After gathering feedback from the community and our advisors, we have made some changes to the game mechanics and tokenomics of CryptoCarz. The first generation of cars will be called the Foundation Series and they have unique characteristics that will not be available in future models. We also have introduced a fungible ERC20 token called NOS, which will be given out free of charge. It will be airdropped to presale buyers and to players performing tasks inside the game. NOS has several use cases inside the game, more below.
CARZ: ERC721 NFT cars
The Foundation Series is composed by 20 car models divided into 4 classes. Each car has different and unique characteristics. Cars in A Class are rarer and have better performance. Rarity and performance is then in scaled descending order from B to D. …
Blockchain Studios, the development team behind the CrypoCarz game, has signed up as member of blockchain incubator LongHash. LongHash is at the forefront of blockchain project development and consultancy, with a particular focus on Asia. The LongHash team in Singapore, led by Emma Cui, will work directly with Daniele Sileri, Founder and CEO, and the broader Blockchain Studios team.
LongHash will be an important partner for Blockchain Studios as we move further along our product roadmap. Their mission is to accelerate the development and understanding of blockchain technology with in-house expertise in tokenomics and technical delivery and verification that will help as we work towards critical gaming milestones.
The process of invention with CryptoCarz was largely driven by inspiration: what are the possibilities with non-fungible tokens (NFTs); has anyone thought about the options for gamers with smart contracts beyond buying and selling items? Our development has been focused on our areas of domain expertise — game design, VR design and modelling, and blockchain coding. With Nifty Hong Kong, the first summit focused on NFTs and gaming, hosting a hackathon, the chance to bring all our development tracks together in real-time was a critical opportunity for the whole team.
One of the key instigators — and sponsors — of the Nifty conference was Decentraland, the most known decentralised virtual reality platform. Their virtual reality real estate presented a chance to put our NFT-based cars to the test — could we render cars, link them with a system of smart contracts and race them? This is the promise we’ve made to our community and partners since the launch of CryptoCarz. Now we could show that it worked, and, more importantly, that it was awesome. …