X Rush, a play-to-earn game with a racing and shooting experience. has completed a successful seed funding round This has accelerated the value of X Rush to $10 million, led by KuCoin Ventures, a leading investment firm on the KuCoin Exchange that aims to invest in the project. Cryptocurrency and blockchain in the Web3.0 era
Funding is an important step for most Gamefi projects as additional funding will be available to develop the project. And next month, X Rush has stated that they will work closely with KuCoin and use KuCoin-sponsored resources including marketing. branding Tech support, etc.
The funds received from X Rush are mainly used for market expansion. In order to make the project reach a wider audience, bringing a “play-to-learn experience” to the world, funds will also be used to create a more user-friendly gaming experience.
X Rush will allow players to participate in the fun of the game. While also earning game tokens under the symbol $XOX, the game is operated on the KuCoin Community Chain (KCC20), a scalable, low-fee network. This allows players to purchase in-game items. While smart contracts are also being reviewed by renowned blockchain security firm Certik. The integration between Certik and KuCoin Community Chain (KCC) gives players and investors more confidence while participating in the game.
X Rush Gameplay & In-Game Items
X Rush in-game items come in different types, including XRacer NFT, XCar, XBox(Mystery Box), and XEnergy. Different in-game items have different utilities that will: Value of NFT tokens is determined, with XCars and XRacers being the two main NFT Tokens, where players who own XRacer NFT will be able to earn 50 $XOX per day, earning will be halved every 50 days, and XRacer will be able to use for gaming purposes with various levels and lifetimes
The value of an XCar Non-Fungible Token (NFT) is associated with an XCar level, each XCar is valid for 3 to 152 days and will be canceled at the end of its life. And the tokens will be returned in proportion to the XCar tier. Players who wish to earn X Rush NFT can either mint directly or purchase the Mystery Box, which will contain a large number of random cars. Each vehicle has 3 XEnergy per day to play in PVP and PVE modes, and will automatically refresh every day. And users can also purchase XEnergy with 30 XOX tokens under the KuCoin Community Chain (KCC).
The rise of gamefi has certainly changed the way the gaming industry works in the past decade. By leveraging blockchain, gamers and investors alike have been given a new definition and gaming experience. and change the perspective of many gamers enabling them to enjoy the gaming experience while gaining economic benefits. which in this context Projects like XRush are sure to boost the gamefi economy for players and users around the world.
About X Rush
X Rush is a shooter project powered by the Unity 3D engine and compatible with most web3 wallets. X Rush recently completed a 10 seed round with KuCoin. million dollars and KuCoin will fully support X Rush in marketing, community, IEO/IDO, PR etc to jointly build the next generation of Gamefi and X Rush is looking for a partner for a private round to further strengthen the impact and community
For more information, please visit https://xrush.io/
About KuCoin
Launched in September 2017, KuCoin is a 640+ supported cryptocurrency exchange, currently offering Spot, Margin, P2P fiat trading, Futures trading, Staking and Lending to 10 million users in 207 countries and regions worldwide.
In 2018, KuCoin received $20 million in Round A from IDG Capital and Matrix Partners. According to CoinMarketCap, KuCoin is currently the top 5 crypto exchanges. Forbes also lists KuCoin as one of the top crypto exchanges. Best for 2021 and in 2022, The Ascent named KuCoin as the best Crypto exchange and app.
For more information, please visit https://www.KuCoin.com