zkRace is a blockchain-based gaming platform that merges real-life horse racing with virtual gaming experiences. It utilizes zk-rollup Validium technology to achieve scalability and lower transaction fees. The platform incorporates various elements like managing hippodromes, hosting races, and trading NFT horses. It is represented by the ZERC token, which facilitates in-game transactions and broader platform operations.
zkRace operates on Ethereum's Layer 2 using zk-rollup Validium technology. This approach involves processing transactions off-chain and confirming them on-chain using cryptographic proofs, like Zero-Knowledge Proofs (ZKPs) and SNARKs. This ensures that transactions remain secure, scalable, and cost-effective. Smart contracts on Ethereum manage the game's integrity, state changes, and data storage, enhancing the gaming experience by reducing gas fees and improving scalability.
The platform's primary use cases lie in web3 gaming and GameFi projects. zkRace offers a scalable infrastructure for NFT horse racing games, allowing users to engage in activities like racing, breeding, and trading NFT horses. The technology's scalability and cross-chain compatibility make it suitable for other GameFi projects, serving as an efficient medium for gas fees and enhancing token accessibility through integrations with payment gateways and bridging services.
zkRace was founded by Adomas Juodišius and Adelaida Sinkevič, who have backgrounds in digital marketing and high-profile startups, respectively. The platform was initially launched through an IDO on July 16, 2021. Since its beta launch on December 28, 2021, zkRace has undergone significant milestones, including rebranding from DeRace, integration with the Base Network, and transitioning to zk-rollup Validium technology. These developments have proliferated its market presence through strategic partnerships and expanded operational integrations.
The zkRace Token price is $0.16863718 AUD, representing a -2.6% from the day prior.
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The trading volume of zkRace Token (ZERC) is $407.5K AUD in the last 24hrs, representing a -2.6% from the day prior.
zkRace Token (ZERC) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of zkRace Token (ZERC) is $60.5M AUD.
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The current circulating supply of zkRace Token (ZERC) is 120.0M.
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