P2E market dominated by “Rug Pulls”, new project announced with renewable NFT card

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NODE ERacing

SEOUL, SOUTH KOREA, Sept. 14, 2022 /EINPresswire.com/ — According to data from CoinGecko and HCT, P2E project HeroCat’s own game coin lost more than 99.9% last week. It appears to have sold and transferred Binance USD (BUSD) stablecoins worth around $151,000 on a large scale. HeroCat has yet to update the audience with any response.

After the infamous Squid game rug pull last year, rug pulls continue to occur in the P2E market. According to the report by Chainalysis, more than $2.8 billion in cryptocurrency damage occurred in 2021 alone. It is a project that is attracting attention in this P2E market. Team NODE’s first Play to Earn game, E-Racing.NODE, incorporates the Renewable NFT concept into P2E.

E-Racing.NODE is a game set in the future, where users race in the car after installing a Sci-Fi car engine NFT. This NFT is scheduled to reappear as a very important factor in growing plants in NODE’s second game, E-Plants.NODE. In the third game, the NFT in the first game and the NFT in the second game are both renewable. The game is also designed to benefit users beyond ease of use. This indicates that the project will continue and at the same time provides a large economy. As a result, there is finally a solution for anxious individuals who hold NFTs, which became data fragments due to a carpet pull or inflation, a reason to deviate from the pattern that only aims to make money on P2E. The meaningful playing of holders is not over there. It has a system that contributes to the environment just by enjoying E-Racing.NODE.

Because universal damage from abnormal weather is severe due to global warming, a certain portion of each in-game commission will be spent on funding and donations to support zero-carbon companies. The E in NODE basically means “Eco”.

Their final roadmap is directed to a NODE metaverse where NFTs and tokens obtained from all these games are useful. In the future planned NODEVERSE, unlike the existing metaverses, many elements that can be combined with reality will be added in large quantities. They also reward loyal holders who have been with NODE from the beginning with greater benefits than users who join after the metaverse is created.

If the amount of coins in the market is enough for new entrants to digest, the expected lifespan of the ecosystem will be maintained and extended. The longer the project life and the greater the volume, the greater the profit for those who chose other options than monetization and those who reinvested in the games. In this context, the project is innovative in a way that has never been done before. A NODE administrator said: “There should be no more carpets in the P2E market. Users need to check if the project has an ongoing plan.”

About NODE:

NODE is an innovative new company in the Play to Earn space. They are currently developing their first game, E-Racing.NODE, which is a racing game set in a dystopian, Sci-Fi future. The engine of each player’s car is an NFT, and this same NFT can be used again in their two upcoming games, E-Plants.NODE and another yet-to-be-named game. This gives users more value than traditional P2E games as NFT is renewable. As a result, users can stand to generate more potential returns by holding onto their original NFT. In addition, NODE stands firmly against Rug Pulls and is dedicated to creating high quality gaming experiences that everyone can enjoy. NODE also runs a successful Discord channel.

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