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

