MetaTrace | $TRC
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We may be a game, but weโ€™re still involved with crypto. And right now, the cryptocurrency market is more influenced by politics than ever. The elections are over; what do you think will happen next?
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So where does the crypto in the game actually come from? In other words, what backs it?

๐ŸงLet's figure it out. This might get a bit complicated, but I hope you'll understand.

๐Ÿค Usually, a crypto game has its own tokenโ€”the heart of the game. It's either limited in quantity or not. In MetaTrace, we have both: TRC (finite) and ACE (infinite). And like any token, it must be backed by something (real assets).

But if you produce something infinitely, or even just too much, it loses its value. Makes sense, right? So what do we do then?

We periodically burn tokens, thereby reducing their quantity. Okay.๐Ÿค

But if we keep distributing tokens in the game, their value will start to drop again. And this will turn into that scary termโ€”a Ponzi scheme. Tokens can't just appear out of thin air (just like regular money).

So, we need a balance that allows players to win a lot of tokens without breaking the game's economy. How do we achieve this?

50 ๐Ÿ‘Ž (since you love to give them), and we'll release a continuation where we tell you about the solution we came up with.
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MetaTrace | $TRC
So where does the crypto in the game actually come from? In other words, what backs it? ๐ŸงLet's figure it out. This might get a bit complicated, but I hope you'll understand. ๐Ÿค Usually, a crypto game has its own tokenโ€”the heart of the game. It's either limitedโ€ฆ
Great ๐Ÿ™Œ thank you all for the engagement!

So, hereโ€™s the challenge: to build a stable economy in the crypto game (to keep the gameplay exciting and make sure prizes donโ€™t just come out of thin air). Hereโ€™s what weโ€™ve managed to come up with ๐Ÿช™โฌ‡๏ธ
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How to earn in MetaTrace? ๐ŸคŸ

This is one of the most popular questions we get. To clarify, since itโ€™s a game, weโ€™re not talking about straightforward "earnings" but rather the chance to win cryptocurrency. In this post, Iโ€™ll explain how the reward system works and where the funds come from.

Main Gameplay:

๐Ÿ”ธ Collecting Pins: Your avatar moves around the game world, gathering pins.
๐Ÿ”ธ Resources and Tasks: Each pin contains various resources and tasks.
๐Ÿ”ธ Getting Tickets: A Gold Ticket can drop from a Pin if you have a subscription or it can be purchased in the store. Silver Tickets can be bought with GEMs in the store.
๐Ÿ”ธ Using Tickets: Tickets give you a chance to win a reward in the AirDrop.
๐Ÿ”ธ Frequency: On average, a player can get 4 Gold Tickets per day.
๐Ÿ”ธ Opportunities: The more you play and the higher your avatar and office level, the more tickets you can get.

How are rewards distributed in the AirDrop?

Rewards come from a common pool that is formed every two weeks. The pool consists of:
๐Ÿ”น In-game purchase revenue: All funds from purchases in the app store, Telegram bot, and web platform go into the pool.
๐Ÿ”น Marketing budget: We also contribute a portion of our marketing budget to increase the prize pool and attract new players.
๐Ÿ”น Virtual resources: The pool also includes pet shards, gems, and tickets.

The marketing budget is our investment in project growth, allocated as a percentage to create larger prizes.

How does the prize system work?

Each ticket has a certain value, from pet shards to a major cryptocurrency prize. The more actively and frequently you play, the higher your chance to win the GRAND PRIZE ๐Ÿฅ‡

Growth Strategy

We plan to increase the prize pool every two weeks and continue attracting new players. The more players and the more purchases they make, the bigger the Super Prizes will be. Our goal is to reach a Super Prize of ONE BITCOIN within 3-4 months ๐Ÿค‘
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โš™๏ธBy the way, recently there were some issues with the blockchain and token withdrawals.

Weโ€™ve identified the source and have already fixed everything. Thanks to everyone who reported the issues. ๐Ÿค

P.S. If youโ€™re still experiencing any errors for any reason, please reach out to โžก๏ธsupport ๐Ÿณ๏ธ
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๐Ÿคฌ Our last post received many comments with different opinions, including some criticism of our rewards system. To some extent, this is understandable.

๐Ÿ‘€ But why is the Airdrop set up this way?

After studying the market and various economic models in crypto games, we noticed that many either turn into bubbles with declining interest or donโ€™t involve cryptocurrency in the game balance at all ๐Ÿ‘Ž

๐Ÿซก Our goal is to create a crypto game with a secure and stable economy. Thatโ€™s why we chose a reward distribution through Airdrops, allowing us to maintain a balanced system protected from manipulation and bubbles.

๐Ÿ“Œ And yes, the Airdrop is not the main mechanic in the game. I just wanted to explain how weโ€™re currently balancing crypto rewards and why we chose this approach.
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๐Ÿ‘จโ€๐Ÿ’ปThe developers are currently working on refining the other mechanics. Next week, Iโ€™ll try to snag more details about the upcoming update.

But we need your reactions (and not just thumbs down) ๐Ÿ”’
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New week, Tracers! Checking in! ๐Ÿชง
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I previously explained how the Airdrop currently works. And thereโ€™s a reason for that. ๐Ÿซก

Itโ€™s the first step, you could say.

On November 14, weโ€™ll be taking the second step! Whatโ€™s that about?

๐Ÿช™ Weโ€™re gradually moving toward rebalancing Airdrop as a game mechanic.

Whatโ€™s changing:

- โฌ†๏ธ First of all, the best part โ€” weโ€™re increasing the prize pool
- ๐Ÿ”ฅ Airdrop prizes will be split into seasons. New season, new prize pool
- ๐Ÿ’Ž Each season will have a limited number of prizes
- โœจ The prize pool will refresh at the end of each season (just to make it extra clear)

The current season will be launched as a test on November 14 and will run until the next update. And Iโ€™m sure you have plenty of questions. So, leave them in the comments ๐Ÿ‘€

Iโ€™ll be sharing all the details tomorrow, so make sure to turn on notifications ๐Ÿ””
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๐Ÿณ๏ธ About Security in the Game

โ—๏ธ The crypto world isnโ€™t just โ€œfunโ€ and โ€œmeme-coins.โ€ Itโ€™s not just Bitcoin bull runs. Itโ€™s also a big field for fraud (scams).

๐Ÿ›ก To protect your assets and maintain the game economy, we made several changes in the latest update. ๐Ÿ”’ Youโ€™ve probably already noticed them.

โŒ› Now, when withdrawing TRC, ACE, or NFTs from your wallet, youโ€™ll see two sections: โ€œAvailableโ€ and โ€œOn Hold.โ€ Assets in โ€œAvailableโ€ can be withdrawn immediately, while those โ€œOn Holdโ€ will be available for withdrawal after 7 days.

This change prevents attacks, thefts, and the exploitation of vulnerabilities before they even happen. ๐Ÿค 
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MetaTrace | $TRC
๐Ÿณ๏ธ About Security in the Game โ—๏ธ The crypto world isnโ€™t just โ€œfunโ€ and โ€œmeme-coins.โ€ Itโ€™s not just Bitcoin bull runs. Itโ€™s also a big field for fraud (scams). ๐Ÿ›ก To protect your assets and maintain the game economy, we made several changes in the latest update.โ€ฆ
So, how does the hold work?

It automatically counts down 7 days, starting from the moment you receive the reward in the game.

๐Ÿ“Œ One important note: every withdrawal has a fee of 50 ACE. Keep in mind that for a successful withdrawal, your amount must be at least 50 ACE less than your current balance.

Give a ๐Ÿ‘Ž if you also believe that security in crypto is essential!
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๐Ÿ“As the Cards Fall

๐Ÿ‘จโ€๐Ÿ’ปIn the very beginning, we built MetaTrace as a geolocation-based game. The map was the main stage, and the actions depended on playersโ€™ real-life movements. But something went wrong. Why?โ˜น๏ธ

๐ŸŒGeolocation technology is tied to the phoneโ€™s GPS services, which rely on satellites. While this feels natural for navigation, for gaming... we faced a chasm of challenges:

- ๐Ÿ”‹phones heat up and drain battery quickly
- โšก๏ธrequires consistently high-speed internet
- ๐Ÿ’€weaker phone models struggle
- โš ๏ธGPS issues spawn a flood of bugs
- ๐Ÿ˜’thereโ€™s simply less interaction with the game (players have to move in real life)

Whatโ€™s next? With each new player, it became clear: the success of games like this began and ended with Pokemon GO.

๐Ÿ‘€So itโ€™s time to change our approach. Starting with version 1.2, we introduced simplified map-based collection. But a new problem arose: the process became... boring.
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๐Ÿ“The map is the core gameplay of the game, around which all other mechanics revolve. But it wasnโ€™t engaging enough.

So, we introduced the Game Spinner mechanic in version 1.4, and most players loved it!

Few people know, though, that this was the start of a whole series of map-related updates. โญ๏ธ

๐Ÿ†’The next stage is coming in the upcoming update.
๐Ÿซก Iโ€™m starting to build a bridge between players and the refreshed map.

P.S. Current mechanics will remain relevant, so donโ€™t worry! I saw some concerns in the comments on the last post.

50 reactions, and Iโ€™ll swap them for more update details. ๐Ÿช™
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Important Announcement โ—๏ธ

Today, our $ACE smart contract was attacked, putting some funds at risk. We immediately suspended all operations, initiated an investigation with experts, and are working on a compensation plan for affected users. Please refrain from any interactions with the $ACE contract until further notice.

We appreciate your trust and will keep you updated on all developments.
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What happened yesterday?

Yesterday, our system was subjected to an external attack, which resulted in the ACE smart contract being compromised. The attackers generated 10^16 ACE tokens and stole around 1 million TRC.

At approximately 17:00 UTC, we suspended the ACE contract and all game-related service contracts.

These measures are essential to identify threats, thoroughly assess damages, and prevent further attacks.

Currently, we are continuing our investigation. However, we have already implemented security enhancements to reinforce our defenses. Services will be resumed under normal operation soon.

๐Ÿณ๏ธWe are also developing a compensation plan to address the damage caused to players, including a complete review of security measures to prevent similar incidents in the future.

In upcoming posts, Iโ€™ll provide more details on:

- Our recovery plan
- Immediate actions weโ€™re taking to stabilize the situation
- The future of in-game assets, including the ACE token
- Our strategy for maintaining player trust

Thank you for your understanding and support. We highly value your trust and are doing everything possible to ensure future security.

โ€” The MetaTrace Team
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MetaTrace | $TRC
What happened yesterday? Yesterday, our system was subjected to an external attack, which resulted in the ACE smart contract being compromised. The attackers generated 10^16 ACE tokens and stole around 1 million TRC. At approximately 17:00 UTC, we suspendedโ€ฆ
UPD

โšก๏ธWe have identified the source of the issue and are actively working to address all related scenarios.

However, this will take time.

Full system functionality will be restored by early next week.

โš™๏ธUntil then, our top priority is ensuring security. Unfortunately, some services will operate with limitations, but the wallet and marketplace will continue to function normally.

We understand the inconvenience this may cause and are making every effort to resolve the issue. Your support is incredibly important to us during this challenging time.

๐Ÿณ๏ธTomorrow, Iโ€™ll share details about the upcoming changes for our game. Thank you for staying with us!
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๐Ÿณ๏ธ Global Changes (1/3)

The recent incident has been a major shock for the entire project.

This event has led us to re-evaluate certain aspects of the game to create a stronger and more secure system.

๐Ÿช™In the upcoming update, MetaTrace will transition to a single token โ€” TRC, which will fully replace ACE in the game.

This means that:

๐Ÿซก All Airdrop rewards are now issued in TRC tokens instead of ACE. Additionally, this season weโ€™ve increased the prize pool and the number of grand prizes.

๐Ÿ”œ Starting next week, we will launch the process of converting ACE to TRC for all players.

โ—๏ธWe will completely remove ACE from all mechanics (Airdrop, pet creation, buildings, attacks on opponents, and the D2E mode) and replace it with other rewards, including TRC.

โš™๏ธThe D2E mode will go into reconstruction with the next update. All players with NFT Cars in their garages will receive an additional drop as compensation for the wait.

This is a crucial decision for the future of the MetaTrace project.
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Global Changes (2/3)

๐Ÿš—The Future of D2E

D2E has been with us since the early days of MetaTrace, and it will continue to be! We understand that the Drive 2 Earn mechanic is important to many of you, especially those who own NFT Cars.

But we also recognize it needs some improvements.

What does this mean for you?

โš™๏ธ Temporary D2E Reconstruction: Starting with the next update, D2E will be temporarily disabled for upgrades. We plan to complete this work within a few weeks. This time is needed to implement changes, test balance, and ensure smooth functionality.

๐Ÿš— What about NFT Cars?

โญ๏ธYour NFT Cars are safe: All your cars will be preserved with their full attributes. After the reconstruction, NFT Cars will continue to play a central role in the D2E mechanic.

๐ŸซถBonus for waiting: As a thank-you for your patience, all NFT Car owners in the game will receive additional rewards after the reconstruction is complete. Details will be shared soon.

๐Ÿ”’Temporary Freeze on Operations: Until the work is finished, depositing and withdrawing NFT Cars will be temporarily paused.

Our team is working hard to bring back D2E as soon as possible and make it even better!
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MetaTrace | $TRC
๐Ÿณ๏ธ Global Changes (1/3) The recent incident has been a major shock for the entire project. This event has led us to re-evaluate certain aspects of the game to create a stronger and more secure system. ๐Ÿช™In the upcoming update, MetaTrace will transition toโ€ฆ
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Global Changes (3/3)

๐Ÿ˜ถโ€๐ŸŒซ๏ธ Why are we replacing ACE with TRC?

It seems that creating a model with two tokens was a miscalculation on our partโ€ฆ But where exactly? It turned out to be more complex than we anticipated. The use of ACE failed to meet either your expectations or our own.

๐Ÿ‘จโ€๐Ÿ’ป After thorough analysis, we concluded that using a single token in the game would benefit its development, maintain game balance, enhance economic security, and make it clearer for new users.

โญ๏ธAs a result, the game becomes easier to play. Youโ€™ll use a single token, and weโ€™ll focus on developing a single token.

๐Ÿ“Š Additionally, almost half (46.9%) of the total TRC token issuance was allocated for rewards from the very beginning. This means TRC will gain more utility, and its use within the game economy will be more cyclical.

โค๏ธ What will happen to the existing ACE?

We will convert all existing tokens into TRC. We've taken all necessary snapshots for calculations.

The conversion process will begin next week, and all details on the terms will be shared in upcoming posts, so stay tuned.
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