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Home All Events Racearth Liquidity Launch

Date

Jan 09 2023
Expired!

TimeUTC

12:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Jan 09 2023
  • Time: 7:00 am

Status

ActiveDelayed

Racearth Liquidity Launch

January 10 update – the team says they didn’t raise enough across all of their presales and will be refunding all investors. They plan to devise a new strategy and will update investors at some point in the future.

January 9 update – the team has still not announced a launch time, but are still saying the launch will take place today. This time remains a placeholder.

Token presale for a road-mapped metaverse car racing P2E game on BSC.

The exact launch time has not been announced yet, only that it is on January 9. This time is a placeholder.

DETAILS
  • Presale Details
    • IDO will be held on DAOStarter, and will last for 3 days or until hard cap reached
    • Initial circulating market cap: unknown
    • Taxes: 0%
    • IDO price: $0.03
      • Vesting: 15% at TGE, 17% monthly
      • IDO also held/planned on AnyPad, IXIRPAD, BrightyPad, Nexus, Kingdom Starter, Kommunitas
    • Listing price: $0.03
    • Minimum buy: 100 USDT
    • Minimum buy: 3,000 USDT
    • Hard cap: 50,000 USDT
  • Mechanics & Features
    • Racearth is a race2earn metaverse game, combining Racing and Lands
    • Users will be able to organize races and participate in races to earn token rewards
    • Users can own lands and organize races on them – races can only be organized on lands with “racetrack” attribute and the rules will be decided by the landowners before the race
    • Landowners will receive fees from the racers on the race day and will distribute the event prize
    • Land owners and car owners in the game will be able to watch the races
    • In order to participate in the races, users need to own a car NFT – the NFTs will be limited, and they will be sold in special sales
    • Users can also create and join ‘clans’ to earn more rewards
    • Other in-game activities include; car tuning, car repair, tire change, paint shops etc
    • $RACE is the rewards and utility token
      • Token utility – game transactions (play the game, purchases, developments, and events)
  • Tokenomics
    • Token symbol: RACE
    • Total supply: 800,000,000
      • 4% — Seed sale
      • 6% — Private sale (9 months vesting)
      • 7% — Public sale/IDO (9 months vesting)
      • 37% — Ecosystem (5 months cliff, then 36 months vesting)
      • 10% — Team (12 months cliff, then 24 months vesting)
      • 12% — Stake (3 months cliff, then 24 months vesting)
      • 8% — Development & operations (3 months cliff, then 18 months vesting)
      • 8% — Partnership
      • 7% — Marketing (3 months cliff, then 24 months vesting)
      • 1% — Liquidity (unlocked)
Links & Resources
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