Market Cap: $2.8414T -0.410%
Volume(24h): $56.2017B -56.090%
  • Market Cap: $2.8414T -0.410%
  • Volume(24h): $56.2017B -56.090%
  • Fear & Greed Index:
  • Market Cap: $2.8414T -0.410%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$86016.827096 USD

-3.42%

ethereum
ethereum

$2129.471540 USD

-3.13%

tether
tether

$0.999844 USD

-0.03%

xrp
xrp

$2.328702 USD

-8.44%

bnb
bnb

$595.845758 USD

-0.82%

solana
solana

$137.920269 USD

-4.71%

usd-coin
usd-coin

$0.999995 USD

-0.01%

dogecoin
dogecoin

$0.194781 USD

-3.73%

cardano
cardano

$0.809126 USD

-8.20%

tron
tron

$0.250091 USD

3.31%

pi
pi

$1.801049 USD

0.03%

chainlink
chainlink

$15.303441 USD

-10.54%

hedera
hedera

$0.227466 USD

-10.38%

unus-sed-leo
unus-sed-leo

$9.837554 USD

-0.88%

stellar
stellar

$0.276271 USD

-8.05%

Cryptocurrency News Articles

Race to a Billion: A New Decentralized Platform to Predict the Outcomes of Simulated Games Using Blockchain Technology and Cryptocurrency

Jan 06, 2025 at 12:11 pm

Race to a Billion is aimed at allowing people to predict the outcomes of simulated games by using blockchain technology and crypto. The decentralized platform is designed to allow people to submit their predictions using the RACE token.

Race to a Billion: A New Decentralized Platform to Predict the Outcomes of Simulated Games Using Blockchain Technology and Cryptocurrency

Race to a Billion is a new decentralized platform that allows people to predict the outcomes of simulated games, using blockchain technology and crypto. Here's a closer look at the platform and its native token, RACE.

Decentralized Platform for Predicting Simulated Games

Race to a Billion is a decentralized platform that aims to revolutionize the way people predict the outcomes of simulated games. The platform is designed to allow people to submit their predictions using the RACE token. The token serves various transactional and operational purposes within the ecosystem.

The system is created to promote transparency, security, and fairness in all transactions and outcomes. All processes are carried out using smart contracts, from event creation to storing entries and processing results. This ensures that all users have equal chances of winning and that the entire process is performed in a secure environment.

Decentralized Operation for Agility and Regulatory Benefits

Race to a Billion operates without any central authority, as all the processes are decentralized. This decentralized model helps the platform avoid the need for a central bookmaker and reduces regulatory hurdles.

Being a decentralized platform, Race to a Billion is protected from being classified as a traditional betting product, which helps it avoid some complex regulatory processes. However, the developers are committed to ensuring compliance with the best regulatory practices within the blockchain space.

Transparency in Processes for Building Trust and Demand

The transparency provided by Race to a Billion appears to be the long-awaited solution that the blockchain community has been seeking. Many people have demanded transparency in processes surrounding virtual predictions. The lack of trust in the entire activity has also discouraged many from getting involved.

With this transparency in place, it won't be surprising if Race to a Billion sees increased demand, raising the value of its RACE token in a very short time. To enhance its security, Race to a Billion conducts regular audits of its smart contracts to ensure security and reliability. Developers also respect user privacy and have robust measures to protect their data from being exposed.

Plan for Growth and Strategic Distribution of the Token

In the first phase of the project's roadmap, they created the website and wrote the whitepaper. The developers also carried out project scoping to ensure that everything is technically ready and in place.

The project is currently in the second phase, where it is conducting its token presale to bring more people into the ecosystem. The Race token will be distributed in this process to empower the community from the start, ensuring that users can hold as many tokens as they desire.

After the project launches, the RACE token will be available for predicting the outcomes of virtual races between favorite meme characters. At this point, users can begin to earn income on top of the passive income generated through staking.

The project will partner with exchanges, influencers, and various channels to help the RACE token continue to grow and become a worldwide phenomenon. They will also conduct various marketing activities to make the RACE token known throughout Web3.

RACE Tokenomics and Ecosystem Distribution

The RACE token has a total market capitalization of 2.5 billion tokens. The tokens have been distributed across various parts of the ecosystem to ensure continuous growth and development.

1 billion tokens have been allocated for the presale, 500 million tokens will be used for staking activities, and 250 million tokens each will be allocated for marketing activities, ecosystem development, and liquidity during exchange listings.

These strategic allocations cover early community building, staking rewards, making the project popular, spreading the word about it, various development activities, and ensuring ease of buying and selling at the best prices on exchanges.

Staking for Passive Income from the Presale

Users can stake their RACE tokens from the presale for consistent passive income. The staking reward is dynamic but still very high, exceeding 2,500% per annum. This significantly incentivizes those who join the project early.

As more people join the staking pool, the estimated rewards may start to decrease, meaning that now could be the best time to buy and stake RACE tokens for maximum rewards.

So far, more than 14.5 million tokens have been staked in the early stages of the presale, as different users want to enjoy the high staking rewards.

Beyond generating passive income, continuously staking tokens also increases decentralization and security within the blockchain ecosystem, which is beneficial for RACE tokens.

Moreover, staking can reduce the rate at which investors dump their tokens, creating some stability for RACE.

How to Join the Presale and Start Earning Rewards

You can join the RACE presale by swapping ETH, BNB, or USDT for the token. You'll be able to do this by connecting your decentralized wallets, such as Wallet Connect, Best Wallet, MetaMask, or Coinbase wallets, through the presale page.

Make sure you have enough funds in the accepted currencies to cover any associated fees.

You can stake RACE immediately to start earning passive rewards. Following the presale, the token will also be available for making various predictions, allowing users to start earning in a safe and transparent environment.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Mar 09, 2025