New P2E Game ‘Graffiti Racer’ by PlayMining Debuts on the Web3 Entertainment Platform

New P2E Game ‘Graffiti Racer’ by PlayMining Debuts on the Web3 Entertainment Platform

Graffiti Racer is a brand-new NFT game on the PlayMining platform that features players’ coloring in characters from an “NFT Sheet” that have traits like stamina, speed, and handling, which are racing skills. 

PlayMining is a Web3 entertainment firm that debuted Graffiti Racer, its most recent addition to the Play-to-Earn (P2E) GameFi ecosystem. Like the other games in the PlayMining catalog, Graffiti Racer enables users to earn DEAPcoin ($DEP) tokens which can be spent on the PlayMining NFT market.

How to Play

For detailed instructions on how to play Graffiti Racer: 

When the characters are colored in Graffiti Racer, they can compete in thrilling races or ranking races. When players get high scores, they are rewarded with DEP points, which can then be used to buy more NFT sheets. In addition to being collectible, the NFTs have playable characters that can level up and rarer ones that have more powerful skills.

Co-CEO and co-founder of Digital Entertainment Asset (DEA) the company behind PlayMining, Kozo Yamada, describes Graffiti Racer’s combination of coloring plus racing as a “brand new kind of NFT game that players are sure to love” and added that the PlayMining games usually appealed to working adults and students who would appreciate the casual, relaxing entertainment amidst their busy schedules.

Combating Financial Inequality in the World of Creative IP

The gaming industry is renowned for siphoning off a substantial portion of creators’ revenues, with other parties such as distributors capturing the lion’s share of the revenue. For example, the main distribution channels, such as Apple, PlayStation, Nintendo, and Microsoft, take roughly 30% of every transaction.

Creating a more equitable system for IP monetization is one of PlayMining’s major goals. 

In order to ensure that the entire platform operates in a totally transparent manner, PlayMining employs blockchain technology and charges considerably more reasonable fees. This is visible in the PlayMining NFT market, where purchases are tracked on the blockchain and royalties are distributed to both official IP owners and fan artists. To date, the marketplace has paid out over SG$9 million in royalties and housed artwork from over 100 creators.

PlayMining Platform Offers Competitive Edge for PlayandEarn Games

PlayMining innovatively provides a competitive edge for games released on its platform, with DEAPcoin being the first and presently only P2E token approved by Japan’s Financial Service Agency. DEAPcoin has several use cases on the PlayMining NFT marketplace, which frequently features NFTs from well-known authors and artists. For example, the developers of the well-known Japanese video game and anime titles Fairy Tail, Final Fantasy, and Dragon Quest have all had their works featured on PlayMining.

DEA’s other co-CEO and co-founder, Naohito Yoshida, calls for more “competition in the space” to drive “mainstream awareness of NFT gaming” in Japan and beyond. In addition to the just-released Graffiti Racer, other games including Job Tribes, Cookin’ Burger, and Menya Dragon Ramen are other existing P2E games available on the PlayMining platform that are excellent for casual gamers. The first externally developed game on the PlayMining NFT game platform is Menya Dragon Ramen, which Fly Penguin Studios released at the beginning of October 2022. PlayMining is notable for providing a multi-featured online ecosystem where independent game developers can create new intellectual properties (IPs) supported by a strong NFT market and an anticipated metaverse feature.

Follow PlayMining for more information on their Website, Discord, Twitter, Facebook, and Youtube.

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