RaceMe Whitepaper
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  • Overview
  • INTRODUCTION
    • A Niche in the Gaming Market
    • Problems Targeted
    • Solutions
    • Summary
  • MARKET OVERVIEW
    • Computer Gaming
    • The Global Automotive Market
    • Conclusion
  • RACEME PLATFORM
    • A Brief Overview
    • How does it work?
    • NFT DragRacing Machines (DRMs)
    • DRM Racing
    • DragStrips
    • Fully Automated Prize Allocations
    • Roadmap
  • TECHNICAL SUMMARY
    • NFT Marketplace
    • Secure NFT Technology
    • Stat Algorithm
    • Bespoke Controlled RNG Technology
    • Additional Security
  • TOKEN ECONOMY
    • RaceMe Token ($RACE)
    • RaceMe Token ($RACE) Utility
    • MetaRacer Earning Streams
    • $RACE Token Holder Benefits
  • BUSINESS MODEL
    • Monetisation
    • Fee structure
    • Growth Model
    • Scaling
    • Further expansion
  • Founder Profiles and Background
  • FINAL WORDS
    • Disclaimer
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  • Huge demand for games with play-to-earn features
  • Slow and expensive transactions
  • Drag Racing is a lot of fun, but illegal in the real world
  • Real-world car meets are difficult to organise
  1. INTRODUCTION

Problems Targeted

Huge demand for games with play-to-earn features

Video gaming is a multi-billion dollar industry expected to further grow exponentially over the next decade. Gaming used to be solely a leisurely activity; it is fast becoming a profit-making activity too.

Yet in the current market, the opportunities to earn revenue from specific video games remain far and few between. We believe there is a huge opportunity in the market for video games with Play2Earn (P2E) features.

Slow and expensive transactions

Fiat-based video games have very slow transactions. It is not uncommon for players to have to wait for a significant amount of time for a deposit to go through their bank and then go through a long verification process to be able to participate in-game. Waiting for several days for their purchased assets to appear in the game is not uncommon. Also, if a player chooses to use a platform that is based in another country, the transactions are very expensive due to currency exchange.

Drag Racing is a lot of fun, but illegal in the real world

Noise pollution, air quality concerns and the safety of amateur racers are among the many reasons why real-world drag races have largely been outlawed outside of professional racing. Drag Race enthusiasts can watch a small handful of professionals earn hundreds of thousands by racing on televised events, but to partake themselves risks landing them with a fine or a criminal record!

Real-world car meets are difficult to organise

Phil from Oxfordshire isn't going to drive his Jaguar E-Type all the way to San Diego to hang out with Lauren and her Shelby GT-500. Any hopes of petrolheads meeting up to compare and show off their prized vehicles are hampered by insurmountable time and money constraints.

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Last updated 3 years ago