RaceFi Telegram AMA — Recap

RaceFi
8 min readAug 12, 2023

Dear RaceFi community,

This week we had our second Text AMA in the Telegram Channel, where our Marketing Manager — Lucy Lee answered all the questions from community’s members about upcoming plan and the development direction as well. We really liked how it went down and we hope to have another one sometime in the future!

🗓️ August 11th, 2023

⏰ 13:00 PM UTC

🏡 Venue: https://t.me/racefi_io

Host: Suitie — RaceFi CM

Speaker: Lucy Lee — RaceFi Marketing Manager

INTRODUCTION

Suitie:

Hello and welcome to RaceFi AMA! I’m your host Hartom

Today we’re going to answer member’s questions about the upcoming activities of RaceFi and also the future development directions of the project as well.

Joining us today is Lucy, the Marketing Manager of RaceFi. Thank you for being with us today.

Lucy

Thank you for having me.

Suitie:

Before anything else, can you introduce yourself?

Lucy:

Hello everyone, my name is Lucy — RaceFi Marketing Manager. It’s my pleasure to join AMA with you guys today and I’m so excited to answer all the questions. Nice to meet you all.

PRE-COLLECTED QUESTIONS

Suitie:

We’re glad to have you here Lucy.

So, let’s proceed now to the first segment of our event: Answer to the member’s questions from the pre-collected form.

Unfortunately, due to the limited time, we will pick 10 best questions from members to answer.

Let’s start with the first one

Q1; By @Baobavietum: The RaceFi game is available on multiple operating systems, and it integrates with various exchanges and blockchain wallets. Could you provide more details on how players can seamlessly move between different platforms while enjoying a consistent gaming experience?

Lucy:

Thank you for this question, the aim of the integration is to create the most convenience and simplest way for players while get into the game.

However, at this moment, RaceFi has not yet supported moving between different platforms, but only supports the deposit and withdrawal of assets through only one network.For example, if you deposit token by Solana, you will need to withdraw by Solana as well.

But we are on the progress of researching and working to solve this question and in the future, the moving between different platforms will be available in RaceFi and you can experience the gaming consistency.

Suitie:

Q2; By @Vicless543: I’ve heard that we will have the Season 1 to play and earn. So when this season will be opened?

Lucy:

That’s right, our Season 1: Road to the World of Web3 will be opend with the same date of the release of mobile version, which is August 15th. So, you can enjoy our season right on your phone in an easiest way.

In this season, you will be able to take part in all the new features and programs of RaceFi, such as: Racing Leaderboard, Referral program, Racing Pass, Racing Club,…, compete with other players and have a chance to win a lot of fascinating rewards. You can find more detailed information of each feature in our Medium channel: https://racefi.medium.com/

Also, each week, we will have a AMA and youtube live to answer questions and race with our members.

Suitie:

Q3; By @Jimmymm4: Can you provide an in-depth overview of the forthcoming RaceFi Mobile version release on August 15th and how it aims to enhance the gaming experience by incorporating Web3 technology, and how will this release contribute to the adoption of blockchain technology in the gaming industry?

Lucy:

At the building stage of our project, we have planned to make RaceFi available on many different operating systems.

Because not all players can play RaceFi on PC, we are doing our best to accelerate the mobile build process and decided to release the first testing version on Testflight for IOS and APK for Android on this 15th.

You can play and participate in all RaceFi features and events right on your phone, just like the PC version.

Suitie:

Q4; By @kennedy192: The Referral Program introduces an interesting social aspect to RaceFi Season 1. Can you explain how the program works, including the process of inviting friends, earning rewards, and the role of tokens received in the referral program in enhancing the gaming experience and fostering community engagement?

Lucy:

The Referral Program will give you a chance to invite your friends joining the game with you

To have 1 successful referral, you will have to invite 5 of your friends first sign up the game and each of your invitee need to finish 5 races in Single-player mode

After that, you will be able to receive a reward of $5 worth of $RACEFI, and this reward can not be withdrawn but is used as a fee to join other races and events.

Suitie:

Q5; By @BlueWhell: I updated the game to the latest version and in the Wallet section I see 2 types of tokens, RACEFI and mRACEFI, what function does it have and how to get those 2 tokens?

Lucy:

Seems like you are an active player of RaceFi these days, so $mRACEFI is a token ingame and can not be withdrawn, it can be earned by completing missions in Racing Pass or successfully inviting friends in Referral Program. And it will be used to join any event that require the joining fee, for example joining or creating new race in Single-player mode.

And about $RACEFI, it’s like normal token, and can be deposited into game or withdrawn to your wallet. You can earned $RACEFI by taking part in various events or activities of RaceFi, like this AMA.

Suitie:

Q6; By @littleXiaYuanm: RaceFi Racing Club seems to add a cooperative dimension to the gameplay. Could you provide insights into the concept of Racing Clubs, how players can create or join them, and how the points accumulation system fosters teamwork and competition simultaneously?

Lucy:

RaceFi Racing Club reflects a miniature society right inside the RaceFi world and creates competition between Clubs. This feature allows you to create a strong team with your friends to race together and get the top spot to earn rewards.

The mechanism of Racing Club is quite simple, that you can choose to join an available club or create your own. Once you have a club, you and your members will dedicate the points by completing all the required mission, bring your club to the top on club’s leaderboard and share rewards together

Suitie:

Q7; By @Sanchezz91: NFT boxes are highlighted as exclusive rewards within the Racing Pass, particularly for the Premium package. Could you provide more details about these NFT boxes, how players can acquire and utilize them, and the significance of offering NFTs as rewards within the gaming ecosystem?

Lucy:

Sure, NFT box is the exclusive reward for those players who have purchased the Premium package

You will be able to choose in advance which car box you want to get when all the mission milestones are completed.

In details, when you have bought a Premium Package from Racing Pass, you will be able to select one Mystery box from among 5 regular boxes and 1 supreme box. For the regular Mystery box, you can only open 1 type of car of each box, while the supreme box will have 5 types of car at the same time.

Suitie:

Q8; By @Alextran: What is the required configuration to play RaceFi?

Lucy:

At this moment, RaceFi is playable on window system and soon on IOS and Android as well. For the MacOS platform, we are on the progress of building and optimizing, soon it will be available for players.

You guys can check all the requirement for each platform system here: https://docs.racefi.io/getting-started/system-platform-requirement

Suitie:

Q9; @Ramosta: Will you launch again the past weekly challenge leaderboard?

Lucy:

Racing Leaderboard is where we rank all the players according to their accumulated points and the number of races. We are happy to announce that The Racing Leaderboard will be opened at the same time with the release of mobile version.

This time, we will distribute 1 million $RACEFI for 2000 top ranking players at the end of season 1. And you can find the amount of $RACEFI that each rank will get in this article: https://racefi.medium.com/racefi-racing-leaderboard-season-1-road-to-the-world-of-web3-79f656ae1449. So get well-prepared for the upcoming fierce races, guys!!!

Suitie:

Q10; By @kingstorm: Hello team, I have received information from kucoin exchange that RACEFI will be delisted from the exchange. So in the future, what plans do the team have to develop products as well as transaction methods with RACEFI Token?

Lucy:

The delist of RaceFi from Kucoin is a very sudden and sad news for our team and for users as well. But don’t worry too much, because you can still trade $RACEFI on Raydium exchange.

For the future development, we will upgrade RACEFI token to V2 and list on other exchanges. Right now, we’re proceeding to work and discuss with partners for this issue. More information will be announced to you as soon as possible.

Suitie: Thank you for all the detailed answers!

Now let’s move on to the 2nd segment of our event. It’s time to take live questions from our members who are with us today. We will give you a few seconds to submit your best questions.

LIVE QUESTIONS

1. Ali Collin

Why did RaceFi token get deleted from Kucoin?

Answer:

The news of being delisted from Kucoin is also a sudden news for RaceFi team. We’ve reached to Kucoin team few times but they also don’t give us any detailed explanation except the announcement of delist.

And the same as you guys, we’ve just received the exact date of delist yesterday. So nothing more can we do the solve this problem.

2. Win

I see other racing games that often have weekly or monthly tournaments. Does RACEFI have any upcoming tournaments?

Answer:

Tournament is definitely one of the most important activities on our Marketing strategy in the future. Recently, we have made partnership with Owned platform and have prepared a big tournament for our members to join and earn fascinating rewards, and it will be coming soon this quarter. Stay tuned, guys!!! 😘

3. Sophia Queen

How can we trust your project and believe you are not a scam project? A lot of rage-pulling and exit scams happening these days? thank

Answer:

Our team is still working hard day by day to build and develop the project. Seeing the updates everyday about our upcoming activities is the most trust-worthy evidence that our project is not a scam. Let’s put more faith in RaceFi and more good news will be coming soon to you guys.

4. Antonio Gutierrez

Can i buy your tokens right now and also which wallet support your Tokens?

Answer:

$RACEFI now is still can be traded on Raydium. Phantom, Metamask and Coinbase wallet is the three that support our token.

5. Ya Allah

Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project?

Answer:

Our team is always listen to the feedback from our members everyday. However, it will depend on the timing to consider to take action and when we can apply that request on our creation process. Thanks to your feedback and suggestion these time, we can find a lot of new idea for our upcoming features and make the project develop more and more.

About RaceFi:

RaceFi is a Decentralised Metaverse and Car Racing game with Web3 infrastructure | Built on Multichain(Solana, BNBChain, Polygon), Unreal Engine 5, AI/ML. All ownable parts of the game are in the form of verifiably owned NFTs. Within RaceFi’s ecosystem, players can earn while enjoying various game modes to satisfy the thirst for speed or make a profit by owning in-game property.

Stay up to date on everything about RaceFi Season 1 by becoming a part of our community.

Website | Telegram | Twitter | Discord | Instagram

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RaceFi

RaceFi is the first AI/ML integrated car racing game on Solana ecosystem.