Race to a Billion seeks to change how people predict outcomes of simulated meme coin races. It uses blockchain technology to ensure transparency and security of operations for all its users.
The RACE token is key to its operations as it powers various prediction activities, and users need to hold the token to participate.
The prediction industry has been filled with inconsistency and a lack of transparency. Many people feel cheated when the results of their predictions don’t go their way, especially in virtual competitions, thinking the platform has cheated them.
While this cannot be verified as true or false, Race to a Billion’s model removes this barrier. It ensures that all operations are open to users and that all racing activities are controlled by blockchain and smart contracts.
With this in place, the developers do not have a say over the outcomes of the games. This ensures that everyone has fair outcomes without the fear of being cheated from the backend. Users only have to submit entries for virtual races, and the smart contract will handle the event, entries, and results.
Why the RACE Token Could Skyrocket in Value Post-Presale
The RACE token is needed for all activities within the platform. Users buy it to make their predictions, and they also get paid in the token. The necessity of the token to participate in the platform ensures that the demand for it remains consistent.
The RACE token has a total supply of 2.5 billion tokens. 1 billion of those tokens will be distributed in this presale. Presale participants will have the opportunity to accumulate as many tokens as they want, potentially positioning them to enjoy spikes that may follow after the presale.
500 million tokens will be used for staking activities. This will ensure continuous activity and liquidity for the staking pool. 250 million each will go into ecosystem activities, development efforts, liquidity on exchanges, and various marketing activities that will help the project reach more people.
Race to a Billion’s decentralized architecture inherently shields it from traditional betting product classification, streamlining regulatory requirements. By implementing blockchain security best practices and maintaining transparency, the platform ensures regulatory compliance while remaining accessible to a global audience, potentially driving increased demand for RACE tokens.
In response to growing demands for accountability and security in betting platforms, Race to a Billion commits to regular smart contract security audits, maintaining reliability and user trust. The platform prioritizes user privacy through robust data protection measures, addressing the critical need for secure, trustworthy betting environments.
Race to a Billion Development Path
Race to a Billion has published comprehensive white papers detailing its project overview, objectives, and development roadmap. This transparency enables investors and users to evaluate the project’s value proposition, while thorough project scoping confirms its operational readiness.
During the presale phase, the developers will secure various partnerships to strengthen the community and keep it close to its goals. Post-presale, the RACE platform launch will enable users to leverage their tokens for prediction-based virtual races featuring popular meme characters in the Web3 ecosystem.
The project aims to establish global recognition through strategic collaborations with exchanges and influencers, positioning RACE as a prominent token in the Web3 landscape.
$RACE stakeholders are basking exclusive rewards and amassing passive income opportunities 🔥🏁
What are you waiting for? https://t.co/DMIMbXJzhS 💰🏎️#GameFi #F1 #Crypto pic.twitter.com/PYWguqfBbm— $RACE | Race To A Billion (@B_DollarJackpot) November 29, 2024
Staking Available from Presale Period
The project is also making staking available from the presale period. This gives users the opportunity to earn passive income as soon as they buy the tokens in the presale.
Based on the information on the website, the distribution of the token will occur at a rate of 142.69 RACE tokens per Ethereum block. They will also be distributed over two years, and users will be able to claim them when the claim goes live.
So far, more than 12 million tokens have been staked, with an estimated reward of 2,950% per annum.
The staking opportunity can also help stabilize the token price and provide more reasons for people to hold onto the RACE tokens for a long time.
This, combined with the need to hold onto the token for participating in various predictions, can be explosive catalysts for massive growth for the RACE token.
How to Buy the RACE Token and Get Involved in the Presale
Buying the RACE token is an easy process. First, visit the presale page and connect your wallet through the page. The accepted wallets include Wallet Connect, Best Wallet, Metamask, and Coinbase Wallet.
You can then exchange Ethereum, Binance Chain, or Tether (USDT) for the RACE tokens. There is an option to stake your RACE tokens immediately to boost your rewards and earn more RACE tokens during the presale.
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