Hello everyone in this article I will present an interesting ICO analysis, called Cryptocarz The World's First VR World-Class Racing Experience, based on some of the following criteria:
What is CryptoCarz?
A multiplayer, virtual reality enabled racing experience, powered by blockchain technology, allowing you to build and drive your own ride online where our racetracks will let you test your skills. Our garage will offer the latest of mods and kits to create unique builds. Each car is from a limited-edition series model that will also be a collectible piece in your virtual garage, exactly like a real car.
Invite your friends to check out your ride in our virtual showroom, then put the pedal to the metal in different modes of racing action. CryptoCarz models are related to popular cryptocurrencies, so expect some exciting aspects here, but we can’t tell you more for the moment.
CRYPTOCARZ UTILIZES THE ETHEREUM BLOCKCHAIN TO ALLOW YOU TO BUY AND TRADE YOUR VERY OWN PERSONALIZED RACING VEHICLES WHICH ARE STORED IN YOUR OWN PRIVATE ETHEREUM WALLET.
Each model will have a limited number of cars, enforced by the smart contract code, after that no more of each type will ever be produced… To participate in races, you will have to own or rent a car. Expect E-Sport Arena tournament events and much more, in which you will participate loading up your cars from your blockchain garage.
We are not only a blockchain token and more than simply a ‘crypto-collectible’. We are CryptoCarz, and we are ready to change gaming forever!
Who we are
CryptoCarz is proudly presented to you by Blockchain Studios, we are a collective of crypto enthusiasts, gamers, professional developers and car lovers who want nothing more than to challenge ourselves against the best the world has to offer.
Where can I buy a CryptoCar?
Cars will be available sooner than you think on the CryptoCarz website www.cryptocarz.io, stay tuned and follow us on social media!
EACH MODEL HAS A SERIES OF CHARACTERISTICS THAT WILL INFLUENCE THE BEHAVIOUR AND PERFORMANCE OF A CAR DURING THE RACE.
These characteristics can be altered in time with the addition or replacement of certain components, such as engine and suspension, making each car truly unique. Ownership of the components will be established by token ownership inside the user’s wallet.
THE CORE GAME WILL FEATURE SINGLE AND MULTIPLAYER MODES, A RACING SIMULATION TOOL, TIME TRIAL ANDPRACTICE RUN OPTIONS AND A ‘GARAGE ROOM’ WHERE PLAYERS CAN MODIFY, VIEW AND REPAIR THEIR CAR BEFORE AND AFTER RACING.
After the release of the core game, additional features will be added based on player feedback. The aim is to provide an open and collaborative platform that actively grows a supporting ecosystem and fully involves the talents of a broad community to open the platform for third-party development.
We want to engage a new ecosystem to build game components, such as race environments, new and custom-designed cars and options to organise and set up racing leagues.
TECHNOLOGY AND DATA LANDSCAPE
THE CRYPTOCARZ ISSUANCE PLATFORM WILL PUT TOGETHER THE FOLLOWING:
- Ethereum Network
- NFT using ERC721 Smart Contracts
- Auction Engine using Smart Contracts
- Web Application and User Authentication
Why the Ethereum network? The Ethereum programmable blockchain allows us to enable a ‘trustless’ auction process and transfer the ownership of digital assets without the need of a third party. The recent boom of dapps being developed on Ethereum gives us confidence in the sustainability of the network.
The CryptoCarz NFTs will be issued by a smart contract and stored in the Ethereum blockchain based on the ERC721 token standard (reference: https://github.com/ethereum/EIPs/ blob/master/EIPS/eip-721.md).
The auction engine will be handled by Ethereum smart contracts. Each CryptoCarz will be bonded to an NFT, along with the car’s specifications and state-of-the-art graphics. End users can bid and claim them at the end of the auction cycle.
The smart contract will handle the car auction lifecycle:
- Creating an auction.
- Managing and sorting bids.
- Selecting auction winners and losers.
- Transferring ownership of the tokens to the winners and processing refunds.
Besides the client server application programming interface and its web 2.0 components, the addition of web 3.0 Blockchain components increases the complexity of the architecture technology stack. User authentication is relegated to any third-party client wallet, such as MetaMask.
STORING DATA ON THE ETHEREUM BLOCKCHAIN CAN BE PROHIBITIVELY EXPENSIVE FOR END CONSUMERS AND COMPANIES
Initially, all data that is not stored at smart contract level (e.g. car graphics) will be stored in a centralised server, while decentralised storage solutions (e.g. InterPlanetary File System) will be used in the future. To keep data consistent over time, the CryptoCarz data layer consists of five data structures thatinteract with the Ethereum smart contracts.
CRYPTOCARZ WILL BE DEVELOPED AND RELEASED IN THREE STAGES, FOLLOWING PRE-DEVELOPMENT WORK.
It will start with the creation of a virtual garage and an interactive race track. Next, we will release a marketplace and add single-player time trial modes. Finally, we will enable multiplayer and tournament modes while extending the game on VR-enabled platforms.
To contribute and Know the progress of this offer, you may visit some of the following Links:
The bitcointalk name: Aray80