Home Community Insights Rate That Crypto, DeRace, and Illuvium are reimagining the GameFi system

Rate That Crypto, DeRace, and Illuvium are reimagining the GameFi system

Rate That Crypto, DeRace, and Illuvium are reimagining the GameFi system

We have seen the gaming industry grow at an exponential pace in recent years, and it is expected to trend even higher for the next decade. More importantly, the blockchain industry has grown extremely.

It is no surprise that many companies have had massive development in the blockchain industry, some being games that utilize gaming and finance, like Rate That Crypto, DeRace, and Illuvium.

GameFi is a blend of video games and decentralized finance (DeFi). The video games that are part of GameFi use blockchain technology, which lets players be the exclusive and verified owners of the virtual elements of a game.

Let’s assess how these tokens mentioned above are remaking the GameFi system.

Rate That Crypto (RTC) is developing new use cases within the GameFi space.

Rate That Crypto (RTC) is a token that has not only developed the GameFi industry but is also remodeling it by introducing new and innovative ways players can interact with the tokens on GameFi. An example is using the RTC token as a reward, allocated to top players on the platform for predictions of the price movement of selected cryptocurrencies. It is new to the crypto and GameFi industry.

RTC allows users to easily diversify their portfolio as it is one of the most stable GameFi tokens. The fact that players can make money from the crypto market just by playing a game built on the blockchain makes RTC a very sought-after token. It doesn’t require knowledge about trading or investing.

RTC is already a profitable investment, but the announcement of its presale has increased the attention and adoption of the token by investors. The inevitable success of the RTC presale is bound to establish it as a very successful GameFi token.

DeRace (DERC) is the first on the GameFi platform.

DeRace (DERC) is an NFT gaming platform that uses the Ethereum Blockchain and is built around a customizable virtual horse racing environment. It is the first blockchain-based racehorse game that uses GameFi, combining three multi-billionaire markets, video gaming, gambling, and horse racing.

DERC is the platform’s token used to perform transactions like enrollment fees, NFT, sales, and rewards for playing. DERC can be exchanged for another cryptocurrency used to buy NFT horses and participate in races. It is also a governance token, and holders of DERC can access VIP perks like NFT drops and beta features.

Illuvium (ILV) is bringing real growth to GameFi.

Illuvium (ILV) is a fantasy video game built on the Ethereum blockchain network. ILV is the in-game currency used to reward players for achievements, enabling players to possess a share of the vault. The token is also used for governance. The maximum supply is set at 10 million.

It is referred to as the first AAA blockchain token that addresses some of the problems of the gaming industry, including scalability and a lack of detail. Holders of ILV will be able to trade NFTs with each other with a 0% gas fee, which is revolutionary for the GameFi space. The more the Illuvium community grows, the greater the development of decentralized governance and a self-regulating community that encourages growth to GameFi.

DeRace (DERC) and Illuvium (ILV) are undoubtedly successful projects, but they are known to have peaked in their innovative influence on GameFi. Nevertheless, the Rate That Crypto (RTC) token is still in its early stages of integration with the GameFi system. It plans on more expansion, which will bring profitable opportunities to investors. It makes the RTC token a must-have in the presales.

>>> Buy Rate That Crypto Now <<<

For the latest news on Rate That Crypto check out the RTC Discord Server and join the telegram group.

 

For more information on Rate That Crypto visit the links below:

Presale Website: www.ratethatcrypto.com

Linktree: https://linktr.ee/ratethatcrypto

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