Game of Silks has secured $2 million to speed up the creation of its metaverse, which is modelled after the real-world thoroughbred horse racing industry.
Game of Silks is the first-ever play-to-earn (P2E) metaverse that has incorporated derivative NFTs. Tropical Racing Inc is among the companies providing funding as well as strategic support to the Game of Silks metaverse initiative. Tropical Racing Inc is a thoroughbred horse breeding and racing organisation led by Game of Silks co-founder Troy Levy.
Thoroughbred racehorse based metaverse by Game of Silks
Using Web3 technology, the play-to-earn (P2E) method, and real-world data, Game of Silks aims to offer thoroughbred racehorse ownership to the people. It will digitally replicate and tokenize the best one-year-old thoroughbred real-world horses registered in the USA. Then it will auction them as Silk NFTs in a blockchain-enabled metaverse.
Customers of the Silks ecosystem will be able to own, exchange, and communicate with Silks Avatars, Land, Stables, and a range of other in-game NFTs in addition to Silks’ Horse NFTs.
Troy Levy who is CEO of Tropical Racing Inc and co-founder of Game of Silks said the following on recent developments:
“The agreement with Game of Silks announced today offers Tropical Racing and our partners a once-in-a-lifetime chance. We hope that this partnership will help Tropical expand while also introducing the thoroughbred horse racing industry to a new generation of sports lovers.”
On April 27th, Silks will unveil its first NFT offer, the Silks Genesis Avatar Collection. These Silk NFTs symbolise a user’s distinct character and ownership of in-game assets. While other P2E games may make as many NFTs as they want, the total number of Silk NFTs is restricted by the number of horses born in the real world, making them extremely rare.
Read More:
