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Home Knowledge

What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022

March 15, 2022
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Manchester City FC partners with Animoca Brands Quidd to launch a new NFT collection

OpenSea launches a new web3 marketplace protocol called ‘Seaport’ with many significant improvements

Welcome to DeFiHorse, a new concept in horse racing and breeding. As the use of cryptocurrency grows year after year, businesses all around the world are developing and incorporating this cutting-edge technology into their operations. The team has done some Market Research on Esport Audience Growth and discovered that the Asia Pacific market accounts for 52% of the pie market Game Online.

Another aspect of blockchain that has been blown up recently is NFTs. While the market size of NFTs is still quite small as the secondary trading volume is at 2-3 million USD, the technology used in NFTs is expected to bring about new changes to not only the collectibles industry but also the blockchain world in upcoming NFTs are another feature of blockchain that has lately gained popularity. While the market for NFTs is still fairly small, with secondary trade volumes of only 2-3 million USD, the technology utilized in NFTs is projected to bring about significant improvements to not only the collectibles business but also the blockchain world in the next years.

Those are reasons why the Team of this project decided to come up with a fascinating idea is to combine two major trends at the moment: NFTs and video games. This combination has created something truly unique.

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What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 30
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What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 31

What is DeFiHorse?

DefiHorse is a blockchain-based horse racing environment in which users can earn tokens by battling for their horse and contributing to the ecosystem. Players can use DFH, the platform’s utility token, to compete, gather, grow, and breed their horses, as well as monetize their gaming experiences on the Binance Smart Chain.

NFT in-game is a game-changing concept that is revolutionizing the gaming industry as a new approach to operate and monitor the in-game economy. Third parties can simply review all NFT assets and DefiHouse genetic data, allowing community developers to create their own tools and experiences in the DeFiHorse World.

Outstanding Features

What is the project trying to achieve?

The DefiHorse team’s objective is to develop a world in which people may play, share, trade, and breed their own horses without relying on centralized authority. The team’s objective is to entirely disclose the Defihorse so that gamers may enjoy safe copyright ownership while earning NFT.

These advances, according to the DeFiHorse team, are critical. Every year, the industry has grown substantially since its inception. However, there are several issues that cannot be addressed, such as:

  • The centralization of players’ own material in all previous game releases restricts rights and ownership.
  • Centralizing control over virtual asset trading is a big issue since it prevents players/owners from receiving a fair value for their creations and assets.
  • Existing game marketplaces are built on in-game and real-world fiat, both of which have several issues such as credit card fraud, money hacking, thievery, inflation, and so on. These issues may significantly destabilize in-game economy and create poor experiences for players.

By addressing these problems, DeFiHorse can help to enhance future growth.

What are unique selling points?

Horse-racing

All unraced racehorses start off as Faunus racehorses. Each unraced racehorse will be assigned a basic rating based on its Genotype, as stated below:

GenotypeBase Rating
G1 to G363
G4 to G652
G7 to G930
G1017

The aim for this is to combine racehorses with similar talents following their first Faunus race. The base grade will be applied to all racehorses in the ecosystem, including existing racehorses.

It is critical to understand that the Faunus Class serves as an entry point or a grading race to see how your racehorse performs. All unraced racehorses will be classified as Faunus Class. Faunus Class racehorses can only compete in Faunus Class races.

After competing in a Faunus Class race, your racehorse will be transferred to Class 2, Class 3, Class 4, or Class 5 based on its performance in the first race.

Racecourse

Horseverse

At a later stage of the road map, Defihorse will dive into the deep digital world of the metaverse. Horseverse will be integrated with the metaverse gaming platforms like Decentraland, Sandbox, etc

Players can own their racing courses to invite friends or other players on metaverse to join in the game. Or you can bring your horses to other platforms and interact, meet up with other users.

Horseverse
What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 32

Digital Economic Ecosystem

DeFiHorse can be monetized in various ways:

  • NFT asset sales – There will be periodical drops in the DefiHorse platform where participants can acquire assets like as horses and racecourses.
  • They would charge a small fee on all platform transactions: NFT horse sales, racing, breeding, and so on
Digital Economic Ecosystem
What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 33

Fee structure

Fees are applied on the platform for every transaction. The amount of the fee is determined by the type of transaction.

TransactionFee
NFT horses sales4.25%
NFT horse breeding15-30% total Stub Fee
Participating in the race2% of entry fee

Stub fee = Base Price x {[Bloodline Weighting x 80%] + [Breed Type Weighting x 20%]} x Breeding With Your Own Stable Discount (if applicable)

Cyberpunk Style

Cyberpunk is a science fiction subgenre set in a dystopian future that focuses on a “combination of lowlife and high tech”, and the Project’s Art Team was inspired by it while designing the look of in-game Racehorses.

CHAOS 1
The Chaos
POSEIDON 1
The Poseidon
HEROIC 1
The Heroic
TITAN 1
The Titan

Getting Started with the Game

How to play?

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What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 34
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What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 35

NFT RaceHorses

Bloodline

There are four (4) bloodlines within DefiHorse: Chaos, Titan, Poseidon, and Heroic. Each bloodline has unique characteristics that influence how a racehorse’s ability is calculated throughout the birthing (minting) process.

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What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 36

From the start, bloodline is the most essential aspect in determining a racehorse’s overall ability rating. The more sought-after a lineage is, the more likely your racehorse(s) will have consistent success and performances on the racetrack.

Rare bloodlines, such as the Chaos, will be more expensive to breed than the more common Poseidon and Heroic bloodlines in order to protect the worth of bloodlines.

Bloodlines will account for a significant percentage of the overall weighting component when calculating the minimum breeding price. The bloodline of your male racehorse will effectively play a key influence in determining the minimal breeding price that you can set.

Gender

In DefiHorse, male and female horses are available, each with one of two characteristics: having offspring or not having progeny.

  • A Colt is a male horse that has not yet given birth to any children
  • A Filly is a female horse that has not yet given birth to any offspring.
  • A Mare is a female horse that has given birth to children
  • A Stallion is a male horse that has given birth to progeny.

Female horses command a somewhat higher premium because you get to keep the progeny when the horse breeds. Each newly born baby’s gender will be selected at random.

Genotype

The number reflecting how far down the lineage (or family tree) a racehorse is from its original progenitors is referred to as its genotype.

For example, Z1 is the most unusual and has the highest probability of producing a top-performing racehorse (s). The higher the genotype (or G number), the less likely the racehorse will be a strong racer. Z268 is the maximum genotype.

When breeding two thoroughbreds together, the new genotype is calculated as follows:
Z XXX of stallion + Z XXX of mare

For example, if a racehorse with genotype G12 mates with a racehorse with genotype G35, the offspring will have genotype 47 (12 + 35).

A DefiHorse racehorse with the genotype G1 cannot be bred. The lowest potential offspring genotype is a G2, which occurs only when two racehorses with G1 genotypes breed together.

Breeds Type

Breed Type is a classification method that is used to help identify genotypes. Ascended, Mythic, Legendary, Elite, Evolution, and Popular are the six (6) breed types in total.

All Ascended racehorses issued early (G1 to G10) are the purest breed and cannot be replicated. DefiHorse sells the Ascended racehorse breed, which is useful in determining a racehorse’s racing ability.

The more like your racehorse’s breed type is to the Ascended breed, the greater your racehorse’s racing ability. Breeding with top-tier breed types will, of course, result in a greater minimum breeding charge.

Breed types contribute to a significant percentage of the total weighted when calculating the minimum breeding price.

As with bloodlines, the breed type of your male racehorse will play a factor in determining the lowest breeding price that you can set.

Breeds Type
What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 37

Coat Color

While coat colors do not impact performance, coat colors are highly valued by players and have been carefully considered in the breeding process. Several features of breeding allow players to optimize the coat color outcome for new progeny. These are some examples:

  • ​Coat color breeding formula
  • ​​Coat color groups and rarity tiers

Coat Color Breeding Formula

When it comes to racehorse collectibility in Defihorse, coat color is really important. Every newborn progeny in Defihorse is assigned a coat color. The complexity of this procedure is determined by the following equation:

Breeding Pairs (bp) x Breeding Rarity (br)
= Offspring Coat Colour

The section that follows goes into greater detail on the definitions and examples of Breeding Pairs (bp) and Breeding Rarity (be).

NOTE: Each offspring’s specific gender outcome is generated at random.

Coat Color Groups

The varied group classifications allow each player to determine the distinctiveness of a racehorse’s coat color. The table below categorizes colors according to Coat Color Groups and Rarity Tiers.

Coat Colour Groups Defihorse
What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 38

NOTE: Coat color rarity is defined as the expected number of Chaos Z1 Genesis racehorses with that specific coat color.

To avoid confusion, they define a color group as all color types inside a group. They also refer to coat color boxes, which are just the coat colors inside a rarity tier group.

NFT Racehorses Breeding

Only male racehorses (colts or stallions) are permitted to stay in the Stud Farm for 7 days. Once your racehorse is in Stud Farm, it cannot be withdrawn until the breeding season is through.

You have the option of determining your own breeding price as the owner of a male racehorse. If a female racehorse (such as a filly or mare) decides to breed with your male racehorse, the male racehorse retains the stud fee while the female racehorse receives the progeny.

Stud Farm and Fee Structure

If a male racehorse stays in the Stud Farm for a longer amount of time, the stable owner will receive a higher percentage of the payments. The majority of the breeding fees, as shown in the table below, go back into the community prize pools for DefiHorse’s free races and big events. As stated below:

Time in Stub1 Day2 Days7 Days
Stub Owner40%48%56%
Prize Pool45%37%29%
Platform Fee15%15%15%

Fees collected when breeding with your own stable are distributed as follows:

DistributionPercentage
Public Prize Pool70%
Platform Fee30%

NFT Marketplace

NFTs can be purchased and traded both in-game and on any NFT marketplace. The owner has full control over their NFT horses and DefiHorse Tokens, which are stored in a separate wallet. In both cases, the payer can choose between randomly generated horses and race-bred horses. The horses could be sold at a set price or at auction.

  • When a user purchases a horse from the marketplace for a fixed amount, DefiHorse Tokens are deducted from their wallet. NFT horses are included in their budget.
  • If the user paid a specified price for a horse from another user. The ownership of the NFT horse is transferred to the buyer’s wallet. The vendor receives the DefiHorse Tokens.

All in-game assets are represented by money or cryptocurrency. All transactions are conducted in DefiHorse Tokens, ensuring a stable token supply.

NFT Marketplace
What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 39

Race Performance Indicators (RPI)

Speculate on your racehorse’s performance using these key signs to predict how your horse will do in its upcoming race.

  • Fatigue Level
  • Race Performance
Race Performance Indicators (RPI)
What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 40

Tap To Earn

During the race, players can interact in real-time to assist the horse in changing speed to better the end outcome, adding a sense of interest to the game.

The team is working on more information about this. We will update right away when we have official news.

Tap To Earn
What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 41

Roadmap

Roadmap DefiHorse
What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 42
Roadmap DefiHorse
What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 43

Technical Data

Key Metrics

  • Token Name: DeFiHorse
  • Ticker: $DFH
  • Blockchain: Binance Smart Chain
  • Token Standard: BEP20
  • Contract: TBA
  • Token Type: Ultility
  • Total Supply: 668,000,000 DFH
  • Circulating Supply: TBA

Token Allocation

Token Allocation Defi Horse
What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 44

Token Sale

0049 2

Token Release Schedule

Token Release Schedule Defi Horse
What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 45

Token Use Case

The $DFH token is a fungible cryptographic token built on the Binance Smart Chain. A fungible token is one that may be traded for other tokens of the same type, resulting in one DFH token having the same value and qualities as any other single DFH token.

DeFiHorse provides the first reference for how the $DFH Token can be used in the ecosystem, with each additional supporting title adding value and utility to the broader DFH ecosystem and the token itself.

UtilityDescription
NFT PurchasesDFH will be used as a means to purchase exclusive racehorse NFTs. The number of NFTs made available for purchase will be proportional to the amount of DFH in circulation.
Gameplay Entry FeesFor all gameplay modes, players pay DFH as an admission fee.
Gameplay RewardsA percentage of the gameplay costs collected in each race will be utilized as player awards, which will be distributed to participating players depending on their race performance. A percentage of the gaming charge will also be distributed as dividends to the track’s owners.
StakingOwners of racehorse NFTs can “stake” them to earn DFH, with the amount determined by the rarity and value of the NFT, as well as the duration of the staking period. Players may also stake DFH and get extra DFH dividends as well as NFTs in exchange.

How to own the token?

There are many different ways to earn in DeFiHorse, and here are some:

Top-notch Racehorses

Defihorse was designed to be a realistic simulation of horse racing. There is an element of unpredictability when breeding two racehorses together. Top-notch racehorses can be produced by non-Genesis racehorses.

If you wish to breed top-tier racehorses, you must thoroughly investigate all available information on the racehorses you intend to mate with, paying special attention to:

  • DNA profile
  • Racetrack Performance History.

Each foal is born with a distinct DNA profile (bloodline, genotype, breed type, and coat color), as well as a unique set of abilities and qualities inherited from its parents. The chance for you to increase the market value of your racehorses in Stud Farm is to get your horses to breed offspring and be the winner of the race.

Earn a Genuine Profit

Another technique to generate a yield is through breeding. If your racehorses are highly sought after due to rarity or established winning track histories, for example, your racehorses will be in great demand for breeding.

Remember that the more desirable the bloodline, the higher the breeding price you may command at the Stud Farm.

Exclusive NFT

Through breeding, your NFT racehorse can produce more NFT racehorses. Each time a foal is born, a new token is created to represent your new foal’s DNA profile (bloodline, genotype, breed type, and coat color)

You can add to your stable’s legacy by increasing your holdings of special, utility-based NFTs. Give your new foal a distinctive name to increase its worth. The appropriate name can increase collectability, but keep in mind that you can only name your racehorse once, so select wisely!

Renting NFTs

Racehorse NFT owners to lend their NFTs to total strangers for a predetermined period of time and price, with the confidence that their asset.

In the meantime, some Gaming Guilds have contacted Defihorse to buy NFTs and create Defihorse Racing Guild. That’s let our users have more opportunities to earn some passive income.

Lenders can transmit the Horserace NFTs they want to rent to a smart contract after selecting the daily rental fee and maximum rental period. Borrowers then specify how long they want to “own” the NFT, paying the rental fee plus a collateral amount equal to the NFT’s purchase price, which they receive back once the NFT is returned.

Markets and Community

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What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 46
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What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 47
0039
What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 48

Backers

Team

0050
What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 49
0051
What is DeFiHorse ($DFH)? An exciting futuristic Horse Racing NFT Game is coming soon this 2022 50

Developers

Developers DefiHorse

Partners

Partners DefiHorse

Conclusion

We’ve witnessed the power of play-to-earn with Axie Infinity. And it won’t be the only game that allows players to earn money on the side in the coming years. Given the similarities in the economic concepts, DeFiHorse could have similar success. But, DeFiHorse appears to be the superior player in terms of gameplay. Players will stay involved for a longer period of time as there is more interaction, allowing the network to grow much faster.

However, after the game is out, it is safe to save our comments. You must play the game firsthand if you want to witness a new type of gaming experience. The metaverse version would be the most fascinating. What would it be better if you can own a racing course and invite your friends to have a great game night on weekends?

Stay with us for more information about the project! We will deliver to you ASAP.

Find more information about DeFiHorse

Website: https://defihorse.com/

Facebook: https://www.facebook.com/DeFiHorse/

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

DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.

KAZ

Coincu Ventures

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Tags: coincuventureendefihorseMetaverseNFT
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Contents

  • What is DeFiHorse?
  • Outstanding Features
    • What is the project trying to achieve?
    • What are unique selling points?
  • Getting Started with the Game
    • How to play?
    • NFT RaceHorses
    • NFT Racehorses Breeding
    • NFT Marketplace
    • Race Performance Indicators (RPI)
    • Tap To Earn
    • Roadmap
  • Technical Data
    • Key Metrics
    • Token Allocation
    • Token Sale
    • Token Release Schedule
    • Token Use Case
    • How to own the token?
  • Markets and Community
  • Backers
    • Team
    • Developers
    • Partners
  • Conclusion
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