Growth of Zed: The attention that Zed has received has made it even harder for users to buy one of the limited number of horses that are sold as “drops.” The last drop on March 19 sold out 500 racehorses in less than three hours. See also: What is a Non-Fungible Token (NFT)? Users can also earn Ethereum for stud fees during the breeding process. Horses are unique with different bloodlines, genotypes and breed types, which are important factors in a horse’s performance in a race. Zed encourages users to buy the horses through the OpenSea platform, a popular marketplace for NFTs.īreeding is another way to obtain new horses. The marketplace also gives users the ability to buy and sell horses already purchased through the company’s platform. Users need to remember their digital wallet password to maintain ownership of their Zed horses.Ībout the Horses: The first generation of Zed Run horses called Genesis are limited to 38,000 horses representing the Z1 to Z68 genotypes.ĭigital horses on Zed can be bought from the company in limited-time “drops" and are often done in batches of 500 digital horses. Zed Run uses Meta Mask, a company that uses a cryptocurrency wallet to interact with the Ethereum blockchain. The horses are ERC-721 NFTs, a token standard used for most NFTs to make the tokens unique. Using Cryptocurrency: Zed Run digital horses are part of a blockchain platform where users own their assets.Įthereum ETH/USD and a digital wallet are needed to purchase horses on Zed. Related Link: Topps Sells Out MLB NFTs In 70 Minutes Zed is big on community involvement with active Discord and Twitch channels, Clubhouse events and links to guides and data sources created by users. “Never in our wildest dreams did we think that we would build a passionate community wanting to see the ZED ecosystem grow and ultimately succeed,” the company said. The platform was built by a couple of guys in their bedroom, according to the company. The mission of Zed is to provide digital assets that not only hold value but can be used in races and through breeding to provide additional earnings. What is Zed Run: Zed is a horse racing game that offers users the chance to build a stable through buying, selling and breeding digital racehorses. Now, even horse racing is getting involved. A growing player in the space is Zed Run, a digital racehorse platform seeing strong growth. The rise of NFTs has expanded from digital art to sports collectibles such as digital trading cards and NBA Top Shot moments.
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