The ecosystem (exc. VEMP Trading) is built around and powered by their permission-less financing platform where anybody can contribute and put capital forward to fund the development, investment and in some cases the entire acquisition of on-chain games. As PenguinKarts announced their Strategic Acquisition with VEMP Studios.

Their Studio & Venture arms specifically focus on next generation on-chain gaming protocols and infrastructure.

Their Guild monetises in-game on-chain assets, lowering the barrier to entry when it comes to crypto games.

The Acquisition

Some specifics around the acquisition itself and what it means for existing investors in the ecosystem going forward. Penguin Karts are planning on migrating the PGK token & protocol from Fantom (FTM) to Binance Smart Chain (BSC) in order to join the VEMP Games ecosystem. This time is verifiable on the blockchain as the exact time of ownership transfer. In order for existing holders to successfully migrate. They’ll require you to send your $PGK tokens to this multisig address,

0xBF909f4213fab3AfEfc28C840d9ffc2516e12afB

Successful completion of the migration will result in you qualifying for the exact USD amount of the new BSC token as they held at the time of the snapshot mentioned above. The deadline for completing the migration will be 28th Feb 2023 at 23:59 UTC.

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About Penguin Karts

An immersive 3D battle-racing game built on the blockchain. 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.

Website | Twitter

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About VEMP

Featuring industry leading staking pools, play-to-earn games, Metaverse events organization and a P2E and GameFi focused incubator, vEmpire is truly the gateway to the Metaverse.

Website | Twitter

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SOURCE:  MEDIUM

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This collaboration will make Penguin Karts 2D and 3D NFTs rentable on the Double Protocol NFT rental marketplace. The Penguin Kart community will then be able to rent, lend and sublet their NFT assets on the Double Protocol NFT rental marketplace.

This move will open up a new revenue stream for the Penguin Karts NFT holders to monetize their NFT assets without liquidating those assets or giving out their ownership. On the flip side, renters will be able to gain access to and utilize the Penguin Karts 3D multiplayer game, engage in the exciting gameplay and claim in-game rewards.

NFT rental powered by Double Protocol supercharges the Penguin Karts NFTs. Providing access to gamers who otherwise wouldn’t have been able to afford these gaming NFTs. With Double Protocol, web3 gamers can now enjoy P2E games, earn rewards and unlock exclusive perks. Without committing huge funds to acquire in-game NFTs and lands.

Double Protocol will work closely with Penguin Karts to complete this integration in the coming weeks.

About Double Protocol

Double Protocol is an NFT rental platform developed by the same team behind ERC-4907. Double Protocol enables the lending and renting of in-game and also in-metaverse NFTs. The protocol is on a mission to deliver a revolutionary NFT rental platform that seamlessly connects NFT owners. To prospective NFT renters who wish to leverage these assets for a limited time.

By deploying ERC-4907, Double Protocol is unique in its rental approach. By ensuring that NFT ownership rights are separated from usage rights. This concept addresses the challenges associated with some rental services and distinguishes Double Protocol from other rental protocols.

In addition to the existing core products, Double Protocol also offers Web3 Domain Subscription. This service enables ENS domain holders to list and monetize their ENS names. By letting other users subscribe to a subdomain name for an agreed fee for a specific period.

Double Protocol is backed by well-known partners and industry heavyweights, including Matrixport, Shima Capital, Youbi Capital, LucidBlue Ventures, Red Building Capital, Capital 6 Eagle, and Plancker DAO, Steve Guo from Loopring, Tony Gu from NGC Ventures, and Mr. Block.

Website | Twitter

About Penguin Karts

Penguin Karts is a Play-to-Earn battle racing game, where drivers race against each other and compete for prizes and in-game swag. First, the 2D and 3D NFTs (3D NFT Mint upcoming April 2022) minted on Ethereum can be staked in their upcoming contract. Then players can claim their rewards in-game with playable NFTs in the form of Loot Boxes on the Fantom (FTM) chain. This transfer is made possible because both chains are EVM compatible.

Website | Twitter

SOURCE: MEDIUM

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Their partnership will help both communities across the P2E ecosystem to grow and reach out to more gamers. They’ll be working closely together to make sure that a larger audience can learn about their games!  They both share the same vision for interoperability, so they will dig in deep and see how their NFT ecosystems can offer unique Web3 gaming experiences for both their communities. As PenguinKarts announced its Partnership with Elemental Raiders.

Elemental Raiders Gameplay

• In Elemental Raiders, players create a team of three different Heroes.
• Heroes come with different stats and skills. To complete the build, players need to select 6 skills for every Hero.

Heroes

Players are able to choose between 3 Hero types at launch: 3 Water Heroes, 3 Fire Heroes, and 3 Nature Heroes.

Players unlock more content options and skills as they progress through the Arena. There are 150+ Skills in total.

Each Hero has unique traits, visuals, and more than 15 skills with endless combinations to make every build different and unique.

The elements have an important role in the gameplay. The mechanic is similar to the rock-paper-scissors game, where Fire does more damage to Nature, but receives more damage from Water, and so on.

The Heroes by element are:

• Water Heroes: Water Magus Ran; Reef the Tide Warrior; and Takeda, the Wanderer Samurai.
• Fire Heroes: Igniel, Archangel of Patience; Giovanna, Lady Reaper; and Servius, Chainbreaker
• Nature Heroes: Freyana, the Salamandria’s Oracle; Kong, the Monkey King; and Slothy & Quickens.

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About Penguin Karts

As a first-of-its-kind battle-racing Play-to-Earn game, Penguin Karts aims to reinvent the blockchain gaming experience for users of all ages looking to earn crypto. Players can start earning immediately, whether through skilled gameplay, wagers, contributions to the ecosystem or by collecting and trading their playable NFTs.

Website | Twitter 

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About Elemental Raiders

Elemental Raiders is a Free-to-Play turn-based role-playing game built on blockchain technology. Players assemble a team of three Heroes to fight powerful monsters in a PvE scenario, and compete against other players in a PvP Arena.

Website | Twitter 

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SOURCE: MEDIUM

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What is Basketballverse

Their mission at BasketballVerse is to empower all basketball and gaming enthusiasts to compete against anyone in the world via immersive gameplay, balanced competition and fair rewards in a blockchain-based basketball metaverse.

Basketballverse will be monetized in various ways:

• NFT asset sales – there will be regular releases in the Basketballverse platform, where players would be able to purchase assets such as merch, arenas, legendary ballers etc.
• In-game practice, arena upgrades and other consumables.
• In-game advertisements – upgraded arenas would have sites for paid ads.
• They will take a fee of 3% from all NFT and in-game transactions.

Partnership Details

At Penguin HQ, they get super excited when they meet peers across the industry who share their vision for cross-game interoperability, so Penguin Karts jumped at the opportunity to explore collaboration with Basketballverse — who wouldn’t wanna see Penguin’s on the court or bring their sporting own avatar into their races?!

Penguin Karts is delighted to start their partnership, watch this space for more updates on this exciting collaboration.

About Basketballverse

Basketballverse is a P2E 3D multiplayer basketball metaverse that recreates the real-world sport in the metaverse, where you can develop your NFT basketball avatar, manage your own club or arena, build a fanbase, attract sponsorship and earn real income.

Website | Twitter

About Penguin Karts

As a first-of-its-kind battle-racing Play-to-Earn game, Penguin Karts aims to reinvent the blockchain gaming experience for users of all ages looking to earn crypto. Players can start earning immediately, whether through skilled gameplay, wagers, contributions to the ecosystem or by collecting and trading their playable NFTs.

Website | Twitter

SOURCE

https://medium.com/@penguinkarts/penguin-karts-partners-with-basketballverse-cb421d3c08bb

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Through this partnership Penguin Karts will be listed on the Gamerse platform, they’ll feature in a live AMA with their team and they will engage their teams to explore NFT Marketplace integration with its Penguin Kart and Scrappy Penguin NFT collections.

About Gamerse

Gamerse is the home of NFT gaming and the metaverse. Create your 3D identity, enter a world of gaming discovery, create your groups (LFGs), create parties and stay social with friends! Stay up-to-date with our live feed and never miss a drop again!

Website | Twitter

About Penguin Karts

As a first of its kind battle-racing Play-to-Earn game, Penguin Karts aims to reinvent the blockchain gaming experience for users of all ages looking to earn crypto. Players can start earning immediately, whether through skilled gameplay, wagers, contributions to the ecosystem or by collecting and trading their playable NFTs.

It’s mission to develop a game that everyone can experience. They’ve also designed the game to be easy to pick up yet hard to master, with addictive and entertaining gameplay suited for players of all skill levels. The better you are, the more you can earn.

Connect with us at Penguin Karts and learn about our Play-to-Earn 3D game and Scrappy Penguin 3D NFT collection:

Website | Twitter

SOURCE:
https://medium.com/@penguinkarts/60edce9eb1b5

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You know by now the Penguin Karts team is hyped about the possibilities of interoperability and the opportunities that Blockchain NFT gaming opens up to maximise users’ experiences across games!

The MetaRun team shares this dame excitement and so they’re going to lock their designers and devs away in a cupboard until they come up with something amazing to realise this vision!

Watch this space for more updates on this exciting collaboration.

Overview of Metarun

Metarun is the World’s first blockchain-based Free-to-Play and Play-to-Earn endless mobile runner game.

They combine the best of traditional and crypto gaming. Built on Unreal Engine, Metarun brings the high-end quality graphics, game mechanics and combines it with blockchain, making it stand apart from the current runner games.

They don’t only allow you to play and earn for your time spent on the game through its single player mode but also gives you the fun and excitement of a competitive game through its PvP mode.

Metarun magnifies the gaming experience by emancipating users from the lack of control over In-game assets, for instance, character skins and the financial economy, by leveraging NFTs and Blockchain in its native mobile game anchored by an assets powered economy. Metarun offers true ownership of assets by incorporating NFTs and a marketplace built to support its ecosystem, which is fuelled by its own native token $MRUN and in-game virtual currency OPAL.

Game’s Main Features

1. Competitive Free-to-play endless mobile runner.

2. World’s first play-to-earn mobile runner.

3. PVE and PVP game modes.

4. Own your assets. Absolute asset ownership with NFTs.

5. 45 Unique characters with Super-powers to counters demons on the run.

6. Upgradable NFT characters.

7. Detailed and Interactive map environment.

8. First runner game with Multiplayer mode.

9. F2P mode for Non-Crypto users.

About MetaRun

First blockchain-based P2E and P2W endless mobile runner game with NFT assets. Start your endless journey in the PvE or PVP game modes. Race, complete levels, get rewards and earn $MRUN tokens while playing your favourite game.

Website | Twitter

About Penguin Karts

As a first of it’s kind battle-racing Play-to-Earn game, Penguin Karts aims to reinvent the blockchain gaming experience for users of all ages looking to earn crypto. Players can start earning immediately, whether through skilled gameplay, wagers, contributions to the ecosystem or by collecting and trading their playable NFTs.

It’s their mission to develop a game that everyone can experience. They’ve also designed the game to be easy to pick up yet hard to master, with addictive and entertaining gameplay suited for players of all skill levels. The better you are, the more you can earn.

Website | Twitter

SOURCE

https://medium.com/@penguinkarts/penguin-karts-partners-with-metarun-bc00907f78e1

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As a first of it’s kind battle-racing Play-to-Earn game, They aim to reinvent the blockchain gaming experience for users of all ages looking to earn crypto.

Players can start earning immediately, whether through skilled gameplay, wagers, contributions to the ecosystem or by collecting and trading their playable NFTs.

Having a strong partner such as Penguin Karts is extremely important for the IKONIC NFT Marketplace.

The synergies between our projects is fantastic and through this partnership, IKONIC is one step closer to revolutionizing esports and gaming.

Sebastian Ionut Diaconu, CEO of IKONIC says “ I’m very happy to announce IKONIC partnership with Penguin Karts. Penguin Karts is one of the best P2E projects and we are sure that this partnership will be benefit both projects”.

Features of Penguin Karts

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 our marketplace. Stay tuned for news about the release of their marketplace during the Beta!

Iconic Design

They’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 them for future designs, they’d love to hear from you.

Earn Money Passively Or Actively

They’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 them for future designs, they’d love to hear from you.

About Penguin Karts

A battle-racing 3D multiplayer game built on the Blockchain. It combines the best elements of arcade style kart racing, mobile gaming and Play-to-Earn NFT dynamics.

Website | Twitter

About IKONIC

IKONIC is the world’s first Esports NFT marketplace. IKONIC aims to bring forth a revolution for gamers, and esports players by offering them the necessary tools to earn from their creations. By combining blockchain technology with state-of-the-art video editing software, IKONIC targets to create a new generation of Esports players that can own their moments. As one of the biggest entertainment industries in the world. Esports should have more freedom, and IKONIC is here to make that dream a reality.

Website | Twitter

SOURCE

https://medium.com/ikonic/ikonic-x-penguin-karts-acc61da9481c

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From Road Rage to Twisted Metal and Mario Kart, combat racing games have been a staple of video game lineups.

IQ Protocol is happy to welcome Penguin Karts into their ecosystem!

Penguin Karts

Built on the Fantom blockchain, Penguin Karts is a play-to-earn combat racing game in which players battle it out in an online, multiplayer world of upwards of 20 adventurous tracks.

Being a blockchain game, Penguin Karts involves elements of play-to-earn and NFTgaming, offering players rewards for participating in races, tournaments and other activities. The more you win, the more you earn!

Consisting of up to ten racers, competitions can get fierce.

IQ Protocol + Penguin Karts

Penguin Karts is full of NFTs, which works out well because IQ Protocol is transforming the way digital assets can be used! Still in the pre-launch stages, Penguin Karts is currently exploring the full extent of how they can utilize their platform. But a key feature of IQ Protocol is their offering the ability to lend or borrow NFTs without collateral or risk, but also makes possible things like cross-chain renting and multi-purpose renting!

Risk-free, you say? How does that work?

Typical modes of lending an asset puts the lender at risk, say, if the borrower loses hold of the asset (for whatever reason).

They look forward to seeing you on the tracks!

About Penguin Karts

Penguin Karts 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.

It’s their mission to develop a game that everyone can experience. They’ve also designed the game to be easy to pick up yet hard to master, with addictive and entertaining gameplay suited for players of all skill levels. The better you are, the more you can earn.

Website | Twitter

About IQ Protocol

IQ Protocol is a blockchain project providing a decentralized money market for digital asset renting and on-chain subscriptions.

Website | Twitter

SOURCE

https://blog.iq.space/iq-protocol-welcomes-penguin-karts-80dfe0a743a3

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