TL;DR
- MetaDerby is a free-to-play-and-earn NFT horse racing game built on the Avalanche (AVAX) blockchain.
- MetaDerby runs on a dual-token system $DBY for governance and HOOF as in-game currency.
- HOOF is the in-game currency for gas fees and in-game purchases like raising horses, building farms and racetracks, and paying entrance fees.
- Racehorses may reproduce and generate offspring that can be utilized or sold in the MetaDerby market or other marketplaces.
- Players looking to start MetaDerby can get a free NFT Horse by completing beginner missions on MetaDerby’s website!
MetaDerby is a FREE-to-play-and-earn NFT horse racing game built on the Avalanche blockchain. In its metaverse, players can earn tokens through its features, such as horse racing, breeding horses, buying lands, building on farms, and hosting races.
If you are starting out in blockchain gaming, you can receive your first free NFT horse by completing some tasks that MetaDerby has. According to the whitepaper, the founders made MetaDerby a free-to-play NFT game so that all players can explore the MetaDerby metaverse.
How Does MetaDerby Work?
Each Racehorse in MetaDerby is an NFT that is distinguished by four different Genotypes: BloodLine, Acceleration (Gene X), Aggressiveness (Gene Y), and Sprint Speed (Gene Z). Each genotype reflects its natural qualities and will come into play during horse races.
MetaDerby horse races
There is a maximum of 12 horses allowed in a race. Racehorses can be bred to reproduce offspring that can be utilized or sold in the MetaDerby market or other NFT marketplaces.
Like many Play-To-Earn games, MetaDerby runs on a dual-token system. The Derby ($DBY) token is used for governance and purchasing of lands in the Metaverse.
In MetaDerby’s metaverse, the primary gas is a gaming coin known as $HOOF. The $HOOF token is an in-game currency that is used to purchase mystery boxes, enter stables, raise horses, build farms, racetracks, and pay entrance fees for races.
Players can earn cryptocurrency through activities, such as racing, breeding, guessing, and owning lands. Because of the game mechanics, the game economy is more dynamic as compared to other NFT games, resulting in increased user engagement since its inception.
Modeled after the concept of "create-to-earn," the game will eventually implement a land system that would enable players to purchase plots of land where they can construct stables, hippodromes, jockey clubs, and stage their own games.
In this way, players may contribute to the development of the game and help generate revenue that will further stimulate MetaDerby's tokenomics.
Purchasing MetaDerby NFTs
The MetaDerby Marketplace is an NFT marketplace that allows you to purchase NFTs like mystery boxes, horses, and gear.
These NFTs give players additional advantages, increasing the chances of winning when in a race.
Since the marketplace of MetaDerby uses HOOF as its currency, if you want to purchase a mystery box, horse, or gears, you will need to get HOOF from a DEX like TraderJoe.
However, Coins Arcade currently enables you to purchase NFTs from MetaDerby Marketplace which will be settled directly with the balance you have in your coins wallet.
For example, if you want to purchase a mystery box, you would enter the marketplace, and select mystery box.
Upon selecting, a pop-up will appear which requires you to confirm your purchase of the mystery box.
Here, you can see the immediate conversion rates from HOOF to PHP. To proceed, you can tap on confirm and you will receive your mystery box!
Start playing MetaDerby on Coins Arcade.
For many years, Karm has been an avid gamer and even led his own Axie Infinity guild. Recently, he decided to build a long-lasting and fun crypto gaming project. Which led to him spearheading the MetaDerby project. Karm also has more than ten years of experience as a senior developer in front-end and mobile app development. He was a former technical head of Binance US.
Since 2017, Mike has been an active investor in the cryptocurrency industry's pre-sale and seed stage, having backed more than 50 projects as of March 2019. In 2021, Mike dove headfirst into NFT and broadened his passion to include crypto games. Mike's background is in traditional finance, specifically over a decade of expertise in the casino gambling business prior to his foray into the crypto space.
In 2017, Muse began working in crypto as a journalist. In 2018, she became the worldwide PR manager for Binance. Beginning in early 2020, Muse oversaw expansion and operations for Binance's primary fiat-to-cryptocurrency business unit, taking it from zero to two million weekly active customers in that time.
What is in the future of MetaDerby?
In March 2022, MetaDerby successfully raised a total of $2.5M in a seed round led by Ava Labs and Old Fashion Research, which are aimed to fund further developments in the game.
In October 2022, MetaDerby announced its new feature called Social Race Mode, which allows players to host a race and compete against their friends. Winners of these races can earn $HOOF tokens which are now trading on TraderJoe.
Based on its roadmap, MetaDerby players will soon be able to enjoy additional features, such as strategy gameplay, liquidity mining, and a referral system.
Disclaimer: The information and publications in this article are not intended to be and do not constitute financial advice, investment advice, trading advice, or any other advice or recommendation offered or endorsed by Coins.
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