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RacewayX IDO Whitelist on DAOStarter

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 & earn!

RacewayX IDO Whitelist on DAOStarter

IDO Details

The key RacewayX IDO details are as follows:

· Whitelist date: 6:00 am 12th of January 2022 UTC

· Whitelist closed: 5:00 am 17th of January 2022 UTC

· Sale date: 9:30 am 17th of January 2022 UTC

· Sale closed: 9:30 am 18th of January 2022 UTC

· USD$100,000 of $RWX will be available through the IDO, totalling 10,000,000 tokens

· Min investment: $100

· Max investment: $250

· IDO Price: $0.01

· Currencies: USDT

· IDO Type: FCFS

· Network: BSC

· Selected addresses for whitelist : 700

· Vesting Period: 20% at TGE, then linear unlock during next 3 months

Whitelist details

In order to qualify for the DAOStarter IDO and to get whitelisted, you need to fill out the Whitelisting form (link below) :

https://docs.google.com/forms/d/e/1FAIpQLSf0FrOGHavYuowOKOqSlRFr1XWnzojcBteeirT3Df6nGh2z2A/viewform?usp=sf_link

Within the form, you will need to:

1. Confirm your email address

2. Twitter handle(Username)

3. Telegram handle(Username)

4. BSC wallet address

5. Set your NFT avatar on DAOStarter

6. Join the RacewayX Telegram

7. Follow RacewayX on Twitter

8. Join the DAOStarter Telegram Group

9. Follow DAOStarter on Twitter

10. Follow Follow DAOStarter Telegram Channel

11. Tag 3 friends in comments, and retweet the following tweet

Once you have completed all fields, submit the form.

Please Note:

Whitelist entries will be screened, with the following to be disqualified from participating in the IDO:

· Invalid wallet addresses, Twitter and Telegram accounts

· Entries made by bots

· Duplicate entries

· Incomplete entries missing any of the form criteria

After the whitelisting form closes, a randomized draw will generate a list of users approved for participation in the IDO. Approved users will receive an email from sale.

Important

· The RacewayX team will NEVER message you first on any social media platform

· Users do not need DSTs to participate in whitelist activities

About RacewayX

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 & earn!

Introduction

RacewayX is the first multi-chain text-based strategy racing game with blockchain-powered economy and prize pool redistribution contracts. True gem in the P2E gaming industry.
• Interactive P2E • Farming and Staking • Token Supports In-Game Economy • Collectible NFTs with UTILITY
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 verifiable 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.
Players buy cars and can level them up with upgrades like better engines, exhaust, tires and nitrous. To race, players buy gas at a gas station, and then enter an upcoming race. The total of all the gate fees per racetrack 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.
When entering a race, players are presented with the Race Conditions. With this in mind, players select from several options that makeup their Race Strategy to compete in the race. The race then happens in the background. Results of the race are determined primarily by how well each player’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, Tuneup Garage, and Racetracks.

Tokenomics

RacewayX token is the governance token of the Defigame RacewayX platform. The maximum total supply is 1 billion tokens
Token name: RacewayX
Token symbol: RWX
Total supply: 1,000,000,000
Token protocol: Initial – Binance Smart Chain, Polygon & Ethereum (Coming soon)

Vesting Schedule

SEED ROUND: 10% – 100 000 000 $RWX. Vesting Schedule: 12% at TGE, 30 days lock-up, then 24% to be released each subsequent month.
PRIVATE ROUND: 8.75% – 87,500,000 RWX. Vesting Schedule: 16% at TGE, 30 days lock up, then 24% to be released subsequent month.
PUBLIC ROUND: 4.55% – 45,500,000 $RWX. Vesting Schedule: 20% at TGE, then linear unlock during next 3 months.
PLAY TO EARN: 15% – 150,000,000 $RWX. Vesting Schedule: 2 months lock, 20% to be released each subsequent month.
STAKING: 10% – 100,000,000 $RWX. Vesting Schedule: 2 months lock,20% to be released each subsequent month.
CORE TEAM: 8% – 80,000,000 $RWX. Vesting Schedule: 12 months lock, then linear unlock each subsequent month during next 18 months.
ADVISORS: 6% – 60,000,000 $RWX. Vesting Schedule: 5% at TGE, 2months lock, then linear unlock each month during next 12 months.
MARKETING AND ECOSYSTEM: 10% – 100,000,000 $RWX. Vesting Schedule: 5% unlocked at TGE, then linear unlock during next 18 months.
BOUNTY ALLOCATION: 2.7% – 27,000,000 $RWX. Vesting Schedule: 3 months lock, then linear unlock each subsequent in the next 18 months.
LIQUIDITY : 20% – 200,000,000 $RWX. Vesting Schedule: Some amount will be used for Liquidity, rest – linear unlock in the next 12 months.
COMMUNITY INCENTIVES: 5% – 50,000,000 RWX. Vesting Schedule: 12 months lock, then linear unlock each month for the next 18 months

Roadmap

Q4- 2021
  1. 1. Idea and Market research 🟢
  2. 2. Concept formulation 🟢
  3. 3. RaceWayX native token development 🟢
  4. 4.Commencement with NFT development 🟢
  5. 5.RaceWayX MVP launch 🟢
  6. 6.Onboarding initial advisors & backers 🟠 – Ongoing
  7. 7.Seed Phase Fund raising 🟨 – Ongoing
  8. 8.Private Phase Fund raising 🟨 – Ongoing
  9. 9.Influencers Marketing 🟨 – Ongoing
Q1 2022 – Q2 2022
  1. 1.Public Phase Fund raising 🟨
  2. 2.Listing on Dex 🟨
  3. 3.Coingecko and Coinmarketcap listing 🟨
  4. 4.Cars NFT drop 🟠
  5. 5.Listing of redeemable NFTs 🟨
  6. 6.Other game asset NFT drop 🟨
  7. 7.Staking launch 🟨
  8. 8.Game Beta testing 🟨
  9. 9.Press release 🟨
  10. 10.Game launch 🟨
  11. 11.Partnerships 🟨
  12. 12.Play to Earn events 🟨
  13. 13.Marketing and Social Media Buzz 🟨
  14. 14.CEX listing 🟨
  15. 15.Global Community tournament 🟨
  16. 16.Ambassadors program launch 🟨
  17. 17.Another top tier CEX listing 🟨


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