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Kart Racing League Set to Launch Ultra-Rare NFT Marketplace in Competition with Axie Infinity

Thursday, 30 September 2021 10:25 AM

NEW YORK, NY / ACCESSWIRE / September 30, 2021 / Kart Racing League, a 3D play-to-earn cryptocurrency game is rapidly rising in popularity, with much of their buzz pertaining to their new NFT marketplace.

SSG Management, Thursday, September 30, 2021, Press release picture

The game uses 3D NFTs to uniquely identify characters. Players spend real money to acquire those characters and compete online in matches where the winners get rewarded in the $KRL cryptocurrency. They can level up these NFT characters and sell them to other players, and that generates additional income for the owners.

Kart Racing League users are also able to borrow and lend their NFTs at will, meaning that if you don't own an NFT, you can rent one on a weekly basis from someone else. This also means that the owners of the NFTs can benefit from passive income by loaning out their digital Racers.

Kart Racing League's primary function is as a game, not an NFT collection. Despite that, KRL has managed to gain significant interest in its NFT collectibles, comparable to CryptoPunks, Art Blocks, and NBA Top Shot.

The KRL NFT marketplace launched yesterday and the team has released a limited first batch of their NFTs, with only 1000 in total. These 3D characters are required to play Kart Racing League.

These unique fully-rigged 3D amphibian NFTs already have significant demand, from both gamers and NFT enthusiasts alike. While Kart Racing League already has immensely engaging gameplay, gamers will also flock to play because they can earn real money as a reward. This will enable tens of thousands of individuals in developing countries to earn a living while working from home -- something that is needed given the economic turmoil following the COVID-19 pandemic. On the other hand, NFT enthusiasts will likely speculate on the value of the Racer NFT characters, since they possess utility alongside their impressive, distinct 3D designs.

CONTACT:
Blue Monster Games
[email protected]
(302) 314-0052

SOURCE: SSG Management

Topic:
Product Announcements
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