CPF Board launches virtual escape game to help students learn financial literacy concepts in fun way
Teams of four to eight students can sign up for the escape game, with prizes to be won.
To promote financial literacy among tertiary and secondary school students, the Central Provident Fund Board (CPFB) has unveiled a virtual escape game — Catching Insomnia.
The virtual escape game centres around the antagonist, Insomnia, who has turned sweet dreams into terrifying nightmares.
Participants will play the role of “Dreamcatchers” and, in their teams of four to eight players, will aim to capture Insomnia, retrieve the “Awakening Ring” and save “Sleepwalkers” from their deep slumber.
Each round of gameplay will take up to two hours. As part of the virtual escape game, participants will also get access to learning cards to help them better understand the concepts used in the gameplay.
The virtual escape game will take place on a platform called Gather.town, which is an 8-bit metaverse game with web-conferencing features.
Sign-ups can be done via the CPF Website. There are multiple slots in June for booking currently and more slots will be released in due time. Interested participants may also visit the CPF Website for upcoming slots.
The top three teams from the qualifying rounds of each season will move on to the Tournament, which is due to take place in the third quarter of this year. The teams will take on Insomnia one last time and the event will be live-streamed. There will also be a CPF webinar and a virtual award ceremony.
The virtual escape game is recommended for students aged 13 to 25, who will be equipped with some key CPF and financial literacy concepts via the engaging and interactive platform. Some of these concepts include planning and budgeting, compound interest, and the rule of 72, which determines how long it takes for an investment to double in value based on its rate of return.
There will also be a virtual exhibition corner, The Paradise, where participants can pick up useful tips and resources by the Ministry of Education (MOE), National Youth Council (NYC), National Library Board (NLB), and MoneySense.
Participating teams can stand a chance to win escape game vouchers by The Escape Artist worth up to $56, and exclusive NETS Prepaid cards with pre-loaded value. The cards were specially designed by Mass Communication students from Republic Polytechnic.
For more information on the virtual escape game, please visit the CPF Website.