With the emergence of blockchain technology, taking traditional games to the next level, play and earn has become a popular concept in the gaming industry. However, with so many players entering the market, these platforms will face enormous competition in the long run if they don't bring anything beyond the mod itself. The goal of Aloha DeFi is to combine the "play and earn" model with the concept of "learn to earn", so that participants have many opportunities to earn money, thus taking it to a new level.
Aloha started as a WiFi sharing platform focused on providing users with passive income opportunities. In effect, the platform allows users to earn money by sharing mobile bandwidth. With all the potential benefits brought by decentralized finance (DeFi), Aloha has always hoped that DeFi will provide its users with more passive earning opportunities, as a portal for users to enter the DeFi world, providing NFT, Surf Invaders games, staking, DAO platforms and learning academy.
Passive earning opportunities
The key to the Aloha ecosystem is its NFT. Participants can look forward to the release of a new set of Aloha NFTs each season, which has seen six seasons so far. The new season will be released with original themes from "The Surfers" and "Cult Fiction," featuring all six characters. All NFTs have some level of scarcity due to limited editions every quarter, and this scarcity will only increase as the platform grows. Recently, Aloha released NFTs for their latest season, each of which was inspired by Quentin Tarantino films and is part of a powerful use case for these NFTs - Surf Invaders.
Surf Invaders is a play-to-earn platform that provides users with an entertaining way to utilize their NFTs. What is the only requirement to get started? Hold an NFT.
The game is similar to Flappy Bird, easy to pick up and challenging. The core premise of this game is to run through sea monsters that are spawned in the game, which may be designed by the developers or other players. Participants then earn points for performing cool tricks, avoiding other obstacles, and cleaning up plastic in the ocean, also in an eco-friendly twist. The game is not as easy as it looks, forcing players to test their decision-making skills in order to reach the top of the leaderboard for a chance to get a cut of the Aloha platform fees.
NFTs also offer users the opportunity to earn money through sweepstakes. Through this method, any participant holding 5,000 ALOHA tokens in their wallets may be eligible to receive benefits. The more tokens a user holds, the more raffle tickets they can hold and the better their chances of making money. Aloha has since announced that the first sweepstakes will run for two weeks from October 14-31, when the first sweepstakes will take place. The sweepstakes uses Chainlink VRF to select winners.
The "learn to make money" model comes into play at Aloha Academy. Aloha Academy is an online educational tool where modules are set up to educate users about blockchain, DeFi, and anything (and everything) related to the Aloha platform. Users can not only increase their existing knowledge, but also get some rewards. Any and all community members can learn with no upfront cost or investment. Therefore, anyone can learn to make money.
To realize these opportunities, Aloha has integrated Polygon Network (MATIC) and Chainlink (LINK) into their ecosystem to support their DeFi services and provide multiple earning opportunities. Polygon has long been considered the gold standard in gaming and powers the Surf Invaders game and NFTs platform, with advantages including low fees and an eco-friendly network. On the other side, Chainlink is the basis of VRF for their sweepstakes.
riding the tide of development
In the next 12 months, the Aloha platform will present a huge plan. Over the past year, team members have turned their attention to Aloha Academy, SHAKA Staking Platform, Aloha Marketplace, and Aloha 4 Business. Two of these initiatives are primarily focused on bringing merchants into the Aloha ecosystem, creating mutually beneficial relationships.
The Aloha marketplace will serve as a place for merchants to sell their products and services to users. In contrast, Aloha 4 Business will help small businesses take advantage of the digital currency world and bring locals to business through the Aloha Rewards app. Platform users can also expand their knowledge at the Aloha Academy, which recently launched its first course.
When reflecting on their progress over the past three years, a member of the Aloha team shared:
"The DeFi field has proven that artificial barriers no longer limit financial services. Now anyone can tap the full potential of financial services from anywhere, and Aloha is making full use of decentralized technology to provide a series of DeFi services with multiple earning opportunities .”
Developments on this platform continue to prove that NFTs are about more than buying million dollar Punk, Ape or whatever. NFTs are about inclusion and allowing every user to be part of a new and exciting financial revolution. Aloha aims to bridge this gap, making DeFi and NFTs accessible to everyone, while providing endless earning opportunities.
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