About Penguin Karts Ico
Penguin Karts Ico is a battle racing game, where drivers race against each other and compete for prizes and in-game swag. The platform will feature a secondary marketplace where players can buy and sell items they earn in-game. Penguin Karts will deploy on the Fantom ecosystem which has the most robust set of play-to-earn tools available for games.
PGK is the native utility token that is used for:
*Unlocks the in-game marketplace for players to buy and sell items for tokens *skins *gear *collectibles *swag
In addition to the utility for the fungible tokens, the NFTs have an added layer of utility for staking. Staking the Penguin Kart 2D NFT will earn 3D NFT rewards claimable on the Fantom chain.
Players can race against each other earning NFTs along the way that can be used in game or sold at the in-game marketplace. It even allows spectators to place bets on their favorite drivers in the Penguin e-Sports Lounge. In addition, the platform’s player-friendly tokenomics strives to create a sustainable NFT economy by facilitating the exchange of NFTs and other digital collectibles in the Penguin Karts marketplace.
Penguin Karts Ico Key Information
| Key | Points |
|---|---|
| Token Name | Penguin Karts |
| Token Type | PGK |
| Token For Sale | 4,750,000 PGK |
| Ico Price | $0.040000 |
| Fundraising Goal | $190,000 |
| Access | Public |
| Language | English |
| Support | 24/7 |
| Whitelist/KYC | KYC |
| Whitepaper | Click Here For View Whitepaper |
| Website | Click Here For Visit ICO Homepage |
Mission
The Penguin Karts mission is to provide a fun ecosystem where friends can casually gather, race, talk smack, and generally have a good time together, while at the same time providing an easy entrance to the Metaverse, play to earn games and crypto in general. Inspired by penguins and their loyalty for life, Penguin Karts will also set aside some special resources in a campaign dedicated to Penguin conservation.
Vision
To become the leading gateway for onboarding non crypto users into the space through a fast paced, engaging play to earn game that encompasses all that is possible with the GameFi and NFT revolution.
Penguin Karts Opportunity
The opportunities for Penguin Karts Ico are three fold across three exploding markets that have been fueled by the new economy emerging post pandemic. The global gaming market which has seen unprecedented growth, the online gambling market which is expected to double in the next 24 months, and the NFT market which grew five times the size in January compared to the previous 6 month period. Penguin Karts could potentially capture millions of dollars in market share, with it’s fun, fast paced and simple concept.
Penguin Karts Ecosystem
The Penguin Karts ecosystem is made up of two inter-connecting blockchains to leverage the best features from both networks into one seamless gaming experience. They will launch as a play to earn game where players access through a web 3 connection, to play to earn. In the future there will be an onboarding station with a Web2 portal, to allow gamers to try the game for free to encourage mass adoption.
2D & 3D Penguin NFT Collections
Penguin Karts Ico2D NFT Genesis Penguins, and 3D NFT Penguins are minted on the Ethereum blockchain. Once minted collectors can choose to buy or sell on the secondary market, or stake these NFTs in the contract on Ethereum, then join the game and harvest the rewards as in-game loot boxes claimable on the Fantom chain. What this does is allow marketing team to reach millions of Ethereum users, then convert them to the
Fantom blockchain for game play where the gas fees are so low it’s almost negligible.
Races, Tournaments, & Championship Events
More details on the in-game economy will be released shortly, please check back in the coming days for more information on prizes for racing, entrance fees, and the breakdown of how these events will keep the economy sustainable.
Penguin Marketplace In addition to NFT staking for in-game items, the platform will feature an in-game marketplace where the loot can be bought and sold on the Fantom chain, so players can essentially cash in their earned drops if they choose not to use them in-game. The in-game marketplace is powered by the PGK token, native to the Penguin protocol. 3D NFTs that drop in-game could be custom kart skins, weapons that slow down opponents, or other fun surprises.
Stake PGK Earn PGK Stake your PGK on the Penguin Karts staking dashboard, released Spring 2022. Join the Discord or Twitter to be notified the moment it goes live.
Yield Farming Details on this will be coming soon, check back for regular updates to this Whitepaper.
Wagering Lastly, Penguin Karts will add an e-sports book lounge where anyone of legal gambling age can place bets on their favorite Penguin drivers.
Buy. Sell. Collect.
The things you earn and buy in Penguin Karts are yours to own. That’s right – each skin/item is an NFT which means that they hold value and can be sold and bought on marketplace. Stay tuned for news about the release of our marketplace during the Beta!
Iconic Design
We’re partnering with some of the world’s most talented artists, designers, and creators for limited releases found only here. If you’d like to work with us for future designs, we’d love to hear from you.
Earn Money Passively Or Actively
You don’t have to race to earn money if you don’t want to, you can also stake tokens and earn money while not participating in the game, or become a trader of skins/items which hold value in the NFT marketplace.
Who Are the Founders of Penguin Karts?
Penguin Karts was founded by CEO Tommy Dahlberg. Tommy is a blockchain enthusiast who has worked on a major exchange and been hands-on with over 100 projects to assist in listing on one of the top 5 exchanges globally.
Tommy is also a lifelong gamer, and go kart lover, and has put the two concepts together into a fun filled, fast paced battle racing game that you and your friends will love to play.
