February 22, 2024 3:45 pm

Fish Finance Reveals New NFT Fish Racing on the Metaverse

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Fish Finance Reveals New NFT Fish Racing on the Metaverse

By Marielle Petere | Wozinga Staff

NFT platform Fish Finance announced a new platform that creates revenue using play-to-earn fish racing on metaverse.

Fish Finance ecosystem consists of GameFi stable coin, GameFi ventures, blockchain auditing, and the GameFi Launchpad. This platform will become the first GameFi to run on Avalanche Network, Lucky Network, and Binance Smart Chain.

According to a press release, “It is a transparent system where everyone can play to earn, predict to earn, Hodl to earn, make a referral, and become team leaders to receive rewards.”

NFT fish racing on the metaverse

“The gaming mechanism comprises a marketplace and fishing rod that enables people to acquire fish,” according to the press release. “Importantly, it offers everyone six ways to play the game and take advantage of the platform.”

Meanwhile, the platform developer said a player must buy a fishing rod by minting non-fungible tokens. “Based on the probability ratio, the purchased fishing rod catches a fish that comes with a certain rarity level,” the statement pointed out.

When players pick fish for their squad, they can select “a particular fish” according to “a certain rarity level”. Also, players must consider the stamina of fish during the race since it is a crucial determinant for winning the race.

“Players can take care of their fish by visiting a hospital or using protein potion,” the announcement stated. “The stamina portion can be bought or farmed in the Fish Finance marketplace.”

Fish Finance rewards using FiFi token

Fish Finance developer has claimed players have opportunities to receive rewards with its “predict to earn” system, as a ticket pool. Users can also join this NFT game by participating in NFT sales using Fish NFT.

“It allows FiFi token users to receive a 10% reward, whereas winners in the game can receive a 15% reward. In addition, there is a fund back to losers in prediction and correct predictors getting rewards.”

“Playing the game through the Fish NFT can participate as P2P or PvP to earn the FiFi token,” the release said. “Alternatively, players can acquire the FiFi token to buy a Fishing rod, protein portion, and a level portion to boost their Fish NFT.”

FiFi token’s total supply is 8,6000,000,000 with 30% allocated for its play-to-earn feature. The statement added that users could play this in-game with a lower price on sales events.

 

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