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Home Knowledge

What is Oly Sport ($OLY )? The world’s first horse racing metaverse game

November 30, 2021
in Knowledge, IDO Events
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Ethereum Weekly Recap | May 09 – May 15, 2022

Square Enix plans to issue tokens, in partnership with Animoca Brands

There is a metaverse game in the world that gives players the opportunity to own real-life real estate and many other ways of making money. It’s Oly Sport, where players can buy, breed, sell NFT horses or participate in races or own a racetrack for profit. Read the article completely to understand more about it.

Concept project – What is Oly Sport?

Oly Sport begins the era of NFT Horse Racing is an online horse racing game platform using non-fungible tokens (NFTs) as in-game assets and blockchain backed tokens as currency. We have our own currency and government. With a combination of blockchain, horse racing and real estate, Oly Sport is building a metaverse world that revolutionizes gaming, unifies the financial markets and changes the idea of land ownership — all in one game.

1

Outstanding features

What is the project trying to achieve?

OLY SPORT will transport player into the future where virtual horse racing has become the biggest sport in the world

Oly Sport sets the goal to build a strong community along with a versatile ecosystem that helps investors/players grow and earn profit from it – while guaranteeing the highest level of cyber-security.

  • There is a virtual horse farm in game for raising horses and a racecourse to hold races. For owning a virtual horse farm/racecourse, you will be rewarded with real estate in real life. This sets the unique standard for Oly Sport’s Metaverse
  • Your investment becomes more valuable over time. That’s the power of NFT – both in game and in real life: If ingame token’s price drops, your land in real life still has the potential to rise. If both of them rise, not so long till you become a millionaire!
  • From the beginning, Oly Sport was built as an Esport. That means the game itself has a very stable structure and is extremely enjoyable – also long-lasting. Oly Sport does not allow betting, so basically you will be able to access from anywhere in the world.
  • Horse racing is an aristocratic, pompous game. Horses are an animal close to humans, so playing the game can show the aristocratic hobby.
  • A purebred horse in real life can cost you like millions. Oly Sport allows you to own unique horses just like in real life, but for a much cheaper price!
  • Transparent information, clear mechanism, diversified earning

What is unique selling point?

NFT horses

  • The NFT horses exist only as virtual assets and have their own unique DNA.
  • The horses have a bloodline and a life of their own. They have genes to pass on, so that means they can be bred. These horses work based on an algorithm, so no two horses are the same.
  • The player can breed new horses from male and female horses.

Horse Breeding

  • The player can breed new horses from male and female horses.
  • The breeding process gets conducted by a complex Genetic Algorithm (GA) that takes parts of the parents’ DNA and passes it on to the new horse.

NFT Horse Market place

  • As with real horses, the bloodline and performance of these NFT horses determine their value, and there is an actual open market in which they can be traded.

Racecourse

  • The player can participate in the 12-horse races. Three top winners will take the prize pool.
  • The player can build their racecourse to host events for their friends to enter.

Horse Racing

  • All race outcomes are determined by a dynamic algorithm to ensure races are exciting, fair and of course, unpredictable.
  • The more horse races, the higher the chance that they will win in the future.

Esport Racing

  • The system uses an algorithm to calculate results based on RNG and is completely transparent.

RoadMap

2

Technical data

Key metrics 

  • Token name: Oly Sport Token
  • Ticker: OLY
  • Blockchain: Binance Smart Chain (BSC)
  • Token standard: BEP-20
  • Contract: 0x74c1815474a75dcb366223107cde1bba4a1a7296
  • Token type: Governance
  • Total supply:  500.000.000
  • Circulating supply: Updating…

Token allocation

  • 3
  • 4

Token use case

OLY is the governance token of OlySport Metaverse and plays a major role in the game.

Token sale

5 1
What is Oly Sport ($OLY )? The world's first horse racing metaverse game 11

The $OLY tokens will have its initial DEX offering on BSCStation on the 2nd of November.

$OLY IGO on @GameFi_Official on November 6th

IDO details

  • IDO launch date: 2nd November, 2021 on BSCStaion
  • IDO launch date: 6th November, 2021 on GameFi
  • Ticker: OLY
  • Total supply: 500,000,000
  • Initial Market cap: TBA
  • Price per $OLY: $0.06
  • Total Raise on BSC Station Launchpad: TBA
  • Swap currency: BUSD
  • Vesting time: 25% at TGE, 1 month Cliff, then daily linear vesting in the next 3 months

IDO Timeline

  • Staking Eligibility for IDO allocation Deadline: 9AM, November 1 (UTC)
  • Community Round whitelist start: 3PM, October 19 (UTC)
  • Community Round whitelist finishes: 2PM, October 30 (UTC)
  • Community Round whitelist winner announced: 2PM, November 1 (UTC)
  • BSCS Round JOIN POOL Opens: 4AM, November 2 (UTC)
  • BSCS Round JOIN POOL Closes: 2PM, November 2 (UTC)
  • Community Round JOIN POOL Opens: 4AM, November 2 (UTC)
  • Community Round JOIN POOL Closes: 2PM, November 2 (UTC)
  • Listing date/time: 11:00 a.m UTC, November 11
  • Token Claim: 30 mins after listing
  • Vesting time: 25% at TGE, lock for 1 month, then daily linear vesting in the next 3 months
  • IGO date: Saturday, November 6, 2021
  • Buying time Phase 1 (Guaranteed allocation): 12:30 p.m UTC — 01:30 p.m UTC
  • Buying time Phase 2 (FCFS): 01:30 p.m UTC — 01:45 p.m UTC

How to own the token?

Buy OLY Token at IDO on BSCSstation Launchpad on 11/2/2021.

To be eligible for $OLY IGO on GameFi on 6th November, please complete the following steps:

  • Step 1: Register a GameFi account at https://hub.gamefi.org/ and visit My Account to complete the KYC.
  • Step 2: Stake $GAFI at https://hub.gamefi.org/#/staking-pools
  • See detailed guide for $GAFI Staking HERE
  • Step 3: Join the $OLY IGO Pool, then apply Whitelist.

Markets and Community

Community

Oly Sport has crossed the mark of 43,000 Followers on Twitter.

6

Backers

Team/ Founders

7

Partners

8

Advisor

  • 9
  • 10 1

Conclusion and analysis

Oly Sport is the leading professional horse racing game on the Blockchain platform. The game not only brings a completely new experience but also helps players to own precious horse breeds with high economic value. Oly Sport is the ultimate solution that fully combines blockchain, gaming, and horse racing with real-life rewards.

Find more information about Oly Sport:

Website: https://www.olysport.io/

Telegram: https://t.me/OlysportOfficialGroup

Twitter: https://twitter.com/oly_sport

If you have any questions, comments, suggestions, or ideas about the project, please email [email protected].

Elise

Coincu research

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With the NFT horse racing games’ breakthrough in the blockchain market recently, which game will be the next hottest in early 2022?

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Contents

  • Concept project – What is Oly Sport?
  • Outstanding features
    • What is the project trying to achieve?
    • What is unique selling point?
    • RoadMap
  • Technical data
    • Key metrics 
    • Token allocation
    • Token use case
    • Token sale
    • How to own the token?
  • Markets and Community
    • Community
  • Backers
    • Team/ Founders
    • Partners
    • Advisor
  • Conclusion and analysis
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