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Elite Token Announces NFT Drop and Cross-Platform Metaverse Game ‘Runiverse’

Murtuza Merchant
Murtuza Merchant
Murtuza Merchant
Author:
Murtuza Merchant
News Writer
Murtuza Merchant is a senior journalist, having been associated with various publications for over a decade. An avid follower of blockchain tech and cryptocurrencies, he is part of a crypto advisory firm that advises corporates – startups and established firms on media strategies.
January 31st, 2023
  • Users can challenge other players based on the performance of the crypto market
  • Works across metaverses like Sandbox, Decentraland, and Star Atlas

Cryptosystem for mobile content revolution Elite token today announced the NFT Drop and the beta version of the Runiverse, a cross-metaverse gaming platform where users can challenge other players based on the performance of the crypto market, Bankless Times learned from a press release.

The gaming platform works across popular metaverses like Sandbox, Decentraland, and Star Atlas.

The Runiverse is Play-to-Earn and gamified investment. Users do short trades in the application, betting cryptocurrencies against one another based on their market performance within 30-second periods.

How does it work?

The various cryptocurrencies are represented by NFT skins called “Runners” that race against one another. Users can either bet on a given cryptocurrency (someone’s Runner NFT), and get a reward if it wins, or, if a user is a holder of a Runner NFT, they get a cut of all the races won by the cryptocurrency that the NFT represents. The game is based on real-time oracle data from Quickswap and Binance.

The NFT avatars that race in the name of crypto tokens are represented by celebrities like Gianluca Vacchi, an Italian multimillionaire stock magnate turned DJ, who is a co-founder of Elite Token. Elite’s P2E app stands to replace horse betting with crypto racing, and horses with celebrities.

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

Entrepreneur and DJ Gianluca Vacchi

“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. I chose to associate my character with the $ELITE token, a project that I am launching that will integrate blockchain and tokenization with a telco for the very first time ever,” Vacchi added.

Contributors

Murtuza Merchant
News Writer
Murtuza Merchant is a senior journalist, having been associated with various publications for over a decade. An avid follower of blockchain tech and cryptocurrencies, he is part of a crypto advisory firm that advises corporates – startups and established firms on media strategies.