Web3 Track Rookie: Ride to Earn's BikeRush Emerges

From the instant explosion of Play-to-Earn's Axie Infinity, to the new gold mode that has sprung up like mushrooms after a rain, X to Earn has become a new trend that dominates the GameFi track. On the other hand, cryptographers say that calling cryptocurrencies "Crypto" is a poor choice, playing a game that is out of touch with reality. In fact, as the first Ride to Earn NFT game on the BSC chain, BikeRush pragmatically changes real life and quietly promotes a new round of evolution of GameFi on the Web3 track.

Web3 track rookie BikeRush was born

The occurrence of major events will always spawn N parallel universes. A new crown epidemic seems to have lowered the temperature of the "fever" earth, and people's life, work and entertainment have begun to migrate from reality to virtual context. Nike collaborated with the "Roblox" platform to launch a virtual world called "Nikeland"; Adidas launched the "Into the Metaverse" NFT series of clothing, which sold out and sold more than 23 million US dollars. In fact, while many fashion brands are making a lot of money in the Metaverse, the demand for sports Web3 projects such as BikeRush has also begun to soar.

By 2030, NFTs will generate 10 billion to 15 billion euros in profits for luxury goods groups
By 2030, NFTs will generate 10 billion to 15 billion euros in profits for luxury goods groups

As a Web3 lifestyle DApp with built-in Game-Fi and Social-Fi elements, BikeRush is built around one of the world's most popular healthy sports - cycling, and is the first Web3 fitness DApp in Europe that effectively implements the functional Ride&earn concept project. Users equip themselves with NFTs in the form of bicycles. By cycling, racing, and sprinting outdoors, users will receive game tokens BST.

An interesting point: Riding is an integral part of BikeRush's core process, and players must ride in reality in order to receive rewards. With the power of Crypto, in the form of Game-Fi, BikeRush builds a cycling game system rooted in the real world, inspiring thousands of people to be more active in their cycling lives, combat climate change, and bring cycling hobby to life. Users are seamlessly connected to Web3.0, relying on Social-Fi properties to build a durable platform that nurtures users to generate more Web3.0 content.

The epidemic has spawned a new pattern, and BikeRush has grown savagely

As a pair of "twin flowers" comparable to the real world, the Crypto Metaverse has experienced explosive growth against the trend because of the epidemic. This is of course created by the current situation, but it is also what capital is happy to see.

It is reported that Negentropy Capital previously announced an investment of $1.5 million in BikeRush as a seed round of financing for the BikeRush project. This round of financing will be used to accelerate the development and implementation of BikeRush products and the promotion of the global market.

Subsequently, on April 21, the BikeRush team announced the completion of the second round of funding of US$6.5 million. This round was led by Negentropy Capital, followed by Australia's BlockDesk Ventures, Wall Street hedge fund Vingo Capital, and the Middle East Dubai Kasan Amina Family Fund. This round of funding will be completed before the BikeRush product launch, and will be mainly used for R&D team expansion, market promotion, and user Community Building. BikeRush.io will conduct an airdrop of bicycle Mystery box NFTs to community users at the end of April and begin public testing in early May.

With the normalization of the new crown epidemic, people are prompted to think deeply and find more positive ways to deal with their daily time. Behind the "savage growth" of BikeRush is a WEB3 cycling world that is accelerating the transformation of gamification.

Attack on BikeRush: Two-Pronged Token Model

BikeRush adopts a dual-token model. BST tokens are used in the game with unlimited supply; BRT tokens belong to the governance tokens of the ecosystem, with a total supply of 5 billion pieces, which can be used to participate in challenges, pledge, charity, etc.

Similar to Axie, BikeRush has established a dual-token economic model from the beginning of the project, which effectively avoids the game being affected by the rise and fall of governance tokens and benefits from growth. From the perspective of game sustainability, BikeRush game token BST is more important than governance token BRT, and it is something that players often "burn" in order to continue the game.

Once there is demand for BRT, the core game token of BikeRush, bicycle upgrades, repairs, replacements, etc. will prompt the BikeRush token itself to generate a combustion cycle, which can capture demand and increase the value of the token, so that BST can be earned and consumed back and forth, so that the BikeRush game riding is more interactive, fun and profitable.

Make money while riding, BikeRush players don't forget carbon offsets

BikeRush players own NFTs in the form of riding equipment, and by riding in the real world, they earn tokens BRT and BST and exchange them for income. If players want to earn BST, BikeRush's NFT riding equipment is very important. Different riding equipment NFTs have different attributes, and these attributes will directly affect how players get tokens through riding.

While users earn income while riding, BikeRush will collect a small tax to purchase carbon-neutral credits on the blockchain, giving people a way to contribute to curbing global warming. In a sense, it is a wise move to do a good job of bridging the interaction space between the real world and virtual reality, and concede part of the profits to the response to climate change. Of course, this is another story. BikeRush needs to improve the in-DApp BST donation system under development before it can fulfill its promise.

100% of the profit ratio used to purchase carbon offset credits will be voted by the holders of BRT governance token, which also directly translates BikeRush's mission into a shared mission of cycling players.

Adhere to the lowest carbon and simple riding method, so that more users outside the circle can easily enter the world of chain games, participate in the wave of blockchain in the way of Ride to Earn, and no longer become a "gold machine", as a BSC The first Ride to Earn NFT game on the chain, BikeRush pragmatically changing real life, will undoubtedly promote a new round of evolution of GameFi on the Web3 track.

Subscribe to BikeRush
Receive the latest updates directly to your inbox.
Verification
This entry has been permanently stored onchain and signed by its creator.