A Glimpse into The World of NFT Horse Racing

NFT horse racing started by taking a betting sport and integrating it with blockchain characteristics.

Horse racing is a popular sport in non-digital realm. The market size of the sport is expected to reach $5.4 billion in 2022. In-game NFT horses are being developed. Web3 gaming genre has been the talk of crypto world for the past few years.

NFT Horse Racing is a digital game that rewards owners for their horses' performance. Players can pit their NFT horses against other players and earn money. They can also sell, breed or pit horses.

Unlike real-life racing, digital horses can be bred to create a special NFT horse. Players can pit their NFS against 11 other horses to win rewards. Different bloodlines exist within the game, with rarer steeds being more valuable. Pegaxy features a futuristic, brightly colored mechanical horses.

The NFT horse racing genre enjoyed the Web3 spotlight for a time. It has received criticism for their unsustainable “play-to-earn” economy and their lack of fun gameplay.