HONG KONG CENTRAL, September 27, 2022 GLOBEE NEWSWIRE
A horse racing focused metaverse called Cyber Gallops aims to imitate the dynamics of actual horse racing in the metaverse. In its most recent expansion, the business opened new facilities to meet the demands of those who enjoy horse racing.
Cyber Gallops’s most recent feature includes the following:
Racing: Cyber Gallops offers users the chance to race the thoroughbreds and greyhounds of their choice across a variety of events and racecourses, with the potential to earn $Gallop and $Pace.
Breeding: In stables with male and female horses, people can breed new NFT horses. While female horses retain the newly minted NFT horse, male horses receive breeding fees in gallops.
Trading: On the internal NFT market place of Cyber Gallop, intending customers can trade their NFT horses and other digital goods.
Building: Cyber Gallops give owners the option to purchase land and construction supplies to develop their racetracks and breeding stables. People can host their races on their racecourse and make $Pace by using Cyber Gallop’s services.
To make Cyber Gallops engaging and thrilling, it offers a special game of skill for breeding, training, and racing. There are different types of lands in Cyber Gallops, including Trackland, where owners can construct racetracks with unique designs and racing regulations, Farmland, for breeding, and Commercial land, for one-of-a-kind collaborations with other brands. The win-to-earn business model used by Cyber Gallops is more appealing and sustainable as a result of the revenue generated from these operations to sponsor prize pools in competitions. Henry, the company’s founder, said:
“It’s a win-win, just like horse racing in the real world, prize pools are subsidized by the tax on the betting pool of each race, making horse ownership and racing attractive, encouraging better quality and more racing, which benefits Cyber Gallops.”
The Cyber Gallops Metaverse’s game mechanics are meant to be realistic and replicate actual horse and greyhound racing. through breeding, training, and financial economics to the racing class structure. Each player in Cyber Gallops has an avatar to represent them. Players can perform tasks, visit stables and racetracks, visit the Cyber Gallops Metaverse on their horses, and earn $PACE using this avatar.
Additionally, because to developments in blockchain technology, NFT integration, and well-considered tokenomics, the potential and benefits of metaverse racing greatly outweigh traditional racing and its limitations. Transparent attributes, ratings, and statistics ensure fair and enjoyable racing, and an on-chain random number generator determines the luck component.
All in-game items, including avatars, horses, greyhounds, land, tools, materials, vitamins, and medications, are NFTs that may be exchanged on the Cyber Gallops marketplace. The user can use the NFT as part of their in-game inventory if it is kept in a linked wallet.
With its many in-game activities that get players ready for the crucial entries to the starting gate, Cyber Gallops is a gamified metaverse based on the traditional sports of horse and greyhounds racing. The Cyber Gallops Metaverse’s game mechanics are meant to be realistic and replicate actual horse and greyhound racing. Gamers can own and construct their stables and racetracks by buying land in the Cyber Gallops Metaverse.
Track land and stable land are the two different categories of land. Only $GALLOP may be used to purchase these land parcels.
As a result, the creation and execution of the Cyber Gallops Metaverse is being led by a diverse and skilled team from AAA game companies, the gaming industry, and traditional horse racing veterans