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DeRace Price (DERC)
$0.297711
2.73%
DeRace Price Chart (DERC/USD)
Last updated 22 Jun 2022, 09:10AM UTC. Currency in USD.
Markets
| # | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
|---|---|---|---|---|---|---|
| 1 |
 LBank |
DERC / USDT | $0.29695800 | 0.77% | $172,963 | |
| 2 |
 LATOKEN |
DERC / USDT | $0.15449900 | 0.50% | $128,229 | |
| 3 |
 Gate.io |
DERC / USDT | $0.21775300 | 0.09% | $126,679 | |
| 4 |
 Bitget |
DERC / USDT | $0.13378300 | 0.43% | $36,318 | |
| 5 |
 MEXC Global |
DERC / USDT | $0.13430300 | 0.75% | $10,496 | |
| 6 |
 Crypto.com Exchange |
DERC / USDC | $0.18475300 | 3.74% | $8,525 | |
| 7 |
Crypto.com Exchange |
DERC / USD | $0.18568000 | 0.87% | $6,653 | |
| 8 |
 KuCoin |
DERC / USDT | $0.13442500 | 0.52% | $4,775 | |
| 9 |
 BKEX |
DERC / USDT | $0.13428300 | 0.50% | $4,544 | |
| 10 |
Crypto.com Exchange |
DERC / USDT | $0.14963900 | 0.09% | $3,861 | |
| 11 |
 CoinEx |
DERC / USDT | $0.13743100 | 1.98% | $2,981 | |
| 12 |
 Bilaxy |
DERC / USDT | $0.14645000 | 1.86% | $10,747 | |
| 13 |
 Hoo.com |
DERC / USDT | $0.30921700 | 0.03% | $3,889 | |
| 14 |
 Bitrue |
DERC / USDT | $0.46034900 | 76.01% | $349 |
DERC Price Statistics
- DeRace Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $1,865,834
- Market Cap Rank #790
- Market Cap $10,924,936
- Volume / Market Cap 0.1708
-
All-Time High
$8 -96.36%
Nov 26, 2021 -
All-Time Low
$0 9.00%
Jun 18, 2022
DeRace Cryptocurrency: An Introduction
What is DeRace?
DeRace is an innovative cryptocurrency that aims to revolutionize the world of horse racing. It combines blockchain technology with the exciting realm of equestrian sports, providing a unique and transparent platform for horse racing enthusiasts.
The Concept Behind DeRace
DeRace brings together blockchain technology, non-fungible tokens (NFTs), and decentralized finance (DeFi) to create a decentralized ecosystem for horse racing. It allows users to buy, sell, breed, and race digital horses using its native cryptocurrency, DeRace (DERA).
How Does DeRace Work?
DeRace operates on the Ethereum blockchain, leveraging smart contracts to ensure a secure and transparent platform for users. Through the use of NFTs, each digital horse is unique, owned by a specific individual, and verifiable on the blockchain. Users can buy and sell these horses, breeding them to create new offspring.
The horses' characteristics, such as speed, stamina, and abilities, are determined by their attributes, which are also stored on the blockchain. These attributes contribute to their performance in races and their overall value in the market.
DeRace Racing: The Future of Equestrian Competitions
One of the most exciting aspects of DeRace is its virtual racing feature. Users can train and enter their digital horses into races, which take place in a virtual environment powered by advanced algorithms. The performance of each horse is determined by various factors such as their attributes, training, and jockey skills.
The outcome of the race is based on a fair and unbiased algorithm, ensuring fairness for all participants. Winners of these races are rewarded with DERA tokens, encouraging active participation in the DeRace ecosystem.
Benefits of DeRace
DeRace offers numerous benefits to both horse racing enthusiasts and cryptocurrency investors:
- Accessibility: DeRace enables individuals from all around the world to engage with horse racing, regardless of their location or financial status.
- Transparency: All transactions and horse records are securely stored on the blockchain, providing full transparency and traceability.
- Investment Opportunities: Users have the opportunity to earn DERA tokens through racing, breeding, and buying/selling digital horses, creating new investment avenues.
- Community and Social Interaction: DeRace fosters a vibrant community of horse racing enthusiasts, promoting interaction and competition among participants.
Conclusion
DeRace is revolutionizing the horse racing industry by integrating blockchain technology and NFTs into the sport. Through its decentralized ecosystem, it provides a transparent and accessible platform for individuals to engage with the thrilling world of digital horse racing. With its virtual racing feature and various investment opportunities, DeRace offers a unique experience for both horse racing enthusiasts and cryptocurrency investors.
Embrace the future of equestrian competitions with DeRace - the cryptocurrency that's reinventing the race!