DeRace

DeRace

9
(1 review)

My review

Ethereum
Beta
DeRace Team
Racing, Simulator

DeRace (DERC)

$0.30245623 (0.10%)
Developer DeRace Team
Market Cap $17.81 M
Volume $365.08 K
Website derace.com
Whitepaper

Contract

ETH
0x9fa69536d1cda4a04cfb50688294de75b505a9ae
Binance Smart Chain (BEP20) 0x373e768f79c820aa441540d254dca6d045c6d25b
Polygon 0xb35fcbcf1fd489fce02ee146599e893fdcdc60e6

Introduction

DeRace is a virtual NFT horse racing game based on Ethereum blockchain and supported by DERC token, the game’s in-game currency. According to the developer team, DeRace is the first decentralized (DeFi) blockchain-based racehorse platform where players can buy and breed NFT horses and host races in their owned hippodromes for revenue.

Gameplay

DeRace’s gameplay centers around two main roles: horse owner, and bookmaker. Horse owners can breed their owned horses, trade them and compete in races. Bookmakers are administrators of hippodromes. The game aims to simulate real-life horse racing in a virtual world, therefore it contains other details about horse racing and horses in general, such as cool-down time, rarity, performance, and value for horses. 

Every horse in DeRace is unique and has different characteristics. Sex, color, shape, breed, racing and breeding cooldown, stamina, and speed differs according to the NFT horse. Aside from its visual characteristics, a horse’s star shines at most with its speed and stamina factors. These two parameters are the main stats for winning a race. 

Players who have a horse can participate in a hippodrome race for a fee. The hippodrome selects players by pre-set parameters. The winning horse and its owner collect a certain amount of share of all participant fees and additional prizes. The outcome of the races is random because the technology behind the races is RNG-based. The stats of a horse plays a role to win the race but it is not guaranteed. So luck is a crucial parameter as well in order to win the race.

Token Information

In DeRace, every horse race takes place in a hippodrome. Players can be administrators of a hippodrome or bookmakers if they own more than 5000 DERC tokens. Bookmakers set the dates and settings of a race in their hippodrome, as well as race entry fees and prize pools. The races that bookmakers are setting can be public, comply with certain criteria, or invite-only.

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Tokenomics

28%

Private Run

25%

Liquidity

15%

Marketing

11%

Development

10%

Team

6%

Public Run

5%

Advisors

IDO ICO PRV
DATE
PRICE
RAISED
AVAILABLE
SOLD
LOCK UP
TOTAL SUPPLY
FDMC
IEO Gate.io2 Aug 2021$0.05 $40,000.00 800,000
20% unlocked at the TGE, then 20% on a quarterly basis120,000,000$6,000,000.00
IDO DAO Maker26-30 Jul 2021$0.05 $360,000.00 7,200,000360 participants (Min/Max Personal Cap $1000)20% unlocked at the TGE, then 20% on a quarterly basis

PRV?$0.05 $1,680,000.00 33,600,000
20% unlocked at the TGE, then 20% on a quarterly basis

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