MetaRace Presale

MetaRace is a virtual horse racing play-to-earn game launching on Caduceus.

DETAILS

• Presale Details
  • Public IDO will be held on CoinSwap launchpad, and will last for 1 day
  • $CMP will be used to participate in the IDO
  • Participants can only contribute once in the IDO
  • IDO rate: 1 $META = 1.3 CMP
  • Listing rate: TBA
  • Token allocation for public: 30,000 $META
  • Initial market cap: Unknown
  • Vesting: 100% unlocked at token launch
  • Taxes: 0%
  • Token is scheduled to launch on CoinSwap on Sept. 10

• Features
  • Purchase NFT mechanical horses to participate in races and earn top-place token rewards and periodic ranking rewards in multiple tournament formats
  • Stake $META tokens to operate your own racecourse and receive a share of the revenue generated from race entry fees and advertisements
  • Cooperate with other players to breed new horses and earn from NFT horse sales
  • Revenue will be generated from NFT assets sales (horses, jockey, accessories and racecourse), transaction fees (marketplace fees, race entry fees, breeding fees, etc.), and racecourse advertisements
  • Roadmap includes launch of the various NFT assets (racehorses, jockeys, accessories, racecourse ownership), in-game brand sponsorships, NFT customisations, XR/metaverse integration

• Tokenomics
  • Dual token model
  • $META is a governance token
    • Token utility: staking, purchasing NFTs, race rewards, breeding, race entry fees, racecourse operation, priority access to new features, discounts, governance
    • Total supply: 210,000,000
      • 5% — Core contributors (3 years vesting – 5% at CEX listing, 3 months cliff, then vested linearly)
      • 25% — Team & early stage investors (3 years vesting – 5% at CEX listing, 3 months cliff, then vested linearly)
      • 8% — Strategic Investment round (2 years vesting – 5% at CEX listing, 3 months cliff, then vested linearly)
      • 6% — Private round (1 year vesting – 5% at CEX listing, 3 months cliff, then vested linearly)
      • 1% — Public sale/IDO (100% at TGE)
      • 35% — Mining rewards
      • 15% — Ecosystem fund (4 years vesting – 15% for liquidity, 5% at CEX listing, 3 months cliff, then vested linearly)
      • 5% — Airdrops
      • ❌ No information on the token price across the token sale rounds
  • $RACE is the utility token
    • Token utility: in-game rewards, breeding, training horses
    • Total supply: 10,000,000,000
      • 99% — Mining rewards
      • 0.58% — Liquidity
      • 0.42% — Airdrops