The GameFi Craze Hits Solana as RaceFi Prepares For Take-Off

In recent weeks, Metaverse’s GameFi and NFTs have seen a lot of panic as users start to feel the power and potential of blockchain gaming. Most of this recent activity has been concentrated on Binance Smart Chain (BSC) as Ethereum network fees have priced out many of the world’s most loyal gaming communities found across Southeast Asia.

RaceFi, a Vietnamese company that specializes in AI/ML car racing games has been a major investor and partner. Solana is similar to BSC and offers faster transaction speeds for a fraction of Ethereum’s cost. New users can be easily added and transactions in-game are smoother than other options.

Solana enabled RaceFi to seamlessly combine DeFi options and NFTs without any hiccups. RaceFi players are able to control how and when they interact with in-game resources, which can be leveraged for rewards. RaceFi achieves this through combining machine learning, artificial intelligence, and blockchain technology. The AI algorithms used to run their PVP races are developed by skilled developers in house.

There will be two major race options in the game: Pure Race or Battle Race. Pure Race (PvE) mode will let players drive their vehicles and take control of them. To enter a race and compete in it, participants must agree to the Race Conditions. In PvP mode, players will customize their strategic statistics, allowing the game’s AI tech to analyze the winners.

Battle Race is a way for players to upgrade their cars and get a competitive edge. The mode does not have a time limit and there will never be a finish line. Players can race each other, attack one another until the race is over. Similar to battle royales in other games, this mode is similar.

The core experience is about earning while you play. All of the game’s ownable components will be verifiable NFTs. You can get rewards by playing different game modes, and also owning or developing your in-game property.

What’s next for RaceFi?

RaceFi is launching several IDOs within the next weeks. This includes one on Solrazr, which will shortly open its whitelist. Details can be found at this link. On the following day, will take place the second IDO. EnjinStarterYou can find more information here.

RaceFi will be holding a number of community contests before the official launch to enable community members to purchase RaceFi tokens and add value prior to its launch. R-930 Capital has announced strategic partnerships with top investors, including AvStar Capital and idoresearch Ventures.

To stay up to date with RaceFi’s latest updates, keep an eye on their official TwitterTelegram

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