Riot Racers (RIOT) Coin Complete Detailed Review About VerveRiot Racers

About Riot Racers (RIOT)

Riot Racers (RIOT) is a crypto car racing game where players own parts of the game. Players can earn rewards by playing the game or by owning NFTs in the game. The official in-game currency is the RIOT token. Players can earn RIOT tokens when winning races, by owning certain game assets like Gas Stations or Mechanic Shops, and by enrolling in the Riot Owner’s Club. The amount of RIOT that can be earned from racing depends on the class of that car being raced. Cars exist in seven different classes, from Rookie to Legendary; and the higher the class, the higher the amount of RIOT tokens that can be earned.

Riot Racers (RIOT) can be spent throughout the game to enter races, spawn (i.e. breed) new Cars and Drivers, upgrade Cars, buy game assets in drops, and other activities associated with the game. When entering a race, players are presented with the Race Conditions like weather and track conditions. Players select a Car and Driver to race with, and then select from several options that make up their Race Strategy. The race then happens in the background. Results of the race are determined 20% by the Driver, 29% by the Car, and 51% by how well each racer’s Race Strategy plays out. Cars with higher XP and upgrades have an advantage in the race.

Riot Racers (RIOT) Point Table

Who Are The Founder Of Riot Racers (RIOT) ?

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RIOT Price Live Data

Riot Racers (RIOT)The live Riot Racers price today is $0.006468 USD with a 24-hour trading volume of $753.29 USD. update RIOT to USD price in real-time. Riot Racers is down 3.67% in the last 24 hours. The current CoinMarketCap ranking is #6214, with a live market cap of not available. The circulating supply is not available and a max. supply of 250,000,000 RIOT coins. If you would like to know where to buy Riot Racers at the current rate, the top cryptocurrency exchange for trading in Riot Racers stock is currently QuickSwap. You can find others listed on crypto exchanges page.

RIOT Game Token

RIOT is an ERC-20 token, used as a native game currency and governance token that powers Riot Racers and upcoming games Riot Rampage, Riot Rush and the Riot Metaverse. It allows players to earn rewards in games, buy game assets, pay for actions in the games, claim rewards, and participate in governance.

Token Economics

Riot Racers (RIOT) is designed and intended to be a utility governance token. It is solely intended to be the currency inside the Riot Metaverse and games. The token is not an investment and no amount of the token supply was sold to investors or for investment purposes, as seen above in the allocation table. RIOT is a fungible ERC-20 token and was created by deploying a widely used standard smart contract on the Ethereum blockchain. To be used, RIOT must be deposited from the Polygon network, or the Ethereum Mainnet Network, in to the in game wallet via the riotracers.com app. The in game wallet is used to pay for all actions within the game, and allows for RIOT token withdraws out to the Polygon network. Polygon, a second layer Ethereum chain, is in common and increasingly high use by blockchain games and DeFi projects.

Rental Marketplace

Overview

All users in the game will be able to participate in the Rental system in one of two ways: as a renter or an owner.

Owners of Cars and Drivers can list their game assets for rent in the Rental Marketplace. The marketplace provides the opportunity for renters wanting to participate in the P2E racing but are currently in need of a Car, Driver, or both. All listed assets in the rental marketplace are free to rent in exchange for a percentage share of the race winnings. This means that anyone can get started playing without needing any money to begin!

Play To Earn

Riot Racers (RIOT) Riot Racers is a play-to-earn car racing game where players and participants own parts of the game. Players can earn by playing the game or by simply owning parts of the game. All ownable parts of the game are in the form of verifiably owned NFTs. The currency of the game is the RIOT Token, used for all in game activities. Players buy cars and can level them up with upgrades like better engines and tires. To race, players buy gas at a gas station, and then enter an upcoming race. The total of all the gas bought per race makes up the reward pool. First place wins 50% of the reward pool, second and third place split the second half of the pool. Winnings are paid out in RIOT Tokens. When entering a race, players are presented with the Race Conditions. With this in mind, players select from several options that makeup their Race Strategy to compete in the race. The race then happens in the background. Results of the race are determined primarily by how well each racer’s Race Strategy played out, and secondarily by a weighted random algorithm. Cars with higher XP and upgrades have an advantage in the race.

Faq Of Riot Racers (RIOT)