$0.16137497
- Market Cap$18,799,677.18
- 24 Hour Trading Vol$283,557.724
- Fully Diluted Valuation$19,364,995.879
- Circulating Supply120,000,000
- Total Supply120,000,000
- Max Supply120,000,000
- zkRace Price$0.16137497
- Trading Volume$283,557.724
- Market Cap$18,799,677.18
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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, bet on the races, and earn DERC while doing it.
DeRace is breathing new life in the static NFT market by allowing players to fully interact with their DNA enriched NFT horses and have total control over their hippodromes.
DeRace is introducing NFT Market's First Cashflow Generating ETF. DeRace will issue an ETF that will act as a basket of many horses. The underlying horses could be used within the DeRace ecosystem to generate cash flow, which will then be used to burn ETF tokens.
Blockchain technology allows transparent horse racing outcomes which makes stakes on the DeRace platform reliable and safe.
DeRace platform economy will run on DeRace Coin (DERC), which will power all transactions (entry fees, prizes, NFT sales, player earnings, etc) made on the platform including referral bonuses and reward programs.
MARKET STRATEGY
They are forming partnerships with jockey clubs, hippodromes and associations. They have already onboarded two and are actively working on onboarding more.They are securing partnerships with existing and upcoming NFT marketplaces such as Mintable.They are in negotiation with a few experienced PR and marketing agencies, who will handle advertising, social content creation & community management.They will introduce affiliate programs and reward systems.They are forming a partnership with streamers (mostly twitch).They have a dedicated allocation pool of $500k for KOLs from private round and they are currently carefully screening and selecting them.TOKEN ECONOMY
DERC
DeRace's native coin (DERC) is an ERC20 based cryptographic token that complies with the Ethereum system and can be traded on the Ethereum blockchain.
DeRace platform economy will run exclusively on DeRace Coin.
DERC Utility
The first and foremost function of DERC is to fuel the whole platform. Even though DeRace crowdfunding activities allow transactions in both DeRace coins and other traditional means of payment, DeRace coins will ultimately serve as the base currency for transactions within the DeRace universe.
Deposits via cryptocurrency or traditional payment methods are automatically and transparently converted to $DERC (by purchasing them from coin holders) which are then used to complete the transaction.
All activities on the platform, including bets, races, winnings, and asset trades are executed exclusively in DeRace Coins. Also, all player earnings are paid out only in DERC. This guarantees constant token volume and circulating supply.
DeRace Referral and Reward Systems use exclusively DERC. Wallet users, influencers, social media accounts, blogs, or news outlets will all receive their referral rewards in DeRace Coins.
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