
Discussion on CoinFantasy and gaming – Interview with Harishkarthik Gunalan
Recently we have sat down with CoinFantasy CEO and Co-Founder Harishkarthik Gunalan. His platform is gaining the eyes of many crypto gamers and investors and is offering a fresh way to engage with the blockchain.
CoinFantasy is the “World’s First Invest-Gaming Platform” and is bringing a new light to digital asset ownership on the blockchain. Blockchain technology offers full digital ownership over assets and is on course to revolutionize the gaming and iGaming industries in the years to come.
Harishkarthik Gunalan is a passionate figure within the Web3 space. His love for tech and blockchain, showcased in his project, CoinFantasy .
Read on to learn more about CoinFantasy and how they are going to make a name for themselves in the web3 space.
What is the purpose behind Coinfantasy? What makes it different from other related platforms?
The pinch point of users about the financial sphere is its volatility.
Although uncertain, it could take you to the moon, bury you underground, or keep you afloat. On top of all this, the fear of missing out (FOMO) prevails. CoinFantasy’s primary objective is to provide users with an opportunity to experience the entire investment journey through gaming, without incurring any financial losses. CoinFantasy focuses primarily on developing countries in the Web2 space that are interested in transitioning to the Web3 space. Its goal is to attract the next billion users to the Web3 space.
The idea of creating a platform that gamifies the financial market first came to me in 2021 when the ‘Robinhood saga with Dogecoin’ happened. People were hysterically investing in the memecoin just because it was creating a buzz. They were not looking behind or beyond to know the path and predictions of the crypto, which I believe is very critical in investments.
That was our eureka moment for creating a platform in which users can get exposure to the primary assets without any losses. We initially took the fantasy route, as that was rather relatable and prominent in trend then, to solve the market challenges but settled with an investment perspective. Today, CoinFantasy is the world’s first decentralized invest-gaming platform that gamifies the financial sphere with multiple categories of games. This is the first time gamers and investors are coming across a platform that sits well at the intersection of gaming and finance. The biggest advantage of the platform is its ‘No Loss’ gameplay.
The rewards are distributed in form of CFTs, the in-built token of CoinFantasy. Its reduced supply keeps it on the top of the most futuristic token ever.
Can you inform the readers at home what got you into the world of Web3?
In the past century, video games have become the predominant form of entertainment, with an estimated 10% annual growth rate and a current worth of 200 billion. By 2023, 3 billion out of the total 8 billion population will be gamers. However, traditional gaming models have hindered the pace of evolution in the industry. For instance, assets purchased in a traditional game only have value within the ecosystem of that particular game, leaving the question of ownership unanswered. This is what led me to explore web3.
Web3 games represent a breakthrough from traditional entertainment, allowing players to earn rewards in the form of cryptocurrencies and non-fungible tokens (NFTs). The greatest advantage of web3 games is their ability to streamline individualized economies that provide genuine ownership of objects used within games to players.
Being a gamer and technocrat, I always kept an eye out for technologies that could make a difference in the industry. I began building Dapps and quickly fell in love with the technology and its potential for breakthroughs, which sparked my journey in Web3.
Did you ever expect to be bringing out a Web3 related project when first learning about the space?
Web3 was not the first breakthrough that I experienced. I have been a part of several disruptions, ranging from software to digitization and blockchain. Eventually, web3 became a part of my journey. As someone who has built several blockchain DApps, I was interested in making a significant impact in the web3 space. The finance and gaming concepts completed the puzzle for me. While addressing market challenges was a significant aspect, I also wanted to create a form of entertainment that offered learning opportunities and rewards. I envisioned a platform that was fun, educational, and rewarding, which ultimately led to the birth of CoinFantasy.
Can you explain what the games are that are currently available on your platform?
Since inception, we have been serving users with amazing games that helped them become investment pros. In order to make it more gamified, we have started coming up with themes that could assist players in navigating the market better.
For example, recently, we launched our first theme-based game- DeFi Twist. Focusing on decentralized finance tokens, this game lets players choose from Low, Mid & High Total Value Locked (TVL) coins. This theme is a great fit for people who want to master decentralization.
Next came HODL play which teaches users how to sustain the ups and downs of the market. Theme-based games like ‘Yield Farming’ ‘Meme Riot’ are all set to kick off soon.
The fundamentals of Coinfantasy is somewhat of a new concept within Web3, what were your main influences for the platform?
Web3 is still in its early stages, and so is CoinFantasy. The ultimate vision is for CoinFantasy to grow alongside web3 and adapt to its emerging features.
To achieve this goal, CoinFantasy is helping players in two significant ways. The first is by making them market-ready. By participating in our games, players can explore the volatility of the industry without risking any financial losses. Through continuous gameplay, they can develop unique tactics and learn strategies that can help them sustain their investment for a longer period.

Source: CoinFantasy
Do you aim to bring a fairer playing field with your “No-loss game”? The industry is riddled with controversy and it seems may have a positive impact on the industry with CoinFantasy.
The ‘No-loss gameplay’ offered by CoinFantasy is a pure blessing for players and investors who want to learn about market trends without experiencing financial losses. Users will be a able to make huge returns at the same time learn about the markets in a fun way
The primary objective is to make people experience the crypto markets without exposing them to market risks. CoinFantasy achieves this goal by creating a multiverse of the financial market where players can gain hands-on experience in a gamified manner. Moreover, investors can improve their trading skills without directly exposing themselves to volatility.
What can users expect from upcoming game releases listed on your site?
There are things that are planned as part of our current roadmaps. We would be soon launching Social Trading NFTs that will allow users to buy strategies to be used in the game as well as on the Dapps.
Besides, we would also plan to launch our Vaults once we reach a mark of 1m+ users. These vaults allow users to stake & generate yields on the staked funds at the same time playing games using the staked funds.
For onboarding purposes we are seeing big crypto games turning to celebrities and influencers for marketing efforts.
You don’t seem as reliant on them, but still have garnished a lot of positive engagement, why do you think this is the case?
With 179k users, CoinFantasy has achieved 786k transactions since its inception. We have successfully awarded 888,519 CFTs to players who have topped the leaderboard.
So far, whatever we have achieved is purely through referrals and word of mouth. Thanks to our community, we got to expand our user base and enhance gameplay over the past few months.
However, we are also taking note of the developing threshold for influencers. We would be soon planning to launch a tournament for influencers, exchanges & other crypto platforms.
What are your favorite parts about Web3, blockchain, crypto etc.
CoinFantasy is built on the foundation of Web3, blockchain, and cryptocurrency. Blockchain, as a part of Web3, offers several benefits such as control, transparency, resilience, and decentralized finance.
Cryptocurrency has disrupted traditional finance models and offers advantages such as easy and private transactions, inflation hedging, cross-border payments, financial inclusion, and adaptability. I am particularly impressed by these aspects of cryptocurrency.
Where do you see Coinfantasy in the next 1, 5 and 10 years?
We have an ambitious plan for the next two years, with a detailed roadmap in place. Our primary goal is to reach one million users by the end of 2023, and we are well on track to achieve this based on our current growth rate.
Innovation and growth have been central to our approach at CoinFantasy, and we are always thinking of ways to educate and reward our players. One of our recent developments has been the introduction of theme-based games, such as DeFi Twist, HODL Play, and Yield Farming, which allow players to experience different investment strategies and assets in a fun and engaging format.
Looking ahead, we aim to expand our portfolio of games to cover various asset classes and gamify the entire financial sector. Once our ongoing Seed round is closed, we will be launching our mainnet, which will allow users to withdraw their winnings in CFTs. We plan to share a detailed roadmap with our community in the near future.
Blockchain Gamers keep your eyes on CoinFantasy
CoinFantasy has amassed over 800, 000 transactions thus far, and this number keeps on growing. Harishkarthik and his team have managed to make a mark within his home country of India and intends to push his vision further around the world. Educational institutions across India have collaborated with CoinFantasy in an attempt to educate and onboard more users to the wider blockchain.
CoinFantasy aims to move their marketing efforts further into up and coming nations like Nigeria as Africa has shown a strong interest in crypto over the past 12-24 months.
Whilst crypto investing is popular, there is still a lot to be done to bolster numbers. They hope to create a fun, engaging way for people to invest into Web3 and not have any headache they may otherwise experience.
Be sure to check out CoinFantasy and their social pages to keep up to date with their project!