CryptoCarz: a new level of the virtual racing platform on the blockchain

The cryptocurrency world has penetrated into many everyday spheres and has embraced both the usual domestic and social sectors, as well as financial and production sectors. And of course the entertainment sphere was covered - recently there were many games on the blockchain, among which CryptoKitties, UnicornGo, Pandarium, and many others. The developers of CryptoCarz decided to implement an interesting idea: to create a virtual racing platform bringing together the world of supercars and the world of blockchain.

The creators of the game are trying to combine several innovative areas: gaming, electronic sports, blockchain technology, and virtual reality. The gaming community is fascinated by the ideology of the blockchain and cryptocurrency which makes it possible to create an exciting virtual racing world that will be managed and supported by a new class of smart contracts.

Nick Tomano, product manager of Coinbase and founder of 1Confitmation, believes that the combination of three components – competitive gameplay, a professional gaming community, and a unique digital art – is the "Holy Grail" of the digital world. The transition to the NFT framework will ensure high liquidity of digital assets in the market. Digital ownership will not be tied to a specific account or platform that can be compromised, but can be freely distributed, sold or exchanged for other types of assets.

Statista.com estimated the electronic sports goods market at $ 650 million and 350 million users in terms of last year's figures. Most of the proceeds come from sales of electronic sports goods and game items. It is expected that by 2021 this market will exceed $ 1.6 billion, and the number of viewers will increase to 550 million.

CryptoCarz is a full-fledged multiplayer racing simulator on the blockchain which has a well-developed virtual world, high-quality detailed graphics, and a thoughtful economy. Users will be able to buy and sell cars, store in the garage, whose role will be performed by Ethereum wallet, tuning and styling supercars in the personal garage, a wide choice of exciting virtual trails and racing competitions. You can buy supercars through the CryptoCarz website with the help of many popular cryptocurrencies (Bitcoin, Ethereum, Ripple, Monero, EOS, NEO, etc.), and to participate in the race you will need to confirm ownership. Later developers will add a function for selling and sharing cars with other users.

The platform will introduce legendary and popular auto brands, the release of each series will be strictly limited to a smart contract - no more than 650 units. Among the available supercars are such famous models as Toyota FT 86 in various trim levels, Bugatti Veyron, Volkswagen Battle Dune and Golf GTI, Tesla Model X, and others. Also, there will be presented exclusive brands of supercars - Vanda and Racing Car - which will be evaluated much higher than other models of cars. The peculiarity of these models is that they are available only in the virtual world and do not have any real prototypes.

To create collectable supercars and simulate a virtual game space developers use the best 3D tools including their own Unreal Engine assembly.

To participate in the race users must confirm ownership of the car which is modeled and stored as tokens in the game purse. Then the car can be loaded into the game by integrating with MetaMask or using other tools.

NFT is a new ERC-721 standard token released on the blockchain Ethereum. NFT tokens serve to confirm ownership for all assets of the CryptoCarz game in the database of the blockchain.

People collected valuable coins and paintings, as well as other art objects. The transition to ownership of digital assets with proof of ownership is also adapting to the gaming industry. The new ERC-721 standard allows users to independently identify, modify, and manage digital assets, and to evaluate and collect tokens as unique items. CryptoCarz became one of the first companies to make the transition from real assets to digital ownership and followed in the footsteps of the crypto-collection game CryptoKitties.

The details of the crowd sale and the exact dates are not announced at the moment. However, the developers announced that they will conduct a new format TGE, unlike previous ones.

CryptoCarz offers an innovative solution in the gaming platform market and has chance of success combining effective technologies and rich experience of the gaming community. Users will be able to create their own unique supercars and their modifications which will be released in a limited edition. This will ensure the growth of the cost of supercars in the future.

The platform will be interesting both for gamers interested in racing and participation in tournaments and for investors who want to invest in the evolving market of electronic sports and virtual reality technology.

To learn more about the details of this project visit the official website https://www.cryptocarz.io/ and read the whitepaper: https://www.cryptocarz.io/assets/docs/CryptoCarz_WP.pdf

The official group in Telegram: https://t.me/cryptocarz

Also, you can find a lot of useful information on the bitcointalk forum (ANN thread): https://bitcointalk.org/index.php?topic=3405109.0