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Veloce Media Group partners with Racino, a virtual motorsport with real stake

Press Releases
Veloce Media Group partners with Racino, a virtual motorsport with real stake

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

London, United Kingdom, Dec. 18, 2023, Chainwire

Veloce Media Group has partnered with Racino, a multiplayer racing management and simulation platform.

By incorporating VEXT into Racino’s ecosystem, players can acquire various collectible cars, liveries, and driver cosmetics.

In Racino, players can step into the shoes of a team principal and take ownership and development of their cars, where strategic choices drastically impact race outcomes, public renown, and tangible rewards.

Unlike most racing games on the market today, Racino mirrors real-life dynamics, where victories and defeats in motorsport management carry tangible financial weight, blending the thrill of racing with strategic financial planning and skill based gaming.

Racino’s key features:

  • Digital ownership: Players have exclusive rights to digital collectibles like cars, liveries, and driver cosmetics. These items can appreciate in value offering trading opportunities based on market demand or scarcity.
  • Real stakes and rewards: Racino utilizes the same “risk vs reward” mechanics of the real world, allowing players to revel in the tangible outcomes of their in-game decisions. Winning races, managing reward mechanisms for more gains, honing skills through gameplay, and increasing the rarity of their assets are strategic moves that lead to real, measurable rewards, reflecting the true nature of competitive racing.
  • Elevated multiplayer: Racino brings multiplayer experience to your browser, connecting players across the globe to build their racing empires and strategize against friends and foes alike. Secure your place in tightly contested grids and manage your team to motorsport glory — where your skill on the track shapes your legacy in the thrilling world of virtual motorsports.
Veloce Media Group partners with Racino, a virtual motorsport with real stake - 1
  • Hi-Fi simulations: Situated at the forefront of virtual motorsport realism, Racino’s technology and AI algorithms create a deeply immersive racing experience. Every decision, from track selection to car modifications, interacts with dynamic weather and realistic physics right before your eyes, in stunning 3D & 2D.
  • Mastery matters: Steer your own path in Racino, where every choice dictates success. Each car, equally matched in potential, offers configurations begging for exploration and strategic mastery. Skillfully manage your budget, parts, and tuning to unveil your car’s full potential, as winning is about clever strategy, not a roll of the dice.
  • VEXT integration: Racino, integrated with Veloce Media Group’s VEXT token, enables players to purchase virtual racing assets, blending inherent and performance-based value. This system brings excitement of the track and allows for seamless transactions and access to content, marrying tangible rewards with motorsport gaming.
Veloce Media Group partners with Racino, a virtual motorsport with real stake - 2

Rupert Svendsen-Cook, founder of the Veloce Media Group said:

“Veloce has and always will be an incredibly effective marketing funnel for many racing games however this moment marks the chapter of progressing to promoting our own gaming titles. Racino really is the most immersive and engaging racing game to come to web3, nothing comes close ! Veloce has 38 million racing gaming fans within our network and integrating VEXT within Racino is an incredibly compelling proposition for all stakeholders – primarily our community! With its pioneering approach to combining real stakes with immersive gameplay, Racino offers players a unique and thrilling experience. Racino will captivate our gamers with its unbelievably realistic simulation and strategic challenges. To say this is a game changer would be an understatement!”

Additionally, Lorenzo George, CEO of Racino, referenced their partnership with Veloce Media Group “as essential to reaching one of the most passionate audiences in gaming and motorsports”.

Lorenzo also discussed the integration of the VEXT into Racino, which enriches the gaming experience by offering diverse engagement and reward opportunities for players.

Racino is gearing up for its Q1 2024 launch, offering a blend of motorsports and skill-based gaming.

Users are welcome to drive into the future of virtual racing and stay informed by following @Racinogaming & @Vextoken on X.

About Veloce Media Group

Founded in 2018, Veloce is a multi-layered gaming and sports media group operating in some of the UK’s most innovative, rapidly expanding, and forward-thinking sectors.

Headquartered in London, the Veloce brand encompasses the industry-leading gaming and racing platform, Veloce Esports, and the race-winning team, Veloce Racing, currently competing in the esteemed Extreme E championship.

As the world’s largest digital racing media network, Veloce has garnered over 35 million subscribers and nearly one billion monthly views, focusing on esports, gaming, mission-driven motorsport, and web3.

Veloce collaborates with a number of prominent teams from around the world, managing multiple gaming and esports teams, including Mercedes AMG, Ferrari, and Yas Heat.

JV sub-brands, including Lando Norris’ gaming and lifestyle brand Quadrant, form another crucial component of Veloce’s expansive global network.

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