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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  1. TECHNICAL SUMMARY

NFT Marketplace

NFT cars can be bought in the in-game marketplace or any other NFT marketplace. The owner has complete control of their NFT DRM and $RACE tokens stored in a blockchain wallet.

The player can configure their DRMs prior to minting. The DRMs can be sold for a fixed price or via auction.

  • If the user decides to buy a DRM from the marketplace for a fixed price, $RACE tokens to the value of the machine will be written off from their wallet. Purchased NFT DRMs are then accounted to their wallet.

  • If the user has purchased a DRM for a fixed price from another user, NFT DRM ownership is reassigned to the corresponding buyer's wallet. $RACE tokens are reassigned to the user that sold the machine.

All the in-game assets are represented in the selected currency - fiat or crypto. However, all the transactions are made exclusively in $RACE.

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Last updated 3 years ago