RACEFI (Governance Token)
Name: RaceFi token Symbol: $RACEFI Quick overview: RACEFI (ticker $RACEFI) is the native utility and governance token of the RaceFi platform — the currency that powers the car racing game, in-game marketplaces, and player-driven governance. What it is: The cryptographically secured, fungible $RACEFI token is designed as an interoperable utility token for the RaceFi ecosystem. It enables payments, rewards, staking, and governance participation inside the platform. Holders can use $RACEFI to buy in-game property, access exclusive features, and take part in community decisions. Legal & scope summary: $RACEFI is intended solely as a utility/governance token for RaceFi. It does not represent equity, shares, or a right to dividends, and it is not intended to be used as fiat or general legal tender. For full legal details and jurisdictional notes (including Vietnam and Singapore), see the whitepaper and legal page. Primary uses (at a glance): Player example scenarios: Pricing notes: While in-game prices are quoted in USD to help players focus on gameplay rather than short-term token price fluctuations, $RACEFI is the primary settlement token inside the platform. The team monitors price and liquidity; when $RACEFI is broadly available on decentralized exchanges, all asset drops will transition to being purchasable in $RACEFI. Ecosystem incentives: $RACEFI distribution is tied to activity — players earn tokens based on usage, performance, and contributions. This creates a positive feedback loop: more players and diverse game modes increase demand for the token, which drives more engagement in the racing game and related metaverse features. Learn more: For the detailed token contract address, full tokenomics, vesting schedules, and technical specs (including Solana ecosystem integrations), see the official whitepaper and documentation linked on the platform page. Only 200,000,000 $RACEFI tokens will be minted. Allocation % Amount Funds…
