Cryptocarz, a blockchain-powered virtual reality (VR) game has partnered with Worldwide Asset eXchange (WAX) to enable trading of in-game items, made available on OPSkins virtual marketplace through tokenized cryptocurrency such as bitcoin, Ethereum and US dollars.

Launched in May 2018, Cryptocarz is a project from Blockchain Studios, who specialize in the integration of blockchain technology within software development. The gaming platform integrates blockchain, VR and eSports based on a decentralized platform and offers gamers the option to race cars to compete in eSport competitions.

Daniele Sileri, CEO of Blockchain Studios stated: "Working with WAX is a critical pathway for CryptoCarz and will help take our racing vision to more than 400 million potential users.

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"We share the belief in the power of blockchain technology applied to digital gaming items. The aim of our collaboration is to enable the interoperability of items between different platforms, providing new possibilities for gamers everywhere," he added.

William Quigley, CEO of OPSkins and WAX commented: "The inception of blockchain-based games and collectibles presents a new opportunity for the crypto community to get involved, and game developers are taking notice."