How to Earn on NFT Racing Game King Speed

The latest game to take the play-to-earn space by storm is King Speed, a blockchain racing game where players use NFT cars and equipment.

The concept of King Speed is based on a future of extreme weather conditions. Its race tournaments are held for players to compete to find the most fuel-efficient cars that can tackle different weather conditions and terrains.

Players can collect rare gaming items as NFTs. These can include cars, drivers, tracks, and modifications that can be used in the tournaments to earn rewards.

Racers can level up through daily activities and matches where they are pitched against other players. King Speed has four primary features, ownership of in-game collectibles, and collection of rewards and loot boxes. Additionally, there are multiple race modes and even staking and governance options with its native token, KSC.

Racing for Earnings

There are six ways that players can earn money on King Speed:

1 – Daily Quest
There are different quests each day where players can enter on that day to earn rewards.

2 – Time Trials
No racing game would be complete without time trials. Players can hone their driving skills in time trials, and performance and scores will be compared with other players. Furthermore, the highest-ranked players will be awarded and be added to the leaderboards.

3 – PvP Multiplayer
The PvP (player-versus-player) mode will split players into multiple tiers. Also, tiers will be in groups of eight players that will race against each other. At the end of the season, top players will get promoted while the losers drop down a tier. Rewards will be allocated to the winners.

4 – 1v1 Race
As simple as it gets, driver-versus-driver in a winner-takes-all race with each pledging the same amount of KSC tokens.

5 – The Prediction System
Players can make predictions before races by pledging tokens based on their car’s specifications. Furthermore, the winner will be the player with the best-predicted placement at the end of the race.

6 – The Renting System
Players with NFT collectibles can rent them out to other players for additional earnings. Additionally, this system helps those that want to experience the upgrades without having to purchase them.

KSC Token Outlook

King Speed’s native token has actually taken a hit on the day, dropping 10% at the time of writing. CoinGecko reports that KSC is trading at $0.147 at the moment.

Earlier, the token hit an all-time high of $0.260 when it was launched on December 6 but is down 43.6% from those levels. It had an IDO price of $0.05, so is still in profit for early investors.

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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 KingSpeed. Copyright Altcoin Buzz Pte Ltd.

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