Connect with us
Active Currencies 13533
Market Cap $2,787,779,104,395.00
Bitcoin Share 49.98%
24h Market Cap Change $2.31

IOI gaming platform applying NFT family starts the token public sale soon

3min Read

Share this article

IOI corporation, a blockchain game developer, is announcing the launch of their public DEX token offering (IDO) coming soon.

IOI is behind the blockchain solution for gamers, traders, and crypto enthusiasts named Trade Race Manager. The ecosystem is powered by DeFi and NFTs featured with one token economy.

Trade Race Manager is a player vs player game bringing unlimited rewards and play-to-earn mechanics. The core gameplay is based on collecting, using, and trading non-fungible tokens while enjoying the trading.

This platform got already soft-launched in 2020. The game got rewarded as Nr.1 game on Tron blockchain by daily users on dappstats.io. Now it is going to be upgraded with 3D model NFT cars and will be running on the scalable blockchain network Polygon (Matic).

Get ready for the IDO together with the major release of TRADE RACE MANAGER in 3D!

Source: Deepak Yadav

One of the biggest challenges for any crypto project is to create a real utility for their underlying tokens or assets. 

As we’ve all seen over the years, many projects launch without a product, as well as tokens without a use-case. IOI team has been developing an NFT family that will represent more than collectibles or gaming items.

Players need to own NFT cars to participate in races and predict the best-performing portfolio of cryptocurrencies to start the race. There are races with different time frames and rewards. The one with the highest performance score is the winner. Even if the player does not win, they get daily staking rewards for holding NFTs. The more cars you hold, the more rewards you get. The structure is going to be as follows:

  • NFT cars
  • NFT team station
  • NFT tracks

The NFT cars in four editions are limited to 200 000 pieces and have the following features:play the trading game  

  • stake NFTs to receive daily rewards
  • unlock a rare car to double your staking rewards and garage value
  • access to different platform features 
  • farming possibilities in the future
  • sell on the credible marketplace
  • cross-chain gaming
  • hold the NFTs as a collectibles

The NFTs will be available exclusively on the Arkane marketplace at pre-sale prices. Arkane will allow users to buy IOI NFTs via Paypal. Otherwise, they will be available to buy on our platform using cryptocurrencies.

Apart from the car NFTs, there will be also available the Team Station. Players can benefit from every member they invite to the team and profit from the future price appreciation.

As the final step in the NFTs journey, there will be the possibility to buy the complete track. The owner will get a 3 % from every race turnover hence the rewards will grow with the increasing volume.

Shortly after the offering, date to be announced, a Uniswap pool will be created, and exchanging of the token can commence.

The total supply will be 100,000,000 IOI tokens and starting only with 2,450,000 IOI tokens (2,45%) in the initial circulation.

For anyone interested in the Trade Race Manager and public sale follows them on their website or social media as

Twitter

Instagram 

Telegram.

Disclaimer: This is a paid post and should not be considered as news/advice.

Share

A Biomedical engineering graduate, Yash focuses on UK and Indian markets. As a crypto-journalist, his interests lie in blockchain technology adoption across emerging economies.
Read the best crypto stories of the day in less than 5 minutes
Subscribe to get it daily in your inbox.
Please check the format of your first name and/or email address.

Thank you for subscribing to Unhashed.