Best Horse Racing NFT Games to Check Out in 2022

Photo by Mathew Schwartz on Unsplash

The explosion of the NFT (non-fungible token) market since 2020 has been both praised and ridiculed, depending on who you listen to.

However, there is no doubt that the blockchain technology it is built on is here to stay, which is why we keep seeing new NFT projects popping up.

The world of horse racing is no different to any other industry. Many racing experiences have been digitized and packaged as an NFT to give fans opportunities that they wouldn’t have been able to get just a couple of years ago.

Here are some of the best horse racing NFT games to look out for.

What is a horse race NFT?

As you may already know, an NFT is a digital token that stores something of unique value, with “non-fungible” meaning something that cannot be replicated.

With horse racing NFTs, this often takes the form of a virtual horse, based on the characteristics of real animals. Users can purchase them to compete in virtual races that take place in a digital setting known as the metaverse.

As with other NFTs, owners can benefit from the value of their asset increasing, as well as other related income streams, but there is also an element of risk: the value of the NFT can also simply fall.

The NFT horse racing industry is growing rapidly and there are many games emerging to meet the demand.

DeRace

Virtual horse racing has been around for a long time, but DeRace takes it up a notch with its incredibly detailed format that takes into account every last detail of a horse’s characteristics.

The digital horses are available in an NFT form and are ranked in different levels, ranging from Omega to Olympian, the latter boasting horses worth more than $2,000.

After paying a fee in DeRace’s token $DERC, players can enter their horses in 3D races governed by a “Controlled RNG” system, which gives all participants a fair chance to win based on their predetermined speed.

A notable feature of DeRace is the availability of racecourses that players can buy stakes in. If they own more than 50%, they get a chance to become “bookmakers” and hold races. The profits from these races are shared between the owners, creating a useful income stream for them.

Silk

Silks is more than just a game. It is an entire metaverse where participants can perform a variety of tasks, including creating avatars and purchasing virtual 3D horses, known as “Silks horses”.

It’s all part of an innovative play-to-earn structure where you can earn money. However, this does not depend on fortune, as you see in online casino games. Instead, your virtual horse is linked to a real thoroughbred racehorse based on matching information.

Players receive rewards, paid out in the game’s native token $STT, every time their digital horse’s equivalent wins a race. There are also creative breeding and staking mechanisms that can generate income.

If played correctly, Silks can be a lucrative passive income stream for those who are “in the know”.

Pegasus

Like DeRace, Pegaxy is based on the idea of ​​virtual horse racing where players can buy horses and race against competitors to win prizes.

An interesting feature here is that there are weather variables built into the game, so rain or wind can affect the outcome as much as the talent of a particular horse.

Race winners receive $VIS, the game’s native token, and can use the funds to upgrade their racing equipment, buy food, or increase their animal’s attributes.

The game also runs a secondary market where users can trade their NFTs, plus there’s a breeding mechanism where even rare foals can be sold if you’re lucky enough to get one.

Also, don’t miss out on the stadium investment opportunity which, like at DeRace, could see you get a share of the profits from racing events.

DeFi horse

DeFi Horse sets itself apart from other games on this list by offering a cyberpunk-themed experience. The online genre is popular with players who enjoy a grittier, more down-to-earth style of play.

The game is hosted on the Binance Smart Chain (BSC) and players can use the game’s token $DFH to buy and train horses to earn rewards.

Each horse’s rarity is classified into different ranks that can affect its value, ranging from Popular to Ascended, and there’s even a “horse whisper” feature that allows you to interact with your horse and possibly improve your chances of winning.

Then, just like Robert Redford in the famous Hollywood movie, you can become a horse whisperer and push him or her to great heights.

ZedRun

In ZedRun, you will find that your digital horse belongs to one of four bloodlines: Nakamoto, Szabo, Finney or Buterin. Some are rarer than others, but all give you the chance to earn rewards through incentive-based gameplay.

You can get one via OpenSea, the platform that runs on Ethereum’s blockchain. Once you are an owner, you can participate in virtual races, breed new horses and sell offspring in an integrated marketplace.

An absorbing and stimulating game, ZedRun will make hours seem like minutes as you compete to create the finest horse possible.