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.
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.
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.
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.