DeRace Crypto Coin Play-to-Earn NFT Horse Racing Metaverse

The DeRace crypto game is going to be huge. It’s already gained significant attention and it hasn’t even fully launched yet.

GameFi metaverses are gaining in popularity and it doesn’t look like that is going to change any time soon. There isn’t a better way to get started than to learn everything you can about cryptocurrencies. Then you can jump aboard some of these exhilarating games that are not only fun but can make you money as well. And while we call them games, in reality, they aren’t really games, they are real environments that are a digital parallel reality to the one we have now.

So buckle up because things are going to get interesting as we broaden our horizons. Now we not only have one reality, but we also now have as many alternate realities as we can handle.

Want to learn more about the DeRace horse racing metaverse?

Keep reading…

What Is the DeRace Crypto Coin?

DeRace is a play-to-earn NFT horse racing metaverse on a blockchain racehorse platform. Here you have the option to buy and breed NFT horses with unique characteristics. You can also bet on real-time NFT horse races and build your own NFT hippodrome where you can also host races and make a profit. So basically, DeRace is digital horse racing, metaverse horse racing, and metaverse horse breeding all rolled into one.

What Is the Latest DeRace Crypto News?

The week of February 4, 2022, DeRace launched #NFT horse breeding, kicked off NFT horse renting, introduced the renaming feature, finalized single-sided $DERC staking, and more.

DeRace has introduced a first-of-its-kind sustainable player-earning model that rewards players with in-game utility NFTs for the following actions:

Create2Earn – players have the possibility of creating their own NFTs.
Engage2Earn – players are rewarded with NFTs for their activity on the platform.
Govern2Earn – the ecosystem is governed by the community. This allows the community to run the game themselves and earn rewards.

CLICK HERE for more DeRace details and updates.

CLICK HERE for information on the three DeRace Beta version stages.

What Are the DeRace Features?

DeRace has a wide variety of features.

DeRace NFT Horses

These DeRace NFT horses are one-of-a-kind horses that differ in DeRace horse rarity, performance, cool-down time, and visual appearances.

The DeRace NFT horses are like real-life racehorses. They even have different traits that describe their rarity, performance, cool-down time, and ultimately their value. Every DeRace NFT horse is a valuable asset that allows players to participate in races and earn money.

DeRace Horse Races

The DeRace horse races here are based on RNG technology. The winner gets a percentage of all participant fees and additional prizes. A set number of DeRace horses participate in each race. And, every DeRace horse owner can participate in a hippodrome for a set fee. The hippodrome selects its players by pre-set parameters. The winning DeRace horse then collects a percentage of all participant fees and any other additional prizes that might be offered.

DeRace NFT Horse Breeding

The DeRace horses have corresponding NFT horse genetics. This DeRace horse breeding takes place via a Genetic Algorithm and Ethereum Smart Contract. A player selects two DeRace horses, one male, and one female, both having a breeding cool-down at 0 to breed a new horse. The genes are combined from the parent horses using a genetic algorithm. Then the newly bred DeRace NFT horse inherits the parents’ characteristics with +/- 5% deviation (RNG factor is applied).

DeRace NFT Hippodromes

These DeRace metaverse horse races take place in hippodromes owned by bookmakers. The bookmakers earn their money from the entrance fees. All races take place in hippodromes. Hippodrome ownership is set in NFT hippodrome tokens. One DeRace hippodrome contains 10,000 individual NFT tokens; therefore, the player can own a part of the whole hippodrome. Owning more than 5,000 (more than 50%) tokens guarantees you a right to administrate hippodrome races. Hippodrome profits are paid to users according to their share of ownership (Tokens): 1 token means 0.01%.

DeRace In-Game Horse Marketplace

The NFT DeRace horses can be bought and sold in the DeRace marketplace or in any other NFT marketplace.

DeRace Advisors and DeRace Partners/Backers

The DeRace team consists of 24 well-versed advisors and an impressive list of partners/backers. For example, DAO Maker, LD Capital, Animoca Brands, AU21 Capital, x221, CMS, Dweb3, Hillrise Ventures, Kyros Ventures, Mgnr, AC Capital, The Wings Ventures, ReBlock, Raptor Capital, Evangelion, Mintable, Chainlink, and Binance NFT.

The Remaining DeRace Roadmap

If you want to know when will DeRace launch in 2022, here is a roadmap for the remaining rollouts for 2022.

DeRace Roadmap Quarters 1 and 2 in 2022

Full platform launch
Additional NFT horse items launch
Auction system integration
Hippodromes launch
Direct DeRace coin purchases on the platform
Direct DeRace coin purchase with FIAT currency

DeRace Roadmap Quarters 3 and 4 in 2022

DeRace mobile app for iOS and Android
Ads services integration
Integrations with external platforms and other wallets
Third-party betting solution integration
API for horse racing streaming platforms

How Is the DeRace Network Secured?

DeRace (DERC) is an ERC-20 token which means it’s based on the Ethereum blockchain. Ethereum works with a proof-of-work consensus mechanism and is secured by a massive, decentralized network of miners. There are about 11,000 Ethereum nodes to help protect the Ethereum blockchain against attacks.

When Will DeRace Trading Start?

DeRace raised $1.7 million in an oversubscribed private round. Its IDO, dubbed SHO (strong holders offering) by DeRace, started on July 26, 2021. And now you can find it on DAO maker.

Where Can I Buy DeRace Tokens?

If you would like to know where to buy DeRace tokens, the top cryptocurrency exchanges for trading in DeRace stock are currently Bitget, Crypto.com Exchange, Gate.io, LBank, and PancakeSwap (V2). You can find others listed on the crypto exchanges page.

How to Buy DeRace Tokens

Here is an overview of how to buy DeRace NFT coins (DERVC).

Downloand Coinbase Wallet
Choose a Coinbase Wallet username
Securely store your recovery phrase
Understand and plan for Ethereum network fees
Buy and transfer ETH to Coinbase Wallet
Use your ETH to buy DeRace in the trade tab

CLICK HERE to get more detailed information about how to buy DeRace tokens.

What Are the DeRace (DERC) Tokenomics?

Ticker – DERC

Blockchain Network – Ethereum

Token Supply – 120,000,000

Initial Project Valuation 6,000,000

Initial Token Circulation – 17,460,000

Initial Market Cap – $873,000

Did you know that there’s a new metaverse that is merging real and virtual worlds through augmented reality? Click here to learn more!

How Are Tokens Used in the DeRace Crypto Game?

The first function of DERC is to fuel the whole platform. Even though DeRace crowdfunding activities allow transactions in both DeRace tokens and other traditional ways of making payments, DERC will ultimately serve as the base currency for transactions within the DeRace universe.

Deposits using 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 DeRace platform, including races, winnings, and asset trades are executed exclusively in DeRace native tokens. 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 tokens.

Where Can I Find the DeRace Twitter Feed?

CLICK HERE to go directly to the DeRace Twitter feed.

Where Can I Find the DeRace Discord Feed?

CLICK HERE to go directly to the Discord feed.

How Do You Buy a DeRace Horse from the Marketplace?

NFT horses can be sold in the in-game marketplace or any other NFT marketplace. The owner has complete control of their NFT horses and DeRace coins stored in an assigned wallet.

The payer can buy both randomly generated or bred horses with a bloodline and race history. The horses (pre-purchased or bred) can be sold for a fixed price or via auction.

If the user decides to buy a horse from the marketplace for a fixed price, DeRace coins are being written off from their wallet. Purchased NFT horses are accounted to their wallet.
If the user has purchased a horse for a fixed price from another user. NFT horse ownership is reassigned to the corresponding buyer’s wallet. DeRace coins are reassigned to the user that sold the horse.

All the in-game assets are represented in selected currency – fiat or crypto. However, all the transactions are made exclusively in DeRace Coins, which guarantees constant token volume and circulating supply.

Here’s how to buy a DeRace horse.

There are several ways to buy DERC; however, using a trusted global exchange is the easiest.

Create a Gate.io account
Buy DERC
Invest in DeRace

CLICK HERE for step-by-step instructions on how to buy a DeRace horse.

Jump on board now, you are going to love the DeRace NFT horse racing metaverse!

The DeRace Crypto Most Frequently Asked Questions

Here are some of the most frequently asked questions about the DeRace Crypto horse racing metaverse.

Where Can I Buy a DeRace Horse and What Is the DeRace Horse Price?

You can buy a DeRace horse at Opensea.io. OpenSea has almost 5,000 DeRace items available and 1.7k owners. On OpenSea you can see the sales and activity of every DeRace horse and the DeRace horse price, along with the 90-day average price and the 90-day volume. The current 90-day average DeRace horse price is 1.2994. But, of course, that was at the time of this writing; however, you know that price changes from day to day.

What Is OpenSea?

OpenSea is a peer-to-peer market and it’s the world’s largest decentralized marketplace for buying, selling, and trading rare NFTs (digital goods).

What Is OpenSea Used For?

OpenSea is an online marketplace where users can purchase, sell, and trade NFTs. A user can transact any number of digital collectibles, including digital horses, music, art, gaming items, domain names, trading cards, and just about anything else that is digitally rare and unique.

What Is the DeRace Crypto Price Prediction 2022 and Beyond?

If you want access to the most current DeRace Crypto price prediction for 2022 or any other time for that matter, go to Coincodex.com. Here you will find the DERC price prediction, technical analysis, and the DERC forecast. Coincodex also has charts and graphs, as well as a forecast that’s based on their technical analysis. And so much more!

What Are DeRace Hippodromes?

DeRace Hippodromes are the platforms where the DeRace NFT horse races take place. Bookmakers host races to earn profit from the participants’ entry fees, horse owners participate to earn prizes, and bettors bet for their favorite horses. You can race your horses in the DeRace hippodromes, breed, trade, and rent them for $DERC tokens.

DeRace NFT horses perform differently in the various hippodromes. Some horses are faster on dirt, some on turf, and some on synthetic surfaces. DeRace is extremely exciting, and you can use this NFT market to fully interact with your DNA-enriched NFT horses while maintaining full control of your own hippodromes.

You can go to opensea.io/collection/derace-hippodromes now to see what’s available.

What Are DeRace Tickets?

A ticket to DeRace stables is exchangeable for a specific tier DeRace NFT horse once it is minted. You can see the available DeRace tickets here.

Can You Buy DeRace on Coinbase?

No, not at this time. DeRace is not supported by Coinbase. Some cryptocurrencies, like DeRace, can only be purchased with another cryptocurrency on decentralized exchanges. Here is how to buy DeRace crypto tokens.

How Many DeRace Coins Are There?

DeRace (DERC) has a total supply of 120M tokens. About 28% of that number, or 33.6M tokens, have been sold in the private round before the public IDO. At a valuation of $0.05 per token, DeRace raised $1.68M from investors such as DAO Maker, Animoca Brands, LD Capital, and more. About 20% of that is unlocked immediately, with the remaining 80% becoming available in equal parts of the following four quarters. Head on over to Coimarketcap.com for more details.

Can You Buy DeRace on Crypto.com?

Yes, you can buy DeRace on Crypto.com. There are currently seven exchanges where you can buy the DeRace tokens. You can view live rates ranked by trading volume at Coinranking.com.

How to Convert DeRace to US Dollars

If you want to convert your DeRace tokens to US dollars, there is a crypto coin converter on Coinbase.com you can use quickly and easily.

Conclusion

GameFi metaverses are gaining in popularity and it doesn’t look like that is going to change any time soon. There isn’t a better way to get started than to learn everything you c an about cryptocurrencies. Then you can jump aboard some of these exhilarating games that are not only fun but can make you money as well. And while we call them games, in reality, they aren’t really games, they are real environments that are a digital parallel reality to the one we have now.