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ZED RUN to allow virtual horses lending as first instance of utility for its ZED token

cryptoinfo-now.com by cryptoinfo-now.com
5 November 2023
in Crypto Gaming
0
ZED RUN to allow virtual horses lending as first instance of utility for its ZED token

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Blockchain horse racing sport ZED RUN has introduced that its new lending system is on the way in which. Gamers will be capable of lend and borrow digital mounts to take part in occasions and get entry to particular rewards. This function ought to supply the primary occasion of utility for the sport’s new ZED Token.

ZED RUN made an announcement final week, saying that lending will supply present and new gamers the “means to get pleasure from free gameplay, in-game experiences, and entry to platform rewards and occasions.”

How will in-game lending work?

  • To place their digital horses into the lending market, customers should stake the ZED token and purchase a particular lending allow per horse.
  • Possession and safety of digital horses coming into {the marketplace} will likely be secured with a trustless lending good contract held by a third-party firm.
  • So gamers borrowing a mount will solely be capable of take part in races and tournaments, not breed or promote it.
  • In line with the lending contract, rewards for races and tournaments will likely be distributed equally between the lender and borrower.

The ZED Token is the primary utility token and in-game forex of ZED RUN, which is deployed on Polygon and Ethereum blockchains. It’s presently priced at $0.094 (down 3.18% within the final 24 hours) with a 24-hour buying and selling quantity of $1.088 million.

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Tags: horsesinstanceLendingRuntokenUtilityVirtualZed
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