RACEFI is a play-to-earn car racing game where players and participants own parts of the game. Players can earn by playing interacting within the game. All ownable parts of the game are in the form of verifiably owned NFTs.

https://youtu.be/NZJgVs7hEgM

What is RaceFi?

RaceFi is the first AI/ML integrated car racing game on Solana ecosystem. Within RaceFi’s metaverse, players can earn while enjoying various game modes to satisfy the thirst for speed or make a profit by controlling in-game property and interacting with their ecosystem players.

Pure race or Battle race, PvP or PvE, racers or gamblers, the possibilities are endless. Its mission is to provide players with the most imaginative gaming experience and the most profitable monetization options possible, while also fostering the development of the Solana ecosystem and the widespread adoption of blockchain technologies.

Outstanding Features

What is the project trying to achieve?

The two main game features are Pure Race and Battle Race. Pure Race includes two game modes: PvP and PvE. In PvE mode, the players will directly drive and control the car, whereas in PvP mode the players will customize their strategic statistics and then the AI system will analyze the result of the race. In terms of Battle Race, the players must upgrade their cars with battle features such as guns and shields. There will be no time limit or no finish line, the players will continue to race and attack each other until there is only one survivor left, and that car will become the winner of the battle race.

To race, players buy gas at a gas station and then enter the 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 $RACEFI Tokens.

When entering a race, players are presented with the Race Conditions. With this in mind, players select from several options that form their Race Strategy to compete in the race. The race then runs automatically based on the algorithm in the background. Results of the race are determined primarily by how well each racer’s Race Strategy played out, and secondarily by a weighted random algorithm. Cars with higher XP and upgrades have an advantage in the race.

Ownable parts of the game include Cars, Gas Stations, Mechanic Shops, Racetrack Land, Analytics Center, and Billboard Land.

What is the unique selling point?

The two main game features are Pure Race and Battle Race:

• Pure Race

PvE mode: Players will be allowed to directly drive and control their cars through limited-time challenges along the way to win $RCOIN prizes and experience points. When entering a race, the player must agree to the race conditions and use strategy to compete and win the race.

PvP mode: Players will customize their strategy stats, allowing the game’s AI technology to analyze the winners. And to ensure fairness and reduce unwanted effects of the real-life environment on the game, the race will run in the background.

• Battle Race

For users who want a more competitive edge, Battle Race will allow players to upgrade their vehicles with combat features such as powerful guns, shields, and nitrogen fuel to qualify for battle mode. fight. Each match will have a maximum of 8 riders. In this mode there will be no time limit or finish line, giving players the opportunity to continue racing and attacking each other until there is only one winning car left. This is comparable to battle royale in other game settings

Game Play

Playing the game consists of buying a car, buying gas for your 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 racers you first need to buy a car and need data analysis for a race.

Buy a Car on the Polrare marketplace. Be sure to understand the Car Classes first.

Buy Gas

In order to enter a race, you must first buy enough gas. Gas is purchased in virtual gallons, with each gallon costing about $1 USD. All purchases and winnings in the game are paid in $RACEFI tokens, but costs are quoted in USD to maximize ease of understanding and to maintain consistent prices. All races are shown as “1 GAL” or “5 GAL” races. This means that you will need 1 gallon of gas to enter a “1 GAL” race.

Pure Race 

For PvE mode, players will drive and control the car to overcome challenges along the road within a limited time to win the prize of $RCOIN and experience points. For PvP mode, to ensure fairness and reduce the undesired effects of the real-life environment on the game, the race will run in the background

Battle Race 

Players must upgrade their cars with battle add-ons such as guns, shields, and powerful fuel of nitrogen to be eligible for battle mode. Each match will have a maximum of 8 racers. There will be no limited time or finish line, the players continue to attack and compete with each other until there is only one victory car remaining.

Tournament 

They will collaborate with the Council of Players to organize annual tournaments in spring and summer. The players will join the racing team and winners of the tournaments will be rewarded with valuable prizes.

Leaderboard 

They will reward players who have a high rank on the leaderboard every quarter as an incentive and express their appreciation towards our top players.

Gameassets

Racetrack Land & Track List

Each racetrack is divided into 100-150 land plots. Owners of racetrack land earn race fees each time a race happens. The earnings for the racetrack are divided evenly among the land plot owners on a track-by-track basis.

Benefits of Owning Racetrack Land:

1. Designated as a Land Baron in the game.
2. All of your cars skip the three-hour repair waiting period before being able to race again.
3. Earn $RCOIN tokens.

Cars 

Cars form the core asset of the game. Cars are required to play the game. Players have toy cars from the verified RACEFI Car Collection on the Marketplace.

From time to time new cars will be released (or dropped). The first set of cars released is the Genesis Collection, consisting of 5000 cars. During the drops, a variety of cars in different Car Classes are released.

Car Value

Cars have value from two perspectives: rarity and in-game attributes. Rarity is derived from the model and color of the car, its position and number in the release, and the collection it is in. 

Cars can be bought and sold, and when they are sold, any upgrades that were purchased are also sold with the car.

Land 

The land is a property of real-estate in-game. Each land is a unique, non-fungible token on the Solana blockchain.

Gas Station 

Gas functions as a sort of entrance fee for races. To enter a race, Racers must stop at a gas station and buy fuel with $. Racers buy a number of gallons (GAL) of fuel and then enter races that consume a specified amount of GAL per race. There are only 20 Gas Stations in the Genesis Collection of game assets. 

Benefits of Owning a Gas Station:

1. Designated as a Gas Baron in the game.
2. You will own the rarest asset in the game.
3. Earn Store commission
4. Customize the name of your Gas Station.

Garage 

Racers must bring their cars to a Garage to maintain them after finishing the race. Total proceeds at all Garage will be pooled together and distributed evenly to all Garage owners! There are only 40 Garage the Genesis Collection of game assets. 

Benefits of Owning a Garage:

1. Designated as a Land Baron in the game.
2. You will own the second rarest asset in the game.
3. Earn $RCOIN tokens commission.
4. Customize the name of your Garage

Billboard Land 

Advertising in car racing is a huge part of the sport. Billboard land is the way to advertise to racers during the game. As cars choose races to enter, they first need to “drive by” a billboard (this will show them the ad). You can own one of these billboards by buying Billboard Land.

Benefits of Owning Billboard Land: 

1. Designated as a Land Baron in the game.
2. Place your own ads, or rent out the ad space to others.

Roadmap 

Technical Data

Key metrics 

The native platform currency of the game is the $RACEFI, used for all in-game activities. Players will be able to race for free about two times per day, depending on the race class.

• Token Name: RaceFi
• Ticker: RACEFI
• Blockchain: Solana
• Token Standard: Utility
• Contract: Updating…
• Token type: Utility, Governance
• Total Supply: 200.000.000

Token allocation

Token release schedule

Token use case

RCOIN Token (In-game Token)

Earnings

• Win a race in PureRace or Battle Race
• Betting
• Participating in races
• Selling analysis and predictions
• Referral programs
• Reward programs
• Bug reporting

Utilities

• Upgrade of cars 
• Renting properties 
• Buying gas 
• Bug reporting
• Advertisements

RACEFI Token (Governance Token)

$RACEFI is a functional multi-utility token that will be used as the medium of exchange between participants on RaceFi in a decentralized manner. The goal of introducing $RACEFI is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on RaceFi without any intermediaries such as centralized third-party entity/institution/credit.

It allows players to buy game assets, game consumables (e.g. gas), stake to participate in certain exclusive events or in-game benefits, and participate in Racetrack auctions. All prices in the game will be quoted in $USD. This will allow players to focus on the game and not worry about potential fluctuations in the price of $RACEFI.

Token holder benefits

As an exclusive access token, $RACEFI holders will also get early access to the platform and will be the first ones invited to test new features.

Core token holder privileges:

• Early access to the platform
• Early access to the NFT asset drops
• First invitees to test new features

Token sale

Updating…

More information at: CLICK HERE

How to own the token?

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Market and Community

Market

The racing games market is anticipated to grow by US$13.64 Billion by 2030 rapidly growing at a CAGR of 11.6% during the forecast period. The global racing games market is driven by the rising number of mobile gamers around the world and the availability of affordable smartphones. These factors have helped shape the racing games market and are expected to boost its growth. Companies in the racing games market could also face challenges such as high consumption of internet data and platform restrictions. The details covered in the racing games market report cover all the aspects of the industry. racing games market analysts have also shared growth projections in the report and have suggested racing games market players plan growth strategies accordingly.

Community

RaceFi has crossed the mark of 57.100 Followers on Twitter

Backers

Team/ Founders

Advisors

Backed

Partners

Media

Verdict

RaceFi is the first AI/ML car racing game on the Solana ecosystem. Within RaceFi’s metaverse, players can earn while enjoying various game modes or make a profit by owning in-game property. Pure race or Battle race, PvP or PvE, racers or gamblers, the possibilities are endless.

Find more information about RaceFi:

Website: https://racefi.io/

Whitepaper: https://whitepaper.racefi.io/

Twitter: https://twitter.com/racefi_io

Telegram: https://t.me/racefi_io

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.

Elise

Coincu Ventures