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OKX Unveils ‘OKX Racer’ Bitcoin Price Game Amid Rising Trend of Telegram Mini-Apps

OKX Racer: A Bitcoin Price Prediction Game Offering Referral Rewards and In-Game Upgrades Amidst Rising Popularity of Telegram Mini-Apps

Robert Green by Robert Green
Jul 22, 2024
2 min. read
OKX Unveils 'OKX Racer' Bitcoin Price Game Amid Rising Trend of Telegram Mini-Apps

Key Points

  • OKX, a top-tier crypto exchange, launches a free-to-play Telegram mini-app game, OKX Racer.
  • The game involves guessing the price movement of Bitcoin, with potential player incentives yet to be clarified.

OKX, a leading cryptocurrency exchange, has introduced an innovative free-to-play game on Telegram’s mini-app platform, named OKX Racer. This move makes OKX the first significant centralized exchange to embrace the growing trend on Telegram.

Telegram, with its user base exceeding 900 million, continues to draw developers due to its immense popularity. The platform hosts several tap-to-earn games like Hamster Kombat, Notcoin, and Yescoin, where users can earn cryptocurrency through the TON blockchain.

Introduction of OKX Racer

Per an official announcement, OKX Racer is a straightforward guessing game. It encourages players to predict whether the price of Bitcoin will rise or fall within the next five seconds. Players earn points for each correct prediction, with consecutive wins offering multipliers that can significantly increase their points.

The company also mentioned that players could invite friends to play, earning referral rewards and using points for in-game upgrades.

Jason Lau, OKX Chief Innovation Officer, stated that it was fitting to join the ongoing trend. He emphasized that any entity wishing to actively engage the crypto community should consider Telegram’s mini-app platform. This consideration influenced OKX’s latest decision, Lau explained.

Unclear Player Incentives

At the time of writing, it remains unclear what the incentive model for OKX Racer will be. Typically, these games thrive on the expectation of a potential airdrop in the future, where points can be exchanged for game-related tokens launched on TON.

A similar situation occurred with Notcoin in May, when it airdropped over 80 billion TON-based tokens to its players.

Regardless of the reasons behind the launch of the OKX Racer game, the team is optimistic that it will be popular among users and contribute significantly to its community’s growth.

It’s worth mentioning that the concept behind OKX’s new game is not entirely original. In 2019, the Solana-based derivatives betting platform Hxro introduced a similar price prediction game based on Bitcoin’s price movements.

Tags: Bitcoin (BTC)

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