- Last Price₹0.01
- Market Cap₹4.85M
- All-Time Low₹0.0077
- Circulating Supply357.84M
- Turnover (24h)₹215.09K
- All-Time High₹168.68
- Total Supply4.99B
- Fully Diluted Market Cap₹4.85M
Learned by 177 usersPublished on 2024.04.03Last updated on 2024.12.03
₹0.01
-1.86%Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.
In a world where gaming meets reality, MetaTrace ($TRC) has emerged as a pioneering force within the GameFi sector, uniquely combining blockchain technology with an innovative Free to Play and Earn model. Aimed at motivating millions to engage in physical activities while exploring their surroundings, MetaTrace offers a refreshing perspective on how gaming can intertwine with real-world interactions.
MetaTrace is not merely another game; it is an immersive experience that fuses geolocation, blockchain technologies, and traditional gaming strategies. Utilizing advanced augmented reality (AR) technology, MetaTrace enables players to dive into the realm of Web3, experiencing gameplay that goes beyond mere digital interaction.
Players in MetaTrace can collect unique digital artefacts while journeying through their urban landscapes, transforming everyday explorations into rewarding adventures. The platform encourages creativity, allowing players to become their own adventure creators, thus broadening the gaming spectrum from mindless play to active participation in a community-driven ecosystem.
The vision behind MetaTrace ($TRC) comes from a dedicated team of professionals with deep expertise in the gaming sector. This team comprises veteran developers and designers who have honed their skills at some of the most reputable gaming studios globally, including renowned names such as Niantic, famous for “Pokémon GO,” Wargaming, known for “World of Tanks,” and several others like Kama Games and Game Insight. With this wealth of experience, the creators of MetaTrace possess an intimate understanding of engaging gameplay and user interaction, positioning them to deliver a project that stands out in the crowded GameFi marketplace.
While specific investment foundations supporting MetaTrace ($TRC) have not been publicly disclosed, the project has made strides in garnering attention within the crypto community. The backing of knowledgeable investors and potential partnerships within the gaming and tech landscapes signifies confidence in MetaTrace’s mission and technological prowess, although the details remain under wraps.
At the core of MetaTrace’s innovative approach are its uses of geolocation and blockchain environments, which bring its gameplay to life. The mechanics of the game allow players to:
Collect Digital Artefacts: Users have the opportunity to gather unique assets scattered across their physical surroundings, blending the digital and physical realms.
Interact Socially: Communication and interactions with other players foster a sense of community, enabling users to forge friendships and exchange resources.
Engage with NFTs: The in-game economy is powered by the $TRC token, which players utilise for various functions. This includes purchasing exclusive NFTs on the Trace Market, unlocking premium gameplay features, and facilitating governance within the platform.
The TRC token is particularly notable for its built-in deflationary mechanism. Each quarter, 5% of all tokens transacted within the game are burned, systematically decreasing supply and enhancing the value proposition for holders. This strategic move not only encourages participation but solidifies the token’s significance within the ecosystem.
Understanding the journey of MetaTrace is key to appreciating its current position in the crypto sphere. Here is an overview of significant milestones in its development:
Development Phase: Conceptualised by a skilled team of seasoned industry professionals, the project began development drawing from extensive experience in both gaming and technological realms.
Tokenomics: The design of the TRC token focused on sustainability and user engagement, implementing a deflationary mechanism that started early in the lifecycle of its introduction.
Launch: The official launch saw an enthusiastic response, with players eager to explore the game’s unique offering of real-world adventures infused with digital assets.
MetaTrace blends a variety of elements that make it stand out in the GameFi ecosystem:
Augmented Reality Technology: The game sets itself apart by incorporating AR, thereby offering an engaging and interactive gaming experience that uniquely connects users with their environment.
Free to Play and Earn Model: This user-friendly approach allows newcomers to engage without the financial barrier often associated with cryptocurrency projects, while still providing avenues for earning through gameplay.
TRC Token Utility: The utility of the $TRC token serves multiple functions, from purchasing NFTs to unlocking new experiences, showcasing the versatility and necessity of the token within the game.
Deflationary Mechanism: The burning of tokens not only contributes to a healthier ecosystem but also aligns the interests of both the project and its investors toward long-term growth.
MetaTrace ($TRC) stands at the forefront of the GameFi revolution, merging fun with fitness and exploration. With its innovative approach powered by geolocation and augmented reality, coupled with a strong community focus, it promises a vibrant future for users looking to earn while actively engaging in the world around them. The sophisticated design of the $TRC token and its deflationary strategy adds a layer of financial intelligence to the gaming experience, making MetaTrace a compelling project in the expansive Web3 landscape.
As the project continues to evolve, it sets the stage for an exciting journey at the intersection of gaming, finance, and physical activity, reflecting the future of how these elements can coexist in a blockchain-driven world.
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