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…

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.

🏳️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, I’ll provide more details on:

- Our recovery plan
- Immediate actions we’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.

— The MetaTrace Team

Important Announcement ❗️****
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.

👨‍💻The developers are currently working on refining the other mechanics. Next week, I’ll try to snag more details about the upcoming update.

But we need your reactions (and not just thumbs down) 🔒

⚙️By the way, recently there were some issues with the blockchain and token withdrawals.

We’ve identified the source and have already fixed everything. Thanks to everyone who reported the issues. 🤝

P.S. If you’re still experiencing any errors for any reason, please reach out to ➡️support 🏳️

How to earn in MetaTrace? 🤟
This is one of the most popular questions we get. To clarify, since it’s a game, we’re not talking about straightforward "earnings" but rather the chance to win cryptocurrency. In this post, I’ll explain how the reward system works and where the funds come from.
Main Gameplay:
🔸 Collecting Pins: Your avatar moves around the game world, gathering pins.
🔸 Resources and Tasks: Each pin contains various resources and tasks.
🔸 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.
🔸 Using Tickets: Tickets give you a chance to win a reward in the AirDrop.
🔸 Frequency: On average, a player can get 4 Gold Tickets per day.
🔸 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:
🔹 In-game purchase revenue: All funds from purchases in the app store, Telegram bot, and web platform go into the pool.
🔹 Marketing budget: We also contribute a portion of our marketing budget to increase the prize pool and attract new players.
🔹 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 🥇
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 🤑

Token Prices $ACE and $TRC*?***

Lately, we have all noticed that the prices of our tokens have been unstable and trending negatively. Because of the large volume of questions and questions, we would like to clarify our stance on this issue.

Token prices are influenced by two groups of factors. The first group is the overall state of the cryptocurrency market. The second group is the organic demand for the tokens.

Given the high volatility of the crypto markets, it’s clear that artificially supporting the price of a game token and manipulating it would require injecting an unpredictable amount of liquidity, making the game’s financial model extremely unstable and turning the gaming project into a fraudulent pyramid scheme.

This is not our path. We are building a long-term gaming project where the key value is the optimal balance between economic stability and enjoyment of the game. The foundation of stable and long-term game development is high in-game demand based on the utility of the tokens. Currently, the company is focused on developing a popular mobile game on the blockchain.

Our strategy involves stimulating the growth of organic demand and enhancing the utility of $ACE and $TRC tokens. Several points of our strategy from our roadmap include:

?Introducing new game mechanics.
?Developing full game loops.
?Launching a staking platform.
?Connecting a market maker to the $ACE token.
?Regular buybacks from the market and burning of tokens.
?Implementing a system for redistributing profits into liquidity.

The upcoming major game update will introduce new game mechanics and will be an important step towards completing another stage of game testing. As soon as we see quality analytical indicators that satisfy the business, we will launch a marketing campaign. The expected result is an increase in the number of players, which should positively affect the token prices.

We understand and share your emotions and hope that the entrepreneurial risks undertaken by token investors will be justified.