Review Dragon Kart ($KART) – Build the 1st play-to-earn racing battles worldwide

Dragon Kart is a project built with both Free-to-Play and Play-to-Earn mechanisms. The game allows new players to participate in the game with NO fees and earn money from the game. With this mechanism, the project is accessible to all players including both cryptocurrency investors and traditional gamers. So how do earn money in the game?

https://youtu.be/RMGo0Rln3eM

Concept Project – What is Dragon Kart?

Dragon Kart is the 3D battle racing game built on Binance Smart Chain, the characters in the game are taken from a Pikalong series by a Vietnamese well-known artist named Thang Fly. Players can participate in dramatic races, use their superior driving skills to earn money from the victories they win. The gameplay of Dragon Kart is considered as an “arena” of life and death when it requires players to combine their driving skills with the use of individual character skills. In addition, on each track, there will be “mystery boxes” with which participants will be allowed to receive a new weapon to help players gain an advantage and win races.

Outstanding Features

What is the project trying to achieve?

Dragon Kart’s mission is not just to create an export game but a platform game that connects crypto investors with gamers and streamers. These three components will create a sustainable ecosystem that makes gaming, investment, and in-game exchange famous around the world.

To do this, Dragon Kart must fulfill 3 tasks, including:

• Gameplay must be really appealing and entertaining to keep players interested in playing on a daily basis. The game must have useful features that facilitate users’ connection together such as the Metaverse world and the accompanying features of the game. Players have the chance to be connected and interact like a miniature society in the game.
• The system empowers players to be creative by allowing players to buy tracks (maps) to create their own tournaments and reward participants. Organizers can livestream on popular platforms like Facebook/Twitch/YouTube to host great races and can use Kart Coin ($KART) to reward participants and generate income for themselves.
• Investors have a close connection with players. They can be a player and can also be strategic investors to bring good return on investment for themselves. Dragon Kart will assist in providing a DEFI economy on the blockchain helping to make it transparent and convenient. The DeFi system allows players to staking, lending and farming on the assets that investors own.

What is unique selling point?

Free to play

When starting to participate in Dragon Kart, new players will receive a default character and a default racing car to participate in the racing “arena” of Dragon Kart. Each completed race, the player will receive exp to level up, with each certain level, the player will unlock new characters or items to be able to receive (free characters and items cannot be traded on the marketplace).

Play to earn

Dragon Kart allows players to earn money by playing the game in the following ways:

• Players who join for free will use the original default characters and race cars to participate in the game modes and achieve high rank, players can receive a set of characters that can be traded on the marketplace or use those character sets to earn $KART through game modes. For those using the default character and racing car, it will take longer than for players using the character and racing car traded on the marketplace.
• If you can’t wait, you can use $KART to buy characters and racing cars on the marketplace. With this character and racing car, players can instantly receive $KART tokens through the game modes. If you want more, practice your skills and conquer competitions and leaderboards.
• If you are an investor you can invest in $KART and in-game NFTs as a digital asset. The project builds an in-game Defi mechanism where investors can generate passive profits such as staking, farming and lending. In addition, if you own NFTs, you can lend those NFTs together with other players at an optional price depending on the agreement between you and the borrower.
• If you want to earn some money, or self-organize events and arrange proper rewards as what you expect, you can buy maps (in NFT standard) which is traded in marketplaces to have your own incomes from those events.

DeFi

Dragon Kart is built on the Blockchain platform, so financial systems (DeFi) are also built by the project to help investors increase their profits through investment forms such as Staking, Farming, Lending, Renting

Marketplace

Dragon Kart creates a marketplace where players can buy and sell in-game characters and items. Marketplace is built on Binance Smart Chain providing fast transaction and low transaction costs, allowing players to freely trade their assets.

The system of in-game items such as characters, Kart (vehicles), accessories… is all NFTs. The NFTs in the game are developed based on the BEP-721 standard which is the most popular NFT standard. All of these NFT items are the property of the player and they have full control over those NFTs in the exchange and purchase of NFT items on the Marketplace.

Dragon Kart currently has 3 game modes: PvC, PvP, and Duel, allowing players to participate in dramatic races with other players or their friends. All players receive rewards for winning races. Rewards include $KART, characters, and items in the form of NFTs. All NFTs can be traded on the market.

The game builds a daily quest system that helps players earn extra income by completing tasks. In addition, Dragon Kart also built a ranking system to create competition in races and bring valuable rewards to players.

Road Map

Technical Data

$KART is the governance and utility token. The $KART token is used in the project’s ecosystem for trading, staking, farming, and lending. In addition, $KART is used as currency to buy and sell NFT on the marketplace. The $KART token is developed on the Binance Smart Chain platform because of its high stability and low fees, which can attract lots of users/ players.

Token Metric

• Token name: Dragon Kart
• Token symbol: KART
• Max Supply：100,000,000
• Token Type: BEP20
• Type: Governance token
• Blockchain: Binance Smart Chain (BSC)

Token Allocation

Token Sale

• Private sale price: 0,08$
• Public sale price: 0,160$
• Raised Cap : 1,760,000$
• Accept: BUSDT
• Fundraising Goal: 312,500 TOKEN
• Tokens for Sale on Chainboost: 312,500 KART
• Tokens for Sale on LuaStarter: 625,000 KART
• Tokens for Sale on BSCS: TBA
• Tokens for Sale on LaunchZone: 1,875,000 KART

Token release Schedule

Token use case

KART is a governance token that can be earned through game modes, in addition, KART tokens are considered in-game currency that allows players to buy, sell and trade NFTs through KART.

How to own the token?

Dragon Kart will implement IDO on 4 launchpads including LuaStarter, Chainboost, LaunchZone, and BSCStation from 9th November to 11th November.

• LuaStarter: take place on 9th November at https://docs.tomochain.com/luaswap/luastarter/how-to-participate-in-idos
• Chainboost: take place on 9th November at https://chainboost.io/projects/dragonkart
• BSCStation: take place on 10th November at https://docs.bscstation.finance/
• LaunchZone: take place on 11th November at https://dragonkart.lz.finance/

Markets and Community

Market

After the explosion of DeFi and NFT’s trend, GameFi is clearly proving its attractiveness and becoming a new trend in the blockchain industry. The period from June of 2021 marks a very strong explosion of NFT games on Blockchain platforms. In early September, gaming market capitalization valued roughly 100 million USD (source: https://dappradar.com/), which increased 22 times compared to the beginning of June. This is considered a positive sign that NFT gaming is a new trend of the blockchain industry all over the world.

In the current NFT game market, most of them are card games or a few sports games, but most of them are very “picky ‘’ fictitious games. In addition, the most common thing about NFT games is that you have to pay and invest in the game to experience, so the trend of NFT games is still creating a big barrier for the majority of traditional players. Understanding that, Dragon Kart was born with the mission of connecting traditional gamers to Blockchain technology and bringing a new way people think about blockchain technology’s adoption.

Community

• Telegram Channel: https://t.me/dragonkart_channel
• Group Chat (EN): https://t.me/dragonkartofficial
• Group Chat (VN): https://t.me/DragonKart_VNChat
• Group Chat (China): https://t.me/dragonkartchina
• Group Chat (Indonesia): https://t.me/Dragonkart_indonesia

Backers

Team/Founder

Advisors

Partners & Investors

Conclusion and analysis

With more than 5 years of experience in developing traditional games, the team wants to bring Vietnamese culture to the world. Dragon Kart will bring you and your friends a space for gaming, entertainment, and stress relief. Besides, people can have more opportunities to earn income while playing games.

Find more information about Dragon Kart

• Website: https://dragonkart.com/
• Twitter: https://twitter.com/Dragonkartcom
• Medium: https://medium.com/@DragonKartcom
• Telegram Channel: https://t.me/dragonkart_channel

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

Elise

Coincu Ventures