Pinkslip Finance

1. Summary

Ranks

Liquidity

-

Developer

-

Social

53

Momentum (beta)

0

Stack Rank™

-

Price

$0.004865560000 0.0%

Market Cap

$83,470.00 (#7109)

Supply

/

Tags

Ethereum Ecosystem

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Price
52W High price	$0.05
52W High date	1st Mar 2022 (2 years ago)
All Time High (ATH) Date	2nd Nov 2024 (3 months ago)
All Time Low (ATL) Date	2nd Nov 2024 (3 months ago)

Supply & Trading Volume

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Description

Pinkslip Finance Overview

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Pinkslip Finance Overview

Pinkslip Finance is a blockchain-powered metaverse game that combines elements of gaming and decentralized finance (DeFi). The platform is based on a drag racing game where users can purchase Non-Fungible Tokens (NFTs) that represent cars and participate in races to earn the ecosystem’s PSLIP token.

Game Mechanics

The game features three types of NFTs: Bronze (30% chance of winning), Silver (50% chance of winning), and Gold (70% chance of winning). Users can only buy three NFTs initially, after which the only way to obtain more is by winning drag races. The NFTs have an elastic supply, which means that at times they can be deflationary, potentially increasing the rarity and value as players participate in the races.

Earning PSLIP Tokens

Users can earn PSLIP tokens by participating in drag races and winning. The tokens can be used to purchase more NFTs, bet on races, or stake for additional rewards.

Staking Pass

Winning drag races allows users to earn an NFT. By amassing 20 NFTs, users can trade them for a single Staking Pass. This pass enables users to participate in the PSLIP staking pool and earn more PSLIP tokens. When converted, the 20 NFTs will be burnt, and the staking pass will be destroyed once the user claims their rewards.

Multi-Chain Compatibility and Future Features

The platform is designed to be multi-chain compatible, meaning it can potentially operate on various blockchains. Future plans include the addition of social features, allowing players to interact more seamlessly. Another potential feature is the ability to upgrade cars with NFT-based parts, increasing the demand for PSLIP tokens.

PSLIP Token Usage

The main use of the PSLIP token is to purchase NFTs and participate in drag races, ensuring a constant demand for the token.

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