NFT Horse Racing–The Best Events of NFT in 2022

Horse racing is an unparalleled excitement for many people. Like all mainstream sports, it has entered the digital world. Gamefi, driven by cryptocurrency and NFT, has further revived horse racing and blurred the boundaries between entertainment and income.

Many NFT projects have made big bets in the booming game and horse racing industry. They are characterized by transparency, fairness and true ownership of assets. In this article, let’s take a look at the best projects.

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Three best NFT Horse Racing Events in 2022

These are the three major horse racing encryption games this year.

• Silk — the first derived purebred horse game
• Zed run – groundbreaking horse racing encryption project
• DeRace – horse racing NFT game using RNG Technology

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Glance at the Three Best NFT Projects in 2022

You will be surprised to find that each of these horse racing NFT projects marks itself with a unique theme, game mechanism and game earning function. The following is a detailed analysis of these three projects to help you find the most suitable project for your style.

1. Silk — The First Derived Purebred Horse Game

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Our best horse racing NFT game of the year is Silks.

Silks is the world’s first derived purebred horse racing game in the Metaverse. It uses mixed reality technology, Web 3.0 Gamification and immersive Metaverse experience to re imagine and democratize the ownership of purebred horse racing for the public.

Every year, silks will provide new silks horse NFTs, each representing a top one-year-old purebred horse registered in the United States. The decentralized data set will be used to ensure that the derived NFT tracks the lineage, training progress and competition performance of its real-world counterparts, and wins rewards for its holders based on the success of its competition and reproduction. Silk miners will validate the data on the blockchain in exchange for the ecosystem governance token $SLK.

But this is just one of many revenue generating opportunities on the silks platform. Let’s learn more about the mechanism of making money from dynamic games.The silk ecosystem consists of NFTs in various games, including silk avatars, silk horses, land and stables. Each silk player’s unique identity and the ownership of each silk player’s digital avatar will represent their unique identity in the silk circle.

Silks Genesis Avatar Mint

Silks Genesis avatar Mint is silks’ first NFT product and will be held on Wednesday, April 27. Silk head portrait is an important part of the platform, because it is needed to obtain silk horse in the first silk horse coinage in mid-2022. If you can’t afford it, don’t worry. Silks allows you to own part of the horse ownership through collectivization, and even let you join the horse ownership pool to disperse your ownership and help mitigate risks.

Silks provides a huge infrastructure to help you take care of your silks horse, just like taking care of a real purebred horse. Users can purchase plots (NFT structure) in silks Metaverse, which can be developed into horse farms. Users can also mortgage their silk horses to a private community racecourse, where they will be placed and maintained in exchange for a small fee and a certain reward.

Whenever your silk horse wins a race or breeds in the real world and sells in the real world, you will be rewarded with an in-game transaction token of $STT. As pointed out in the silk white paper, the platform intends to launch new structures, businesses, roles and sub economies over time to support game money making systems.

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2. Zed run – The First Horse Racing Crypto Project

Zed run is an NFT meta space dedicated to digital horse racing. Launched in early 2019, it is one of the earliest projects, allowing users to buy, breed and compete in digital horse racing.

To get started on this platform, you need a racing NFT. You can buy them from opensea. The current reserve price is 0.004 eth. You can also get them for free by participating in community gifts on social media platforms. Zed run uses Ethereum blockchain to record and track horse racing ownership, including comprehensive data such as descent, genotype, gender, color, number of offspring and race statistics. Polygon offers faster and cheaper transactions.

Zed run has a well arranged horse raising mechanism. A pony or male horse (male horse racing) must mate with a pony or female horse (female horse racing) to produce offspring. However, there are restrictions on the number of breeding times of male and female horses every month and every year. Once the offspring are born, they will be sent to your wallet.

If you do not own a stallion, you must pay the stallion fee to the pony or stallion owner. The cost is not predetermined. As the owner of the horse, you can charge the breeding price you think is appropriate. However, the game will guide you with the lowest price recommendations.

Each zed run racehorse is suitable for a specific distance. However, you can’t buy horses according to this standard. As an exploratory game, zed run requires you to test your horse and find the best distance for it over time. The platform holds competitions at different distances and prize pools all day.

The bonus pool will be distributed among players who win first, second and third place.Zed run holds a competition with a larger prize pool to provide more stable owners with a better game experience. The team keeps the buzz around the game through live event streaming, twitter conversations, AMA and partnerships.

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3. Derace –  NFT Game Using Genetic Algorithm and RNG Technology

Derace is an NFT horse racing tuple that can earn money, providing users with a personalized game experience. Using the principle of blockchain technology, it ensures the transparent and fair game of all participants. One of the key features to help derace enter our top horse racing NFT game list is its unique game mechanism, which combines genetic algorithm and RNG technology.
Derace’s horses are tokenized and have a unique set of characteristics. They are very different in rarity, performance, cooling time and value.

You must have a derace horse to sign up for the competition on this platform. Although gender, color, shape, variety and race cooling time are visible, speed and endurance are not visible. However, these invisible features play a crucial role in determining the performance of horses. You can learn about these invisible features from its appearance, parents’ genetics and historical statistics.

Derace NFTs can be purchased from primary and secondary markets. Alternatively, you can breed one from an existing pair. In addition to traits, you can judge by the level of the horse. It is determined by the number of competitions, victories and activities. As the level increases, the value of NFT will also increase.

Any NFT breeding guild has a third system. The offspring will have a unique set of characteristics handed down by their parents. To this end, two NFT horses were sent to GA (genetic algorithm) on Ethereum smart contract. Genes from parents were combined to create a third horse with a deviation of + – 5%. After three, all the horses were sent back.

Derc (derace coin) provides impetus for the game ecosystem by promoting the payment of competitions, profits, horses and transactions. It is an encrypted token conforming to erc20 standard. You can earn derc by breeding two derace horses, trading them, participating in competitions, holding competitions at Hippo farms, selling your analysis and forecasts, reporting errors, and even watching advertisements.

You can also participate in reward programs such as derace’s wallet users, influencers, social media accounts, blogs or news organizations to obtain passive income from the platform.

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Summary

The game economy proposed by these NFT projects has opened up the multi billion dollar video game and horse racing market for the public. With the rise of the gamefi revolution, they have great growth potential in the next few years.

Although most horse racing encryption games have introduced digital horses, silks has taken the idea to a higher level by using derivatives or real-world horse racing. Here, income opportunities are not limited to horse racing or breeding. You can also increase your income potential by joining the horse ownership pool, developing land, running a horse farm, or mining $SLK tokens. In addition, you can be rewarded based on the performance of basic real-world pure stallions. P2e mechanism will expand with the development of the project and cultivate a sustainable vitality economy.