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.
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.
DeRace coin is a fuel value to the whole platform. While DeRace crowdfunding and marketplace will offer both DeRace Coins and classic payment options, all transactions will ultimately be executed using DeRace Coins.
All races, winnings, horses, and item trades are done in DeRace Coins.
All the in-game assets are represented in selected currency – FIAT or crypto. However, all the transactions are made exclusively in DERC. This guarantees constant token volume and circulating supply.
Deposits via cryptocurrency or traditional payment methods like a credit card, PayPal, etc. are automatically and transparently converted to DeRace Coins (by purchasing them from coin holders) which are then used to complete the transaction.
Referral and Reward Systems use DeRace Coins. Wallet users, influencers, social media accounts, blogs, or news outlets will all receive their referral rewards in DeRace Coins.