Cryptocarz

Cryptocarz 

  

What is CryptoCarz

 CryptoCarz is multiplayer, virtual reality enabled racing experience, powered by blockchain technology, allowing you to build and drive your own ride online where our racetracks will let you test your skills. Our garage will offer the latest of mods and kits to create unique builds. Each car is from a limited-edition series model that will also be a collectible piece in your virtual garage, exactly like a real car

 

The Advantages of Cryptocarz

To be honest, the advantages associated with the project has to be primarily related to the way the game itself works. This is about more than just your racing ability as it also involves building the correct car and improving on the kits as they are released. The blockchain aspect is easy to understand since you simply use it to store data of your cars and history, which is hardly new in a technical sense but it is pretty cool to have them using this approach within the game.

The Financial Aspect and the ICO

The problem with the financial side of things is that there is no information at this moment in time. That is because this project is truly in its infancy and even though they have released details on the number of units related to each model, there is nothing out there about the ICO or even what the exchange rate will be per token.
All we can say is that at the outset there will be 20 models and 650 units of each model. You need to purchase the ERC721 NFT to own one which is where the value of the tokens are going to come into play.

Overall Conclusion About Cryptocarz and the ICO

Even though there is relatively little information out there about Cryptocarz so far, there is enough for us to draw a few conclusions as to what the potential could be for this project. The fact that they are attempting to get into the world of digital gaming is a good move considering how it is a massive industry, so combining that with virtual reality technology and the blockchain does come across as being rather prudent in its approach.

The place of blockchain in gaming

Gaming is not about to be left out in the wave of technological advancements the world is experiencing currently. Fusing gaming unto the blockchain will enable gaming to take a whole new dimension. Consumers will now be able to access their favourite games as digital assets. These new blockchain enhanced gaming technology makes use of assets known as Non Fungible tokens (NFTs) – these pieces of assets are easily traded like commodities. Just like digital assets, such as cryptocurrencies, use protocol, so also do these games. Each digital platform has its preferred and most suitable working protocol. For cryptocurrencies such as the Bitcoin and Ethereum, they make use of Fungible tokens. The most preferred protocol for cryptocurrencies is the ERC 20 protocol. But for the gaming platforms, the case is different. They make use of non-fungible tokens. The most suitable NFT for the cryptocarz technology is the ERC 721 protocol. It is specially crafted for blockchain based games such as this one.   With this, gamers can purchase their favourite games and pay for modifications of their cars very easily.

The fusion of Gaming and E-Sports

Statistics show that E-sports is taking the center stage in entertainment today. With over 350 participants and over $650 million made in profit, the world’s entertainment industry is largely dominated today by digital gaming. The fusion between these two areas will bond a great partnership that will be a gold mine in revenue generation in the next few years to come. 

Virtual reality in the world of gaming

Ever taken time out to consider what the virtual reality is and what it is all about? Virtual reality gives people the opportunity to create and bring alive their imagination. Operating in a completely virtual environment, participants are able to come closer to their competitors, contestants, and other challengers. How much more fun could one possibly ask for? Sitting in the comfy relaxed confines of one’s home in Philadelphia,  with the aid of Virtual Reality, one is able to participate in all national and international car racing championships across the globe. For the Formula One drivers, this is a great opportunity to go around the world, virtually, having a feel of the excitement of these competitions.

 Website: https://cryptocarz.io
Bounty thread: https://bitcointalk.org/index.php?topic=3406762.0
Telegram: https://t.me/cryptocarz
ANN Thread: https://bitcointalk.org/index.php?topic=3405109.0

author:
rivaldo2020
BTT Profil link:
https://bitcointalk.org/index.php?action=profile;u=2051385
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