Dragon Kart Raises $1.1 Million For 3D Play-to-Earn Battle Racing Game

Dragon Kart, an modern 3D play-to-earn battle racing sport constructed on Binance Smart Chain (BSC), has introduced the profitable closing of an oversubscribed $1.1 million funding spherical. The increase was led by Bigcoin Capital and LuaVentures, with participation from TomoChain, Signum Capital, NGC Ventures, Shima Capital, AU21, Kardia Ventures, LaunchZone, VBC Ventures, BSC Station and particular person traders from Digital Strategies and Everse Capital.

Dragon Kart combines interactive gameplay with DeFi and NFTs to provide customers a free, enjoyable, and skill-based alternative at incomes rewards for their efficiency. Dragon Kart’s gameplay consists of racing battles together with PvC, PvP, and tournaments. The characters within the sport are taken from a Pikalong comedian collection by well-known Vietnamese artist Thang Fly, who boasts a powerful 1.4 million followers on Facebook. Pikalong is a staple in Vietnamese tradition, having been learn by tens of millions of households and now being entrance and middle in Dragon Kart.

The firm’s native token, $KART, can be constructed on BSC and be used for all DeFi actions reminiscent of staking, farming, and lending. $KART tokens are used because the cost gas for all transactions on the NFT Marketplace. For token holders with an rising quantity of locked tokens, they will profit from a  greater ranking/rating to open worthwhile NFTs. In the longer term, the platform will cost gamers with $KART tokens for NFT renting providers. BSC will assist customers save on charges and assist improve the general in-game expertise. The sport will even flip property, reminiscent of Kart Cars, characters, and weapons, into NFTs – whereas providing a market for customers to purchase, promote, and swap objects.

Dragon Kart’s CEO Pham Van Phuong says, “We are excited to have the support of an amazing group of investors that will help share Dragon Kart’s vision with gaming communities around the world. Dragon Kart looks to inspire an innovative experience for gamers and traders looking to earn rewards and have fun at the same time.”

Dragon Kart workforce brings over a decade of expertise as builders, entrepreneurs, blockchain specialists, and avid gamers. The workforce’s advisory board consists of main blockchain professionals reminiscent of Long Vuong (TomoChain), The Nang (LuaVentures) Thanh Dao (LaunchZone), Kyle Nguyen (VBC Ventures), and Logan (LaunchZone).

Dragon Kart’s MVP is presently out there, giving customers an opportunity to check the non-public demo by becoming a member of Dragon Kart’s social channels. Dragon Kart will quickly be saying extra particulars about their upcoming IDO and public sale rounds. More data could be discovered on the corporate’s official Telegram channel and website.

Source: NewsBTC.com

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