Decentralized crypto exchange Hashflow has launched a competitive, gamified financial experience called the Hashverse, which offers narrative and educational quests around decentralized finance (DeFi) activities such as cryptocurrency trading.
In the Hashverse, traders can choose a character avatar, stake tokens, complete various browser-based ‘quests’, purchase a Hashverse character. NFTsclimb the leaderboard and earn or win as possible HFT—Hashflow’s governance token.
“We hope to positively transform the experience of trading, competition and governance Web3while ultimately empowering the community to shape the future of our platform,” Hashflow CEO and founder Varun Kumar said in a statement.
Governance Tokens are crypto tokens used by decentralized communities, also known as DAOs, to vote on various measures that shape the future and goals of said community. Hashflow will give away one million HFT tokens to teams and individual players during the first “season” of Hashverse, which the platform says will last 12 weeks.
Hashflow developed the project together with advertising agency and entertainment studio Superconductor, which was founded alongside Hollywood directing duo Anthony and Joseph Russo (“Avengers: Endgame”) “Fast & Furious“franchise director Justin Lin.
Hash freshThe game’s lore is set in the futuristic science fiction world of Renova, where an artificial intelligence known as Solus was created to prevent a devastating war. But when citizens rose up against the AI in a struggle for power, it retaliated and established an AI-powered planetary dictatorship.
A screenshot from Hashverse. Image: Hashflow
This knowledge is not entirely different from that of crypto firm and STEPN maker. Find Satoshi Labs’ upcoming game Gas hero, which is also set in a dystopian world where a powerful AI entity has caused global destruction. Find Satoshi Labs is similarly giving away millions of GMT, the STEPN governance token, as part of the launch of Gas Hero.
While the Hashverse is not a video game necessarilyit is a step toward providing a browser-based, gamified experience to crypto traders and NFT fans with the aim of making crypto transactions and DAO management more fun.
In the Hashverse, players can compete as part of a team-based ‘alpha Allegiance’. For the first season of Hashverse, loyalties will be set up for members of various NFT communities, including The gods, Pudgy penguinsJuicy seals, Deadfellazand many other projects.
Stepn Creator’s next game is a social MMO called Gas Hero
“We believe strongly in the power of true community and, for the first time ever, hope to unite some of the most engaged and valuable people on Web3 worldwide in a way that tangibly benefits them,” said Hashflow CMO and CSO Andrew Saunders, in a statement.
“While some alpha loyalties will be led by the founders, many have already chosen to be led by actual members of the community themselves,” Saunders added.
Allegiances can also participate in bi-weekly team-based trading competitions called “Battle Royales” starting October 4, with winning teams receiving a share of the HFT prize pool.
Hashflow jokingly rated the Hashverse game “D” for “degen”, citing “rekt, smack talk and gud vibes” as reasons for the score. It is inspired by the Entertainment Software Rating Board (ESRB) rating system used by popular video games.
Hashverse’s quests are single-player and offer a mix of story-based quests that draw on science fiction history and more educational quests. In the daily educational quests, users can read more about DeFi topics and learn about different trading strategies and technical analysis. Completing quests earns participants XP, and the alliances with the most XP reach the top of the leaderboards.
However, Hashflow is not the first crypto company to create a gamified social trading experience with crypto benefits. In recent months, other social crypto platforms have taken to it Friend.tech and Yuga Labs’ HV-MTL forge game is on the rise as traders use new platforms that allow them to buy and sell crypto assets to gain exclusive benefits.