• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • Blockchain Week Rome (May 9-10, 2025)
    • Canada Crypto Week, Toronto (May 11-17, 2025)
    • Blockchain Futurist Conference, Toronto (May 13, 2025)
    • ETHWomen, Toronto (May 13, 2025)
    • HODL, Dubai (May 14-15, 2025)
    • Money20/20, Amsterdam (June 3-5, 2025)
    • TWS, Singapore (July 28-29, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
Use €200 discount code CRYP200 to buy tickets to Money20/20 (Amsterdam, June 3-5, 2025)
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

PR: Crypto Racing League and OPEN join forces

April 4, 2018 By Crypto Reporter PR

We are excited to announce the collaboration between OPEN and Crypto Racing League, a racing game that operates on the Ethereum platform.

As part of OPEN’s Developer Program, Crypto Racing League benefits from a streamlined approach to in-game transactions, providing the game with a secure platform for blockchain payments using OPEN Tokens to buy and sell virtual items.

“It is an honor to help the Crypto Racing League team develop an Ethereum-driven economy that provides secure, real-time transactions,” said Ken Sangha, the CEO of OPEN. “Not only does blockchain technology increase the security of in-game purchases, it also lets developers exercise more control over their revenue by cutting out expensive middleman fees.”

Crypto Racing League allows players to purchase and customize cars, which are then used to compete in tournaments and other special races. The more races the player wins, the more cars, collectibles, and rare automobile parts they receive.

Crypto Racing League

The integration of blockchain technology ensures that players’ rewards are stored securely on the distributed ledger. It also provides a platform for users to buy, sell, and trade with each other over the game’s marketplace. Other exciting features of Crypto Racing League include:
– Fully-customizable cars that can be optimized for aesthetics and performance.
– A comprehensive virtual economy where players earn tokens, which they use to purchase loot crates filled with rare upgrades.
– A complex virtual world with different tracks, varying weather conditions, and competitive leaderboards.

The integration with OPEN means that OPEN Tokens aren’t only used to facilitate transactions inside the game, but they’re also airdropped from the developer pool to the Crypto Development League’s business wallet as a means to help finance the game’s launch.

“We chose OPEN as our payment system because of how easy it is to integrate into our game,” said Tian Han, the CEO of Crypto Racing League. “This, combined with the fact that OPEN provides technical support and assistance with implementing the blockchain payment system, meant that we were able to design a virtual economy that was bug-free, secure, and easy to use.”

Crypto Racing League is one of the first games to combine in-chain transactions with off-chain gameplay. This gives players the benefit of the same real-time feedback and participation seen in conventional computer games, along with a decentralized, blockchain-driven payment system that makes buying, selling, and trading safer and more convenient.

About Crypto Racing League: a decentralized racing game on the Ethereum blockchain. Each component of the game (trading, garage, and racing) builds on the other, creating a dynamic and rich gaming experience. Like many other blockchain collectible games, we equally facilitate gamers who solely wish to collect valuable digital assets as well as those who wish to experience full gameplay. More information available at www.cryptoracingleague.io

About OPEN: The OPEN Platform bridges the gap between traditional application developers and the blockchain world. By providing standardized tools that interface the two architectures, developers can realize the benefits of cryptocurrencies without having to retool their applications from the ground up. More information available at www.openfuture.io

Filed Under: Press Releases

Primary Sidebar

Follow Us

Press Releases

Dogecoin (DOGE) Holders Saw $450 Turn into $50450 Within Months Last Cycle, ChatGPT’s New Pick Could do Even Better

May 9, 2025

Global Crypto Leaders to Converge in Dubai for Historic 30th Edition of HODL

May 9, 2025

Saudi Arabia Leads Middle East’s Fintech Future: Fintech Revolution Summit 2025

May 9, 2025

ZDKL’s “Peace Through Trade” Blockchain Showcases Global Utility at Canada’s Largest Web3 Conference

May 9, 2025

Camp Network, the Autonomous IP Layer 1 Blockchain, Launches its K2 Public Testnet

May 9, 2025

Blockchain Week Rome 2025

Blockchain Futurist Conference

TWS Conference

Money20/20

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter