Crypto Enthusiasts Buy (And Race) Digital NFT Horses In Zed Run

0

Last Updated on 23 April 2021 by CryptoTips.eu

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / jeroen@cryptotips.eu
View all posts

Just when you thought they couldn’t come up with anything crazier anymore, the cryptosphere has since a few days introduced me to Zed Run.

An immensely popular horse breeding and racing game where a good horse goes for a few Ether easily. However, if you win races, it pays itself back of course.

Advertentie.

NFT meets gaming

We’ve been thinking that the craziness of NFT (Non Fungible Tokens) couldn’t go any further after the Beeple auction, but were proved wrong again.

With Zed Run, NFT horses are meeting online to race each other and the owners of these NFT horses can make actual money in return for their investment.

So what exactly is Zed Run?

In short, it’s a video game aka marketplace aka online world where one can buy, sell, breed and ultimately race virtual horses for real money. It runs on Ethereum and it’s about owning and racing horses online. Furthermore, it’s prove to be quite popular.

https://twitter.com/i/events/1384484535895724032

The game was launched in 2019 already, when horses sold for around $30. It sold a few hundreds of them that year. But in 2021, thanks to the introduction of NFTs, players can now own a fully customized horse of their own, and that has seen it’s momentum skyrocket.

According to Sportico:

Zed is now up to nearly 11,000 horses sold, with another 8,000 bred, spread across 3,600 so-called stables. Rare horses are now regularly selling for more than $15,000. One horse sold for $125,000.

In other words, a virtual horse is now selling for about the same price as an actual one.

Fans are posting the performances of their horses on social media and co-founder Chris Ebeling admits that the game is ready to get even bigger, stating:

We’ve had hockey stick growth the last four weeks. The world has taken notice.

Image: clarencealford