiP World Secures $10 Million for Educational Crypto Gaming

Crypto gaming developer PiP World has announced a significant investment of $10 million to expand its educational-focused gaming ecosystem. The company, based in Dubai, aims to blend engaging gameplay with personalized learning experiences. This funding comes just months after PiP World acquired a Roblox stock simulator named StockRise and launched the Telegram-based game Gold Rush.

Investment Details and Future Plans

According to a statement, PiP World secured this investment from Exinity, a fintech company also based in the UAE. The company aspires to be the “Duolingo of crypto,” focusing on providing educational games that attract users from emerging markets.

  • Upcoming mobile game: PiP Trader
  • Current offerings: StockRise and Gold Rush

CEO Saad Naja expressed excitement about the partnership with Exinity, stating, “This investment will enable us to expand our offerings and reach more users globally.” The company plans to launch a blockchain-based mobile game called PiP Trader by the end of the year, aiming to incentivize players to engage with their other games.

Market Impact and User Engagement

The recent rise in user engagement in the web3 gaming space, particularly through Telegram games, indicates a growing interest in educational and financial literacy games. PiP World seeks to capitalize on this trend by offering easy-to-access games that not only entertain but also educate players about financial markets.