Crypto Horse Racing – Top 3 NFTs to Buy in 2022
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
Did you know that investors traded over $17 billion worth of NFTs in 2021? Thats a 21,350% increase compared to the previous year. CryptoPunks and the Bored Ape Yacht club may have garnered the most attention, but many other projects have found success.
With the metaverse garnering all the headlines, the NFT community realised that their tokens could be much more than mere investment vehicles. Its also how horse racing NFTs came to be!
Spending a day at the tracks is always wonderful, but with so many new NFT projects for this sport – the opportunities are endless. You can create avatars, breed your virtual horses, and more.
To navigate this brand new market and make smart investments, you must aim for the best of the best. Thats why weve prepared a top list of the best horse racing NFTs. Try them out and see if they fit your investment goals!
3 of the Top Horse Racing NFTs to Buy in 2022
The best horse racing crypto projects aim to recreate reality as credibly as possible. Not everyone can do this, but these NFTs are:
- Silks – The first derivative horse racing NFT game that parallels the real world of this iconic sport. Every virtual horse directly correlates to a real-life thoroughbred, too.
- Zed Run – A bit slower-paced, Zed Run offers players the opportunity to breed unique NFT horses, build their hippodrome, and profit from organising races.
- DeRace – A tournament and competition-focused NFT game, DeRace has a futuristic, neon look. Aside from making their own NFT horses, players compete against one another in contests with real commentators and prizes.
A Closer Look at the Top Crypto Horse Racing Projects
1. Silks – Top NFT to Buy in 2022 (Silks Genesis Avatar Mint – April 27th)
Yes, NFTs should be profitable for investors. However, they should also be fun to use and have practical applications. The Silks metaverse project checks all of these boxes, providing a great investment opportunity and loads of fun for horse racing enthusiasts. As a part of this Web3 game, players get to acquire, trade, and interact with a variety of in-game NFT assets including Silks Avatars, Land, Stables and most notably, Silks Horses each of which represents a real-world thoroughbred racehorse.
From the get-go, its hard not to be impressed by this versatile approach. Usually, only the horses themselves are NFTs. Silks, however, managed to create a whole gamified NFT economy. And it hinges on something pretty unique in the NFT landscape – real-world performance data that is tied to real-world thoroughbred racehorses. Each year, Silks will offer a new crop of Silks Horse NFTs, each of which represents a top one-year-old thoroughbred that is registered in the U.S. From that point forward, each Silks Horse NFT will track data pertaining to the bloodlines, training progress, and racing performance of its real-world counterpart. Therefore, the value and rewards of a players Silks Horse NFTs will all be based on real-life circumstances, which is unheard of in other top NFT games.
The innovative NFT platform starts with the Silks Genesis Avatar Collection, which is scheduled to launch on April 27th. Silks Avatars will represent each players unique identity and the ownership of their affiliated in-game assets (Silks Horses, Stables, etc.) on the platform. To get Early Access to the Silks Genesis Avatar Mint, visit the Silks website, silks.io. Also, to learn more about Silks, check out their Discord and Twitter for regular updates on the project.
But thats just the beginning. The inaugural Silks Horse Mint will take place later this year in mid-2022. As mentioned previously, they will be derivative NFTs that directly correspond to top real-world thoroughbreds. This mixed-reality dynamic that combines the physical and virtual worlds is what provides the foundation for Silks innovative model of strategic gameplay.
In the Silks ecosystem, players can trade horses based on speculative information (also known as pinhooking), sell fractional interests in their horses through syndication, or even join ownership pools to diversify ownership and mitigate risk.
2023 will see the opening of the Silks Metaverse. There, players will have the ability to acquire and develop Land, construct Stables, and even build entire Horse Farms to house and maintain Silks Horses. Once the real-world racehorses begin their racing careers, it will kickstart the Silks economy and mark the beginning of an exciting and self-sustaining P2E ecosystem.
Where most developers are content with staying digital, the minds behind Silks had a different plan. No other NFT game has managed to break the fourth wall as they did. And until they do, Silks is our top horse racing NFT project for the foreseeable future.
2. Zed Run
Not many top NFT games combine skills and entertainment as masterfully as Zed Run does. This metaverse allows players not just to buy and sell horse racing NFTs but also speculate on virtual races. Even though Silks breaks the Fourth Wall entirely, Zed Run themselves did a great job fusing NFT gaming and sports betting.
But unlike Silks, all horses in this game are virtual. Each horse NFT comes from one of the four imaginary bloodlines – Buterin, Finney, Nakamoto or Szabo. Rarity is a factor, too, as some bloodlines arent as easily found as others. On top of that, each horse has its characteristics, unique traits, and stats.
The next step involves entering your horse into a race. Dont worry; you wont be facing the best of the best immediately. Its almost like a traditional RPG game – the horse starts at the lowest level and advances as it wins. Players get rewards for finishing in the top 3, while those same rewards grow in size as you progress.
Once a horse becomes successful, its possible to breed it with other horses and get an even more powerful thoroughbred. Then, the offspring can either enter races or be sold on OpenSea or a similar platform.
3. DeRace
DeRace looks at their horse NFTs differently compared to Zed Run. Instead of creating new bloodlines, they use three different categories – breed, gender, and tier. Gender and breed are primarily cosmetic or have minor effects on the horses performance.
Tiers, however, determine the quality and the price of the horse. The cheapest horses are in the Omega tier, while the best and most expensive ones can be found in the Olympian tier. When the player purchases a DeRace horse NFT, they can enter it into races.
Unlike our previous two entries, DeRace races are RNG-based. Technically, all the horses have a chance to win, but the better and more expensive ones have a mathematical advantage. To enter a race, you have to pay a fee in $DERC, DeRaces proprietary cryptocurrency. Given the game’s popularity, its also a good investment target.
However, the crown jewel of DeRace is the ability to become a horse racing betting facilitator. How? Well, players can purchase a stake in one of many hippodromes, all of which are worth 10,000 NFTs. By owning more than 50$, you can organize races, field bets, and earn a passive income. Were not sure any upcoming NFT projects will match this, though.
Conclusion
The market for horse racing NFTs is getting bigger by the day. Various developers put their twist, but they all pale in comparison to Silks and their unique, mixed-reality approach.
Not only does the Silks model have potential for long-term sustainability, it also skillfully implements innovative Web3 technologies to create an immersive and groundbreaking ownership experience in the metaverse.
New horse racing products come and go, but none has been able to match Silks and their gamified approach. So if you want to experience the future of thoroughbred horse racing, giddy up and be sure to check out the Game of Silks website and Discord!
