Financial literacy is the need of the hour in this fast-growing era of digitalization. With this goal in mind, Mogaland has been a pioneer in providing financial education using the latest technologies. With the tagline ‘Play and Learn Finance’, it combines edutainment games to impart financial know-how to its users.
Developed by Tradelite Solutions, Mogaland integrates blockchain and Web3 technologies to give an immersive gaming experience to its learners and simultaneously foster financial mastery. The current version, Mogaland Alpha, provides a plethora of gaming options like arcade, puzzle, fantasy sports, etc. The app’s game-changing approach is its innovative way of rendering complex concepts palatable to its learners. For instance, users navigate real-life price charts of financial instruments such as stocks, ETFs, and cryptocurrencies, presented in a captivating rollercoaster format.
Mogaland is driven by the aim to empower users with financial equality. It aims to “use technology to make financial literacy a right and not a privilege.” To bolster this goal, it has signed a MoU with LACChain, led by LDB Labs of the Inter-American Development Bank, to develop interactive educational modules. Additionally, Mogaland’s sponsor partner, CFTE, has also provided free access to their THINK course platform. This course is internationally recognized and can help learners grow in their career and their journey to gain financial freedom.
Acknowledging users’ learning endeavors and accomplishments, Mogaland offers a gamut of rewards, including in-game incentives, sponsored prizes, and web3-enabled rewards such as NFTs and $MOGA tokens. Notably, $MOGA stands as the world’s first and only token dedicated to fostering financial literacy. Through its thriving community, Mogaland incentivizes peer-to-peer support, allowing players to earn rewards for helping others. With $MOGA, learners can buy Companion NFTs, make purchases of unique items, and even access educational features, thereby cultivating valuable resource management skills within Mogaland’s economy.
Positioning itself as a trailblazer in the realm of personal finance, Mogaland envisions being the future of personal finance and not just a financial education game. The company states, “Our focus is on empowering users with essential financial knowledge and skills through immersive learning experiences.” Mogaland has revolutionized the gaming space by adopting a “learn-to-earn” approach instead of the conventional “play-to-earn” approach. Thus, there is no compulsion for users to buy or own $MOGA or other cryptocurrencies. With the recent launch of Community Clash 2.0 on May 9th and its forthcoming updates, including the debut of the new Mogaland BETA version next year featuring dynamic seasonal content, Mogaland remains steadfast in its mission to revolutionize financial literacy through gamified learning.
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