Recently, different projects with gamification (Axie Infinity, Stepn, and many others) have been gaining popularity worldwide. This popularizes cryptocurrency as a phenomenon and stimulates interest in other NFT projects. Some of these projects use the Learn-to-Earn model. Its idea is that users are rewarded for learning some material in the app/on the platform. Let’s take a look at some great examples.
Learning foreign languages
One of the most popular applications of this type, which helps users learn English, is undoubtedly the Let Me Speak app. It is necessary to install it, then create a free character or buy ready-made on the project marketplace. Each character has a set of characteristics:
– Rarity (Uncommon, Rare, Epic, Legendary),
– Talent,
– Level (higher level boosts skills),
– Invites done (the ability to cross a character with other characters to create a new one),
– Learning Speed.
After creating a character, you must assign him the status “active,” and you can improve your level of English. Each character receives 100 energy per day to complete tasks. The app awards LSTAR tokens for completing tasks.
Learning Cryptocurrency
Major crypto exchanges where you may buy and swap cryptocurrency also have their own projects based on the Learn-to-Earn model. That allows people to earn small amounts in cryptocurrencies by successfully completing short quizzes. A significant advantage is that very often; all users can undergo training; it is not necessary to have an account on a trading platform like simpleswap.io. Companies explain that in this way, they are trying to overcome the main barrier to the widespread dissemination of crypto assets – people’s low awareness of them.
A huge number of “Learn-to-earn” crypto projects have already been launched worldwide. All of them are successful to varying degrees. The crypto community actively argues that there is a real opportunity to make money in such applications. However, most of the creators of such projects do not deny the fact that the main purpose of the launch is not to allow the user to earn cryptocurrency but to stimulate their interest in learning something useful.
