Niantic and Fold develop an AR game where you can earn bitcoin
Development company Niantic, famous for Pokemon Go, and fintech company Fold have collaborated on a new AR game. The game, which they claim is part of the metaverse, is currently being rolled out in a limited beta version, with the experience being released in full next year.
The Fold app already gives you the ability to 'spin to win' bitcoin when you purchase using its debit card. The new AR experience extends this, letting players find bitcoin and other prizes hidden virtually around them in blocks when they access the game via the Fold app.
Every 10 minutes, a new block containing fresh bounty is dropped in the vicinity of the player. When you claim a block, you can earn satoshis, a small unit of bitcoin, alongside other in-app rewards. If you're unlucky, you can lose your bitcoin winnings if, for example, you come across a 'poison pill'.
You don't have to own a Fold card to play the game, though cardholders will be granted additional boosts and prizes. Once the game has been fully released, customers will also be able to hide and trade bitcoin.
The Fold app is currently only available in the United States. The launch of this app follows Niantic's announcement of its metaverse vision earlier this year.