The gaming industry is expanding aggressively, thanks to blockchain-based play-to-earn (P2E) games that have become popular in recent times. Now more than ever, millions of people are spending their time playing games and engaging in the metaverse because, unlike in the past, they get to earn monetary rewards while gaming.
The use of non-fungible tokens (NFTs) in these games allow gamers to gain irrefutable ownership of in-game assets and monetize them inside the games’ ecosystems.
Today, there are hundreds of P2E NTF-based games on different blockchains offering gaming opportunities to earn high rewards, but DarleyGo was the first to launch a mythical-based NFT horse racing game on Solana.
About DarleyGo
DarleyGo is a blockchain-based NFT horse racing gaming platform that promises to offer players a real-life gaming experience. DarleyGo combines horse racing with a mythical game lore to give players new and quick adventures with different earning opportunities.
The game uses several real-world horse myths to create an engaging experience. Players can buy, collect, race, and breed NFT horses on the platform. DarleyGo’s gameplay is centered on three modes – racing mode, training mode, and breeding mode.
In the racing mode, players can participate in various top local and global racing events. Gamers in this mode have access to bigger prize pools as they progress and can play all day with top-notch 3D modeling and live streaming services.
Using the training mode, players can learn more about the unique abilities of their horses and earn character badges. In the breeding mode, gamers can breed their horse NFTs to create more unique horse breeds.
As an incentive to keep playing games and expand the ecosystem, DarleyGo rewards players using in-game tokens and several other in-game digital assets and benefits.
A Closer Look Into Token Dynamics
The project uses a dual token model, meaning that it has two tokens – DGE and GXE – that serve different purposes. The team believes a dual token model will play a huge role in the development of the platform.
DGE is the governance token of the DarleyGo ecosystem. The token gives holders the power to vote on certain decisions that could affect the project’s future. DGE is also used for staking, breeding, and other special rewards.
GXE, on the other hand, serves as the ecosystem’s transactional token. meaning players use it for every transaction within the platform. GXE is used for transactions such as prize pool rewards, race entry fees, mission, breeding, and in-house marketplace.
DarleyGo Raises $1.6 Million
DarleyGo recently completed an initial DEX offering (IDO) for its governance token, DGE, in an effort to push for the growth of its ecosystem. The token sale was quite a success, despite recent unfavorable market conditions and other technical issues.
The project raised nearly $1.6 million in the IDO from investors who were keen on joining the DarleyGo ecosystem. DGE is currently trading on Raydium, an automated market maker (AMM) and liquidity provider built on the Solana blockchain.
The team is also working on making DGE available on other centralized cryptocurrency exchanges and DEXs where traders can buy and sell the token.