To start, there will be 7 Racetracks in RacewayX. Cars can race on designated Racetracks based on that Car's racing class. Owner’s of Racetrack Land earn race fees each time a race happens. There are 1,000 land plots across all 7 Racetracks, with 6 different classes of rarity. A portion of total race entry fees are allocated to the Racetrack Land owners, based on class and rarity of the Racetrack. All Racetrack owners within the same class and rarity will earn the same amount.
Benefits of Owning Racetrack Land
- Passively earn RWX tokens - Anticipated Reward Share is 10-50% depending on the rarity of Racetrack Land.
- For every 3 plots of Genesis land you buy, you will get 1 free plot of EXTRA land in the RWX metaverse - the higher the class of land you own, the better land you will get in the Metaverse. This extra land is in addition to your Racetrack Land that you will already get.
- Your Racetrack Land is forward compatible. This means that you will benefit from racing entry fees of all cars from the initial Collection release and future collections!