NFT is a new type of digital asset that has recently become a hot topic in the blockchain community. NFT is so popular at the moment that even Saturday Night Live (one of the most popular American shows of all time) made a sketch explaining it via Eminem’s 2002 hit Without Me with one of the most popular comedians on the planet - Pete Davidson. The video was broadcasted on NBC (American mass media and entertainment channel) and got more than 3 million views on Youtube within a month of release.
NFT is a non-fungible token that is a unit of data stored on a blockchain, that certifies a digital asset to be unique and therefore cannot be duplicated.
And while the concept of true digital ownership is still new, there is certainly a valid argument of potentially increasing the value of an authentic, non-replicable digital artwork with completely transparent ownership. But what if you could do something profitable and fun with NFT besides just owning it?
This is where DeRace will monopolize the market.
DeRace is the first decentralized blockchain-based racehorse platform that joins millions of racehorse enthusiasts in a community where you can buy and breed NFT horses, and host races in your owned hippodromes for actual profit.
DeRace is a combination of 2 significantly growing multi-billion-dollar markets: video gaming, and horse racing, all merged by blockchain and NFT technologies.
DeRace Coin (DERC)
The DeRace Coin (DERC) is an ERC20-compliant cryptographic token that can be traded on the Ethereum blockchain just like Ether. It is both a DeRace platform currency and an independent store of value.
Using DeRace Coin (DERC) for in-game transactions allows us to lower costs on transaction fees, keeping them at the bare minimum.
External project contributors will receive the DeRace coin as a reward (payment). This will only increase their interest in following and contributing to the success of the project.
Features of DeRace
DeRace is a complete NFT horse racing ecosystem where you can participate in horse races, breed NFT horses with unique characteristics, build your own NFT hippodrome and make profit while doing it.
NFT horses
One of a kind horses that differ in both traits (rarity, performance, cool-down time) and visual appearances.
Horse races
Horse races are based on RNG technology. The winner gets all participant fees and a % from bettor stakes.
Horse breeding
Corresponding NFT horse genetics. Breeding via Genetic Algorithm and Ethereum Smart Contract.
NFT Hippodromes
Horse races take place in hippodromes owned by bookmakers. Bookmakers make a profit from fees and bets made before the race.
Horse betting
DeRace betting is transparent, calculations and coefficients are fully automated by an algorithm.
In-game horse marketplace
NFT horses can be bought and sold both in the DeRace marketplace or in any other NFT marketplaces.
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