Dubai-based Web3 gaming developer aims to blend entertainment with personalized financial education.
Dubai-based Web3 gaming developer PiP World has successfully raised $10 million in capital from UAE-based fintech firm Exinity, according to a company statement. The funds will support PiP World’s mission to build an educational-focused ecosystem, which currently includes a Roblox stock simulator and a Telegram-based game.
With aspirations to become the “Duolingo of crypto,” PiP World is committed to combining engaging gameplay with personalized learning. In August, the company acquired StockRise, a popular Roblox-based stock simulation game, and last month launched Gold Rush, a game hosted on Telegram. By the end of the year, PiP World aims to launch PiP Trader, a blockchain-based mobile game, further expanding its gaming portfolio.
The company envisions encouraging players of its Roblox and Telegram games to explore PiP Trader upon its release, integrating financial education into fun, interactive platforms. This strategy comes at a time when Telegram-based Web3 games, such as Hamster Kombat, Catizen, and Notcoin, have attracted millions of new users to the space, thanks to their ease of access and the potential for token-based earnings.
PiP World’s games target emerging markets, where access to financial tools and education is limited. The free-to-play model and opportunities for token airdrops have resonated strongly with users in these regions.
“We’re excited to join forces with Exinity as we advance our mission to transform the way people learn about financial markets,” said Saad Naja, CEO of PiP World. “This investment will enable us to expand our offerings and reach more users globally, particularly in emerging markets where financial knowledge is scarce.”
With the support from Exinity, PiP World is poised to make a significant impact in the rapidly evolving world of Web3 gaming, blending education and entertainment to empower users with financial literacy.
