common-close-0
BYDFi
Trade wherever you are!
1H1D1W1M

Generalize

Information

Data from
Issue Time
1970/01/01
Initial Price
US $ 0.10799289
Circulation/Max
108.39M/120.00M
Dominance
0.00%
ROI+ 215.90%
$0.10799289$8.26015086
Low · 2022/11/212022/11/21 · High

Information

What Is DeRace (DERC)?

DeRace is a complete NFT horse racing ecosystem that aims to set a new standard for the GameFi industry. It offers the opportunity to buy and breed NFT horses with unique characteristics, equip NFT horses, and build your own NFT hippodrome to host races. The project launched its IDO on July 16, 2021, on DAO Maker. The beta version of DeRace was launched on Dec. 28, 2021, and the full V2 of the game is set to be launched in Q3-Q4.

Who Are the Founders of DeRace?

The core team of DeRace consists of eight individuals from Lithuania, UK, France, Dubai, and Switzerland. DeRace was founded by Adomas Juodišius and Adelaida Sinkevič. Adomas Juodišius is the CEO of the project and was previously the founder and CEO of Media Bubbles, a Vilnius-based marketing agency. Adelaida Sinkevič, the co-founder of Media Bubbles and CMO of several high-profile startups, is now the CMO at DeRace. The team also includes high-profile advisors such as Hassan Sheikh, Michael Kam, Michael Owen, AB de Villiers, KmanuS88, and Alex Becker.

What Makes DeRace Unique?

DeRace aims to disrupt the video gaming and horse racing sectors simultaneously. It addresses the lack of video games with sustainable play-to-earn features and the digitalization challenges faced by horse racing. DeRace offers a personalized gaming experience that is fair and transparent, allowing players to own unique NFT horses and actively participate in the game. Additionally, players can run the game themselves through DeRace's govern-to-earn model by owning hippodromes, hosting races, and earning rewards. DeRace introduces a unique player earning model that rewards activity within the DeRace metaverse and expands gameplay possibilities.

Related Pages:

Check out Axie Infinity (AXS) – a pet-oriented trading game incorporating NFTs.

Check out AnRKey X (ANRX) – another highly popular NFT game.

Learn how NFTs work in our guide to Non-Fungible Tokens.

What are ERC-20 Tokens? Find out more here.

Get the latest crypto news and latest trading insights with the BYDFi blog.

How Many DeRace (DERC) Coins Are There in Circulation?

DeRace (DERC) has a total supply of 120 million tokens. 28% of the tokens, equivalent to 33.6 million, were sold in the private round before the public IDO. The private round raised $1.68 million from investors such as DAO Maker, Animoca Brands, LD Capital, and more. The token vesting schedule unlocks linearly over 32 months. The allocation of tokens is as follows: 6% for the IDO, 15% for marketing purposes, 25% for liquidity incentives, 10% for the team, 5% for advisors, and 11% for development.

How Is the DeRace Network Secured?

DeRace (DERC) is an ERC-20 token based on the Ethereum blockchain. Ethereum utilizes a proof-of-stake consensus mechanism and is secured by a decentralized network of stakers. The Ethereum blockchain has approximately 11,000 nodes that protect it against attacks. Ethereum is a popular blockchain for new tokens to launch on due to its standardized tokens, vibrant developer community, and robustness. NFT projects like DeRace often choose Ethereum for its visibility and exposure to new investors.

Can DeRace (DERC) Hit $1?

DeRace reached an all-time high of $8.45 in November 2021, representing a 165X increase from its initial launch price of $0.05. While hitting $1 would require a 20X increase, it is not unimaginable considering the market's appetite for promising NFT and metaverse gaming. Axie Infinity (AXS) recently achieved an all-time high after launching at around $0.15.

Where Can You Buy DeRace (DERC)?

The DeRace IDO launched on July 26th on DAO Maker. It is listed on Crypto.com, Gate.io, Uniswap, Pancakeswap, and QuickSwap. If you are interested in buying DERC, you can find more information on how to start buying this token and other cryptocurrencies.

Answers

What Is DeRace (DERC)?

DeRace is a complete NFT horse racing ecosystem that aims to set a new standard for the GameFi industry. It offers the opportunity to buy and breed NFT horses with unique characteristics, equip NFT horses, and build your own NFT hippodrome to host races. The project launched its IDO on July 16, 2021, on DAO Maker. The beta version of DeRace was launched on December 28, 2021, and the full V2 of the game is about to be launched in Q3-Q4.

Who Are the Founders of DeRace?

The core team of DeRace consists of eight individuals from Lithuania, UK, France, Dubai, and Switzerland. DeRace was founded by Adomas Juodišius and Adelaida Sinkevič. Adomas Juodišius, the project's CEO, was previously the founder and CEO of Media Bubbles, a Vilnius-based marketing agency. Adelaida Sinkevič, the co-founder of Media Bubbles and CMO of several high-profile startups, is now the CMO at DeRace. The team also includes several high-profile advisors such as Hassan Sheikh, Michael Kam, Michael Owen, AB de Villiers, KmanuS88, and Alex Becker.

What Makes DeRace Unique?

DeRace aims to disrupt the video gaming and horse racing industries simultaneously. It addresses the lack of video games with sustainable play-to-earn features and the digitalization challenges faced by horse racing. DeRace offers a personalized gaming experience that is fair and transparent, allowing players to take an active role through their ownership of unique NFT horses. Additionally, players can run the game themselves through DeRace's govern-to-earn model by owning hippodromes and hosting races. DeRace introduces a player earning model that rewards activity within the DeRace metaverse and expands gameplay possibilities.

How Many DeRace (DERC) Coins Are There in Circulation?

DeRace (DERC) has a total supply of 120 million tokens. 28% of the total supply, or 33.6 million tokens, were sold in the private round before the public IDO. The private round raised $1.68 million from investors such as DAO Maker, Animoca Brands, LD Capital, and more. The token vesting schedule unlocks linearly over 32 months. The allocation of tokens is as follows: 6% for the IDO, 15% for marketing purposes, 25% for liquidity incentives, 10% for the team (locked for the first year), 5% for advisors, and 11% for development.

How Is the DeRace Network Secured?

DeRace (DERC) is an ERC-20 token based on the Ethereum blockchain. Ethereum uses a proof-of-stake consensus mechanism and is secured by a decentralized network of stakers. The Ethereum blockchain has approximately 11,000 nodes that protect it against attacks. Ethereum is popular for token launches due to its standardized tokens, vibrant developer community, and robustness. NFT projects like DeRace often choose Ethereum for visibility and exposure to new investors.

Can DeRace (DERC) Hit $1?

DeRace reached an all-time high of $8.45 in November 2021, indicating a 165X increase from its initial launch price of $0.05. While reaching $1 would require a 20X increase, it is not an unimaginable task. Axie Infinity (AXS) recently achieved an all-time high after launching at around $0.15, demonstrating the market's interest in promising NFT and metaverse gaming.

Where Can You Buy DeRace (DERC)?

The DeRace IDO launched on July 26th on DAO Maker. DeRace (DERC) is listed on various exchanges including Crypto.com, Gate.io, Uniswap, Pancakeswap, and QuickSwap. If you are interested in buying DERC, you can find more information on how to start buying this token and other cryptocurrencies.