Run, NFT, Run: Elite Token Unveils NFT Drop And Game
Elite Token has released the nonfungible token (NFT) and beta version of the “Runiverse,” a gamified investment and play-to-earn platform. The new offering is compatible with the most prominent metaverses, allowing users to compete in the crypto currency market.
The Runiverse is a “double or nothing” game, with a $5 minimum bet and the chance to win the entire pot of $10, minus a 5 percent commission split among the owners of the NFTs involved. NFTs receive 5 percent of the overall prize pool in each game.
Users conduct short trades and bet cryptocurrencies against one another based on market performance between 30-second periods. The digital currencies are represented by “Runners,” NFT skins that compete with one another.
A player can either gamble on a cryptocurrency and receive a payout if it wins or get a percentage of all the winning races’ earnings by the currency that their NFT represents if they own a Runner NFT. Quickswap and Binance provide real-time Oracle data for the game.
Gianluca Vacchi, an Italian multimillionaire stock magnate turned DJ, is the co-founder of Elite Token.
Every competition is held on NFT “Tracks” using the “Runners.” Every time one of these NFTs is utilized as a Track or the Runner is chosen by a player, the owner is rewarded with thousands of dollars potentially at stake. People can try out the game in beta on the Runiverse website, and they can earn real cryptocurrency.
Elite Token’s early-access whitelist NFT sale began Friday morning, giving early birds the opportunity to acquire a special price and secure a limited edition “Winning Emotes” NFT before the public sale begins. The sale was set to begin with “Emote NFTs,” which will be offered in numerous rounds. These non-functional aesthetic NFTs will add special effects. The first set will feature a variety of dances as well as previously unreleased DJ soundtracks. The $ELITE token’s Emote dances are inspired by co-founder Vacchi’s viral beach dance.
“When the founders of the Runiverse asked me to reproduce my dances from Instagram and TikTok for their project, I was fascinated by the idea of connecting a set of collectibles with current trends in the metaverse,” Vacchi said. “Giving a second life to my dancing was really enjoyable, and I also had a lot of fun wearing the sensor suit to faithfully reproduce them.”
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