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About CryptoCars
Key Points
- CryptoCars is a car-themed play-to-earn game on the Binance Smart Chain (BSC).
- Developed by a team of 7 Vietnamese developers led by Ly Tran (CEO) and An Nguyen (CTO).
- Unique features: various racing modes, car upgrading and trading, and virtual real estate (car workshops).
- CCAR is the in-game currency, with a total supply of 1 billion.
- CCAR can be used for in-game payments, rewards, and staking.
- CryptoCars is built on BigchainDB, with near-instantaneous confirmation times and no transaction fees.
- CC
Introducing CryptoCars: Revolutionizing the Automotive Industry
Introducing CryptoCars (CCAR): A Revolutionary Concept
CryptoCars is a captivating car-themed play-to-earn game built on the Binance Smart Chain (BSC), drawing inspiration from the beloved 2006 animated Pixar movie
Cars
. With a primary focus on male gamers, this immersive experience offers a diverse range of racing modes, including a virtual racing simulator, player-versus-computer racing, and player-versus-player racing. Additionally, players can upgrade and trade cars on the game’s marketplace, earning experience points and CCAR, the in-game currency. Moreover, players with substantial capital can acquire a car workshop, a unique virtual real estate represented by an NFT, which enables them to generate CCAR through various workshop services, including refueling and staking.
The Visionaries Behind CryptoCars: Meet the Founders
CryptoCars was conceived by a team of visionary Vietnamese developers, spearheaded by Ly Tran, CEO, and An Nguyen, CTO. Holding a degree in computer science from Ho Chi Minh Bach Khoa University, class of 2015, Mr. Tran brings a wealth of experience as a full-stack web and mobile app developer to the table, prior to embarking on the CryptoCars venture. Meanwhile, Mr. Nguyen, a fellow computer science alumnus, boasts an impressive background in mobile app development, with expertise spanning iOS, Android, and BlackBerry platforms.
In total, a team of seven individuals has been diligently developing CrypoCars since the spring of 2021. Looking ahead, the team envisions integrating CryptoCars with its sister project, CryptoPlanes, in the future.
Unveiling the Unparalleled Aspects of CryptoCars
CryptoCars pioneers the play-to-earn gaming landscape with its inaugural racing-based experience, boasting a diverse array of captivating gameplay modes.
In the immersive realm of Virtual Racing, players are invited to engage in a captivating racing simulator, where they can compete against randomly assigned vehicles. The higher a player’s ranking in the randomly generated race results, the more experience points they will accrue. To bypass the 30-second waiting period for the results, players have the option to pay a nominal fee of 1 CCAR. Participation in each race necessitates an expenditure of 15 fuel units.
In PvC Racing, competitors engage in high-stakes battles against computer-controlled adversaries, with the potential to reap a maximum reward of 10 CCAR for emerging victorious in a race. Notably, each turn necessitates an expenditure of 15 fuel, mirroring the dynamics of Virtual Racing.
Ultimately, the forthcoming PvP Racing feature will enable players to engage in exhilarating competitions against other users, with options to participate in races comprising 2, 5, or 10 players.
To participate in the competition, players must acquire a mystery box at a cost of 600 CCAR, which includes a 20 CCAR registration fee for a number plate and a five-day fuel supply. Each vehicle is a unique BEP-721 NFT, offering players the opportunity to purchase a car with the highest rarity. Furthermore, players can merge two common or classic cars to create a legendary car, thereby enabling them to participate in more races per day and utilize it in the sister game CryptoPlanes for aerial battles against planes.
Ultimately, CryptoCars presents the opportunity to acquire a car workshop, where players can stake vehicles, rent them out, refuel, and even customize their car’s color. These workshops serve as a lucrative fundraising mechanism, given their substantial cost. For example, the Bangkok Workshop was auctioned off for a staggering 591,000 CCAR. In total, the game features 20 car workshops, with their respective owners receiving a proportion of the staking rewards and revenue generated from car-related services.
What Is the Circulating Supply of CryptoCars (CCAR) Coins?
CCAR, the game’s utility token, serves as a versatile medium of exchange for in-game transactions and a coveted reward for participants in tournaments and missions. Additionally, players can reap rewards through CCAR staking. The total supply of CCAR is capped at 1 billion, allocated as follows:
- Rewards (47%):
- Liquidity Provision (4%): Unlocked at a rate of 10% per month
- Platform Development (8%): Unlocked at a rate of 5% per month
- Marketing and Promotion (6%): Unlocked at a rate of 5% per month
- Airdrop Allocation (1%): Unlocked at a rate of 10% per month
- Team and Operations (12%): Unlocked at a rate of 4% per month
- Advisory Board (10%): Locked for a period of 10 months
- Public Token Sale (8%)
- Private Presale (4%)
The CryptoCars Network: A Fortress of Security
CryptoCars is built upon BigchainDB, a sidechain that enables the team to operate CryptoCars with near-instant confirmation times and without incurring transaction fees. Notably, esteemed companies and blockchains, including Toyota, Microsoft, and Polkadot, also leverage BigchainDB. Furthermore, players utilize a token bridge, ingeniously crafted by CryptoCars, to seamlessly bridge their assets from Binance Smart Chain to BigchainDB.
CCAR is a BEP-20 token situated on the Binance Smart Chain, a blockchain network secured by a proof-of-stake consensus mechanism. Every 24 hours, a cohort of 21 validators is elected to validate transactions and ensure the integrity of the blockchain. To be eligible for this role, these validators must stake a predetermined amount of BNB coins with Binance.
Acquiring CryptoCars (CCAR): A Comprehensive Guide to Exchanges and Marketplaces
CCAR is proudly listed on esteemed cryptocurrency exchanges, including PancakeSwap (V2), Gate.io, ZT, LBank, and AOFEX, ensuring widespread accessibility and trading convenience.
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