The token arrives years after the Australia-based Zed Run first released their Ethereum-based play-to-earn game. Does this have anything to do with improving crypto policies in Australia? Covered: Zed Run Token What Does This Have To Do With Australia’s Improving Crypto Policies? Zed Run 2022 Roadmap Zed Run Token Zed Run announced their 2022 roadmap […] The post Zed Run’s New Play-To-Earn Token Is Bigger News Than You Think appeared first on CryptosRus.

Zed Run’s New Play-To-Earn Token Is Bigger News Than You Think

The token arrives years after the Australia-based Zed Run first released their Ethereum-based play-to-earn game. Does this have anything to do with improving crypto policies in Australia?

Covered:

  • Zed Run Token
  • What Does This Have To Do With Australia’s Improving Crypto Policies?
  • Zed Run 2022 Roadmap

Zed Run Token

Zed Run announced their 2022 roadmap yesterday. Buried inside was the news that they are releasing a token.

“The ZED RUN token will play a critical role in establishing the new foundation for racing, breeding, lending and guilds and as such will underpin all ongoing development,” Zed Run said via Medium.

For the launch, Zed Run is partnering with Republic Crypto. Republic Crypto is responsible for token launches for big names like Polygon, Avalanche, and Star Atlas.

The Zed Run token itself will start with an air, “will be used across the platform, and can be held by members of the community to exchange for in game activities,” according to Zed Run. It will be initially distributed through an airdrop dedicated to longtime stable owners.

How exactly the token will be distributed is TBA: “We will be taking a snapshot of this data which will be communicated to the community in due course,” Zed Run said.

Recommended: Blockchain Game Zed Run Gets 20 Million In VC Funding

What Does This Have To Do With Australia’s Improving Crypto Policies?

It’s a surprising move from the play-to-earn game considering the game launched back in 2019. That’s a virtual eternity in blockchain years. Why now?

It could be because as they said, the token will “underpin all ongoing development.” In other words, they could use more development money to further develop their game. Though, it could also be because of improving conditions in Australia.

As we’ve discussed in detail, Australia’s attitude toward crypto is changing for the better. 2022 will see the streamlining of Australia’s traditional finance with its burgeoning crypto sector.

Does this have anything to do with Zed Run’s decision to get a token? It’s unclear. Could be a coincidence. But it’s interesting even if it isn’t so.

One of the pro-crypto argument’s that rose to prominence during the infrastructure bill debates centered around the US ceding ground to global competitors if such a bill passed. The idea being that regulatory uncertainty stunts development.

The fact that they chose not to have a token from the outset, and decided for one now, might point to improving political conditions. At least in some places around the world.

Recommended: Three Metaverse Play-To-Earn Projects To Keep On Your Radar

 

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