Formula Ape Tournament Launches with 20,000 APE Prize Pool

๐ŸŽ๏ธ Apes Hit The Racetrack

By Intraverse
Apr 17, 2025, 3:22 PM
twitter

The Formula Ape Tournament has officially launched on Intraverse with significant rewards at stake:

  • Total Prize Pool: Over 20,000 APE
  • Floor Sweep Fund: +10,000 APE
  • Tournament Scale: 75+ teams competing
  • Structure: 3 leaderboards, 15 gaming sessions

Important Note: Currently only EU servers are operational.​

This launch follows the March announcement of the Grand Prix on ApeChain, which initially promised 10,000 APE in rewards.​ The tournament represents a significant scaling up of the original concept.​

Sources
Read more about Intraverse

ApeChain Racing Game Announces Enhanced Rewards and Prize Pool

ApeChain Racing Game Announces Enhanced Rewards and Prize Pool

The ApeChain racing game has announced significant updates to its reward structure. A new prize pool of 10,000 APE tokens has been established, supplemented by 100% of secondary fees. - Rewards will be distributed between: * Rarity #6 Karts holders * Top-performing racers Practice mode is temporarily paused but will resume shortly with new alpha features. The game previously launched its Grand Prix event in March 2025, which featured a 10,000 $APE prize pool. *Note: Practice mode updates and race features coming soon*

ApeX Pass Free Mint Launch Details

The ApeX Pass free mint is now live exclusively for Formula APE whitelist holders. Key details: - Initial mint limited to Rarity 1 cards (max 5 per wallet) - Upgrade system: Burn 2 cards to advance to next rarity level - Earn 5 new mint slots for every 3 burns - Total mint cap: 500 per wallet - In-game benefit: Up to 20x extra booster Mint available at [play.intraverse.io](http://play.intraverse.io/drop/uZbJG6czybujfFOWx7lJ) *Note: Only Formula APE whitelist holders are eligible to participate in this mint.*

Intraverse Kart Racing Tournament Round 2 Kicks Off

**22 teams** have advanced to Round 2 of the Intraverse Kart Racing tournament, competing for a prize pool of up to 55k. The next race is scheduled for March 8 at 8PM CET. The TOP 60 players from previous rounds will receive their prizes shortly. The competition continues on [play.intraverse.io](http://play.intraverse.io). Community members can stay updated through the official [Discord](https://discord.gg/PqBWKYHPsM) and are encouraged to report any fake accounts. *Join the race or watch from the sidelines!*

Kart Racers Joins Taiko's Thrillblazers Contest with $38.5K Prize Pool

Kart Racers Joins Taiko's Thrillblazers Contest with $38.5K Prize Pool

Kart Racers announces participation in Taiko's Thrillblazers contest, running March 3-16. Key details: - Total prize pool: $38.5K ($30.8K for projects, $7.7K for players) - 25 selected partners each receive dedicated smart contract - 70% of winnings distributed to partners and players - Mint opens February 18, 6PM CET - Nitro Pass holders get up to 20x in-game multiplier Strategy focuses on minting and burning to boost rankings. Partners can track position through dedicated smart contracts. [Join Discord](http://discord.gg/ZVVuyrdB9u) for whitelist access and updates.

NFTGamescollectiblesMetaversePlay to Earn