Tradegames is a play-to-earn (P2E) trading simulation game built on the Hedera network, designed to offer a competitive and risk-free environment for users to test their trading skills. The platform allows players to build fantasy portfolios using real-world stock market data and compete against others to see who can achieve the highest portfolio growth over a set period.
To participate in the competitions, users are required to own a "Vault" NFT. These non-fungible tokens (NFTs), minted on Hedera, serve as a player's entry ticket into the game's reward-based tournaments. Winners of these competitions are rewarded with $TG, the platform's native utility token. The $TG token can then be used within the ecosystem to enter exclusive games or for other platform-related activities, creating a self-sustaining game economy.
Developed with support from LimeChain, the platform leverages the Hedera network for its core functions. Both the Vault NFTs and the $TG utility token are Hedera-based. By simulating crypto and stock trading without requiring players to risk actual capital, Tradegames provides an accessible and educational entry point into the world of financial trading, all within a Web3 gaming framework.
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When users stake HBAR tokens through Stader's platform, they receive HBARX, a liquid token representing their staked HBAR. This mechanism allows HBAR holders to continue participating in the DeFi ecosystem with HBARX, engaging with protocols including SaucerSwap and HeliSwap for additional yield opportunities, while still accruing staking rewards. The HBARX token is designed to increase in value relative to HBAR as staking rewards accumulate in the pool, with an auto-compounding feature managed at the smart contract level.
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