Blog article
See all stories »

Gallop into profitability with an NFT horse-racing game platform like Zed Run

History of horse racing

It has been noted that no new animals were domesticated in the past 20,000 years by humans. This would mean that even without technical intelligence, human beings understood that only some animals are meant to be perfect companions for humans. Equestrians carry a special place in this regard. Although dogs and cats are our favourites as pets, the history of horses can be traced back to that fine line between mythology and history. There have been instances of characters like Pegasus, And we have also seen horses being associated with big names in history like Alexander The Great.

One of the most unique and observable qualities of horses is their ability to run fast. This made them ideal battle animals. In addition, it also gave rise to the sport of horse racing. Horse racing and horse chariot racing has served as a test of strength for horses. It also created a new profession of horse breeders and horse trainers.

To this day, it continues to be one of the most expensive sports on the planet, and it is just confined to a few people most of whom are extremely affluent or belong to the royal lineage.

The Onslaught of virtual worlds

Come to think of it, a lot of games that were considered to be purely “physical“ have been brought into the digital world. We have seen games like football and tennis transit into the digital realm, and that too, without any significant losses in the experience of playing that game.

Some games even involve setting up your own team, training people in a virtual environment, and competing with other such teams that have been equally purchased, trained, and mentored… All virtually.

If it can happen to other sports and games, why not with horse racing as well? This Million-Dollar question was adequately addressed by the introduction of the blockchain basic horse racing game called ZedRun.

NFT-based horse racing platform

As we have just seen, ZedRun is the blockchain manifestation of real-world horse racing. It provides a virtual environment where people can buy horses, maintain a stable, train them, read them, participate in races, and win prizes.

Why is it a great business idea? 

Although equestrian sports might not have a lot of fun following like soccer or American football or baseball, they are slowly catching up in terms of popularity, and it is not surprising to see the younger generation take horse riding as a hobby.

Therefore, this renewed interest in horse racing is bound to be a catalyst for the business success of any NFT platform like ZedRun. The introduction of the distributed digital ledger technology called the blockchain in ZedRun, and one of its manifestations, the non-fungible token, makes it an ideal digital horseracing platform.

The NFT technology ensures that the uniqueness of horses, the value, and the ownership are maintained globally without any discrepancy. After all, even in physical horse racing, it is the unique properties of a horse that determine its value.

Considering how promising this space has been, developing an NFT platform like ZedRun could be an interesting and lucrative business opportunity that brings all the thrill of actual racing but in the virtual space.

Why go for white label ZedRun? 

Any blockchain-based horse racing app is bound to have at least the skeleton of ZedRun. ZedRun abounds with features that make it a perfect NFT horse racing platform. The market, without question, is still wide open. However, building a ZedRun-like NFT gaming platform would be a challenging and cumbersome undertaking.

It involves putting together a lot of effort in development, design, and analysis. Above everything, it requires an immense understanding of blockchain technology and NFTs in particular.

Alternatively, if you intend to build a blockchain-based horse racing application or any other NFT gaming platform solutions for that matter, you can opt for white label alternatives. Even ZedRun has white-label options that can help you launch your own horse racing platform in the shortest possible time.

The essential features

 Even if you intend to go for white label solutions, it is imperative that you are aware of the features of an app like ZedRun.

- The marketplace

 The first thing any horse racing app should have is a marketplace. The marketplace enables users/participants to buy “digital horses.“. The prices of these horses should be justified in terms of their uniqueness, rarity, and other factors.

- Horse-Breeding

Genetics plays an important role in every aspect of life. Even when it comes to horse racing, the progeny of the horse determines its racing capabilities. To make the digital experience as close as it can be to the physical experience, horse breeding has also been introduced as a part of the ZedRun ecosystem.

- Horse Racing

Horse racing is the core aspect of the gaming platform. Using the horses that the owners possess, they can participate in races where the winning probability of the horse is determined by the pro genie, the record, the kind of feed, the maintenance, and a host of other factors.

- Upcoming Events

The platform should also have a calendar of events in the near future. While this might seem like a simple feature, the users can, depending on the strength of the horse, the prize money, and the probability of winning can determine which race to participate in and which race to forgo.

- NFT Basics

In all of this, it should not be forgotten that the NFT is the building block of the entire gaming ecosystem. Therefore, the basics of NFT like uniqueness, rarity, and integrity should be established at all times. It is to be remembered that once the integrity of the NFT is challenged, your entire gaming ecosystem is bound to collapse.

How does ZedRun Work?

The way in which the design is quite similar or rather congruent with the usual horse racing scenario. You can form a stable by purchasing the horses. You can enhance the quality of your horses by preparing your stable with proper feed and other amenities. The horses can also be bred and can be sent for racing classes.

Once a race has been initiated, You can make your horses participate in them by investing an initial amount in crypto by transferring it to a wallet guarded by a smart contract. After the race is over and if your horse has won the race, you will be able to collect your prize money.

Before participating in the race, you can look at different parameters like the types of horses that are participating, the scarcity of your horse, and even the price landscape. You can even consider selling your horse to another racer for a price determined by the horse’s quality factors.

Conclusion

With almost every physical experience becoming digital, and with the introduction of NFTs and blockchain technology, new opportunities and avenues have been opened for new experiences. It is high time that an aspiring entrepreneur capitalizes on these to script their own path of success.

With the craze for equestrian racing finding a new surge, now would be the right time for any entrepreneur to invest in an NFT horse racing platform like ZedRun

10848

Comments: (0)

Member since

0

Location

0

More from member

This post is from a series of posts in the group:

Blockchain in Banking and Financial Services

This group is to share any information related to enterprise wide Blockchain technology adaption in different Banking Financial Services sub-domains.


See all

Now hiring