Tokenomics
ANNOUNCEMENT: Battle Racers has ceased operations as of February 16th, 2022. However, Car Part NFT ownership will be retained. See Contracts for smart contract information.
What is $SCRAP?
$SCRAP is an ERC-20 token on the Polygon Chain which serves as Battle Racers’ progression currency. Its primary purpose is to allow players to upgrade car parts, in which all stats of a certain part will be increased by a percentage until it reaches a maximum level. It can be obtained by salvaging your car parts and as a reward from competitive racing. These features are still in development and we will make an announcement when they are rolled out.
$SCRAP is not yet listed on any exchanges but it's currently being awarded as prizes in tournaments and other official events. We will not be selling $SCRAP, so its value will be largely determined by the community. Token owners have the option to sell theirs in NFT marketplaces that support ERC-20. You will also be able to trade the $SCRAP token within the Polygon Chain through MetaMask. Corresponding gas fees will apply.
You will be able to view your $SCRAP count on the Battle Racers Inventory page by logging in to your Ethereum address using MetaMask or Venly. You can also view your balance on MetaMask by setting up a Custom RPC for Polygon and simply adding the token via its contract address (see Contracts).
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