Hedera To Earn (HTE) has announced the official launch of a new platform aimed at aggregating several apps to work under a unified reward system based on the $HTE token. The shift will place Cashtree, Mars Labs and Berryfox under the same ecosystem where users gain rewards on various sets of applications built using Hedera Hashgraph.
The shared incentive layer will be a $HTE token that is registered with Hedera token ID 0.09184724. Individual partner apps can still maintain their tokens and are compatible with the rewards in the form of $HTE.
This integration will streamline user onboarding into the Hedera on-chain ecosystem to a total user base of over 20 million. The goal of the platform is to facilitate the adoption of blockchain on a practical level by providing rewards to familiar user experiences.
Multiple Applications Unite to Power Hedera Reward Economy
The first partners to join HTE are Cashtree, a mobile advertising platform, Mars Labs, a virtual metaverse project, and Berryfox, an NFT-based play to earn idle game. These platforms have allowed their users to receive $HTE by undergoing ordinary actions like watching advertisements, attending virtual events, or playing games on the platform.
Their model establishes a unified digital economy whereby the usage of a single application has a value to the entire ecosystem. The mutual rewards share can help foster the cross-platform approach and retention to offer the users constant rewards. The model will attract crypto-native and traditional users, and it is likely to ensure a wider adoption of Hedera technology.
HTE Driving Scalable Growth of Hedera Apps
By combining reward mechanisms across applications, HTE places itself as a utility in growing a user base at scale on Hedera. The platform will no longer require isolated launches of projects, settling on mass onboarding with the help of app partnerships that already have large bases of users.
The launch is a remarkable way forward into boosting activity and utility on the Hedera ecosystem. In the future, HTE will grow its list of integrated applications to improve the breadth and scalability of on-chain user interactions.
