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Home » Blog » What Is Metaderby?(DBY) Complete Guide & Review About Metaderby?
CryptoCurrencies

What Is Metaderby?(DBY) Complete Guide & Review About Metaderby?

Cws Team
Last updated: 24/12/2024 11:09 PM
Cws Team
3 years ago
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Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs. !
What Is Metaderby?(DBY) Complete Guide & Review About Metaderby?
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What Is Metaderby?(DBY)

“MetaDerby is the first free-to-play-and-earn horse racing metaverse on Avalanche where anyone can earn tokens through skilled gameplay and contribute to building the universe. Race, breed, trade NFT horses and bet on horse races to earn rewards.” MetaDerby is a horse racing and breeding inspired metaverse where anyone can earn tokens through skilled gameplay and contribution to building the -verse. In the -verse, they want to tap into the long historical relationship between humans and horses.

Contents
  • What Is Metaderby?(DBY)
  • MetaDerby Coin Storage Key Points
    • Vision
    • Why Free-to-Play
    • How to Play-to-Earn
    • Tokenomics
      • HOOF
      • DBY
    • Referral System
    • How does the referral system work?
      • 1. Get your referral link
      • 2. Invite your friends to join MetaDerby
      • 3. Earn referral rebates

Horse racing is one of the most ancient of all sports, as its basic premise – to identify which horse is the fastest over a set course – has been unchanged since at least classical antiquity. Meanwhile the history of horse breeding goes back millenia, with one of the earliest people known to document the breeding’s of their horses being the Bedouin of the Middle East, the breeders of the Arabian horse.

With the advent of mechanical forms of transportation, the century old relationship humans have had with horses dissipated. Slowly and gradually, the enjoyment of horse racing and the knowledge of horse breeding are relegated only to the selected few. With the possibilities of blockchain, NFT, tokens, and the advent of a global play-to-earn community, they want to create a metaverse where humans can reconnect with ancient friends and celebrate this unique relationship between humans and horses.

MetaDerby Coin Storage Key Points

Coin BasicInformation
Coin NameMetaDerby
Short NameDBY
Circulating Supply N/A
Max SupplyN/A
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Vision

They will give each player a horse to roam and explore the MetaDerby Coin metaverse. With your free horse, you can race it, breed it, explore the land, build your farm, build your own race course, and create your own races with jockeys and even…chariots!

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Why Free-to-Play

There are already enough barriers to play blockchain games, buying an NFT horse should not be one of them. Every player that takes the time to complete the MetaDerby beginners task, will be given a free NFT horse (we call it “Starter Horse”). A man/woman and a horse, free to explore and build, just like so many stories told in so many cultures passed down through so many generations. This is how they want our story to start too.

How to Play-to-Earn

MetaDerby Coin is a play-to-earn NFT horse racing metaverse where you can earn tokens and real money with free-to-play features. To maximize earnings in, you can participate in:

  1. 1.Horse races
  2. 2.Horse Breeding
  3. 3.Buying your own land
  4. 4.Building on lands to breed unique horses or host races

Besides all aforementioned conventional income sources, players can gain extra earnings by:

  • Daily reward programs
  • Referral program
  • Selling gaming assets

Tokenomics

There are two major tokens in the MetaDerby universe, a utility token named HOOF and a governance token named DBY.

HOOF

HOOF serves as the fundamental gas in MetaDerby and has unlimited supply. HOOF’s use cases include:

- Advertisement -
  • Entry fees to attend horse races
  • Entry fees to stables by male horses
  • Breeding fees for male horses
  • Mystery box purchase
  • Materials purchase and constructions for farm lands and race courses

In the game play, users can earn HOOF via the following ways:

  • Become the Top 3 in a horse race
  • Win horse racing lottery
  • Host a horse race and get the revenues

DBY

Derby (DBY) is the governance token in MetaDerby Coin Derby and has a total supply of 1,000,000,000. DERBY’s use cases include:

  • Metaverse land purchase
  • Staking rewards
  • Gaming governance

Referral System

Along with staking rewards, you can earn rebates from the MetaDerby referral system.

- Advertisement -

How does the referral system work?

1. Get your referral link

MetaDerby Coin You will only be able to generate your referral link when you stake certain amount of $DBY token in the lock staking pool. Your rebate rate will be based on the $DBY amount staked.

2. Invite your friends to join MetaDerby

Your friends can get a discount on the MetaDerby NFT purchase via your referral link.

3. Earn referral rebates

When your referrals complete a purchase on the MetaDerby marketplace, you can get rebates from the generated NFT sales income.

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One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People
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