• Bitcoin
  • Blockchain
  • Crypto
  • Metaverse
  • AltCoins
  • Business
  • Investment
  • Upcoming
What's Hot

Texas House Introduces Bill To Boost Local Bitcoin Economy And Protect Rights Of Individual BTC Ownership

March 22, 2023

Bitwise Asset Management Announces New Exchange Traded Fund Aimed At Long-Term Bitcoin ETF Investors

March 22, 2023

Wasabi Wallet Releases Version 2.0.3, Adding Back Coin Control Amongst Other Updates

March 21, 2023
Facebook Twitter Instagram
  • Bitcoin

    Texas House Introduces Bill To Boost Local Bitcoin Economy And Protect Rights Of Individual BTC Ownership

    March 22, 2023

    Bitwise Asset Management Announces New Exchange Traded Fund Aimed At Long-Term Bitcoin ETF Investors

    March 22, 2023

    Wasabi Wallet Releases Version 2.0.3, Adding Back Coin Control Amongst Other Updates

    March 21, 2023

    Seeking Freedom, Bitcoiners Should Consider Second Passports

    March 21, 2023

    RedeemGBTC Campaign To Host Shareholders Meetup At Miami Bitcoin Conference

    March 21, 2023
  • Blockchain

    BlockJoy raises $12M to help cut operating costs for businesses running blockchain nodes • TechCrunch

    February 2, 2023

    Blockchain Futurist Conference — Canada’s biggest crypto conference returns for fifth year

    February 2, 2023

    WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse

    February 2, 2023

    Will Polkadot’s [DOT] new parachain fix the blockchain?

    February 1, 2023

    BNB Chain Unveils 3rd Blockchain in BNB Ecosystem, Tether ‘Never Borrowed from Celsius’, Ripple Sold $226M Worth of XRP in Q4

    February 1, 2023
  • Crypto

    Crypto Donations Now Need An Appraisal

    February 2, 2023

    Bitcoin Shrugs Off Fed Rate Hike to Hit Six-Month High

    February 2, 2023

    Stock and Share Market News, Economy and Finance News, Sensex, Nifty, Global Market, NSE, BSE Live IPO News

    February 2, 2023

    Yates County cryptocurrency miner completes debt restructuring deal

    February 1, 2023

    How ‘King of Instagram’ Dan Bilzerian ‘made millions’ from cryptocurrency after bizarre poker deal

    February 1, 2023
  • Metaverse

    Facebook’s Metaverse Division Lost Nearly $14 Billion Dollars Last Year

    February 2, 2023

    Samsung Hints Metaverse Ambitions At Product Launch Event, Eyes Integrating Different Realities Into Premium Smartphones

    February 2, 2023

    Sanlam makes history with SA’s first media launch in the metaverse

    February 2, 2023

    Meta’s plans to expand metaverse are up and running again: Here’ how

    February 2, 2023

    RFOX VALT Launches AI-Enabled Metaverse Apartments for Sale

    February 1, 2023
  • AltCoins

    Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases

    February 2, 2023

    CAKE, SHIB And These Alt-Coins Are Trending

    February 2, 2023

    Elon Musk Wants McDonald’s to Accept Crypto Payments. Dogecoin (DOGE), Bitcoin (BTC), and Snowfall Protocol (SNW) Benefit

    February 2, 2023

    Crypto Analysts are Saying These Altcoins Have Huge Potential – Here’s Why

    February 2, 2023

    Are Cryptos Bound to Retrace Amid Recent Pump?

    February 1, 2023
  • Business

    Ray Dalio Warns Money Is in Jeopardy, Favors Inflation-Linked Crypto

    February 2, 2023

    BIT Mining Limited Regains Compliance with NYSE Continued Listing Standards

    February 2, 2023

    Bithumb’s de facto owner arrested over alleged embezzlement

    February 2, 2023

    Crypto Custody Firm Copper Alerted to Security ‘Incident’ Over Christmas

    February 1, 2023

    Cathie Wood’s Ark Invest Says Bitcoin Could Hit $1.5 Million by 2030

    February 1, 2023
  • Investment

    The Investor’s Guide to Crypto Options Trading

    February 2, 2023

    Pune software engineer loses Rs 13 lakh to crypto investment fraud

    February 2, 2023

    Crypto Investment Products’ AUM Surges as Investor Confidence Returns: CryptoCompare Report

    February 2, 2023

    Crypto Investors Can Purchase Bankruptcy Put Options to Protect Funds on Binance, Coinbase, Kraken Crypto Exchanges

    February 1, 2023

    Ethereum price forecast for February, including Morgan Stanley comments By Investing.com

    February 1, 2023
  • Upcoming

    S&P 500 rises to the highest level in five months Thursday as Meta leads a tech comeback

    February 2, 2023

    Looking For Something Different From Nubank and C6 Bank? Try Lanistar! – Sponsored Content

    February 2, 2023

    NYDFS Releases Guidance For BitLicensees And Limited Purpose Trust Companies On Asset Custody In The Wake Of Cryptocurrency Insolvencies – Financial Services

    February 2, 2023

    This Supreme Court Case Will Reverberate Throughout the Compliance and ESG World | NAVEX

    February 2, 2023

    Ethereum (ETH) Could Reclaim $2,000, Trader Says

    February 1, 2023
investorstoday.press
investorstoday.press
Home»Metaverse»This animal racing game opens new utility for NFT collectors
Metaverse

This animal racing game opens new utility for NFT collectors

maikdezana@icloud.comBy maikdezana@icloud.comJanuary 21, 2023No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Bridging the gap between the NFT and blockchain gaming spaces has been a persistent challenge for crypto enthusiasts and developers alike. Major NFT collections try to integrate utility and bring benefits to their holders. However, building a full-fledged game often lies outside of the budget capabilities for such projects.

On the other hand, collectibles from gaming projects rarely reach the popularity and valuation that blue chip NFTs have. So the question remains: How can NFT collectors use their digital assets in other Web3 projects, specifically, active gaming platforms? One project has found the solution and is already attracting a solid user base.

NFT collections get into the race

PetaRush is an ambitious racing game project that uses NFTs to represent the playable characters on the platform. The project has already successfully sold out both its whitelist and public sale as interest in the platform soars.

What is more impressive, however, is that PetaRush has created a platform that allows users to integrate popular NFT collections outside of the game ecosystem. For example, PhantaBear holders have the chance to use their Bear NFTs in the game and race them in competition with PetaRush characters. The team behind the game is constantly working on bringing more NFT integrations to the game.

The ability to add a new layer of utility to NFT collections gives PetaRush a competitive advantage over other racing games in the blockchain industry. Not only that, the game has the potential to attract users who wouldn’t traditionally venture into Web3 gaming. To top it all off, this innovative project is looking to welcome everyone to the blockchain gaming space — even users who are not part of the crypto ecosystem yet.

Image_0

Opening up the Web3 space to all

Aside from targeting NFT collectors and giving them an additional layer of utility, PetaRush has another important mission. One of the biggest challenges standing before the blockchain gaming space is attracting a mainstream audience. To help tackle that challenge, PetaRush has opted to open up its platform to any and all users.

Players are not required to own an NFT or even a crypto wallet to start playing the game. As gamers advance throughout the game, they win rewards, which could lead to whitelist spots and even NFTs. However, players do not have to fork over anything to start enjoying the Mars-themed racing tracks.

Combined with the multi-IP focus of the platform, PetaRush is positioned to redefine the Web3 space. Taking the most sought-after NFTs and bridging this into blockchain gaming while opening the ecosystem up to users who are entirely new to crypto is a step in the right direction for the popularization of Web3 games.

NFTs and gaming come together

The NFT space boomed with popularity in 2022, attracting a lot of mainstream coverage. In the meantime, the gaming space generated more than half of all blockchain activity toward the end of the year. 

As these two sectors merge together to form the next generation of Web3 projects, more and more users will flock to the crypto space. While the economic climate may not be favorable, the end of crypto winter can come from the rise of Web3 projects that bring utility to mainstream users and crypto enthusiasts.

Those wanting to learn more about PetaRush and its latest NFT integrations can check out the game on the site. PetaRush is currently in its second round of beta tests, and the game is open to all for free.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
maikdezana@icloud.com
  • Website

Related Posts

Facebook’s Metaverse Division Lost Nearly $14 Billion Dollars Last Year

February 2, 2023

Samsung Hints Metaverse Ambitions At Product Launch Event, Eyes Integrating Different Realities Into Premium Smartphones

February 2, 2023

Sanlam makes history with SA’s first media launch in the metaverse

February 2, 2023

Meta’s plans to expand metaverse are up and running again: Here’ how

February 2, 2023
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Subscribe to Updates

Get the latest crypto news

Advertisement
Demo
Top Insights

Texas House Introduces Bill To Boost Local Bitcoin Economy And Protect Rights Of Individual BTC Ownership

March 22, 2023

Bitwise Asset Management Announces New Exchange Traded Fund Aimed At Long-Term Bitcoin ETF Investors

March 22, 2023

Wasabi Wallet Releases Version 2.0.3, Adding Back Coin Control Amongst Other Updates

March 21, 2023
Get Informed

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Categories
  • AltCoins (1,399)
  • Bitcoin (1,517)
  • Blockchain (1,384)
  • Business (1,378)
  • Crypto (1,365)
  • Investment (1,383)
  • Metaverse (1,361)
  • Upcoming (1,319)
Facebook Instagram
  • Contact Us
  • privacy policy
  • about us
© 2023 Designed by investorstoday.

Type above and press Enter to search. Press Esc to cancel.