DeRace AMA Transcript

"Complete #NFT horse racing ecosystem based on #blockchain and powered by $DERC"

By
BSCNews
on
September 22, 2021
Category:
AMA

Andrew (BSC.News)

Hello everyone and welcome to the highly anticipated AMA with DeRace!

Today we have the Co-Founder and CMO of DeRace, Adelaida joining us today to talk about DeRace and all the exciting developments happening with them

Great to have you here Adele 😁

Adele | DeRace

Hello everyone!

Thank you @DrewtheAce

Pleasure to be here 🤠

Andrew (BSC.News)

Yup yup great to have you here

So how this will work is, the AMA will consist of two rounds. The first round will be us going through the questions that I had prepared for you before hand. And then the second round will be a community round where I will open up the room to allow questions to come in. The second round is also where we will select the two winners of our giveaway

Sound good with you?

Adele | DeRace

Yes, absolutely! 🐎

Andrew (BSC.News)

Alright so to start things off...


1. Please introduce yourself and the team behind DeRace.


Adele | DeRace 

Sure 🐴

As Andrew already mentioned, I'm Adelaida,  Co-founder and CMO of DeRace. I am deeply passionate about blockchain, NFTs, and horse racing. I have worked in marketing and digital project management for more than 7 years.

I’m here to answer all your questions regarding DeRace! You can chat with me on Twitter anytime: https://twitter.com/adelaida_derace

Adomas is another co-founder and CEO, he is passionate about gaming and has worked with many SaaS and PaaS before!

Kristijonas is our CTO, he has over 10 years of experience in the field. Domantas, our Game Play designer has created many successful mobile games over the last 5 years! Edvinas is an algorithm mastermind behind GA and RNG! Sarunas and Zilvinas are two brothers behind our horses and all other game designs.

My biggest personal help - Egle, our Marketing Project Manager makes sure our marketing is on point! Doras is our talented designer, you see her work all over the place! You can see Vincenta, Adem, Mario, Richard, Alexander and Han daily in our chats!

And also, our amazing advisors: Hatu (DAO Maker), Mike (Angel Investor), Lars (Evangelion Capital), Divij, Jinder and Alex Becker

Andrew (BSC.News)

Great, thanks for that intro! Sound like there's a ton of knowledgeable minds working behind this project along with some great advisors

Adele | DeRace

Thank you! 😊

We got the best ones for DeRace 💪

Andrew (BSC.News)

So with that in mind, let's talk about what everyone on Twitter can't stop talking about, which is of course DeRace


2. What is DeRace? And what is your overall goal/mission of DeRace?


Adele | DeRace

DeRace - Virtual NFT Horse Racing Universe! 🐎

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, and make a profit while doing it.

DeRace’s mission is not just to build and launch a platform but to strive towards mass adoption. A few years from now, people from across the world (and not just the crypto enthusiasts) will breed their horses, participate in the races, and aim to build their own hippodrome, all of which will be possible on the new and thrilling DeRace platform. 🚀

We are creating a new standard for gaming and gambling platforms! 🏆

Andrew (BSC.News)

Nice!

Yeah so again, a lot of exciting stuff to unpack there, but before we get into that. I think we should first talk about $DERC

But don't worry everyone we'll talk about all the great features DeRace has to offer


3. Can you tell us more about the $DERC token and what it is used for on DeRace?


Adele | DeRace 

$DERC serves as fuel of the whole DeRace ecosystem. While DeRace will offer both $DERC and classic payment options, all transactions will ultimately be executed using $DERC. All bets, races, winnings, horses, and item trades are done in $DERC.

$DERC holders take part in the decision-making governance process with regards to the development of the DeRace platform. Token holders are granted the privilege of early access to the platform, they will be able to participate in pre-sales of NFT horses and hippodromes, they will get NFTs at a special price, they will be able to purchase performance-boosting assets and get to test all new features and assets first.

Also, players are given opportunities to earn $DERC through various channels like NFT horse breeding, betting, referral, etc. 🎮💸

Andrew (BSC.News)

Right, so $DERC is essentially the token that users would need to use to utilize just about anything within the DeRace ecosystem

Lot's of utilities to it as well

And if I'm not wrong $DERC has been trending these past few weeks right?

Adele | DeRace

Yes, it's live since August 3rd

and we did 86x

hehe

Andrew (BSC.News)

That's really awesome for you guys!

So now that we covered the functions of $DERC


4. How can users acquir


Adele | DeRace (Will never DM you first), [22.09.21 11:20]

At the moment there are two ways!

First: Participate in IGO on Binance NFT tomorrow at 10 AM UTC where you can purchase a ticket to a preferred tier

Second: purchase a horse from our native marketplace for $DERC next week

🐎🐎🐎

In the very near future, DeRace NFT horses will be traded in DeRace’s in-game marketplace, any other NFT marketplaces, on CEX, DEX or AMMs.

Andrew (BSC.News)

Great and I'm glad that you mentioned the tiers because I think we should clarify for those who are unfamiliar


5. Can you tell us about the different tiers of horses?


Adele | DeRace

Gladly! 🐴

Each breed will be divided into 5 tiers:

Tier 1 — Olympian

Tier 2 — Demi-god

Tier 3 — Alfa

Tier 4 — Beta

Tier 5 — Omega

The tiers define the rarity of the horse. It can be easily speculated that the Tier 1 — Olympian — NFT horses are the rarest and of course have the highest market value. A horse’s price is decreasing as with the lower tier.

Andrew (BSC.News)

Great so just as a side question

Can players train their horses to increase the tiers?

Adele | DeRace 

No, it's impossible to increate the tier

But you can increase the level!

Andrew (BSC.News)

Gotcha, so my next question is...


6. How does one go about training a DeRace horse?


Adele | DeRace 

You can level up your horsey only by racing it! 🐎 The more you race the higher your level will get and the more exciting opportunities for you unlocks!

Andrew (BSC.News)

Nice, and I know that you briefly mentioned this before but I wanted to touch back on it because when I first heard about your Hippodromes it was such a neat concept


7. What are the DeRace NFT Hippodromes and what role do they play on your platform?


Adele | DeRace 

All horse races take place in hippodromes! Also, hippodromes are owned and controlled by bookmakers. 

NFT hippodromes: consist of 10 000 NFT tokens, you can own all of it or half of it. The person who has 50% of the hippodrome controls the races, all owners share profit from races and bets.

Bookmakers make a profit from fees and bets made before the race.

Andrew (BSC.News)

And by NFT tokens do you mean $DERC?

Adele | DeRace

No, NFT tokens:)

Adele | DeRace

Just like horses!

Andrew (BSC.News)

Oh I see, sorry about that! but thanks for the clarification


8. What are the cashflow ETFs?


Adele | DeRace

We are introducing NFT Market's first cash flow generating ETF⚡️⚡️⚡️

The vast portion of the crypto market is aware of the success of NFTs but remains unfamiliar with how to price them. 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.

Adele | DeRace

The ETF will reflect the live value of the underlying horses. It will be liquid and hence confidence-conducive to most crypto holders, along with a clear market price. Also, it will be net deflationary as a means to highlight DeRace as one of the few NFT developments that is first and foremost a product, and that too with a business model.

We are deploying an NFT ETF in partnership with Hord, making DeRace NFTs tradable not only on NFT marketplaces like Opensea and Mintable but also on any CEX, DEX or AMM. 🎉

Andrew (BSC.News)

Oh wow that's super neat stuff Adele

Adele | DeRace

Thank you 🐎

Andrew (BSC.News)

I've heard of you know, BSC ETFs, Blockchain ETFs and GameFi ETFs but never NFT ETFs!

Adele | DeRace

I think that's the next big thing!

Andrew (BSC.News)

Very important question that I think you guys are more than happy to answer is...


9. What makes DeRace unique compared to the other projects that have NFT horses?


Adele | DeRace

DeRace brings wide gameplay to the picture: users can own hippodromes, make a profit out of them, upgrade them, and compete against each other. Also, we’ll have horse levels, upgrades and additional assets to boost your horse performance.

DeRace is not just about horses and racing, we recreate all the horse racing industry in the virtual horse. 

We create a horse racing universe. 💫

Main differences:

🐴 DeRace horses have different visual looks corresponding to their genetics.

🐎 Horse breeding enables a possibility to create new potentially faster and stronger horses. On most NFT games each generation gets slower/weaker - in our situation, it's quite the opposite. 

💸 In DeRace, like in the real world, horse racing is accompanied by betting. (Betting gives the whole industry almost 80% of its valuation).

🏁 We allow players to become bookmakers by owning hippodromes and hosting their own races for profit.

Andrew (BSC.News)

Nice one

So last but not least


10. Any exciting news you would like to announce here today?


Andrew (BSC.News)

And I know there's something very exciting tomorrow

Adele | DeRace

Yeeeees 🥳

DeRace is having the first-in-history IGO on Binance NFT tomorrow at 10:00 UTC! ✨ Check this out: https://www.binance.com/en/nft/eventTemplate/492359486188253184

Also, next week we are having a very first NFT drop in our own marketplace for our native token $DERC 🎉

Andrew (BSC.News)

Yup! very exciting stuff

and would you be able to provide us with links to all DeRace social media so that our community here could go check it for themselves?

Adele | DeRace

Of course!

Website:

Announcements:

Telegram group:

Twitter:

Instagram:

TikTok:

Oh, I forgot Discord:

Andrew (BSC.News)

Okay nice

Make sure to go check out DeRace everyone. Super exciting stuff coming out of DeRace that you do not want to miss!


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