Need for Turbo

Februari 21, 2022

NFT Metaverse Racing Game

Introduction

Recently, digital works ownership assets such as photos, videos, or other virtual works are widely sold in the form of Non-Fungible Tokens or NFTs. Digital assets in the form of NFT will have a "digital certificate" that signifies the authenticity of the asset even though there are many copies circulating in cyberspace. An example is the first tweet that was uploaded by the CEO of Twitter, Jack Dorsey. The tweet was auctioned in the form of NFT and sold for around Rp. 42 billion.

Works sold in the form of NFT will be recorded on the blockchain. Blockchain is a kind of digital “ledger” similar to the network that supports Ethereum, Bitcoin, and other cryptocurrencies. Now, NFT is not only used to sell digital assets. The use of NFT has penetrated into the realm of gaming which is used by gamers to earn income through NFT games. What is NFT Gaming NFT Gaming is an attempt to earn crypto money by playing games or often called play-to-earn.

The "play-to-earn" movement is a recent phenomenon in the gaming industry. NFT game players will collect in-game assets or prizes which can later be converted into real cash. In the game world, NFT assets will be exchangeable or even in the form of virtual currency. Later, the crypto currency can be exchanged again for real money on the exchange platform that supports the game.

Currently there are many game titles that fall into the NFT game category, one of which is Need for Turbo.

About

Need for Turbo is Multichain Play To Generate NFT Metaverse Games . Metaverse is something that netizens have been talking about for some time. What is Metaverse? As reported, recently the founder of Facebook Mark Zuckerberg changed the name of the parent company Facebook to Meta and created the Metaverse. Facebook founder Mark Zuckerberg wants to create a virtual world that combines Virtual Reality and Augmented Reality technologies through Metaverse.

AR or augmented reality is a technology that combines two-dimensional and or three-dimensional virtual objects into a real environment and then projects these objects in reality in real time. While virtual reality (VR) is a technology that is able to create simulations. This simulation can be similar to the real world, such as the atmosphere when the user walks around a place. So what exactly is the Metaverse? Check out the explanation of the Metaverse in the following article.

Metaverse is a concept of a virtual world where one can create and explore with other internet users in the form of his own avatar. Summarized from the official Instagram account of the Ministry of Communication and Information Technology, people can work, meet, play with virtual reality headsets, augmented reality glasses, or other devices need for turbo is a very relevant game, this game is based on ethereum network and binance smart chain.

You can drive alone or build a team and increase your chances of winning. Play single player mode to test your skills, play with your friends in private rooms or take part in public tournaments against other racers to climb the rankings and earn Need for Turbo Coins (NFTC). Spend NFTC customizing and tuning your NFT based avatars and karts where some of the spent tokens go back to the emission pool to be earned again by players in tournaments

Need for Turbo Coin goes through two phases. In the first stage, the development stage, a 10% fee is charged for each transaction on Uniswap and PancakeSwap. 40% of the fee is distributed to holders (Auto Reflect) which leads to greater incentives to get other investors. 30% is automatically burned, thereby increasing the liquidity ratio (Auto LP) and price. 20% is reserved for marketing (ads, campaigns, contests, giveaways/airdrops, and listings) and the remaining 10% goes to the development wallet to cover costs (employees, audits and servers). In the utility phase, the NFTC becomes the only utility token for the racing game Need for Turbo, fees are removed and the token is officially launched on a centralized exchange. Since we are raising funds during the build phase, we are not reserving the NFTC team share, instead we are distributing all tokens in a pre-sale. The total supply of NFTC is not determined before the launch as there are no soft or hard limits and there are no limits for the presale, the full amount of USD collected during the sale in each chain is added as liquidity and determines the number of tokens to be minted. LP tokens are time locked which allows us to migrate liquidity in the future but not without investors noticing it.

Tokenomics

Need for Turbo Coin passes two phases. In the first phase, the building phase, a 10% fee is charged on every transaction on Uniswap and PancakeSwap. 40% of the fee is distributed to holders (Auto Reflection) which leads to an even bigger incentive to get other investors on board. 30% is automatically burned, thus increasing the liquidity ratio (Auto LP) and the price. 20% is reserved for marketing (advertisements, campaigns, contests, giveaways/airdrops and listings) and the remaining 10% goes into the development wallet to cover costs (employees, audits and servers).

Conclusion

The Origin of NFT Assets Prospective buyers must pay attention to the origin of NFT assets, starting with who the creator is, what and how the works are made. If the creator is a well-known artist, then the NFT assets you buy will be more valuable and expensive over time.

Personal Taste Subjectivity and individual preferences play a role in determining the value of the NFT. There is always the possibility that users simply like NFT for a number of reasons, for example outward appearance and aesthetics, personal connection, relevance of NFT applications, or connection with a related project.