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Since the original idea for Penguin Karts was born, a lot has changed. It is hard to believe that something as simple and nostalgic could lead to the creation of a blockchain-based project.
Today, we wanted to highlight what we believe makes Penguin Karts special and (if you’ll excuse the pun) how it really drives forward the blockchain gaming scene.
The Game
For those who don’t know, Penguin Karts is a 3-D, immersive game of battle-racing built on blockchain. It takes the arcade-style racing of karts and adds NFT dynamics and a Pay-to-Earn program.
Here’s what that means for you, as the player: you Race Up to eight opponentsA selection of tracks are available. You can earnThere are prizes NFTsThis can be Use in gamingYou can use these skins to decorate your character or kart. Sold For Profit.

Also, there are Leaderboards You have to compete with Tournaments You can participate and even winSystem of wageringYou can try to predict how races will end. Start small or go all in – the wager system offers a high risk, high reward sort-of scenario, if that’s what you are after.
That’s great and all, but one element that we really wanted to highlight is how it Newcomers will find the cryptocurrency market easier to access. It’s a good way to learn more about the cryptocurrency scene. But blockchain games can be a fun and exciting way to play. fun, addictive and universally-accessible gameplay of kart racing takes it to another level.
This is where another important aspect comes into play – we’re balancing the game to make it suitable for everyone. We follow the mantra of ‘It’s easy to learn, but difficult to master’. Everyone should find it simple to race karts. However, the game will reward skilled competitors who can master them. That’s why the biggest prizes are given out in tournaments for the top three places.
As you can see, there’s a lot to do in Penguin Karts. Now, let’s turn our attention to the blockchain elements.
Player-Friendly Tokenomics
There is an initial supply at $PGK of 2,941,200 USDPGK (1.47%), and it has a hard cap of 200 million US$PGK. With a token price at 0.04$, this means there is an initial market cap of 117.648$. Each token will come pre-minted, and each one of them will have a different vesting plan. As more are released into circulation, the remaining 200 million tokens can be re-issued slowly. Additional tokens won’t be made. This is $PGK. Not subject to inflation For more information, we recommend that you read our whitepaper.
The platform offers captivating gameplay and a user-friendly tokenomics approach. You can take a look at the example of a Healthy 48.53%The remainder of the token stock is reserved for the Play-to-Earn You get both rewards and You can stake rewards. These rewards allow players to play the game immediately and earn play-to earn points.
We built tokenomics to foster a culture of innovation. sustainable economy. Our ecosystem has enough tokens to support the project for two years. We have several ways that tokens can be returned to the Treasury to ensure we continue to pay our stakers and players the rewards they deserve. These are some of the methods:
- Marketplace tax
- There is a wager tax
- Tournament tickets at special prices
- You have the ability to organize tournaments both publically and privately.
- The total prize pool for self-hosted tournaments is subject to a tax
The Marketplace Offers a place for players to Buy and Sell their NFT Assets. Naturally, the medium of exchange for this project is the Penguin Karts token ($PGK), which increases the demand as the token adds an additional use case.

The Team and the Backers
It’s incredibly important, especially in crypto, for successful break-through crypto projects to be backed by a strong team. Penguin Karts is a team of dedicated professionals passionate about games. CEO Tommy Dahlberg, COO Rhiannon “Ri Ri” Fletcher, Business Development Manager Mert and CMO Baz Furby each bring their own strengths to the project, bringing to life the original vision and building an amazing community around the project.
That’s not to mention the significant contribution of the development team and the many partners who are contributing to the game in some way or another.
To top it all off, Penguin Karts has been in hot demand as it builds out its ecosystem of partners ranging from VCs including Black Edge Capital, Fairum Ventures & Cryptology; Key Opinion Leaders such as Krypto Playboy, CryptoFomo & CryptoDaku, and Launch Pads for $PGK token launch event on FantomStarter, TrustPad and KingPad.
Get a seat in our $PGK public rounds for the tokensale by joining our community
Look Forward
The game is still in development and the first playable demo will be released Spring 2022. But don’t worry – there’s still a lot going on and plenty to get involved with, even now.
Recent developments have Completed There were two rounds 2D NFT Minting. These are the Genesis Collection of 10K Penguin Profile Pictures. Each one has a unique trait that makes them different. You can use them on your profile, across all your social media channels and for potential earning opportunities. Beta access will also be available to holders.
It was an all-inclusive giveaway. Participants had to pay only for gas. It was ultimately a success – but this is just the beginning. It is planned to release several other NFTs in the near future.
These are just a few of the many 3D NFTs. They come in the form of kart skins and characters. You can let your Penguin express yourself in the Penguin Karts Metaverse.
Closed Beta Access available before the general public Redeem your Rewards
Beta testers who connected their web3 wallets will start to collect $PGK rewards from the beginning. Rewards are built into the game with racers finishing more races.
Beta users who sign up early will get $PGK as rewards. They can then stake their shares on Penguin Karts’ site or trade them on DEX markets.
We believe that the community is crucial to the success and growth of this project. Therefore, before launch we offer early beta access for anyone holding one of our NFTs, or a Discord member.
This press release is for informational purposes only. Before taking action regarding the company, its affiliates or related services, readers should conduct their own research. Bitcoin.com cannot be held responsible for any loss or damage caused, directly or indirectly by, the use or reliance of any content, goods and services mentioned in the press releases.
Image creditShutterstock. Pixabay. Wiki Commons
