Crypto is one thing, and crypto in gaming is yet another. It is undeniable that cryptocurrencies and gaming are a perfect marriage.
The border-tearing, reliable, and cheap transmission capabilities of cryptocurrencies immediately solve the pain points in gaming.
Before cryptocurrencies, payment processors acting as intermediaries made a killing.
They might be resisting change now, creating needless barriers and finding reasons not to integrate crypto. Still, the tsunami of change won’t spare laggards.
Blockchain Games Worth Over $321 million
In 2020 alone, the crypto gaming industry drew over $321 million.
Interestingly, of the over 3 billion gamers globally, over 41 million gamers are coin holders, with a majority being millenials below the age of 38 years.
Millenials make a majority of the world population, and a decent proportion, once more, are gamers. Studies reveal that gamers are more likely to own crypto, tapping on the benefits of the technology and, most importantly, keeping up.
With the expansion of NFTs, the field is skewed for gamers–folks who are already enjoying massive discounts from cryptocurrencies. There are tons of benefits creating a complementing, virtuous cycle where the gamer and the platform win.
It is why Trade Race Manager has emerged as one of the most interactive and lucrative gaming and trading platforms incorporating exciting blockchain features—more so NFTs.
Introducing Trade Race Manager (TRM)
The Trade Race Manager is, first and foremost, a play-to-earn NFTs trading game that’s actively fusing gaming and trading, releasing various avenues for users to earn rewards developed by the Slovakia-based QORPO team.
Notably, the game is powered by IOI Corporation, tapping on NFTs, and rides on the Polygon blockchain. Besides, they have received funding from several crypto funds, including DAPP Stats, DappRadar, Ignition, GBV, and others.
Gamers can play with NFT cars specifically for racing through this gaming platform. These modified and specialized race cars use crypto as virtual fuel. The vehicle with the best performing crypto-fuel stands a chance to win prizes.
What’s important about the rise of Trade Race Manager is its demonstration that the success of NFTs doesn’t necessarily have to be through high ticket art sales. Instead, the ordinary user, for example, in gaming—which is well adopted—can make the sphere exciting and valuable.
Besides, the play-to-earn game does a wonderful job of accelerating the adoption of cryptocurrencies. Statistics reveal that blockchain gamers are more likely to own cryptocurrencies than non-gamers. What’s more, the revenue streams earned from rewards create even more economic opportunities away from the quite complex DeFi or fast-moving cryptocurrency trading. By just racing, anyone stands a chance to make money.
Statistics reveal that the Trade Race Manager (TRM) has active daily users exceeding 55k. Their decision to incorporate NFTs and cryptocurrencies in gaming demonstrates that despite their existence in the digital realm, virtual assets do have utility in the real world.
Unique, the TRM game, according to the IOI Corporation, the developer, is designed to bring unlimited rewards to the user through their play-to-earn mechanics. Central to the TRM gameplay is, as mentioned earlier, NFTs. With the incorporation of NFTs, users would readily trade these in-game assets while concurrently enjoying crypto trading.
The platform incorporates several income-generating activities in TRM to spark activity and maximize reward distribution. For instance, a gamer can receive staking rewards with NFTs, profit as an affiliate, trade NFTs on linked external marketplaces like OpenSea and Rarible, or even receive more bonuses as a premium member.
How to Win Rewards in Trade Race Manager (TRM)
Getting started is easy. Once logged, a gamer can play a free race or subscribe for a premium NFT race.
As mentioned earlier, premium races tag more bonuses and thus rewards. Once they have decided, the player proceeds to fuel their car with a cryptocurrency of their choice before racing. It should be noted that the chance of the car winning in any race depends on the real-time performance of the crypto-fuel used.
In any case, the top 10 racers in any race will earn IOI tokens. Winnings vary from 0.2 IOI to 12 IOI tokens—depending on ranking where the most skilled and savvy crypto trader wins more tokens. The IOI token is the IOC Corporation’s native currency listed at several centralized and decentralized exchanges.
Since these tokens can be swapped for other coins and cashed out, it acts as a link between the digital and physical world, rewarding racers’ skills. Furthermore, the IOI token is interoperable, available in different platforms, including Polygon, the Binance Smart Chain (BSC), and Ethereum. Premium subscribers with NFT cars qualify for more racers and, as above, the ability to make more money through IOI rewards.
Gamers who choose to stake the IOI token can earn by choosing from an exhaustive list of high-value NFTs available on connected and supported marketplaces. The longer a player stakes their IOI tokens, the more their rewards. To illustrate, users who stake 10k IOI tokens receive 150 cybercash—cash with real value– daily with a winner potential of around 1 to 20 daily, among other perks.
Meanwhile, affiliates can earn from game turnover rewards, NFT purchased rewards, and staking rewards. On the other hand, traders can earn rewards using the platform’s trading view tools. There is an added from smart copy trading tip—suitable for beginner traders without any technical analyses skills, or from flipping NFTs—where a player can purchase from any of the three categories of racer, car, or team—suitable for premium subscribers.
IOI Tokenomics
There is a maximum supply of 37.5 million IOI tokens, of which only 20 percent was reserved for the team.
At the time of writing, each token changes hands at around $2.3 and is available for trading at various exchanges, including KuCoin, Uniswap, QuickSwap, PancakeSwap, and Gate.io.
According to TRM, 50 percent of their monthly revenue is plowed back to prize pools, 25 percent goes back to the IOI buy-back program. The remaining 25 percent is channeled to their affiliate program.
Presently, the TRM project has a market cap of $16.8 million.
Trade Race Manager (TRM) Catalysts
- The blockchain game industry drew revenue of over $321 million in 2020 alone–and this figure is expected to rise. Trade Race Manager is relatively undervalued compared to the market size, an opportunity for IOI traders.
- Already, the project has more than 55k users across the globe. This alone shows how popular the game is and how IOI and NFT holders can benefit, earning more rewards from trading, affiliate programs, and even staking.
- Trade Race Manager is a product released by a competent, experienced team. Their expertise will go a long way in defining and guiding the project’s success.
- Established and reputable global crypto funds back TRM. Their interest alone and listing at leading exchanges like KuCoin are enough testaments of the project’s potential.
- TRM is relatively liquid and multi-chain, existing in scalable and low-fee blockchains of Polygon and the Binance Smart Chain (BSC). The combination of liquidity and low transaction costs combine to benefit the gamer.
- The TRM Play-to-Earn model with unlimited rewards is a big draw for gamers who want to make money from their passions. This stands to benefit IOI, a token that’s central to the platform’s operation.
- TRM has incorporated a buy-back program where 25 percent of their monthly NFT sales revenue purchases the token from the secondary market. This is positive for token holders, going a long way in propping the token in periods of tumultuous price action.
- Compared to other projects with billions of tokens, there is only a maximum supply of 35 million IOI tokens. From the TRM tokenomics, only 20 percent of this has been allocated to the team.
- There is decentralization and power diffusion in the sense that IOI holders can participate in governance in TRM2—which is currently in Alpha testing. Additionally, they will receive fee reductions when transacting—either crypto or NFTs trading.
- The TRM team continues to build, recently releasing the CyberTrade, an in-built 3D Unity engine. The game has garnered an enormous following and is praised for its hugely competitive design.
- That TRM supports crypto and NFT trading creates even more, earning opportunities for traders and collectors. NFTs can be swapped at the platform’s internal marketplace or via linked third parties like Rarible and OpenSea.