The post From Memes to Millions? How $RACE Token is Shaking Up Betting with AI appeared first on Coinpedia Fintech News
The blockchain gaming landscape continues to change in the past few years, with Race to a Billion emerging as a notable project that combines AI-powered racing predictions with blockchain technology. At the heart of this innovative platform lies the $RACE token, currently priced at $0.00829 during its presale phase, which has already garnered over $230,000 in contributions from early participants.
How the Prediction Model Works
Race to a Billion’s prediction model is powered by AI, making every race an exciting blend of strategy and chance. Instead of manually controlling racers, players analyze different factors to make the best possible predictions.
At the heart of the system is an advanced AI that simulates racing events. Each race unfolds based on key variables, creating a dynamic and unpredictable experience:
Track Conditions – Every track comes with its own challenges, influencing how racers perform. Character Traits – Meme characters aren’t just for show; each one has unique abilities and racing styles that impact the outcome. Historical Data – Players can dive into past race stats, studying trends to refine their predictions.Players can place predictions on multiple race outcomes, adding layers of strategy to the game. Some of the key betting options include:
Overall Race Winners – Guess which character will take the top spot. Fastest Laps – Predict who will clock the quickest lap time. Head-to-Head Matchups – Bet on direct rivalries between specific racers.With AI driving the races and blockchain ensuring fairness, the prediction model offers an engaging, transparent, and skill-based betting experience.
Breaking Down $RACE Tokenomics
The $RACE token follows a carefully structured distribution model with a total supply of 2.5 billion tokens. The largest portion, 40% (1 billion tokens), has been allocated to the presale phase, ensuring broad initial distribution among early platform supporters. The remaining supply is divided strategically, with 20% reserved for staking rewards and four equal portions of 10% each designated for development, liquidity, ecosystem growth, and marketing initiatives.
The development allocation plays a crucial role in the platform’s evolution. These funds support continuous improvement of the AI racing system, user interface enhancements, and integration of new features requested by the community. The separate liquidity allocation ensures smooth trading operations and price stability, making it easier for users to enter or exit positions as needed.
Marketing and ecosystem funds work in tandem to expand the platform’s reach and capabilities. The marketing allocation supports various promotional activities, from social media campaigns to strategic partnerships with influencers in the crypto space. Meanwhile, the ecosystem fund focuses on building relationships with other projects and platforms, creating opportunities for cross-platform integration and expanded utility for $RACE token holders.
Staking Mechanism and Rewards Structure
Smart contracts handle all the behind-the-scenes work automatically. They track staking periods and rewards without any manual intervention needed. Users earn rewards for keeping their tokens staked, which helps maintain a healthy token supply in the market.
No joke – stakers are earning a massive 2,500% APY right now. The team’s put aside 500 million tokens just for rewards, so early birds can really cash in.
The staking process works on a seven-day lockup period after claiming. This cooling-off period helps stabilize token circulation and prevents rapid sell-offs that could affect token value. Users can monitor their earnings in real-time through the staking dashboard, watching their rewards accumulate with each passing block.
Staking rewards are distributed based on the proportion of tokens each user has staked compared to the total staking pool. This fair system ensures that everyone gets their share of rewards based on their commitment to the platform. As more users join the staking program, the reward rate may adjust to maintain long-term sustainability.
Technical Infrastructure and Security Measures
Security is at the heart of Race to a Billion’s design. The team went the extra mile by partnering with SolidProof to thoroughly audit their smart contracts. This means users can trust that their tokens and transactions are protected by top-notch security measures.
The blockchain foundation of the platform ensures complete transparency. Once a race result or transaction is recorded, it’s there for good – unchangeable and visible to everyone. The AI-powered racing system adds another layer of fairness, making sure every race outcome is genuinely random and free from manipulation.
How to Buy the $RACE Token?
Getting started is simple. Buy tokens using ETH, USDT, BNB or a credit card. Head to Race to a Billion website, choose your payment method, and follow the easy setup process. Remember to check out the staking options – they’re worth considering if you plan to hold your tokens.
For crypto-savvy users, the process starts with connecting a compatible wallet like MetaMask or Trust Wallet to the platform. The minimum purchase amount is kept reasonable to allow broad participation. Users can swap their existing cryptocurrencies for $RACE tokens at the current presale price of $0.00829.
Platform accepts crypto cards too if you are new to crypto and do not own it yet.
After purchasing, tokens appear in the user’s dashboard. From here, they can track their holdings, view transaction history, and access the staking interface. The dashboard also provides real-time updates on token performance and platform metrics.
For those interested in maximizing returns, the platform offers detailed guides on using its features effectively. Support staff are available through official channels to help with any questions about token purchase, staking, or platform navigation.
JOIN RACE TO A BILLION (RACE) COMMUNITY TODAY
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