Sheesha Finance Partner Spotlight on Nitro League
We at Sheesha Finance are proud to provide our hodlers with a diversified portfolio of our ever-growing network of partner projects in the crypto space. We seek to make our community’s crypto journey as ideal as possible and our latest partnership is further proof of our commitment.
Today, we’ll take a closer look at our partnership with Nitro League. We’ll provide you with information on what the project is, what are its tokenomics, who’s the team behind it, and why we strongly believe in its potential for success.
Read on to learn about Nitro League, the captivating play-to-earn game you’ll earn token rewards from.
A P2E racing Game in the Metaverse
Simply put, Nitro League is a play-to-earn (P2E) racing game that combines fantastic gameplay, token economies, and the metaverse.
Players can earn tokens by racing futuristic automobiles competitively or casually participating in the game’s many activities.
The project consists of cars as non-fungible tokens (NFTs). Though this may still be a relatively new term to many, owning racing cars in the form of NFTs is the next logical step for any gamer. For decades, the gaming community has spent money on digital assets, and NFTs have emerged as the most natural mechanism for gamers to own their assets inside and outside of games.
Nitro League’s team has been making games for decades and is aiming to release the first-ever high-quality, addictive, and long-lasting NFT racing game. Its objective is to harness the actual power of blockchain technology by decentralizing every part of the game, allowing the community to control all of the game’s power.
The game is set in the year 3050 when humanity has evolved and reached the peak of technology. People no longer work to support their very survival as they have wealth and all of their core necessities. They only work to support their hobbies. For the players of the Nitro League, this work involves racing stunning cars.
The game takes place in the futuristic city of Ethermoor at the Nitro Arena. Different clans from different nations inhabit Ethermoor and each has specific skills when it comes to racing.
According to Nitro League’s whitepaper, racers can either earn or lose points known as REP depending on whether:
- They win or lose a race.
- They remain active or inactive within the game.
To add to the game’s irresistible appeal, players race revolutionary cars from different classes. These classes represent different types of vehicles, built in different periods, and with different advantages on the race track. They include:
- Alpha Class (2000–2020)
- Beta Class (2021–2050)
- Gamma Class (2500–3050)
- Omega Class (3000–3050)
- Delta Class (2020–3050)
- Sigma Class (3000–3050)
There’s a lot to do in the city of Ethermoor, including three different racing modes:
- Solo Events
- Team Events
Each mode has its appeal and racers are sure to enjoy them all.
Nitro League isn’t purely about racing, however. Every racer is also given a garage where they can actively improve their cars and grow their car collection. The game is truly immersive, aiming to get racers fully involved in every aspect of racing.
Nitro League’s Token and Tokenomics
To play Nitro League and interact within it, players need to hold and earn NITRO. This is the in-game ERC-20 token that’s capped at a fixed supply of 1,000,000,000.
NITRO is used to power a player’s progress throughout the entire game, unlocking a whole host of perks.
Of the 1 billion NITRO tokens, the following percentages are attributed to Nitro League’s:
- Team (10%)
- Treasury (25.83%)
- Ecosystem (30%)
- Private Sales (15.83%)
- Marketing (10%)
- Advisors (5%)
- Public Sales (3.34%)
The NITRO tokens have the following vesting schedule:
The token will be progressively released yearly with 200,000,000 NITRO being released between December 2021 and December 2025.
The Team Behind Nitro League
Behind every great project is a team of experienced and successful core members. Nitro League is no different and its team consists of:
Zaynab Tucker — Chief Executive Officer
Zaynab has 20+ years of successful leadership experience across the tech, media, and financial sectors. She has a solid track record of driving growth at Fortune 500 companies such as Emirates Group, VISA, Mastercard, and HSBC.
Glen Bullen — Chief Operating Officer
Glen is a natural leader with over 20 years in building up startups and growth phase companies. He provides extensive expertise within the digital assets and iGaming sectors, driving significant organizational growth and revenue at Nitro League.
David Atkinson — Chief Strategy Officer
David is well-known within the blockchain space, having defined the tokenomics and strategies of prominent projects such as Terra Virtua and Holochain.
Haseeb Khan — Chief Technology Officer
Haseeb is an elite technologist and chief software architect. With experience in working as a CTO in several startups, he has delivered projects for organizations such as Yahoo!, Groupon, AOL, and WSJ.
Rizwan Siddiqui — Chief Creative Officer
Rizwan is a founding member of an award-winning gaming studio with download numbers of 1M+ per day. He has built campaigns and digital products for organizations such as Manchester United, NBC Universal, Toyota, and more.
Gasper Stih — Chief Marketing Officer
Gasper is dedicated to building brands that make a profound impact. He’s been part of two successful ICO startups and is also a gamer who loves cars.
Manuel Machado — Chief Commercial Officer
Manuel has over 20 years of experience in the digital transformation of large international corporations and startups. In recent years, he’s been the Global Head of Blockchain Solutions at Worldline, the world’s 4th largest payment service provider. He’s also an advisor and investor in startups within the NFT, P2E, and DAO spaces.
Sarah Da’na — Marketing and Communications Specialist
Sarah has experience in large news and entertainment media, and social media and influencer management. She is a multifaceted professional, having worked for organizations such as Al Jazeera and the Jordan Radio and Television Corporation.
Why We Like Nitro League
In the last year, play-to-earn gaming has exploded. The world has taken a serious interest in this relatively new concept since the introduction of blockchain-related games like Axie Infinity and their incredible financial perks.
P2E isn’t just a catchphrase that gets people enthusiastic; it transforms lives and opens doors that appeared unattainable only a few years ago.
When you add in the idea of utilizing one’s NFTs in multiple metaverse spaces, you have a winning combination. This is why we’re looking forward to Nitro League’s likely ascent to fame as one of the most popular P2E games in the crypto world.
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