About 8.Finance

8.Finance is a platform that combines entertainment and blockchain education. It uses gamification to introduce users to crypto: fun games, quizzes, videos, tournaments, etc.  When users complete these activities, they receive cryptocurrency or in-game tokens as prizes.

The platform is designed to be as easy to use as possible. You don’t even need a crypto wallet. In fact, 8.Finance leverages the legendary Snake Game, which many used to play on Nokia phones 20 years ago and which you can still play in Google Search and in Google Maps.

In that iconic arcade game, you had to guide a snake around so that it can collect and eat the food while avoiding obstacles. In the 8.Finance version, you can register with your email (once again, no blockchain wallet required) to play on desktop or Android/iOS.

There are three game modes: harvesting, battle, and Battle Royale – so it’s much more than the original Snake Game. Players collect 8G – virtual in-game tokens that can be spent on in-app purchases or events on the platform. To earn real crypto, you can join regular tournaments; the latest one had a $100 prize for the player with the highest Snake Game score.

Soon, once the Learn to Earn module is launched, users will also be able to earn real crypto by watching videos, solving quizzes, joining tournaments, etc. This way they will be introduced to various Web3 topics: token swaps, DAOs, gaming, metaverse, farming, etc. Other blockchain projects can run their events on 8.Finance, too, using their own tokens as rewards to engage and build their communities.

8.Finance dApp has a multichain swap interface, where you can trade tokens on Ethereum, BNB Chain, Avalanche, etc. The technology is provided by Li.Finance. In the future, 8.Finance plans to add staking and other DeFi products of its own, so that users can benefit from the knowledge they have received.

The platform has its own token, 8F (not to be confused with the 8G tokens in the Snake Game). It is deflationary, with an extensive buyback-and-burn program. 8F will be available for a public sale once the situation in the market improves.

You can learn more from our recent AMA with 8.Finance on YouTube, where XP.NETWORK CTO Dima Brook chatted with the co-founder and CPO Michael Antonov.

Integrating XP.NETWORK bridging into 8.Finance

8.Finance was designed as a multichain platform from the start, with the plan to expand to launch first on Ethereum, Polygon, and BNB Chain. NFTs also play a major role in the project design: 8.Finance plans to make the snakes in the Snake Game wrappable as NFTs.

These NFTs will contain a snake’s achievements, experience, and accumulated rewards, and users will be able to sell them on marketplace – or even lease them for constant passive income. It’s the first time that one’s success at the Snake Game will become directly monetizable.

Players will also be able to level up the snakes using special EvoNFTs and tokens. Snakes will also be unwrappable, at which point the NFT will be burned and the user will get access to the tokenized rewards within.

The first step towards this ambitious NFT program is enabling NFT bridging on the 8.Finance website – and we are very pleased that the project chose our own widget for this.

XP.NETWORK’s widget is the easiest way to add NFT bridging functionality to a project. It literally takes 15 minutes to integrate the widget – and no advanced coding ability at all. Any person who runs a website or a blog can do it.

The widget is highly customizable: you can style it to match the color scheme and style of a site. It’s also possible to set the background to transparent – very handy when a dApp features carefully designed backgrounds.

Projects can also choose which chains and NFT collections to whitelist in the widget. For example, you can implement only the chains your project runs on, and hide the others (the bridge supports almost 30 blockchains). You can allow users to bridge any whitelisted NFTs, or just those of your project.

The main version of the XP.NETWORK bridge is very user-friendly, but implementing a widget is even more so. One of the advantages that is often overlooked is that the users remain on the website the whole time: it’s very well known in web marketing that to maximize user retention, you should minimize the need to switch to third-party websites. Once a user tries bridging NFTs on the 8.Finance site, they won’t feel any need to go to the “official” XP.NETWORK bridge site – and we are perfectly fine with that.

The widget implementation on 8.Finance has all the integrated chains, so it’s just like the “official” bridge. It also features all the wallets we support, even though 8.Finance itself supports just MetaMask for now.

Of course, bridge integration is just the beginning: 8.Finance has far-reaching plans for cross-chain NFTs. But it’s very important to make that first step and implement a live multichain product.