9/13/2023 0 Comments Zed run marketplace![]() Racehorses will remain locked within a Lending smart contract, allowing Borrowers only the ability to race it in free or paid races, but never to breed or sell. Entering The MarketplaceĪccording to Beta ZED, entering racehorses into the Lending Marketplace features a trustless smart contract process that allows you to lend your horses to other players through a secure transfer of control.Ī third-party company will hold ownership of a racehorse that has entered the lending marketplace through the smart contract. Any lender can withdraw their racehorse from the marketplace at any time, but only if that horse isn’t on loan. Eventually, lenders will select a specific borrower, custom lending periods, and prize split rates. In this first round of the release, lenders won’t be able to choose which player borrows their racehorses however, this feature is also set to change in the future. Lending Permits are non-tradeable, zero-value units of measurement and represent the maximum quantity of racehorses a stable can lend out. Until recently, ZED RUN used Polygon ETH as its currency. These tokens are the in-game cryptocurrency and are fungible tokens that will become the primary utility and in-game currency. Firstly, they will need to: Acquire A Permitįor lenders to loan out their horses, they’ll need to stock up on ZED Tokens and acquire a Lending Permit. This peer-to-peer lending mechanism offers current and new users the ability to enjoy free gameplay, in-game experiences, and access to platform rewards and events.Īccording to the ZED RUN website, players must understand the mechanisms behind the lending marketplace before taking advantage of its features. Racers can earn more from their stable by loaning new players their steeds, and new players can borrow and play. All horses will feature a 50/50 rewards system, and lending will require a permit. New players, or players who don’t want to invest, can play for free by borrowing horses from paid-up and experienced players. The benefits of a ZED RUN lending marketplace are twofold. “It’s time to put your inactive racehorses to work” – ZED RUN Players can race without paying to play by purchasing existing horses from current players.Īnd this is why the lending marketplace is an exciting development. The more a player races and breeds a horse, the more valuable their horse becomes. Just as breeders choose attributes in horses meant to compete at the Melbourne Cup or Grand National, horses in the metaverse have impressive statistics and are defined by their bloodline, genotype, and racetrack performance e. The game reflects real-life scenarios so users can experience the same benefits as owning real-world thoroughbreds through blockchain and cryptocurrency technologies. Races come together from all over the world 24 hours a day, seven days a week. ZED RUN is a digital horse racing game in which users can own, breed, and race other players. Race The World Race players from all over the world. The development will enable players to lend their horses to others and earn from their successes.Īn exhilarating digital horse racing game based in the metaverse, the latest development from Virtually Human Studio is a soon-to-open lending marketplace.īut how will free and paid players gain from this newest evolution of ZED RUN? ![]() Leading NFT horse racing blockchain game ZED RUN will launch a lending marketplace.
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