RacewayX
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Tokenomics
RacewayX token is the governance token of the Defigame RacewayX platform. The maximum total supply is 1 billion tokens
Token name
RacewayX
Token symbol
RWX
Total supply
1,000,000,000
Token protocol
Initial - Binance Smart Chain, Polygon & Ethereum (Coming soon)

Token distribution

◻️ Seed & Presale : 9.06% ◻️ Marketing & Ecosystem : 10% ◻️ Liquidity : 20% ◻️ Community Incentives : 5% ◻️ Play to Earn : 22.6%
◻️ Core Team : 8% ◻️ Advisors : 6%
◻️ Staking : 16.64% ◻️ Bounty Allocation : 2.7%

Vesting Schedule

SEED ROUND: 2.40% - 24,000,000 $RWX. Vesting Schedule: 10% at TGE, 30 days lock-up, then 3% to be released each subsequent month.
PUBLIC ROUND: 6.66% - 66,600,000 $RWX. Vesting Schedule: 100% unlock at TGE.
PLAY TO EARN: 22.6% - 226,000,000 $RWX. Vesting Schedule: 2 months lock, 1% to be released each subsequent months for a year and Linear release for the next 10 months.
STAKING: 16.64% - 166,400,000 $RWX. Vesting Schedule: 2 months lock, 2.5% to be released each subsequent month.
CORE TEAM: 8% - 80,000,000 $RWX. Vesting Schedule: 12 months lock, then linear unlock each subsequent month during the next 18 months.
ADVISORS: 6% - 60,000,000 $RWX. Vesting Schedule: 6 months locked, linear unlock for 18 months
MARKETING AND ECOSYSTEM: 10% - 100,000,000 $RWX. Vesting Schedule: 0% unlocked at TGE, 30 days cliff, then, 1.2% for a year, then linear unlock during next 8 months.
BOUNTY ALLOCATION: 2.7% - 27,000,000 $RWX. Vesting Schedule: 3 months lock, 2% for the next 10 months, then linear unlock each subsequent 8 months.
LIQUIDITY : 20% - 200,000,000 $RWX. Vesting Schedule: Some amount will be used for liquidity, rest - linear unlock in the next 22 months.
COMMUNITY INCENTIVES: 5% - 50,000,000 RWX. Vesting Schedule: 3 months lock, 2% for the next 10 months, then linear unlock each subsequent 8 months.

Token sale information

Rounds
Sale price
Exp. sales value
Vesting period
For lock-up & distribution
Seed round 2.4%
$0.005 per $RWX
$120,000
10% at TGE, 30 days lock-up, then 3% to be released each subsequent month.
Public round 6.66%
$0.0075 per $RWX
$500,000
100% unlock.
Listing Price: $0.00875 Initial Liquidity: $150k
Last modified 4d ago