KingSpeed Reveals Huge Backers Following A Successful Private Round of $1.2 Million -Breaking
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After a successful private round of $1.2 million, KingSpeed has huge backersWith racing, upgrading car parts and trading gears, KingSpeed is more than just a NFT car racing game, it’s also a rising star in the NFTs gaming industry. Today, KingSpeed announced their $KSC’s public sales will start on Tuesday – November 30th on Krystal Go, followed by Game Station on December 1st and Oxbull on December 2nd & 3rd.
KingSpeed had just closed their private and strategic round two days prior, raising $1.2 million total. Dext Force Venture is supporting the project with reputable partners today. These include Basics Capital Kyber Alumni Fund Fund, Basics Capital, Kyber Alumni Fund (Au21), Maven Capital, and many others. KingSpeed will benefit from these strong alliances in its future plans. The game is expected to see a lot more development. These partnerships with major players will help the company achieve their goal of growing their NFT market segment which is predicted to experience tremendous growth.
KingSpeed’s CEO Tuyen Khuc, an experienced software/product manager in Dapp and Blockchain, also known as the CEO of CryptoX Ventures, shares after closing the private round “The initial investment of our investors means a lot to us. This gives us the confidence to continue research and develop the best product for the community. We are very grateful to our investors who have always supported us in every way”.
KingSpeed Game Modes and Features
KingSpeed’s gaming system combines Play-and earn and Free-to play models. It allows anyone to begin playing Kingspeed without the need to invest a lot to buy NFTs. They give all users the ability to claim and use a simple & generic NFT car with the same basic statistics. To generate passive income, players can sell or trade their assets. If players want to try new or rare NFTs, but cannot afford them, they can rent them for a time.
KingSpeed gives gamers 4 options to pick from. These include Multiplayer Race Mode (Time Trial), Multiplayer Race Mode (1-1 Race Mode) and Daily Quest. You can also use the Prediction System to project your predictions against others before the race. The winner of the race will be awarded all tokens to the player who accurately predicted which car would win.
Kingspeed, $KSC Token
KingSpeed has evolved from a simple game to a business model that allows players to make money. KingSpeed Crystal – their own token $KSC, which will be available on Binance Smart Chain, will be used as the main payment currency in the game, such as purchases collections, pays competing fees, upgrades cars and more. You can stake $KSC to earn rewards.
New Major Development
KingSpeed is expected to release the NFT Car, Staking System & Web game this December, along with the Marketplace publishing. The Prediction and Renting System will also be released next year.
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