Penguin Karts is launching on NFTPad
A battle-racing 3D multiplayer game built on the Blockchain.
IGO Launching 22nd of March
We are thrilled to announce that Penguin Karts will be launching on NFTPad!
In Penguin Karts players can race against each other earning NFTs along the way that can be used in game or sold at the in-game marketplace. It even allows spectators to place bets on their favorite drivers in the Penguin e-Sports Lounge. In addition, the platform’s player-friendly tokenomics strives to create a sustainable NFT economy by facilitating the exchange of NFTs and other digital collectibles in the Penguin Karts marketplace.
The gaming, as well as the NFT landscapes, are growing exponentially. Penguin Karts has taken a unique approach leveraging both the technology and the communities from Ethereum and Fantom. With this merger of two blockchains through EVM compatibility Penguin Karts aims to create a highly profitable gaming ecosystem with NFTs as its central core. At present, the NFT trade volumes exceed $23 billion, and close to 41% of that comes from gaming NFTs (Forbes, 2021). Furthermore, the NFT sector Is rapidly growing, and experts estimate it to cross the $256.97 billion mark by 2025 (Techjury, 2021).
The Penguin Karts ecosystem will attract gamers, NFT traders, and gamblers. The platform has an NFT marketplace where players can buy and sell 3D useable in-game NFTs like Penguins with personality, customized kart skins, swag to deck out your ride, weapons to slow down your opponents, and assorted other goodies. The 3D NFTs in-game can be bought and sold using the PGK token, the native token for the Penguin Karts game. In addition, spectators can track their favorite drivers and wager on who will win in the e-sports book lounge.
The race tracks open for the public the try in the open beta by the end of Q2 and yield farming with competitive APRs will be released at the same time. In Q3 Penguin Karts adds new race tracks every 2–4 weeks, as well as mobile gaming for tablets and phones.
Join the Penguin Karts Community now!
Penguin Karts IGO Details on NFTPad
Network: Fantom; raise on BNB Chain in BUSD
Total Supply: 200,000,000 $PGK
Initial Market Cap: $117,657
NFTPad Sale Date: March 22nd, 2022, 11:00 AM UTC
NFTPad Allocation: $47,500
IGO Price: 25 $PGK per 1 BUSD
Vesting: 10% at TGE, 1 month cliff, then 5 months linear
Token Listing Date: March 23rd
How to participate with NFTPad
Check out the Penguin Karts pool page here.
NFTPad uses a Levels System to determine the amount of Guaranteed Allocation a participant is entitled to. These Levels start from 25k NFTPad being staked in the IGO staking pool and can go up to 400k NFTPAD.
The multiplier assigned to each level calculates how much allocation is provided per a base allocation, which is set once the registration period closes shortly before the start of the raise.
There are also lower lottery levels, starting from 5k NFTPAD which give you a much higher chance of obtaining an allocation when compared to the public whitelist.
You can review and stake into the Levels by clicking here.
The NFTPad site also has a ‘Buy NFTPAD’ button at the bottom which will send you to PancakeSwap to swap for NFTPAD. The User Interface of PCS sometimes doesn’t feed through the contract code, so manual searching is often required.
You may need to manually search for the NFTPAD contract: 0x4a72AF9609d22Bf2fF227AEC333c7d0860f3dB36
If this is the case, click on ‘Select a currency’ and paste the contract to the search bar, then select ‘NFTPAD’ once it pops up.
Staking NFTPAD to access the Pool
Once you’ve got some NFTPAD in your wallet, stake in Levels Page by completing the following steps:
- Approve the interaction.
- Stake number of NFTPAD you want to stake.
Once the pool page opens for Penguin Karts, make sure to register for the IGO so you get your spot secured.
LP Staking Access
You can also access the IGO by staking in the LP staking pool which can be found here.
The Level you have achieved can also be seen on the Levels Page noted above once you have staked.
Registering for the IGO
As mentioned, you will need to register for the IGO to be eligible.
To do so, make sure to register on the Penguin Karts Pool Page:
Participating in the IGO
Once the Raise is live, the Guaranteed Allocation round will last approximately 6 hours, followed by an FCFS round which is only for NFTPAD stakers and whitelisted wallets.
You need to complete three steps to participate:
- Head to https://nftpad.fi/pool/penguinkarts
- Approve interaction.
- Send BUSD.
The Public Whitelist is where non-NFTPAD stakers get the chance to participate in the IGO. Recently there have been over 250,000 participants and over 22m entries in the whitelist, meaning that if you just stake 5k NFTPad and register you will be greatly increasing your chances.
The link for the public whitelist will be shared here once it is live, as well as on official channels.
NFTPad has been founded to aid the growth of the NFT Industry and Ecosystem in a safe and sustainable way. NFTPad allows users to mint NFTs in minutes, auction them or raise liquidity so that they may be traded on AMMs such as PancakeSwap and Uniswap.
NFTPad is empowering digital creators with next-gen tools and services to introduce digital art and NFTs to mainstream collector audience.
The NFTPAD Marketplace, featuring exclusive artist drops, offers investors the opportunity to discover and invest in works by emerging creative talent and gain opportunities for IGO allocations. Collect. Show Off. Invest.
NFTPad is launching on Binance Smart Chain; with a clear goal to be a curated ‘OpenSea’ on BSC.