- Shiba Racing Team, a motorsport-themed P2E Shiba ecosystem game, is launching its first NFT collection.
- The game developers are also planning to launch a second collection of NFTs that will fulfill the game’s launch requirements.
The Shiba Inu (SHIB) ecosystem welcomes another bullish move. Shiba Racing Team, a motorsports-based play-to-earn game, has announced the launch of its Genesis Non-Fungible Token (NFT) collection.
The game developers announced details of the collection in an official release. According to the publication, the collection was inspired by the Shiba Inu token and Formula 1 racing elements. It has 9,990 unique NFTs based on the ERC-721 standard on the Ethereum network.
Each piece in the collection is a variant of one of the five motor racer characters in the playable Shiba Racing game. These include Ace (The Shiba Inu), Max (The Bull), Char (The Dragon), Milo (The White Tiger) and Bubbles (The Bear).
The digital artworks will also feature various features including goggles, headgear, backgrounds, fire suits and more.
The NFTs will add value to the game and add real value to their collectors’ portfolios. The release indicates that the NFTs will allow collectors to earn steady income from the game’s P2E opportunities. It added that the NFTs will facilitate the player versus player game model.
“While the Metaverse can host new innovations and advancements, the gaming industry’s strong presence in the Metaverse is outstanding and we strive to provide a better and more immersive racing experience by bringing our carefully crafted NFTs to market,” said Jason Scoby, Founder of the Shiba Racing Team the statement.
Meanwhile, the publication also notes that the Metaverse game will be releasing a second NFT collection featuring supercars as NFTs. When this launches, players can try different combinations of racers and supercars. You can also participate in Grand Prix tournaments that the Metaverse game plans to organize to win exciting prizes.
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Shiba Inu gaming ecosystem is gaining momentum
Shiba Racing Team isn’t the only Metaverse game to have welcomed the Shiba Inu ecosystem. Back in October, Shiba also saw the launch of Shiba Inu Eternity, a trading card game.
The launch of several games is optimistic for the Shiba ecosystem GameFi utility. This has already made significant strides and currently includes Shiboshis (an NFT collection), ShibaSwap (a DEX), and BONE and LEASH (a governance token).
It also offers multiple liquidity pools and fundraisers for the Shiba Inu Rescue Association. Meanwhile, it is also preparing to launch Shibarium (a Layer 2 scaling network) and SHIB:The Metaverse, a Metaverse platform.
SHIB, the memecoin powering the ecosystem, is currently trading at around $0.0000086, down 0.62% over the past 24 hours. However, the bullish developments in the ecosystem could see the token surge to new highs as the token gains utility. In addition, SHIB is also experiencing real-world acceptance, which also hints at a bright future.
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