NFT's Benefit on Real-Life Horse Racing
Share this article
An editor at Coincrop
03 Nov 2022 | 2 min read
t its core, Omnihorse is a web3 project that revolves around privately-owned thoroughbred racehorses in the real world.
The way they work is: after an Omnihorse NFTs are minted, their value is based on a physical racehorse. There are different horses with various ratings depending on stats, breeding and performance.
These exceptional horses are hand-selected by the Amo Racing team, one of the leading horse racing facilities in all of Great Britain.
NFTs are valued based on each thoroughbred's value, rather than the user's hype. This means that it does not fluctuate; as the thoroughbreds race over time, NFT values will gradually increase.
As the owner of an Omnihorse NFT, you are also granted VIP access to major racing events around the globe.
The Omnihorse team is pleased to announce their biggest update yet: the horsepower mining program. With this new feature, users can now stake their NFTs and start auto-mining. This year, whenever a real-life thoroughbred wins a race, the corresponding NFTs will accelerate to mine, providing more benefits for the NFT owners. Get started today and join in on the fun!
Omnihorse has so far minted 4 Private Jockey Clubs and currently has 7 more open for minting. For further details, go to Omnihorse.io.
ChrisAn editor at Coincrop
Chris is a Coincrop staff writer based in the UK, covering the best rates for cryptocurrency earning and borrowing products. When not at work, he's likely assembling lego models.
CoinLoan combine the best of traditional and novel finance helping you borrow, swap and grow your assets.
Compare over 47,195 CeFi and DeFi products across more than 224 organizations here