Dragon Kart Raises $1.1 Million For 3D Play-to-Earn Battle Racing Game

Dragon Kart, an innovative 3D play-to-earn battle racing game built on Binance Smart Chain (BSC), has announced the successful closing of an oversubscribed $1.1 million funding round. The raise was led by Bigcoin Capital and LuaVentures, with participation from TomoChain, Signum Capital, NGC Ventures, Shima Capital, AU21, Kardia Ventures, LaunchZone, VBC Ventures, BSC Station and individual investors from Digital Strategies and Everse Capital. Dragon Kart combines interactive gameplay with DeFi and NFTs to offer users a free, fun, and skill-based opportunity at earning rewards for their performance. Dragon Kart’s gameplay includes racing battles including PvC, PvP, and tournaments. The characters in the game are taken from a Pikalong comic series by well-known Vietnamese artist Thang Fly, who boasts an impressive 1.4 million followers on Facebook. Pikalong is a staple in Vietnamese culture, having been read by millions of households and now being front and center in Dragon Kart. The company’s native token, $KART, will be built on BSC and be used for all DeFi activities such as staking, farming, and lending. $KART tokens are used as the payment fuel for all transactions on the NFT Marketplace. For token holders with an increasing amount of locked tokens, they will benefit from a higher rating/ranking to open valuable NFTs. In the future, the platform will charge players with $KART tokens for NFT renting services. BSC will help ...