Chicken Derby kickstarts their new economic model as they offer the opportunity for owners to stake chickens and earn BAWK tokens. Players will need these tokens to stake in CRCs, or Chicken Racing Companies, to earn jewels, the new currency used in the game only to participate in races.
The new BAWK-based economy kicks off for Chicken Derby, with the first opportunity to earn BAWK tokens by staking your Chicken NFT!
And while the community sale for the BAWK token wasn’t exactly a success (only a little over 8 ETH worth of tokens were sold), the Chicken Derby team is moving forward undaunted and launching their new gaming economy this week.
The new economy for Chicken Derby revolves around the BAWK token. BAWK is an ERC-20 token on the Polygon blockchain. Players will be able to purchase it on decentralized exchanges in the near future and also claim any tokens they purchased during the community sale. But for now, the only way to earn BAWK is to stake your Chicken NFTs. You can do this on the Chicken release page. And since the transaction takes place on Polygon, it only costs a few cents to do so. Once deployed, your chickens will immediately earn BAWK tokens, which can be claimed at any time.
Used chickens can still be used in races.
Jewellery
Jewels are the new racing currency. All races cost jewels to participate and offer jewels as a reward. Jewels are really just in-game, stable tokens. Players can freely trade jewels for USDC and vice versa at any time on the Chicken Derby site. Jewels are always valued at 70 jewels to 1 USDC. So players can fund themselves for racing, and can also cash out as they collect winnings.
To encourage racing, for a limited time (I think) all races will also give BAWK token rewards to ALL participants!
In addition to purchasing jewels directly, players can also stake their BAWK tokens in CRC or Chicken Racing Companies. Each race is sponsored by one of five CRCs, who receive a portion of the race entry fee. That income is then distributed and distributed at the end of each season to everyone who has staked BAWK tokens in that CRC. But you have to be quick! You can only invest in a CRC at the beginning of a season (which lasts four weeks).
Additionally, the Chicken Derby website has undergone some major upgrades. Not only does it provide a clean, easy-to-use interface, but it also provides detailed statistics for all avid racers! And don’t forget the AI-generated commentary that is now part of every race!
This is a big update for Chicken Derby. I like what they’ve done with their economy, but we’ll have to see if they can attract new players to their unique chicken racing game.
What is Chicken Derby?
Chicken derby is a chicken racing simulation built on the Polygon network. Each chicken is a unique NFT that can be entered into races for paid prizes. Each chicken has a special talent that can be activated during races. This could be something as simple as a short flight, or as extreme as creating a black hole! Each chicken also has hidden preferences for track distance and terrain type, as well as a consistency rating. Players must discover these hidden preferences for themselves.
With seven different types of terrain, six different track lengths and twelve chickens per race, each with their own preferences, abilities and racing styles, Chicken Derby offers enough variety to ensure race results are not predetermined. There are also a number of ‘Easter Egg’ type bonuses that the team adds to the bonuses official documentation once the community realizes it. For example, chickens with alien eyes get a boost to their teleport ability (if they have one). Chicken owners can dress up their chickens with a growing number of cosmetic items.
Although the races are passive, players can watch the animated simulation of the race and see all the lead changes and skills used during the run.
Owners with two chickens can also choose to fuse them together, creating a hybrid with potentially unique traits! Other planned future functions include ranching, a social center and land holdings.
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