Snail Trail PriceSLIMEInactive

What is Snail Trail (SLIME)?

Snail Trail (SLIME) is a play-to-earn (P2E) auto racing game built on the Avalanche C-Chain, where players use NFT-based Snails as their in-game assets. The project positions itself at the intersection of gaming and NFTs, allowing participants to own, optimize, reproduce, and race their Snails in competitive events to earn rewards. SLIME is the native token of this ecosystem. Snail Trail launched in 2022 (launch date April 18, 2022), with its token generation event concluding on May 5, 2022. The token has a maximum and total supply of 300,000,000 SLIME, with allocations directed toward rewards, team, and liquidity. The project operates in the Avalanche ecosystem and carries tags including Gaming and NFT.

Key Specifications & Tokenomics

• Name: Snail Trail
• Ticker/Symbol: SLIME
• Blockchain/Platform: Avalanche C-Chain
• Category: Play to Earn (P2E); Gaming, NFT
• Total Supply: 300,000,000 SLIME
• Max Supply: 300,000,000 SLIME
• Circulating Supply: 0 SLIME (per CoinMarketCap registry data)
• Token Allocation: Private round 16.80%, IDO 6.00%; remaining allocation not detailed in available sources
• Launch Date: 2022-04-18
• TGE Date: May 5, 2022
• Contract Address (Avalanche C-Chain): 0x5a15Bdcf9a3A8e799fa4381E666466a516F2d9C8
• Official Website: https://www.snailtrail.art/
• Whitepaper/Documentation: https://docs.snailtrail.art/

Who created Snail Trail?

Available sources do not name the founding team; a community video hosted by TradingAloha covers a game update. The founding team is not named in available sources; the project is presented as a Web3 gaming-focused team. The private round lists Republic Capital among its investors; other backers named in available sources include AVentures DAO, Colony Lab and MCV Group.

How does Snail Trail work?

Snail Trail operates as an NFT-based auto racing game on the Avalanche C-Chain. Players acquire Snail NFTs, which serve as their racing assets. The core gameplay loop involves optimizing these Snails, reproducing them to create new assets, and entering them into competitive races. Winning races generates rewards for players, creating a play-to-earn dynamic. The game leverages blockchain technology to ensure true ownership of in-game assets, meaning players have verifiable control over their Snails and any associated rewards. The SLIME token facilitates the in-game economy, supporting transactions and reward distribution within the ecosystem.

Snails are sorted into six leagues via an ELO rating system based on five placement races. Each Snail belongs to one of five families with distinct traits and racing preferences, and track environment affects performance, so results depend on genetics, track and tactics.

What makes Snail Trail unique and valuable?

Snail Trail differentiates itself through its combination of auto racing mechanics and NFT ownership within the Avalanche ecosystem, which is known for fast transaction finality and low fees. The project's play-to-earn model allows players to generate value through active participation rather than passive holding. The breeding and optimization mechanics add strategic depth, enabling players to improve their assets over time. The project raised a total of $3.96M across completed rounds, comprising a $2.77M private round and a $1.19M IDO on Avalaunch. The private round was led with participation from Republic Capital. Its focus on a niche gaming experience within a major smart contract platform gives it a distinct position among P2E titles.

What is Snail Trail used for?

SLIME serves multiple functions within the Snail Trail ecosystem. It is the primary medium for rewarding players who participate in races and achieve competitive outcomes. The token supports the in-game economy, facilitating transactions related to Snail NFTs, including breeding, optimization, and racing activities. Token holders and players may use SLIME to access game features, purchase assets, or participate in ecosystem governance where applicable. A portion of the total supply is designated for player rewards, though the exact share is not detailed in available sources, underscoring its role as an incentive mechanism designed to sustain player engagement and long-term participation in the game.

How Is the Snail Trail ecosystem developing?

The Snail Trail ecosystem is centred on its racing game and NFT asset system on Avalanche. The project completed its private round in Q1 2022, raising $2.77 million, followed by an IDO on Avalaunch that ended on April 28, 2022, raising $1.19 million. The token generation event concluded on May 5, 2022. The game has received updates, as evidenced by community-facing video content hosted by TradingAloha. Community channels include X (Twitter), Telegram announcements, and an Avascan presence. The ecosystem's development appears focused on expanding gameplay features and maintaining an active player base, though the scale of ongoing development is not extensively detailed in public materials.

The private round was priced at $0.055 per SLIME at a $16.5M pre-valuation, with 10% unlocked at TGE and the rest vesting over 18 months after a 6-month cliff. The Avalaunch IDO was priced at $0.066 at a $19.8M pre-valuation, with 25% unlocked at TGE and a 6-month monthly vesting schedule.

How to mine Snail Trail?

SLIME is not mined; it is distributed as race and gameplay rewards from the token allocation reserved for rewards, and players obtain it by racing, breeding and optimizing Snails. Players may also engage with the ecosystem through NFT ownership and breeding mechanics, which can generate value. Earning SLIME is primarily achieved through direct participation in the racing game and related in-game activities.

How to keep your Snail Trail Coin safe?

To keep SLIME and associated NFT assets safe, users should store tokens in a reputable wallet that supports Avalanche C-Chain assets, such as a hardware wallet or a well-reviewed software wallet. Protecting private keys and seed phrases is essential, as losing them means losing access to funds permanently. Users should verify official contract addresses before interacting with any token or NFT, and avoid sharing sensitive wallet information online. The SLIME contract address on Avalanche C-Chain is 0x5a15Bdcf9a3A8e799fa4381E666466a516F2d9C8; check any token against this address. Enabling two-factor authentication on exchange accounts and using unique, strong passwords further reduces risk. Since SLIME trades on decentralized venues, users should also exercise caution when connecting wallets to unfamiliar platforms and confirm the legitimacy of any smart contract before approving transactions.

SLIME is a small-cap gaming token; price and liquidity can change rapidly.