DeRace Price Stats
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Market Cap: $10,364,615
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Circulated Supply: 36,583,150
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Supply Cap: 120,000,000
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All-time High: $8.24(Nov. 25, 2021 -96.6%)
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All-time Low: $0.275488(Jun. 18, 2022 +2.6%)
A Brief History of DeRace
DeRace is an NFT horse racing interface where you can participate in horse races, breed NFT horses with unique characteristics, build your own NFT hippodrome, and earn $DERC through a Play2Earn mechanism. DeRace is ranked #859 on coinmarketcap and #595 on coingecko. It peaked at $8.24 on Nov. 25, 2021, and has since declined to an all-time low of 0.275488 on June 18, 2022, since its deployment in August 2021. DeRace can be purchased on LATOKEN, crypto.com, and BKDEX. DeRace was named one of the top-performing IGOs in 2021 by coin market cap, with a high trading volume on Opensea and Binance NFT. DeRace’s first-ever IGO on Binance NFT sold out in 2 seconds, and the Olympian NFT horses were immediately resold for $120,000 on the secondary market.
The Team Behind DeRace
Adomas (CEO) and Adelaida founded DeRace (CMO)
Adomas Juodisus is a blockchain and cryptocurrency expert, entrepreneur, and system architect. He also founded and continues to run Media Bubbles, a company that provides software development and digital marketing services, in February 2017. In 2010, he graduated from VILNIUS TECH with a bachelor’s degree in Computer/Information Technology Administration and Management.
Adelaid S. holds a Bachelor of Communication and Media Studies degree from VILNIUS TECH and a Master of Digital Marketing degree from Vilnius University. She has served as the Chief Marketing Officer for several companies, including Jokubo Melkuno Fondas (October 2020 – March 2021), Notus Technicus (March 2018 – December 2018), and MTB Hooper (May 2019 – June 2021). In February 2017, she also founded Media Bubbles. The team also includes 9 developers, 5 marketers, 3 community managers, and 7 advisors, all of whom are experts in their fields.
Features
- 3D horses with various characteristics, performance, cool-down times, and visual appearances.
- RNG technology is used in the races. The winner receives a percentage of all participant fees as well as additional prizes.
- Breeding horses using a genetic algorithm and an Ethereum smart contract.
- The owners of hippodromes where races are held manage and collect a percentage of the entry fees.
- Racing event sponsored by partners with additional prizes.
- Horse owners can earn rental fees by securely renting out their NFT horses.
- Equip horses with items such as saddles, horseshoes, and other accessories to improve their performance on the racetrack.
- Completing missions and achievements will earn you rewards for your in-game activity.
- Horses can be bought and sold in the DeRace marketplace as well as other NFT marketplaces.
Advantages of DeRace
- Player incentives
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An interactive gaming interface
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Gameplay activities
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Creative player outlets with hippodrome and horse customization
Disadvantages of DeRace
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The price of $DERC has dropped
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The roadmap has not been fully realized
Use Cases of DeRace
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Earn money by playing
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Horses can be rented for a profit
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Horse NFTs can be resold on marketplaces
Summary
DeRace is the world’s first completely decentralized blockchain-based racehorse platform. It is a comprehensive NFT horseracing ecosystem where users can race horses, breed NFT horses with upgraded traits, build their own NFT, gamble on horses, and earn money.
