Grease Monkey Games receives a major co-sign. Video-game giant Epic Games is providing the Animoca Brands subsidiary with financial support to develop a new blockchain-based motorsport game Torque Drift 2.
Torque Drift 2 is an upcoming drifting motorsport game with a tuning garage available to players from Q3 2022 and a full release date set for 2024. The game will utilize nonfungible token parts, cars, decals and items that players can use to build up their car and profile.
Players will also be able to create their own paint job and car tune NFTs, which can then be shared and sold within the Torque Drift 2 marketplace. Grease Monkey Games is a traditional game developer that has been publishing original IP games since 2014, which have over 45 million global downloads. They were acquired by Animoca Brands in February 2022 and Animoca will support them as they transition to blockchain games.
Unlike traditional games, where players generally buy in-game items with real money but are then prevented from pulling that money back out, incorporating blockchain verifiable NFTs into games is seen as a way to provide digital ownership over in-game content. As such, it enables players to sell items when they are done playing the game or want to exchange their items for new ones.
This type of model is often referred to as P2E, with players being rewarded with economic value for participating within the ecosystem.Many critics of P2E games such as Udi Wertheimer point out that these games require wallets and cryptocurrency purchases before players can start playing and are not as fun as traditional games.because crypto games aren’t fun
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Monkey at California zoo calls 911: 'monkey see, monkey do'The monkey apparently just happened to push the right combination of numbers to call 911.
Read more »
‘Grease’ Returning to AMC Theatres in Tribute to Olivia Newton-JohnThe cost per moviegoer will be $5, with $1 of every ticket sold going to AMC’s charitable fund, AMC Cares. The proceeds will be donated to breast cancer research.
Read more »
‘Grease’ Returning to AMC Theatres for Charity, in Honor of Olivia Newton-JohnAMC Theatres, the world’s largest cinema chain, is honoring Olivia Newton-John by bringing “Grease” back to the big screen. Starting on Friday, the classic 1978 movie musical will…
Read more »
‘Grease’ Returns To AMC Theaters As Tribute To Olivia Newton-JohnFor a limited time, AMC Theaters will return the 1978 musical Grease to its theaters, allowing fans to once again see Olivia Newton-John and John Travolta memorably team on the big screen. The film…
Read more »
'Grease' Returning to Theaters in Honor of Olivia Newton-John'Grease' is returning to theaters to honor Olivia Newton-John.
Read more »