Blockchain Play-To-Earn games have become popular as the metaverse sector has grown in popularity. Players can now earn a significant amount of money simply by playing in this new model. Discover Nitro League, a new mobile vehicle racing game with sophisticated gameplay and dynamics, and its NITRO token.
The “ Play-To-Earn ” industry is yet to be built
The phenomenon of metaverses has shaken the gaming and cryptocurrency worlds since the announcement of a Facebook group renaming itself Meta. Play-to-Earn (P2E) blockchain games like Axie Infinity, in particular, have exploded in popularity. These games are attracting an increasing number of users from all over the world as new income opportunities emerge. Their goal is to make money using cryptocurrencies by simply playing.
For the time being, this industry is still in its early stages of development. Play-to-Earn blockchain games are primitive and straightforward. The graphics harken back to the early days of video games, when mechanics were prioritized over beauty.
This new economic dimension in video games has not yet been mastered or supervised, which makes sense. At the moment, blockchain games are increasingly becoming “Pay-To-Win,” in which wealthier players can purchase goods that allow them to proceed faster than people with fewer resources.
However, an increasing number of studios are attempting to create high-quality Play-To-Earn games that compete with today’s mainstream games in terms of graphics, playability, and game mechanics. Nitro League, a decentralized P2E racing game available only on mobile, is a good example of this.
Race cars are tokenized as non-fungible tokens (NFTs) in this game. As a result, players can gather them and prepare them for online races against other players. It will be possible to purchase parts to boost your vehicle’s performance and market worth thanks to dedicated marketplaces. These will eventually be displayed in the metaverses.
>> You wanna know about some other NFT projects? Have a look at the Artieverse
>> Can Ethereum make you rich?
Nitro League has already raised $5 million from investors such as YGG Southeast Asia, Huobi Ventures, and Morningstar Ventures. It was designed and developed by a team of widely known experts in the financial, gaming, and cryptocurrency industries.
>> To learn more about the project, visit the Nitro League website
Nitro League, a game that rewards skilled players
Nitro League is designed to work with all smartphones, from the most basic to the most advanced, making it available to a large number of players throughout the world. The gameplay is built on complicated game principles, which means that only the most skilled players, not the wealthiest, can win prizes. Having the best car and the best equipment will not guarantee success in the end.
Most “Play-To-Earn” games now include a library of characters and things to choose from. As a result, gamers have a vast choice of heroes to pick from. However, the disparity in their levels creates an unbalanced situation: the weakest will have less worth, hence less interest, and will never resale on the secondary market.
In response to this finding, Nitro League opted to only construct a small number of racing cars. As a result, if each is properly equipped and improved, each has a chance to compete with the other.
Finally, as you’ve obviously noticed, getting involved in a P2E blockchain game might be difficult. Players that have been established for a long time are incredibly competitive, therefore they must devote even more time and money to break through the first mass. Nitro League uses a hierarchy system to let players of similar skill levels compete against one another, allowing newbies to battle amongst themselves.
Nitro League has included new player incentive vectors in addition to the NFT-based value of game assets that is common to all blockchain games. We locate its native token, the NITRO, at the heart of these, whose functions we’ll go over later in this piece.
>> To see more about Nitro League, here is its trailer:
NITRO, fuel for the metaverse of motor racing
The roles of the NITRO token
Nitro League members strive to improve their reputation (REP) and become the greatest by progressing through the game. You only need to own racing cars and perform well (or even win) in races to achieve this. All of these activities necessitate the possession of NITRO tokens.
The NITRO is the official money of the Nitro League ecosystem, as you may have guessed. Players must use NITRO tokens to purchase a race car, improve and decorate it, purchase additional race fuel, get eligible for events and good offers, and finally compete in official races.
Nitro League also intends to provide players the opportunity to participate in the ecosystem and shape it as they see fit. First and foremost, they will be able to use their NITRO tokens to form clans or join guilds that operate on a decentralized autonomous basis (DAO). Then you’ll be able to create your own circuit, run races, and even host genuine tournaments.
In a nutshell, the main purpose of Nitro League is to allow players to use their NITRO tokens to advance in the adventure and become more active in the ecosystem. This gives the token true utility by encouraging as many people as possible to own and use it, hence creating market demand.
Next step: the NITRO token IDO
The NITRO token’s Initial Dex Offering (IDO) takes place on three different platforms: Polkastarter, Polygen, and Copper. If you’re interested in the Nitro League project and want to be a part of the token launch, we’ve outlined the quickest way to do so below.
Copper Launch is a platform on the Copper exchange dedicated to the introduction of new tokens to the market. The protocol is built on the ” Balancer Liquidity Bootstrapping Pool “, which enables projects to raise funding from all over the world. Above all, it’s a transparent, open, and accessible system that puts everyone on an equal footing and gives them the same odds of receiving tokens (big portfolios and small individuals alike).
The NITRO/USDC pool will be available on Copper Launch from 5:00 p.m. on Tuesday, December 14 until 3:00 p.m. on Thursday. It will start with 16,666,666 NITRO and 2,000,000 USDC, accounting for 83 percent and 17% of the total pool, respectively. The NITRO will be launched at a price of $0.6 and is intended to follow a predetermined downward path to a final price of $0.06.
Diagram of the price evolution of the NITRO token during its auction period on Copper Launch – Source: NITRO auction on CopperLaunch
This is a traditional token auction. The lower the price, the more buyers there are, and the demand for the token grows. The price rises logically, slowing or even canceling out the predetermined reduction. As a result, if the buying force is strong enough, the token’s price may be able to stabilize and even rise.
How to participate in the auction on Copper Launch?
You must follow the steps outlined below in order to purchase NITRO during the Copper Launch:
- Visit the Copper Launch website for more information.
- Connect your Ethereum wallet of choice (if you don’t already have one, see our instructions on how to make a Metamask wallet);
- Have USDC tokens in your wallet (and ETH to cover gas costs);
- To participate in the NITRO auction, go to this website.
- You’ll find all of the information mentioned in the preceding paragraph there.
- Swap your USDC for NITRO in the designated pool.
You now possess your NITRO tokens! It’s worth noting that the top contributors will receive an airdrop of rare racing automobiles.
Get in touch with Nitroleague:
Nitro League, A “Play To Earn” That Rewards Involved And Competent Players – Summary
- Discover Nitro League, a new mobile vehicle racing game with sophisticated gameplay and dynamics, and its NITRO token.
- Nitro League is designed to work with all smartphones, from the most basic to the most advanced, making it available to a large number of players throughout the world.
- Nitro League uses a hierarchy system to let players of similar skill levels to compete against one another, allowing newbies to battle amongst themselves.
- Nitro League has included new player incentive vectors in addition to the NFT-based value of game assets that is common to all blockchain games.
- The NITRO is the official money of the Nitro League ecosystem, as you may have guessed.
- Nitro League also intends to provide players the opportunity to participate in the ecosystem and shape it as they see fit.
- In a nutshell, the main purpose of Nitro League is to allow players to use their NITRO tokens to advance in the adventure and become more active in the ecosystem.
As of 20.05.2022 on Quickswap, Digifinex, Uniswap, Latoken. As most of you know, Uniswap is on the Ethereum network. Quick swap is on Polygon.
As of 20.05.2022 => 42,883,725. So the market cap is only 862,000 USD
1,000,000,000. This takes the fully diluted Marketcap to : 20.105.022
