OKX Launches Bitcoin Price Game ‘OKX Racer’ amid Telegram Mini-App Boom

OKX, a top-tier crypto exchange, has come up with an innovative free-to-play Telegram mini-app (TMA) game called OKX Racer. 

By launching the game, OKX becomes the first major centralized exchange (CEX) to hop on the Telegram trend.

As is well known, Telegram boasts a very large user base that exceeds 900 million individuals. Unsurprisingly, this seemingly extreme popularity of the social media platform has continued to attract many developers to it. 

For context, the platform plays host to several tap-to-earn games like Hamster Kombat, Notcoin, and Yescoin, allowing users to earn crypto via the TON blockchain.

OKX Racer Launches

According to an official announcement, the OKX Racer is a simple game of guessing. It probes players to guess whether the price of Bitcoin will ‘moon’ or ‘doom’ over the next five seconds. 

For every successful guess, a player earns points, while consecutive wins also give them multipliers that can send their points flying through the roof.

Furthermore, the firm also noted that players may invite their friends to earn referral rewards and use points for in-game upgrades.

Speaking about the reason behind the game launch, OKX Chief Innovation Officer Jason Lau said it was only appropriate to join the moving train. 

Lau quickly acknowledged that anyone looking to actively engage the crypto community at the moment must look to Telegram’s mini-app platform. This reality is what OKX considered as what informed its latest decision, the executive explained. His statement reads in part:

“At OKX, we want to embrace easy-to-use, interoperable, and accessible platforms that cultivate communities, incentivize participation, and encourage fun.”

Potential Player Incentives

As of publication, it is not exactly clear yet what the incentive model would be for OKX Racer. That is if there would be any. 

However, these games usually thrive on the anticipation of a possible airdrop at a later time, where point holders can swap points for game-related tokens launched on TON.

A similar scenario in Notcoin comes to mind. In May, Notcoin airdropped over 80 billion TON-based tokens to its players.

For whatever reason, OKX may have floated the new OKX Racer game. The team is hopeful that it will become a big hit among users while also bringing immense growth to its community at large.

Meanwhile, it might be worth noting that the concept behind OKX’s new game is not a new one. In 2019, Solana-based derivatives betting platform Hxro launched a similar game of guessing that was also based on Bitcoin’s price movements.