The month of October has been an exciting one for TomoChain. The proof-of-stake (PoS) blockchain technology platform also recently announced a strategic partnership with 3D racing e-sport game Dragon Kart.
This partnership with TomoChain is expected to expand not just Dragon Kart but the entire blockchain gaming ecosystem. Dragon Kart is a 3D racing game embedded with both play-to-earn and free-to-play mechanisms.
The partnership with the e-sports platform is a clear pointer to TomoChain’s interest in the blockchain gaming and NFT space. According to the official blog post, the PoS blockchain platform will support the e-sports platform with tech, finance, and community development tips. Interestingly, Long Vuong, the founder and CEO of TomoChain Lab, will also serve as an advisor to the e-sports platform. He will employ his wealth of wisdom to provide valuable information to the Dragon Kart team.
Apart from providing Dragon Kart with development tips, TomoChain has also invested in the e-sports platform. A move that shows that the PoS blockchain platform strongly believes in what the e-sports platform is looking to achieve. TomoChain made this investment using its LuaVentures platform. LuaVentures is the venture capital arm of TomoChain Labs. It is tasked with searching out upcoming blockchain projects with huge potential.
The PoS blockchain platform will help to increase awareness for the e-sports platform. Thus, helping to increase its user base. TomoChain will also assist Dragon Kart in its NFT sale campaign event.
Dragon Kart IDO on LuaStarter
Dragon Kart has also disclosed plans to launch an IDO. The IDO will take place on TomoChain’s LuaStarter platform. Built on both TomoChain and Ethereum, LuaStarter helps raise capital for blockchain projects. While also providing a transparent and convenient investment environment for interested investors.
The CEO of the 3D gaming platform spoke highly of the partnership with TomoChain. Pointing out that TomoChain will help propel the e-sports platform to new heights. Also, the partnership will help Dragon Kart “[…] to easily access and expand more in the crypto space.” Working together, the gaming platform and TomoChain “[…] will bring their expertise and user base in Blockchain and GameFi to people with the entertainment and crypto earning capabilities.”
TomoChain is also elated by the prospects of working with Dragon Kart. The e-sports platform’s Art Concept Lead, Bui Dinh Thang (Thang Fly), is also well-known for his “Pikalong” comics character. He also boasts of millions of followers on social media networks. Plans are also in place to incorporate the e-sports platform’s collectibles and game characters on the TomoChain blockchain.
About the Two Platforms
TomoChain (TOMO) is well-known as a top-notch, PoS, and scalable blockchain network. It also boasts of fast transaction speed, zero gas fees, and EVM compatibility.
Dragon Kart, on the other hand, is a 3D racing game with play-to-earn and free-to-play features. Characters in the game are also from the Pokalong series by Thang Fly.
TOMO Price
At the time of publication, TomoChain was trading at $2.36, with a market cap of $204,273,889 and a 24-hour trading volume of $4,411,148. The token price is also down by 1.4% in the last 24 hours.
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Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by TomoChain. Copyright Altcoin Buzz Pte Ltd.
