K4 Rally a new motorsport simulator introduced a blockchain-based virtual car racing ecosystem with K4R as its native token
K4 Rally Launches To Bring Virtual Racing To Crypto
Since the beginning of the videogame industry in the 1990s, motorway simulators have been one of the most popular gaming genres for both children and adults. On-chain play-to-earn is a brand-new concept. With on-chain instruments, K4 Rally is set to supercharge this genre.
“K4 Rally is a well balanced mix of challenging racing gameplay, NFT gaming, Play2Earn, and it is close to real rally sport. In K4 Rally you can own, upgrade, trade and sell Rally Cars, Drivers and much more digital assets.”
— K4 Rally
K4 Rally is an in-browser game, which means that crypto users do not need to install any additional software on their computers to begin playing.
All in-game architecture elements, such as cars, parts, and accessories, are minted as ERC-721 tokens on the Ethereum (ETH) blockchain. K4 uses these tokens to ensure that all players have verified ownership of in-game goods.
K4 Rally Tournaments, Challenges, NFT Trading
The K4R Token was released by the platform team as a backbone element of its tokenomics: these tokens will be used as rewards for tournament participants and winners.
A number of specific digital collectibles, such as race cars, race drivers, and co-drivers, will also be available to buy with K4R tokens. A full-stack race garage will be able to be built by skilled players.
Players will be able to monetize their skills in a variety of ways, both experienced and new. Players can create new teams and configure them by hiring and assigning positions, which improves their performance and provides them with other benefits.
After obtaining eligible cars, a player or team can compete against other collectives on the platform; tournament participation necessitates the possession of K4R assets.
Virtual racing fans can upgrade their vehicles: each model can be leveled up to ten times. Each level improves a car’s performance in terms of speed, resource efficiency, and other factors.
Last but not least, players in the games can create content to sell to other players. As a result, even a player with no prior experience in blockchain or cryptocurrency can create a profitable economic circle.