When you hear the professionals that are well versed on cryptocurrencies, you continually listen that the main purpose for each new ICO must be to solve a problem or to address a real-world issue that needs fixing. It’s almost the same principle of any basic entrepreneurship. Very few thinkers have gone outside this established model, and even fewer people have ventured to research the possibility of applying the tech to the gaming industry.
The team working on the development of CryptoCarz has seen potential in the merging of these vastly different niches, and they are ready to offer something new that combines the best features of digital currencies, car design, and gaming on a brand new platform built on Blockchain technology.
The first thing you need to learn about Crytocarz it’s everything related to their main offering. In layman terms, the company is offering a VR-enabled racing video game where multiple players can gather in a fully immersive experience powered by the ever-reliable Ethereum Blockchain. Users can have access to ongoing races using cars designed within the ERC721 environment. Each car is accessible using the platform’s custom token utility that will be exclusively handled in the ecosystem’s private wallet.
As you probably imagine, users will be able to fully customize their cars with extra parts to make them more powerful. Once the user is done with his creation, he’ll be able to integrate his custom creation using the platform’s MetaMask feature as well as other tools that are currently in development.
The work being developed by CriptoCarz is aiming to levels of reality and interaction like no other game offered by any platform currently in the market. The game’s first offering will be 20 main vehicles that will be representative of the top digital currencies in the market. Each vehicle will have an opening for 650 defined variant units that will be specially lined with their own unique coding and managed by a smart contract. That gives us the grand total of 13,000 vehicles available and once that each one of these offerings is sold in the public sale.
There will be no replications of these models offered in the future. The company has still to announce if their offering will be extended as other successful ICO’s join the market, but they seem to be very open to communication through social media channels and their own Website, Telegram, ANN and Bounty Thread
So far the company is marketing their level of interaction by tying it very close to the behaviour of the real world markets. This means that the spikes in prices on specific digital currencies will affect the performance of the vehicles being driven in the ecosystem. This probably means that users who participate in the public sale and manage to cover the cost of a car linked to Bitcoin will have a powerful vehicle lined with the best features of the platform.
If a player being the original buyer of a vehicle wishes to move on, they will have the option to sell the vehicle for a premium on the secondary market. The quality of the deal will be tied to the levels of customization of the vehicle and the ranking it managed to be scored by the player.
