According to DappRadar, 4 of the Top 10 NFT games are built on the Binance Smart Chain. These crypto games represent more than USD 2.6 billion in balance and more than 480,000 users playing them.
As you can see, the Binance Smart Chain is one of the essential blockchains where developers can benefit their games with fast and very cheap transactions. Therefore, King Speed was built there to take advantage of them. But, what makes this NFT game different from others? How can you start earning money in this game? In this article, you will discover a full review of King Speed and how you can participate in its IDO in three launchpads.
What is King Speed?
King Speed is a free-to-earn and play-to-earn game that gives users the ability to claim and use NFTs from the beginning. Here is an introduction video:
Therefore, players may gather rare and unique NFTs like Cars, Drivers, Gears, and Land Tracks in the blockchain-based racing game. As a result, players may receive rewards by using their collections by competing in races.
Moreover, here is the most critical features of King Speed:
a. Own Collectibles: As NFT, you may create your vehicles, characters, gears, and land tracks.
b.Ā Multiple Race Modes: The game include time trial, multiplayer race, 1-1 race mode, and tournament modes are all available.
c.Ā Collect Rewards & Loot-boxes: In the game, players may gather various valuable gifts and loot boxes.
d. Staking & Governance: Users can obtain the right to vote. You must first earn a stake and then hold the King Speed’s native token, $KSC.
On the other hand, each card is a unique NFT with different characteristics like speed, acceleration, handling, and durability. For example, the legendary Flash has a fantastic collection of 800 units.
šKINGSPEED'S CARS COLLECTIONš
Introduce to you 2 cars model from KingSpeed
š Flash (Legendary Class)
š Tsunami (Epic Class)
Read more: https://t.co/Fnh5AglrBl#KSC #KingSpeed #NFT_Car_racing_game pic.twitter.com/uAkSvFCOYp— KingSpeed (@kingspeed_io) November 12, 2021
How to Earn Money in King Speed?
In this NFT game platform, users have six different ways to earn $KSC:
- Daily quests.
- Time Trial.
- Multiplayer race.
- 1-1 race.
- Rent your Car.
- Predict the result.
Therefore, there are enough ways to earn $KSC tokens since the start.
Roadmap & Team
According to the roadmap, here are the following milestones planned for the short term:
- Phase 3: December 2021
-
- NFT cars release
- Marketplace
- Staking platform
- Web game release
- Metaverse research
-
- Phase 4: Q1-2022
-
- NFT characters release.
- PvP mode release.
- Prediction system.
- Renting system.
-
Source: King Speed
On the other hand, the team behind King Speed has six members specializing in software engineering, development of blockchain projects, UX and interface design, marketing, among other topics. Finally, the CEO of King Speed, Tuyen Khuc, has more than seven years in software/product management and more than four years working in dApp and blockchain initiatives like CryptoX Ventures.
King Speed Investors & Tokenomics
This NFT gaming platform has leading crypto investors like AU21 Capital, Dutch Crypto Investors, and Kyber Network. Therefore, King Speed has closed a private fund with USD 1.2 million.
šKingSpeed ā an NFT Car Racing Game successfully closed private round with $1.2M
The private round witness the participation from leading venture capital investment firms in the crypto sector.
šDetails: https://t.co/p6y4GpOegD pic.twitter.com/NcnxTiP24G
— Crypto Street (@CryptoSt_news) November 25, 2021
Moreover, the $KSC token can be utilized in a variety of ways:
- Buy specific kinds of collectibles.
- Give users incentives to keep the token to stake and vote in governance votes.
- To make use of NFT automobiles.
- To compete in the 1-1 racing game, you must pay a charge, among others.
Therefore, here is the token distribution of $KSC:
Source: Whitepaper
How to Get Involved in King Speed?
Anyone can participate in King Speed in two ways: Playing the game and holding the $KSC token.
If you want to play it, you can follow these steps:
- Enter to the website.
- Connect your MetaMask wallet.
- Choose your Car and start playing freely!
Here is a screenshot of the first race I had playing it:
Source: King Speed
The game has fun graphics and easy but effective interaction with users. Also, you play it with the arrow keys of your laptop or PC. It’s effortless to play so that anyone can get immersed in it very fast.
On the other hand, you can also participate in King Speed by holding its native token called $KSC. To do it, you can get involved in any of the following launchpads:
- Krystal Go: Date: November 30th.
Nowadays, to participate in Krystal Go IDO, you had to pass through a KYC process before November 30th and apply to the whitelist. They’ve just announced the winners, where each one of them can buy $40 worth of $KSC on phase 2.
2. GameStation: Date: December 1st.
To participate in GameStation IDO, you needed to stake its native token, $GAMER, in a certain quantity to reach any of the four tiers that GameStation has. Nowadays, GameStation has already given the winners of the whitelist.
3. Oxfull: Date: December 2nd and 3rd.
Finally, to participate in the Oxfull IDO, you need to apply to its whitelist by following specific steps. Applicants will be selected at random. Therefore, successful applicants will be eligible to get involved in the 3-tier system.
Note: Only the first and second levels have a guaranteed allocation in the IDO. If you need more information, please go to Oxbull’s Medium channel.
Source: Medium
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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.