RacewayX is a complete NFT car racing game where players can own NFT parts of the game, join in races, upgrade cars, join global community challenges and earn!
What is RaceWayX?
RacewayX is a play-to-earn car racing game where players and participants own parts of the game. Players can earn by playing the game or by simply owning parts of the game. All ownable parts of the game are in the form of verifiably owned NFTs.
The in-game currency would be RacewayX Token (RWX), used for all
in-game activities. Players will be able to race for free once in 24 hours,
depending on the race class.
GamePlay
Players buy cars and can level them up with upgrades like better engines, exhaust and nitro. To race, players buy gas at a gas station, and then enter an upcoming race. The total of all the gas bought per race makes up the reward pool. First place wins 50% of the reward pool, second and third place split the second half of the pool. Winnings are paid out in RWX Tokens.
The game flow involves buying a car, buying gas for the car, selecting a
race, choosing your race strategy, and viewing the results. The races
happen in the background and are determined primarily by the racer’s
strategy, and secondarily by a weighted random algorithm. Cars with
higher XP and upgrades have an advantage, but players with the best
Race Strategies have the ultimate advantage. To play Raceway X you
first need to buy a car. (mint or buy at secondary market).
Car Upgrades
Players can level up their cars with upgrades. Cars will be valued by their
rank and rating. A car’s rating will be made up of the sum of all of its
upgrades.
Each car will have a starting rating of 100 and a max rating of 24,000.
Max upgraded cars would be referred to as StarBound rated cars. The
base car is Underdog Rank which starts with Engine and Tires Level 0.
Upgrades in the game will be purchased using RWX tokens. Prices will
be quoted in USD. Even when the price of RWX tokens fluctuates, the
cost of the upgrades will remain the same in USD.
Cars can be bought and sold, and when they are sold, all upgrades that were purchased are transferred with the car.
RaceTracks
To start, there will be 6 Racetracks in Raceway X. Cars can race on designated Racetracks based on that Car’s racing class. Owner’s of Racetrack Land earn race fees each time a race happens.
Tokenomics
Total $RWX Supply: 1,000,000,000
Seed, Private and Public Sale: 23.3%. Seed and Private in Q4, 2021 and Public in Q1, 2022.
Liquidity: 20%. Some amount will be used for Liquidity, rest-linear unlock in the next 12 months.
Play to Earn Rewards: 15%. 2 months lock, 20% to be released each subsequent month.
Marketing and Ecosystem: 10%. 5% unlocked at TGE, then linear unlock during next 18 months.
Staking: 10%. 2 months lock, 20% to be released each subsequent month.
Core Team: 8%.
Advisors: 6%. 5% at TGE, 2months lock, then linear unlock each month during next 12 months.
Community Incentives: 5%. 12 months lock then linear unlock each month for the next 18 months.
Bounty Allocation: 2.7%. 3 months lock then linear unlock each subsequent in the next 18 months.
RoadMap
Private Sale Coming Soon to MetaPlay..
Presale Price: 1 RWX= $0.005
Listing Price: 1 RWX= $0.011
Listing Date: 17th January 2022
Initial market cap: TBA
All Contributions Made In BUSD BEP20.
Main Network: Binance Smart Chain
Listing: $RWX will be listed on PancakeSwap.
Transaction Fees: There are no transaction fees.
You can buy $RWX on https://meta-play.app/play-pad
Only 12% of the token will be released on the day of listing, 30 days lock-up then 24% to be released each subsequent month.
Platinum Tier: Guaranteed
Tier Allocation: 20x in of all 35x
For a Guaranteed participation of the RaceWayX IDO from Platinum Tier, Investors would be required to already have to be Platinum Tier(min. 2000 points) before UTC 07.00, 29th December 2021
Will have 12 hours guaranteed buying time on the 29th December 19.00 UTC onwards.
Max contribution : TBA
Each tier owner address will only be able to make one transaction.
Gold Tier: Guaranteed
Tier Allocation: 10x in of all 35x
For a Guaranteed participation of the RaceWayX IDO from Gold Tier, Investors would be required to already have to be Gold Tier(1000 points-1999 points) before UTC 07.00, 29th December 2021
Will have 12 hours guaranteed buying time on the 29th December 19.00 UTC onwards.
Max contribution : TBA
Each tier owner address will only be able to make one transaction.
Silver Tier: Guaranteed
Tier Allocation: 4x in of all 35x
For a Guaranteed participation of the RaceWayX IDO from Silver Tier, Investors would be required to already have to be Silver Tier(400 points-999 points) before UTC 07.00, 29th December 2021
Will have 12 hours guaranteed buying time on the 29th December 19.00 UTC onwards.
Max contribution : TBA
Each tier owner address will only be able to make one transaction.
Bronze Tier: Guaranteed
Tier Allocation: x in of all 35x
For a Guaranteed participation of the RaceWayX IDO from Bronze Tier, Investors would be required to already have to be BronzeTier(100 points-399 points) before UTC 07.00, 29th December 2021
Will have 12 hours guaranteed buying time on the 29th December 19.00 UTC onwards.
Max contribution : TBA
Each tier owner address will only be able to make one transaction.
FCFS Round
If tokens remain after purchases, each wallet will be able to make a one-time purchase with the specified amount of FCFS(First Come First Serve) rules.
To learn more about the project, visit:
Website: https://racewayx.com
Whitepaper: https://racewayx.com/assets/2021/12/racewayx-whitepaper-v2.pdf
Telegram: https://t.me/RaceWayXMetaverse
Twitter: https://twitter.com/RacewayXMeta
Medium: https://racewayx.medium.com/
Disclaimer:
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