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DeRace is an end-to-end NFT horse racing ecosystem where you can join races, breed NFT horses with individual traits, create your own NFT hippodrome, place bets, and earn DERC in the process.
DeRace brings new life to the static NFT market by letting participants fully engage with their DNA-enriched NFT horses and by giving them full control over their hippodromes.
DeRace also introduces the NFT Market's First Cashflow Generating ETF. DeRace will create an ETF as a group of multiple horses. Those underlying horses can be used inside the DeRace ecosystem to produce cash flow, and that cash flow will be used to burn ETF tokens.
With blockchain, horse racing results can be verified transparently, making DeRace platform stakes dependable and secure.
The DeRace platform economy is powered by DeRace Coin (DERC), handling all platform transactions (including entry fees, prizes, NFT sales, and player earnings), plus referral bonuses and reward programs.
DERC
DeRace’s native coin (DERC) is an ERC20-based cryptographic token that follows the Ethereum system and can be traded on the Ethereum blockchain.
All DeRace platform economic activity runs exclusively on DeRace Coin.
DERC Utility
The primary job of DERC is to support the entire platform. While DeRace crowdfunding can involve transactions using both DeRace coins and other traditional payment options, DeRace coins ultimately act as the core currency for transactions across the DeRace ecosystem.
Deposits made through cryptocurrency or traditional payment methods are automatically and transparently converted to $DERC (by buying from coin holders), and then used to complete the transaction.
All platform actions-bets, races, winnings, and asset trades-are carried out only in DeRace Coins. Likewise, all player earnings are paid only in DERC, helping maintain steady token volume and circulating supply.
The DeRace referral and reward systems use only DERC. Wallet users, influencers, social media accounts, blogs, or news outlets receive their referral rewards in DeRace Coins.
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