Radix’s RadQuest gamifies DeFi onboarding and education by turning learning into interactive quests with rewards, making the onboarding process more engaging and less intimidating for newcomers.
Gamification is a term for using elements associated with games in non-game contexts — such as a marketing strategy. It can boost Web3 adoption by making learning more engaging and accessible, as navigating the complexities of decentralized finance (DeFi) can be daunting for newcomers.
Transforming educational tasks into interactive quests lets users explore Web3 technologies at their own pace, earning rewards and building confidence as they progress. This approach simplifies the onboarding journey, making it less daunting and more enjoyable for everyone.
Gamified learning for easy access to DeFi technologies
A recent effort to gamify Web3 onboarding was introduced by Radix, a layer-1 decentralized network. The mobile-ready Web3 onboarding platform is called RadQuest, and it gamifies the learning process for crypto newcomers.
Created in collaboration with ustwo, the digital studio known for the award-winning mobile game Monument Valley, RadQuest aims to provide an educational introduction to the Radix ecosystem.
Jetty, a companion into Web3 and DeFi. Source: Radix
RadQuest users are guided through the Radix ecosystem, gaining firsthand experience with the platform’s solutions to prevalent many common blockchain issues. One of the key features users will encounter in the educational process is Transaction Manifests and Reviews, which ensure that all transactions are human-readable and come with guaranteed outcomes.
Transaction Manifests and Reviews simplify the complex process of verifying blockchain transactions. Source: Radix
Users also explore the usability of the Radix Wallet, which is available on both iOS and Android. The wallet integrates seamlessly with Radix decentralized applications (DApps), whether accessed from mobile or connected to a desktop browser.
Another element of the RadQuest journey is the Radix Engine virtual machine, which ensures that all assets within the Radix ecosystem have predictable behavior. This predictability simplifies asset management, allowing users to easily understand and interact with their holdings.
Source: Radix
Furthermore, Radix’s Persona System separates identity from asset ownership. The feature enhances security and offers a streamlined login and identity solution for users and DApps.
Radix’s Persona System provides an additional layer of user-friendly functionality. Source: Radix
Jetty, a digital companion, guides users through RadQuest as they set up accounts, stake Radix (XRD) tokens and use decentralized exchanges. Making the learning process approachable, Jetty helps demystify Web3 for non-crypto enthusiasts.
Jetty helps users throughout their RadQuest journey. Source: Radix
Users can accumulate over $20 in XRD tokens and earn tokenized rewards that can be transformed into collectible “RadMorph” non-fungible tokens (NFTs) by completing quests. Encouraging community growth and participation, RadQuest also offers a referral program, rewarding both the referrer and the new user with an extra $1 in XRD.
Driving user adoption and expanding the ecosystem
RadQuest represents the first stage of Radix’s rapid growth phase, focusing on user onboarding. Following the successful implementation of the Babylon upgrade, Radix announced Breakout2024, a comprehensive plan focused on marketing, user onboarding and project launches within the ecosystem. The steps taken so far include:
- Radix Connect for Mobile: The technology allows DApps to function smoothly on mobile browsers, making DeFi more accessible.
- SuperStaking initiative: Radix introduced a $14 million SuperStaking program, with the first wave selling out in 90 minutes.
- Ecosystem fund: A $10 million fund has been established to provide grants and support to projects building on Radix.
The Ecosystem Fund is growing to 250,000,000 $XRD, currently worth $10 million+!
— Radix - Radically Different DeFi (@radixdlt) May 30, 2024
This fund will be distributed to Radix ecosystem projects via a range of new developer incentives, rewards, and grants! 🔥
Learn more: https://t.co/1eOPXNqPJ6
- Radix Wallet App: The app has surpassed 100,000 downloads, reflecting growing user adoption.
🎉 Milestone Alert 🎉
— Radix - Radically Different DeFi (@radixdlt) July 15, 2024
The Radix Wallet has surpassed 100,000 downloads on iOS and Android! 📱✨
A huge thank you to the Radix community for your incredible support! 💙 pic.twitter.com/1W83b9rSaJ
- Token Trek: An ecosystem rewards platform designed to incentivize user engagement.
- Arculus Wallet support: The Arculus Wallet now supports XRD.
- Crypto EQ report: The report provides a bullish outlook on Radix, highlighting its potential.
- Project Ignition: The initiative went live and increased Radix’s total value locked (TVL) by 76% within two weeks, adding over $20 million.
Future developments for Radix include a fully decentralized seed-phrase-free user experience and decentralized multifactor authentication.
Initiatives like RadQuest help users navigate and confidently embrace DeFi and Web3 technologies by gamifying learning. As more projects adopt similar approaches, the future of Web3 could see mainstream adoption and a more inclusive digital economy.
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