CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • CryptoPotato Crypto Fund
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • bitcoin
    BTC$22,801.00
  • ethereum
    ETH$1,565.60
    • Market Updates
    • BTC Analysis
    • ETH Analysis
    • XRP Analysis
    • Interviews
    • Opinions
    CryptoPotato
    CryptoPotato
    • Crypto News
    • Margin Trading
    • Guides
      • Bitcoin & Crypto Guides 101
      • Bitcoin For Beginners
      • Editorials
    • DeFi & NFT
    • Buy
    • Language
    • Crypto News
    • Bitcoin For Beginners
    • Cryptocurrency Guides 101
    • Editorials
    • Bitcoin & Crypto Margin Trading
    • DeFi & NFT News
    • Bitcoin Price Analysis
    • CryptoPotato Crypto Fund
    • Ethereum (ETH) Price Analysis
    • Ripple (XRP) Price Analysis
    • Market Updates
    • Interviews
    • Buy Bitcoin with Card
    Home » Press Release » KingSpeed Reveals Huge Backers Following a Successful Private Round of $1.2M

    KingSpeed Reveals Huge Backers Following a Successful Private Round of $1.2M

    Author: Press Release

    Last Updated Nov 28, 2021 @ 08:34

    [PRESS RELEASE – Hanoi, Vietnam, 26th November, 2021,]

    With 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.

    Just 2 days earlier, KingSpeed closed their strategic and private round, securing $1.2 million in total investment. The project is supported by reputable partners in the market today and have been confirmed by some big names such as: Dext Force Venture, Basics Capital, Kyber Alumni Fund, Au21, Maven Capital and more. These strong partnerships will be essential for KingSpeed in the upcoming plans, with a lot of development is promised to be applied into the game. Collaborations with such big players in the industry will support the project on their objective of expanding their NFT market segment, which is expected to see 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. It gives us peace of mind to invest in research and development to deliver the most polished product to the community. We are very grateful to our investors who have always supported us in every way”.

    KingSpeed Features and Game Modes

    KingSpeed aims to combine both Free-to-play and Play-and-earn models into their gaming system, allowing everyone to start playing the Kingspeed game without having to pay a large amount of money to acquire NFTs at the beginning. They give all users the ability to claim and use a simple & generic NFT car with the same basic statistics. Players can buy, sell and trade or even can put their unused assets for rent to generate passive interest. Players who want to experience new, rare, or strong NFTs but can not buy it may rent the NFTs for a period of time.

    KingSpeed provides gamers with 4 different modes to choose from, including Time Trial, Multiplayer Race, 1-1 Race Mode and Daily Quest. Players also can use a Prediction system to forecast against another player before the race. When the race ends, the player who correctly predicted the winning car will win all of the tokens.

    Kingspeed and KSC Token

    Since the NFT gaming industry is growing and changing the traditional approach, KingSpeed now is more than just a game but a way for players to actually earn from their efforts. 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. Apart from the main use as a currency, $KSC can be staked in our system in order to receive rewards.

    Major Upcoming Development

    KingSpeed is expected to release the NFT Car, Staking System & Web game this December, along with the Marketplace publishing. Next year, their main focus will be releasing the Prediction and Renting system, along with the Mobile version of the game.

    About KingSpeed

    KingSpeed is inspired by the idea of The Apocalypse, when the weather becomes more severe in the future with extreme phenomena like earthquakes, tsunamis, volcanic eruptions occurring frequently. KingSpeed’s race tournaments are held to find the best and most fuel-efficient cars that can withstand different weathers and terrains. King Speed is a Free-to-play and Play-to-earn blockchain-based racing game where players use NFT cars and equipment to challenge other players in a huge and ever-expanding racing world that we created. In Kingspeed, users can collect rare virtual items including Cars, Characters, Gears, and Race Tracks. The player can use their collectibles to join the race, compete and earn rewards & will be able to claim one free common car to start playing the game.

    KingSpeed’s core team is full of faces in the gaming, blockchain, art design, crypto and marketing industries with many years of experience and they are now combined together with the vision turning KingSpeed into a lifestyle for the people that have passion for blockchain game and of course, racing.

    SPECIAL OFFER (Sponsored)
    Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

    PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.

    Enjoy reading? Share with your friends
    Facebook Twitter LinkedIn Telegram

    About The Author

    Press Release
    More posts by this author

    CryptoPotato press release service.
    CryptoPotato has no responsibly on any content published as Press Release. The content is provided by the publisher. If you would like to submit a new press release - please contact us.

  • bitcoin
    BTC$22,801.00
  • ethereum
    ETH$1,565.60
  • Join Our Community

    FacebookTwitter YouTubeTelegram


    Editorials
    How Long Will the Ethereum LSD Narrative Last? Talking 2023 Trends with Nansen’s Martin Lee

    How Long Will the Ethereum LSD Narrative Last? Talking 2023 Trends with Nansen’s Martin Lee

    Everything That’s Going on With Pi Network: From Start to Latest Controversial Listing

    Everything That’s Going on With Pi Network: From Start to Latest Controversial Listing

    What is Ethereum Liquid Staking and Why It Is Crucial As Shanghai Upgrade Approaches?

    What is Ethereum Liquid Staking and Why It Is Crucial As Shanghai Upgrade Approaches?

    The Lesson in Alameda-FTX About Government Regulation and Crypto (Opinion)

    The Lesson in Alameda-FTX About Government Regulation and Crypto (Opinion)

    5 Bullish and 2 Bearish Cases for DeFi Going Into 2023 (Opinion)

    5 Bullish and 2 Bearish Cases for DeFi Going Into 2023 (Opinion)

    From Google and Microsoft to Binance: Interview with Head of Product Mayur Kamat

    From Google and Microsoft to Binance: Interview with Head of Product Mayur Kamat

    13 Biggest Crypto Scandals and Controversial Stories of 2022

    13 Biggest Crypto Scandals and Controversial Stories of 2022

    Join Our Newsletter
    Become a CryptoPotato VIP
    One Weekly Email Can Change Your Crypto Life.
    Sign-up FREE to receive our extended weekly market update and coin analysis report
    We NEVER send spam. You can unsubscribe at any time.
    Invalid email address
    Thanks for subscribing!
    Footer Logo
    About
    Advertise on CryptoPotato
    About Us | Contact Us | Careers
    Editorial Policy
    Terms of service | Privacy Policy | GDPR
    More Sections
    IEO List | Evaluations
    Airdrops
    Scholarship
    Disclaimer
    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
    © Copyright CryptoPotato 2016 - 2021
    Scroll to top
    One Weekly Email Can Change Your Crypto Life.

    Sign-up FREE to receive our extended weekly market update and coin analysis report

    We never send SPAM. You can unsubscribe at any moment
    Invalid email address
    Thanks for subscribing!