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'The Rainmaker app helps users learn cryptocurrency trading nuances in a fun and gamified way’.

Many people lose money in cryptocurrency trading as a result of a lack of expertise and comprehension of the trade's subtleties. That is why experts advise that before risking one's money, one should spend some time learning about cryptocurrency trading. Now, a software promises to make learning the subtleties of crypto trading interesting and gamified for new or aspiring crypto traders.

Rainmaker is the world's first cryptocurrency fantasy gaming software, transforming a real-world problem of new investor losses into a realistic learning curve in an entertaining, educational, and gamified environment.

Harsh Himmatsingka, Founder & CEO, Rainmaker, revealed further insights about the app and his thoughts on what the future holds for crypto fans in India in an e-mail interaction with FE Online.

What is the Rainmaker app?

Rainmaker is a Fantasy Gaming app for Cryptocurrency and Stock Markets in the Real-Money Gaming area. Rainmaker is a fun, engaging, and gamified simulation of real-world trading situations.

It provides a completely new and distinct trading experience to India's crypto aficionados and interested. It's built on the idea of offering information to people who want to learn about the intricacies of this investment path in an entertaining way.

By gamifying trades and allowing users to gain analytical skills in crypto portfolio management, it provides a close-to-real experience.

In India, a big number of people invest in cryptocurrencies despite having little awareness of the Blockchain and Crypto industry. What role does the Rainmaker app play in assisting such investors?

Rainmaker educates its customers how market volatility works in the crypto and stock markets, and how an investment in a highly controlled environment with a tiny risk may mirror real-world loss-making emotions, allowing for faster learning and the possibility of a very little stake.

Rainmaker also promotes the best practises of diversifying one's portfolio to spread out risk rather than binary trading or placing all one's eggs in one basket. We always stress the necessity of choosing a platform that will help you brush up on your crypto trading abilities and provide you with hands-on experience with adequate advice and knowledge.

Do you think crypto can generate sustainable earnings in the face of so much volatility and uncertainty?

Volatility is inherent in any marketable market instrument, and uncertainty exists in all industries. It's only a matter of time before our respected authorities come up with a flexible and open-source approach that is universal rather than restricting. It is highly sustainable if one recognises that there are no shortcuts to money creation. In any investment market, discipline, patience, and understanding are essential for producing wealth.

What, in your opinion, is the ideal method to enter the crypto realm in order to achieve financial freedom?

Rainmaker is the greatest place to start learning about crypto markets because it can provide you with the necessary experience to begin with fundamental investment methods. To begin, only one cryptocurrency should be chosen at a time, as the market is quite volatile, and caution should be exercised before diversifying one's portfolio. Expert advise should always be heeded, and one should always begin with little expenditures and careful market study. It also aids in the learning of others in the market, whether through their victories or losses.

How many people in India are using Rainmaker right now?

Rainmaker reached 25,000 downloads in its open beta in its first month, with roughly 2,000 DAU, and is consistently expanding at a 5 percent week on week growth rate.

What is the Go-to-market strategy that makes rainmaker unique?

Rainmaker is the world's first fantasy gaming software for cryptocurrencies, and it transforms a real-world problem of new investor losses into a realistic learning curve in an entertaining, educational, and gamified environment.

Rainmaker's unique "Exit" USP feature is the first of its type in any fantasy gaming app, allowing players to experience the true excitement of controlling their fictitious investments while simulating real-world Stop Loss and Profit Booking actions.

What's the best way to use the Rainmaker app?

Using Rainmaker is as simple as 1. Ready 2. Set 3. Go; Select a contest you like from a list of available contests 24×7, choose your desired Cryptos/stocks, and assign weightage to two of your best-expected performers 2x and 1.5x, wait for the results to be announced after the contest, or take control by using the Exit feature during an ongoing contest, which will give the user a rank and prizes based on the pre-defined rules.

What precautions should one take when using this application?

Rainmaker should not be regarded as a market simulator, as it does not guarantee gains in real-world markets. Users should take caution when investing in real-world markets and not rely on their Rainmaker decisions.

In 2021, cryptocurrencies have generated a lot of interest and excitement. In 2022, what can crypto enthusiasts expect?

2022 will be a prosperous year for cryptocurrency investors we feel, as we have faith in and await the judiciary to involve market experts while formulating a stimulating plan for the investors in this space, as while being the second largest crypto investment country in the world, we’re also looking at the youth taking charge of their personal finances from an early stage, which is a direct determinant of a country’s growth when the next generation of investors don’t have to wait till the end of time to generate wealth and an endless stream of opportunities not only on the investment front but also with respect to employment and technical literacy,bringing India one step closer to becoming a truly deserving candidate to be number one in tech innovation on a global scale.