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Cryptocurrency News Articles

RadQuest: Gamifying DeFi Onboarding and Education

Jul 31, 2024 at 01:08 am

Radix’s RadQuest gamifies DeFi onboarding and education by turning learning into interactive quests with rewards, making the onboarding process more engaging

RadQuest: Gamifying DeFi Onboarding and Education

Gamification is a powerful tool that can be used to boost Web3 adoption and make learning more engaging and accessible.

One 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.

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.

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.

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.

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.

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.

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:

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.

News source:cointelegraph.com

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Other articles published on Nov 21, 2024