The Increasing Gamification Of Crypto Trading
Your Crypto Portfolio - Gamified, for the next generation. And this is only the beginning.
Investing was historically a rather stuffy, elitist affair. Crypto has turned that paradigm on its head. Now, anyone can speculate, and have fun doing it. Sprinkle some narcissism and social gamification and you get altpocket.io, a website I recently discovered which takes the concept of a crypto portfolio and aims it squarely at the new generation of savvy crypto investors.
Currently "That-1-Guy" is the top ranked member, with a very respectable portfolio of mainly Siacoin. People can follow and comment on their favorite profiles.
I remember one of the Steemit creators (it was either Ned or Dan) describing Steemit in an interview. He said you could look at it as a "social media game." Games were indeed one of the first spaces to take full advantage of cryptocurrency, so if you come from the opposite direction, starting with crypto, it's quite straightforward to gamify the whole space.
They have their own API, so things are set to expand and develop over time. For now, they're linked with Poloniex, Bittrex and Coindesk.
The altpocket website syncs with your Exchange and displays your portfolio for the world to see. Leaderboards give kudos to the top investors, and a benchmark to compete with. It's all very new, young and trendy. Who knows? - The site could crash and burn, but I think it's a fantastic concept and I hope it does well.
Altpocket.io. Check it out here ..
I can imagine more sites taking a similar approach in the future. Bigger websites like Facebook and Twitter already do A/B testing to refine the user experience over time. Anyone from the world of UX/UI study will tell you that gamification and other addictive qualities are increasingly being introduced on sites to "encourage" the user to engage with the site more intensely, more often and for longer periods. Perhaps in the not too distant future, we will have more and more hybrid platforms that blur the lines between crypto exchanges, social media, and gaming.
Words: Condra. Top image from Pixabay
Also, for the record: I'm not affiliated with altpocket.io in any way.