RacewayX

RacewayX is a play-to-earn car racing game where players and participants own parts of the game. Players can earn by playing the game or by simply owning parts of the game. All ownable parts of the game are in the form of verifiable owned NFTs.

The in-game currency would be RacewayX Token (RWX), used for all in-game activities. Players will be able to race for free once in 24 hours, depending on the race class.

Players buy cars and can level them up with upgrades like better engines, exhaust, tires and nitrous. To race, players buy gas at a gas station, and then enter an upcoming race. We have two gameplay models:

1. The F2E model which allows players earn XP and RWX tokens

2. The custom events model requires track fees per racetrack which makes up the reward pool. First place wins 50% of the reward pool, second and third place split the second half of the pool. Winnings are paid out in RWX Tokens.

When entering a race, players are presented with the Race Conditions. With this in mind, players select from several options that makeup their Race Strategy to compete in the race. The race then happens in the background. Results of the race are determined primarily by how well each player's Race Strategy played out, and secondarily by a weighted random algorithm. Cars with higher XP and upgrades have an advantage in the race.

Ownable parts of the game include: Cars, Gas Stations, Tuneup Garage, and Racetracks.