Good Games Labs is an innovative program developed by Good Games Guild that aims of being an investment arm between the blockchain project and the cryptocurrency community have announced that they have invested in RaceFi — the first AI/ML car racing game on the Solana ecosystem.

The investment is expected to provide players with the most imaginative gaming experience and the most profitable monetization options possible, while also fostering the development of the Solana ecosystem and the widespread adoption of blockchain technologies.

About RaceFi

RaceFi is a play-to-earn car racing game where players and participants own parts of the game. Players can earn by playing interacting within the game. All ownable parts of the game are in the form of verifiably owned NFTs. It is the first AI (artificial intelligence) / ML (machine learning) integrated car racing game on the Solana ecosystem. All of the game’s ownable components are verifiably owned NFs. Within RaceFi’s metaverse, players can make an income while playing multiple game modes to quench their craving for speed or make a profit by controlling in-game property and interacting with the ecosystem players. The game is planned to be released in Q1 2022.

Playing the game consists of buying a car, buying gas for your car, selecting a race, choosing your race strategy, and viewing the results. The races happen in the background and are determined primarily by the racer’s strategy, and secondarily by a weighted random algorithm. Cars with higher XP and upgrades have an advantage, but players with the best Race Strategies have the ultimate advantage. To begin with, the game is affordable. New players can buy a Rookie car for around $20 USD.

Players have the opportunity to increase their level of experience and generate economic benefits through two main game features, which are Pure Race and Battle Race.

Pure Race includes two game modes:

In PvE mode, the players will directly drive and control the car. When entering a race, players are presented with the Race Conditions. With this in mind, players select from several options that form their Race Strategy to compete in the race.

in PvP mode, the players will customize their strategic statistics and then the AI system will analyze the result of the race.

In terms of Battle Race, the players must upgrade their cars with battle features such as guns and shields. There will be no time limit or no finish line, the players will continue to race and attack each other until there is only one survivor left, and that car will become the winner of the battle race.

RaceFi has successful closing of $2.9 million in seed and private fundraising rounds. The round was led by Exnetwork Capital, Genblock Capital, Solar Eco Fund, Shima Capital, Basics Capital, and x21 Digital. Since closing the round, RaceFi has been focused on the next steps in its roadmap which includes upcoming IDOs on two launchpads: SolRazr and Enjinstarter. The native token, $RACEFI, will be offered to IDO participants at a rate of $0.125, with a total goal of $500,000 raised in both IDOs. In addition, the RaceFi token smart contract excellently passed the smart contract security audit performed by Armor Labs. The contract status was achieved as Safe & Passed Status. There was no issue found.

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About Good Games Guild

Good Games Guild is a Gaming Hub that aims to create the largest virtual world economy by sponsoring millions of play-to-earn gamers, investing in play-to-earn games along with their in-game assets, and building tools that will enhance the future of gaming and meta-verse.

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