On First Birthday, Horse Racing P2E Game DeRace Plans Major Updates
DeRace Co-Founder: “We are not stopping here, rather we are expanding our gameplay enormously!”
An Eventful First Year for DeRace
DeRace kicked off its journey towards becoming the leading PlaytoEarn NFT horse racing ecosystem with an initial DEX offering (IDO) on DAOMaker on July 26, 2021. The platform's first year was packed with numerous developments and partnerships including backings from DAOMaker, Binance NFT, Chainlink, Crypto.com, Polygon, etc.
“Last year was a crazy ride for both our team and the community!” DeRace Co-Founder Adelaida Sinkevic told BSC News.
DeRace, which has English football great Michael Owen on its advisory board, also received recognition from CoinMarketCap as one of 2021's best-performing initial Game Offering (IGO) projects. In addition, statistics showed that the launch of the beta version of DeRace's GameFi metaverse in December 2021 got off to a strong start.
While there's a lot for DeRace to cheer about in its first year, the team is pushing forward in Year 2. In a celebratory birthday tweet on Aug. 10, DeRace teased tons of new upcoming features and upgrades to maintain the platform’s momentum and improve the gaming experience for users.
🧵✨$DERC 1 YEAR WRAP-UP✨
— DeRace (@DeRaceNFT) August 10, 2022
As $DERC celebrates its very first anniversary, let's take a look back at what we have achieved so far & all exciting milestones that are waiting ahead!🔮
Full recap🔎https://t.co/9pQX78vKxT
Check out the MAJOR project achievements & what's to come👇 pic.twitter.com/WkTgQ8PHnW
BSCNews had an exclusive chat with Sinkevic about the team’s past successes and projections for the future:
"We’ve been developing nonstop. It’s even hard to believe that in this short period we were able to bring DeRace from a mere concept to a working product. But we are not stopping here, rather we are expanding our gameplay enormously!” she said. “Two major updates are coming shortly and will revamp DeRace from the ground up: a lot of new exciting features, immersive game mechanics, and a sustainable reward system for our players."
In a Medium post on Aug. 10, the DeRace team painted a picture of what its community should look forward to in the days ahead. The first update will alter the gameplay tokenomics with a revised reward system. The team will also introduce new game missions and achievements, and NFT wearables for the horses, among others.
The second update will introduce features to increase community engagement such as:
- Tournament-style races
- Duels
- Racing clubs
- NFT horse-renting
- Leaderboards
- Fully functional NFT jockeys, and more.
The past year hasn’t been all good news for DeRace, of course. Its DERC token price peaked in late November 2021 and since then is down more than 95%. However, the price is up more than 25% since hitting its all-time low in June 2022.
The project’s current market cap is $23.4 million.
What Is DeRace:
DeRace is the first blockchain-based racehorse platform that is completely decentralized. It is a comprehensive NFT horseracing ecosystem in which users can race horses, breed NFT horses with upgraded traits, build their own NFT, gamble on horses, and earn money while doing so. DeRace has arisen as a mash-up of three notable multi-billion-dollar markets: video gaming, gambling, and horse racing.
Where to find DeRace:
Website | Twitter | Telegram | Announcements | Medium | Instagram | TikTok | Discord
Don’t forget to download the BSCNews mobile application on iOS and Android to keep up with all the latest news for BNB Chain and crypto!
Follow us on Twitter and Instagram!
If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, Cryptonomics Explainers, and Trading Tool Kits from BSC News.
Check out the Web3Wire Linktree to keep up with all relevant Web3 and Crypto!
Looking for a job in crypto? Check out the CryptoJobsNow!
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Author
Related News
Raffle Coin (RAFF) Presale, Tipped for 100X, Draws OKB (OKB) and Cronos (CRO) Investors to Its Raffle Platform
Offering transparent governance and promising a 100X return opportunity, analysts anticipate Raffle Coin's potential to become a "blue-chip" cryptocurrency.
The spotlight this time goes to Raffle Coin (RAFF) in the dynamic cryptocurrency market for being an upcoming decentralized raffle platform that looks set on a path of exponential growth. Raffle Coin (RAFF) is one of those projects where its presale has been noticed by not only individual investors but also established projects like OKB (OKB) and Cronos (CRO) amid whispers of a possible 100X opportunity.
Let's dive further to understand what makes Raffle Coin (RAFF) an interesting contender in decentralized finance (DeFi).
OKB (OKB): Navigating Low Volatility in the Crypto Market
OKB (OKB) is comparatively one of the calmer ones, showing its latest 3.47% rise to $59.64 compared with its peers. OKB (OKB) receives a Volatility Rank of 24 from InvestorsObserver, which, paired with its counterparts, leaves it in room for the bottom 24% of cryptos. This translates to less consistent, narrower price swings and Trading near resistance levels; OKB (OKB) faces potential selling pressures ahead despite its stable performance.
Cronos (CRO): Paving the Way for DeFi Adoption
Cronos (CRO) is one of the blockchain platforms emerging as a trend with the easing of the DeFi applications. Currently trading at $0.1454, with a year that has seen spectacular rises and positive momentum from the previous 7 Days, Cronos (CRO) is high on interest as a token, seeing significant adoption and volume on sites like KuCoin.
Raffle Coin (RAFF): A Decentralized Raffle Revolution
Raffle Coin (RAFF) has been the talk of excitement in the crypto space, with the presale being said to present one of the best opportunities for a 100X return. Designed to suit individual and institutional investors alike—including, but not limited to, OKB (OKB) and Cronos (CRO)—Raffle Coin (RAFF) offers leading and decentralized governance in its entirety with a completely clear reward structure.
At just $0.020 per token, there is no doubt that, in the presale stage, Raffle Coin (RAFF) will be luring investors for huge returns as it snowballs. Analysts and enthusiasts alike are waiting for Raffle Coin (RAFF) to become a "blue-chip" cryptocurrency, considering the strategic partnerships and features developed to be user-centric.
Conclusion
The high return presale of Raffle Coin (RAFF) is calling the attention of investors in the crypto space. With an innovative model, strategic partnerships and a fast-growing community, Raffle Coin (RAFF) is poised to carve its name in DeFi history. In this respect, from the unfolding of the project, it is clear that Raffle Coin (RAFF) is more than a cryptocurrency but a change engine for the decentralized platforms and the raffle world.
Find out more about the Raffle Coin (RAFF) presale by visiting the website here.
Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $300. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Follow us on Twitter and Instagram!
If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.
Looking for a job in crypto? Check out the CryptoJobsNow listings!
Try Now!
Sign up Now
Coming Soon
WIN BIG
Coming Soon
Start Earning Today!
Earn Now
Coming Soon
Sign Up Now
Play & Mine!
Coming Soon
Editors Choice
Other Currencies
- nameLTBuyLitecoin
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0% - nameLTBuyEOS
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0% - nameLTBuyMonero
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0% - nameLTBuyBitcoin Cash
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0%