Kart Racing League
  • Executive Summary
  • What is Kart Racing League?
    • Story
    • Characters/ NFTs
    • Tracks
    • Game Play
  • Tokens
    • Tokenomics
  • Technology
  • Roadmap
  • Team
  • Legal
    • Privacy Policy
    • Terms of Use
    • Terms & Conditions (Token Sale)
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  • KRL Tokens
  • KRL NFTs

Technology

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Last updated 2 years ago

KRL Tokens

The cryptocurrencies involved in KRL, known as $KRL and $EOC, are situated on the Ethereum blockchain.

Both the KRL tokens are based on Ethereum ERC-20 Token Standard. These can be bought and sold, or swapped, on exchanges. To transfer these tokens, you will need to have an ERC-20 compatible wallet, such as .

To send the KRL tokens from a wallet to an exchange, or from a wallet to another wallet, you will need to pay the transactions fees in ETH, which is the native cryptocurrency of the Ethereum platform and acts as fuel for the network.

KRL NFTs

KRL's racer characters use a newly-emerging technology called NFTs (or non-fungible tokens). An NFT is a unit of data stored on a blockchain that certifies a digital asset to be unique and therefore not interchangeable.

KRL's NFT racers all live on the Ethereum blockchain, and utilize the ERC-721 Token Standard.

Each NFT has a unique look and randomly-generated attributes.

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