Drone Racing League Launches Crypto Game “Play and Tab” on Algorand Blockchain

 

Imagine playing Mario Kart on Rainbow Road using a traditional Nintendo console. But instead of sitting on the couch in the living room, you’ll be walking around a futuristic city at night. Neon lights light up the sky: no fireworks or skyscrapers, just drones. You’re actually Harrison Ford in the 1982 hit movie Blade Runner. Here are 12 professional drone pilots’ first experiences at the 2021 Christmas Drone Competition. At the FedEx Forum in Memphis, Tennessee, all 12 drivers were men and most were between the ages of 18 and 30. The 20 million followers streamed the event on Twitter and many more followed NBC, the DRL television rights holder. in the sixth season. The stars of the competition include former boxer, firefighter and performer Alex Vanover, a 21-year-old Texan producer who has produced several Justin Bieber films.

.@captainvanover is locked in for Vegas 🔒#DRL @Algorand | @Allianz pic.twitter.com/NgDSRZe1K1

— Drone Racing League (@DroneRaceLeague) January 4, 2022

 

“It’s nothing like traditional stick-and-balls sports. We are powered by technology. Our race courses are like a real world video game come to life,”

said DRC Global President Rachel Jacobson, who works on club and ball programs at the American Basketball Association. The technical part of the drone race is now crypto. DRL today announced partnerships with New York-based game developers Playground Labs, Metaverse, and Web3. DRL and Playground Labs are collaborating to create a virtual version of the Drone Racing Consortium on the Algorand open source blockchain. Algoranda’s mandatory digital currency is called ALGO, which currently has a market capitalization of $11.1 billion.

The new game brings DRL to a virtual reality network called Metaverse and is funded in part by $5 billion from New York-based Hivemind Capital Partners. Matt Zhang, former CEO of Citi Wall Street.

The purpose is to incentivize new fans to play the game to earn money, such as: B. Non-French Tokens (NFTs) that can be used in the game or sold on the non-game marketplace . For DRLs, digital assets that can be purchased online could include digital racing drones or new digital clothing. For example,

Digital content such as Lionel Messi player cards purchased during FIFA 19 in traditional video games such as Electronic Arts Soccer cannot be carried over to FIFA 20 or similar. The future of products. Traditional video games are owned by a centralized organization, usually a game developer. Therefore, the FIFA 19 Messi player card cannot be used outside of this Electronic Arts product.

In the DRL drone racing game on the Algorand blockchain, the resulting crypto-based assets can, at least in theory, be liquidated through the Metaverse or secondary markets. Like other competitors like Solana and Cardano, Algorand aims to replace Ethereum as the dominant blockchain for decentralized applications (dApps), DeFi projects, and crypto games (or crypto metaverse). In recent months, green cryptocurrencies using a proof-of-stake model have outperformed their proof-of-work competitors (such as mining). For example, Solana has made $46.4 billion in the past six months, beating nine rival cryptocurrencies to take fifth place, while Bitcoin-like Dogecoin lost eight positions and $1.3 billion. It is worth mentioning at this point that individuals can also earn a lot of money on bitcoin. More details can be found here. Algorand’s carbon footprint (or lack thereof) could be a selling point for blockchain objects compared to Ethereum (another PoW network), which is built to use less energy through consensus. Drone Race Gen Z. Claims Blockchain to be “carbon negative” because it acts as a pure PoS (Proof of Rate) network. ALGO token Algorand is ranked 20th on Forbes list of most influential digital assets and 18th in market capitalization of all cryptocurrencies and is currently valued at 11 billion. dollars. While Bitcoin and Ethereum, two of the largest cryptocurrencies in the world, have proof-of-work (PoW) networks, Algorand acts as a proof-of-stake (PoS) network, making it cost-effective.

The PoW system, also known as mining, will come under pressure from environmentalists and regulators in 2021. According to the Cambridge University Bitcoin Electricity Consumption Index, Bitcoin miners consume 123, 02 terawatt-hours (TW/h) of electricity per year, equivalent to electricity. annual energy consumption in Argentina, Colombia, Norway, Sweden and Ukraine. Take part in a live simulated drone race in Las Vegas where it might be the closest thing to the sky. The competition will be held at BMW Welt in Munich, Germany, Cote d’Azur, Chase Stadium in Arizona, Hard Rock Stadium in Miami, Skate Park in Los Angeles and the United Arab Emirates in Saudi Arabia. Founded in 2015, DRL now has 12 global TV partners delivering games to 250 million homes in 140 countries. By 2021, the TikTok League channel will grow to 2 million people. Rachel Jacobson, DRL’s global president, says diversity – hiring more women – is a top priority for the company.

The more drone enthusiasts have, the more pilots can fly a drone. According to New York-based global technology intelligence firm ABI Research, the global drone market is expected to reach $9.5 billion in 2020 and grow by 25% annually. cooked. It will reach $92 billion by 2030. ABI projects 70% ($63 billion) of this revenue to come from non-commercial sector revenues. Time will tell whether the new generation of young airliners will choose the public version of the DRL code or the true night sky.