LONDON, March 25, 2022 (GLOBE NEWSWIRE) — MetaHorse has announced the launch of its horse racing metaverse, powered by blockchain technology, non-fungible tokens (NFTs) and GameFi, allowing players to enjoy horse racing. horses in a whole new way. level. MetaHorse gamifies horse racing by allowing users to virtually breed, train, compete and bet against horses they own in a metaverse, allowing them to enjoy the virtual experience and fun of horse racing.
The platform combines blockchain, play-to-win, and GameFi to create a gamified ecosystem for horses. It integrates a variety of game elements such as simulation and educational games, standalone PVE games, and PVP games, etc., with blockchain-based token technology.
MetaHorse: a multi-billion dollar market
Horse racing is an equestrian sport that has existed for many centuries. It has been popular since two-wheeled chariot racing in Roman times. With millions of viewers around the world, the horse racing industry has maintained its popularity for centuries. Now a multi-billion dollar market, this sporting event shows no signs of slowing down.
The size of the global horse racing market was valued at $300 billion in 2019 and is expected to grow significantly over the next decade. Analysts have been monitoring the horse racing and sports betting market and it is poised to grow $139.52 billion during the period 2020-2024, growing at a CAGR of 9% during the forecast period. As for Japan, it has more than 20 large-scale horse races with 100,000 people, holding more than 15,000 races every year. In addition to the admiration for the cavalry in the race, the game also allows more people to participate, making horse racing active among civilians.
How does the gameplay work in MetaHorse?
MetaHorse will integrate horse racing culture into the metaverse concept so that everyone can become a proud horse owner while also having the ability to tokenize ownership through NFTs, which can be further used in the metaverse. . To participate in the game, a user must own a horse acquired through the purchase of an NFT. Once you have the NFT, you can raise it, train it, and when it’s grown and matured enough, you can bet against it in the metaverse. Also, since the NFT represents ownership of the underlying horse, it can be traded on the market. So, from breeding to competition, MetaHorse creates a complete and realistic horse racing chain game based on real horse racing.
Get started with MetaHorse
To get started, players can use the government token i.e. MHC to buy a blind box which is then used to get horse NFTs and then enter the game. They can receive game tokens by training three to eight times a day, depending on the different levels of the horse. NFT. The game tokens can be used to upgrade the NFT horse status, or can be converted into a second token – sMHC to participate in PVP horse racing.
Play to win in a closed loop
Earning rewards in MetaHorse is as easy as raising a pet. Once you have obtained the MHC Token which can be acquired through Private Sale or Initial Dex Offering, you can obtain the NFT Box to collect an NFT Horse which can then be used in the game. Below is a visual description of how the closed loop works where a user can earn rewards.
The NFT sale opens in April 2022, details of which can be found on the website. Visit the official website to purchase your horse and start creating lucrative rewards against bets in the horse racing metaverse.
Brand: Metahorse Gaming
Email : [email protected]
THE FOUNTAIN: Metahorse Gaming Ltd