Fold launches AR game with Bitcoin Rewards, solid partnership with Niantic to forge a BTC metaverse –

Software company Niantic, best known for developing the augmented reality (AR) mobile games Ingress and Pokémon Go, announced that it has partnered with Bitcoin rewards company Fold. The two companies introduced a new AR game that allows people in the Metaverse to earn Bitcoin.

Bitcoin Rewards Company Launches Fold AR

The Bitcoin rewards application Fold has announced a new game called Fold AR, a game available to users using the Fold mobile application. To develop the game and further develop the metaverse, Fold partnered with the popular American software company Niantic. Fold AR “allows users to earn Bitcoin and in-app benefits by exploring their physical surroundings.”

The initial Collapse AR rollout began on Tuesday, and the team will allow a small portion of users to test the game for a limited time each day.

“This is the easiest and most fun way to get your first piece of Bitcoin,” Fold CEO Will Reeves said in a statement. "Anyone can use our app to earn Bitcoin and other rewards by exploring the world around them. It has always been important to us to make it easy for everyone to participate in the Bitcoin economy, regardless of education or technical expertise."

Niantic is known for producing the AR mobile games Ingress and Pokémon Go. Ingress, released in 2013, has been downloaded over 20 million times worldwide and in 2021 Niantic launched a subscription service for Ingress.

However, the free version of Ingress is still available and is still one of the most famous AR games today. Niantic also developed the popular AR mobile game Pokémon Go, which has about 147 monthly users worldwide. In 2020, Pokémon Go generated $6 billion in sales and the game was downloaded more than a billion times.

“We see a future where our platform technology and AR tools pave the way for new entertainment experiences and real-world connections,” said Meghan Hughes, CEO of Niantic. "Games always help us push the boundaries of technology and allow us to incubate some of our boldest thinking, but we see incredible opportunities in multiple categories, including payments. Working with Fold, which has always been at the forefront of Bitcoin deployment, is a perfect collaboration for Niantic and a great use case for augmented reality."

What do you think about the partnership between Fold and Niantic to launch Fold AR with Bitcoin rewards? Let us know your thoughts on this topic in the comments below.

Photo credits: Shutterstock, Pixabay, Wiki Commons, Fold Blog,