Jungle Race joins the Touchpoint Open Builders Program


14 September 2022 13:37, UTC


Studying time: ~6 m

Jungle Race joins the Touchpoint Open Builders Program

In 2020, international gaming audiences spent roughly 54 billion U.S. {dollars} on in-game content material, based on Little surprise that many video games are wanting to combine crypto into their economies, with a brand new era of video games that encourage gamers to earn tokens whereas enjoying video games. Working the crypto markets was by no means this a lot enjoyable.

Neal Peters and Marco Colaco have joined forces as founders of Jungle Race, a platform that provides a collection of NFT racing video games in addition to instruments for builders to construct their very own video games. Having not too long ago welcomed Jungle Race to the Touchpoint Open Builders Program, we’ll let the workforce behind Jungle Race describe it in their very own phrases.

Jungle Race video games mix NFT (sport characters, automobiles and extra will be created, developed and traded) and DeFi ({the marketplace} is fuelled by our native JRG token and the Shimmer SMR token, with extra digital currencies to be supported, whereas staking and liquidity pool farming can be a part of Jungle Race’s utilities). Sooner or later, we need to introduce AR/VR components to permit gamers to work together with one another in a 3D storage, NFT market and gaming enviornment. The Jungle Race platform may also provide instruments for sport builders to develop their very own video games.

Extra about our founders: Neal Peters and Marco Colaco have beforehand collaborated on World Steering Group, a enterprise capital specializing in web3, and individually they’ve expertise in a number of crypto initiatives. We’re collaborating in Microsoft’s [email protected] program that offers us entry to a number of improvement instruments. We’ve acquired assist in constructing long-term tokenomics and been launched to buyers by AscendEx and RainMakerGames, whereas the Oasis Basis and Reef Finance networks are supporting improvement, co-marketing and monetary assist by way of grants.

Jungle Race has three most important aims.

The primary is to resolve the issues that plague crypto gaming, which has been held again from full mainstream adoption by bloated rewards methods, archaic graphics, sludgy gameplay, excessive charges, and complex onboarding necessities. Jungle Race video games ramp up crucial elements of conventional gaming – vibrant graphics paired with enjoyable and thrilling gameplay – to place the main focus again on playability and the most effective end-user expertise.

JungleRace Teaser Video from Neal Peters on Vimeo.

Our second goal is to create worth for all events concerned, together with builders, buyers, and avid gamers. Alongside our video games, we’re providing a platform for use by different sport builders. Builders save treasured money and time by turning to our sport hub for all standardized options essential to construct and launch a blockchain sport, akin to multiplayer providers, blockchain integration (together with multi-chain integration), safety and monitoring, NFT marketplaces, gamefi protocols – fairly than looking for separate events to deal with every of those providers.

Buyers and avid gamers, in the meantime, can be rewarded by a well-balanced tokenomics construction set for sustainable progress. Our token financial system isn’t weighed down by a bloated rewards system that’s the downfall of numerous blockchain video games. As a substitute, we’ve put a cap on the rewards customers can earn only for enjoying, whereas performance-based rewards incentivize gamers to maintain enjoying and carry out properly. We imagine that this dynamic will preserve a sustainable steadiness within the treasury to proceed operations and guarantee long run success. Additionally, our seed and personal buyers could have a considerable vesting interval. This assures our token won’t be dumped proper after launch, and that our buyers belief us in the long run to ship on our roadmap.

Lastly, our third goal is to supply a seamless, visually stimulating and enjoyable gaming expertise to seize a worldwide gaming viewers. Audiences can simply entry Jungle Race because of its multi-chain integration, cross-chain interoperability, and feeless transactions – all made doable by Shimmer and all of which guarantee low obstacles to onboarding.

What’s subsequent? After the discharge of the preliminary sport, Jungle Race Fly, comes the introduction of the sport hub, NFT market, automobile rental system, and staking/farming into the Jungle Race ecosystem, whereas different video games (Jungle Race Boats, Jungle Race Karts, and Jungle Race Run) can be produced in subsequent phases.

Jungle Race video games will depend on the Shimmer community and the $SMR token can be one of many most important currencies to commerce in our ecosystem. Particular NFT containers with Shimmer cosmetics commemorating the partnership can be offered within the first few campaigns, making them uncommon gadgets.

Lastly, after the 4 flagship Jungle Race video games are out, the sport hub can be delivered to market as a standardized turnkey resolution providing multi-chain blockchain integration and tooling on prime of a devoted zero-gas L2 community, giving sport builders the flexibility to effortlessly construct superb video games.”

Welcome to the jungle, we acquired enjoyable and crypto video games! Our because of Jungle Race for the overview: anybody who’s enthusiastic about the way forward for crypto gaming goes to need to preserve a detailed eye on this undertaking. You may be taught extra about Jungle Race at or by following it on Twitter at @Junglerace_.

About Touchpoint

Jungle Race joins the Touchpoint Open Builders Program, providing individuals a neighborhood of like-minded builders, direct entry to funding, consultants, data, and common assist to launch and scale the subsequent era of decentralized purposes and infrastructure on the Meeting and Shimmer networks. You may be taught extra about how Touchpoint works and how one can grow to be part of it right here.

About Shimmer

Shimmer is an L1 innovation community offering the core constructing blocks for a scalable, modular multi-chain structure. Much like the IOTA community, Shimmer is constructed on a UTXO-based parallelized, directed acyclic graph (DAG),  guaranteeing larger scalability than standard Blockchains. On the identical time, Shimmer ensures interoperability and composability of L2 good contract chains, able to connecting any kind or taste of L2 good contract chain anchored to it. With its distinctive tokenization framework, Shimmer will grow to be a multi-asset ledger for feeless minting and switch of native property with out middlemen or crippling fuel charges.

The native token of the Shimmer community is SMR, which serves because the community’s financial spine, facilitating worth transactions and interactions throughout the Shimmer ecosystem. Customers of Shimmer use the SMR token to launch new DeFi purposes, DEXs, NFTs, DAOs, and different dApps.

About Meeting

Meeting is a scalable multi-chain community for sharded, composable good contracts. It’s going to ship flexibility, scalability, and interoperability, and is a great contract community for mainstream innovation and mass adoption. It does so by providing cheap, quick, and safe good contracts, trustless and feeless good contract interoperability, full customization and composability of dApps, compatibility with Ethereum digital machine, and different advantages.

In Meeting, anybody can launch their very own good contract chains with the pliability to customise price and incentive buildings. The chains are overseen by permissionless and decentral dynamic validator committees of nodes that execute and validate good contracts; these validators are assigned to their chains by a root chain by way of a market, and the validators are rewarded with the community’s native token, ASMB.


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