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Learning & News => Announcements [ANN] => Topic started by: ZED.RUN on March 02, 2020, 08:51:15 AM

Title: ANN: UNIKRN and ZED RUN Partners
Post by: ZED.RUN on March 02, 2020, 08:51:15 AM
Hi All,

Cal here from ZED RUN and we are in the midst of launching live horse racing on the blockchain! Feel free to check us out at zed.run and even better, buy your very first racehorse NFT on the blockchain using Meta Mask!

We were featured only today by Coin Desk and are partnered with UNIKRN.

Digital racehorses with unique attributes, trade histories and win records – all with bloodlines named for crypto luminaries like Nakamoto, Szabo, Finney and Buterin.

“We’re trying to bridge the gap between modern-day wagering and blockchain,” said Unikrn CEO Rahul Sood (Creator Microsoft Ventures).

Sood’s esports platform is partnering with horse racing game ZED RUN to bring horse betting to the ethereum blockchain. The game relies on the non-fungible token (NFT) standard first made famous by Dapper Labs’ CryptoKitties.

The horses are purchasable on ZED and tradeable on Unikrn’s platform with each piece of data tracked via ethereum’s ERC-721 standard. Only 38,000 horses will ever be created on ZED – although users can breed horses from their own stables.

In fact, one ZED stallion sold for 50 ether, according to Sood, worth about $11,000 depending on market conditions. The first race is set to debut in two or three weeks, Sood said.

PLACE YOUR BETS

Gambling is hardly new to blockchains. Tron, popular in Asian speculation circles, facilitated $1.6 billion in dapp volume in Q1 2019 with 64 percent of applications attributed to gambling (including a now-defunct dog-racing dapp). According to DappRadar, casino games dominate the gambling dapp sector in terms of usage.

Traditional horse racing is dominated by an older crowd who share a love for the track but have poor gambling platforms, Sood said. Unikrn thinks it can combine two audiences – esports fans and horse bettors – onto one platform.