2 years ago
PRESS RELEASE. Formula One is 1 of the top sports successful the satellite and brings astir the champion automobile teams which vie for the rubric yearly. From the racing tracks successful Spa to the roads of Monte Carlo successful Monaco, Formula One has developed into a billion-dollar manufacture with teams and drivers boasting a cult pursuing globally.
The narration betwixt Formula One and the blockchain manufacture has grown successful caller years. In portion owed to the increasing adoption of crypto and blockchain technology. Crypto.com made a important splash erstwhile it was announced arsenic a Global Partner of Formula One successful 2021. They are not alone. Binance, FTX, Velas, Bybit, Tezos and memecoin task Floki person established partnerships wrong Formula 1.
The familiarity betwixt Forumla 1 and blockchain companies demonstrates the acceleration of user adoption of blockchain and crypto related products and services. Where Shell, Hewlett Packard and Coke erstwhile stood, cryptocurrency exchanges, harware wallets and blockchain protocols present pb the way. The occurrence of caller concepts similar NFTs has besides inspired Formula One teams looking to summation user engagement done constricted paper collections that supply exclusive contented and entree for fans worldwide.
Opis Group and OpiPets took portion successful the Monaco NFT and Swim week league which took spot during the Grand Prix weekend. As 1 of the oldest and astir prestigious dates connected the F1 calendar Monaco played location for a hive of blockchain related activity.
OpiPets, a Free Play-to-Earn task and sister institution Opis Cloud showcased their usage cases and merchandise improvement with different palmy projects and tech investors.
Building an innovative P2E ecosystem
Although Play-to-Earn has attracted implicit a cardinal users wrong its archetypal 2 years, majorly owed to its committedness to reward players with crypto and NFT ownership, it is inactive faced with an uphill ascent successful presumption of broader mainstream adoption.
The start-up costs for caller players are a large obstruction to the wide adoption of P2E games. Participants indispensable walk up to a 1000 dollars to begin. Many radical cannot spend to trial it and often respect it arsenic a risky investment. Many players are inactive dissatisfied aft attempting to retrieve their archetypal investment.
Contrary to the archetypal idea, galore alleged P2E games person transitioned into Pay-to-Earn. This is owed to their unsustainable tokenomics which invariably makes them wantonness their archetypal ideals.
OpiPets is 1 of the fewer projects that distinguishes itself from the fashionable model. It’s a escaped P2E online crippled successful which players are rewarded with cryptocurrency and the quality to create, battle, obtain, and commercialized their ain NFT OpiPet characters.
OpiPets uses the P2E conception and focuses connected giving the assemblage existent ownership of assets produced and integer economies and caller ways to make income.
More developments connected the horizon
The OpiPets squad has continued to enactment tirelessly to importantly trim the adoption barriers that bounds the popularity of blockchain games. It besides plans to motorboat its crippled successful Q3 2022. The crippled is expected to see breathtaking features and products for users to research its ecosystem and get caller assets.
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