zkRace is developed by W3Forge, a Web3 development studio, incubator, and accelerator. The core team of zkRace comprises eighteen members from Lithuania, the UK, France, Dubai, and Switzerland. The project was founded by Adomas Juodišius and Adelaida Sinkevič. Adomas Juodišius serves as the CEO of the project. Previously, he was the founder and CEO of Media Bubbles, a marketing agency based in Vilnius, providing digital presence, web architecture and security solutions, and digital marketing to e-commerce stores and other web-based platforms. At zkRace, he continues his collaboration with Adelaida Sinkevič, the co-founder of Media Bubbles, who has also served as the CMO for several high-profile startups and is currently the CMO at zkRace. The team is further strengthened by several distinguished advisors: Hassan Sheikh, the co-founder of DAO Maker; Michael Kam, co-founder of the Asia-based blockchain VC fund Double Peak; Michael Owen, a former professional footballer who played as a striker for Liverpool, Real Madrid, Newcastle United, Manchester United and is now a horse breeder and trainer; AB de Villiers, former South African international cricketer; KmanuS88, an entrepreneur and prominent YouTuber; and Alex Becker, CEO of Hyros, entrepreneur and notable YouTuber.

zkRace occupies a distinct position as both the premier Web3 horse racing game and a comprehensive infrastructure aimed at transforming Web3 gaming. As a Web3 game, zkRace leads the industry as a pioneering NFT horse racing metaverse, combining scalability, transparency, and a player-centric approach. It is the first horse racing ecosystem to overcome single-chain restrictions, poised to dominate across multiple blockchain networks. This player-driven platform incorporates real-life racing dynamics and extends beyond the digital domain to provide seamless, enjoyable experiences that resonate with athletes, catering to both cryptocurrency enthusiasts and newcomers alike. On the infrastructure front, zkRace employs advanced Layer 2 zk-rollup Validium technology to enhance Web3 gaming. This system minimizes financial barriers and enhances transparency by facilitating near-zero gas fee transactions for minting, trading, and data storage. With its proprietary Validium solution, zkRace ensures seamless gameplay without blockchain congestion, enables scalable off-chain data storage, and maintains on-chain verification of all game data integrity. These capabilities establish zkRace not only as a game but also as a robust framework advancing the GameFi industry.

zkRace (ZERC) has a total supply of 120 million tokens. The native token, ZERC, is now fully unlocked, with a circulating supply of 120 million tokens. Of this, 28%, equating to 33.6 million tokens, was sold during the private round prior to the public IDO. At a valuation of $0.05 per token, zkRace raised $1.68 million from investors such as DAO Maker, Animoca Brands, LD Capital, and other notable venture capitalists. 6% of the total supply, or 7.2 million tokens, was allocated for the IDO in July 2021. 15% of the supply, which amounts to 18 million tokens, was set aside for marketing purposes. 25%, or 30 million tokens, was reserved for liquidity incentives. The team was allocated 10% of the supply, amounting to 12 million tokens. Advisors received 5%, which is equivalent to 6 million tokens, and 11% was allocated for development, totaling 13.2 million tokens.

How Is the zkRace Network Secured? ZERC is an ERC-20 token, indicating that it is based on the Ethereum blockchain. Ethereum operates using a proof-of-stake consensus mechanism and is secured by an extensive decentralized network of stakers. Approximately 11,000 Ethereum nodes safeguard the Ethereum blockchain against attacks. Ethereum is the most popular blockchain for launching new tokens due to its standardized tokens, an active developer community, and its robustness. Specifically, Web3 projects such as zkRace frequently launch on Ethereum because it provides visibility and the broadest possible exposure to new traders.

zkRace reached an all-time high of $8.45 in November 2021, marking an increase of 165 times its initial value. Initially launched at a price of $0.05, achieving a target price of $1 for zkRace (ZERC) would necessitate a 20-fold increase. Although this presents a significant challenge, it remains within the realm of possibility. The recent performance of Axie Infinity (AXS), which attained a record high after beginning at approximately $0.15, demonstrates a strong market demand for promising NFT and metaverse gaming projects.

The zkRace IDO was launched on July 26th on DAO Maker. It is available on Crypto.com, Gate.io, KuCoin, Uniswap, Pancakeswap, and QuickSwap. For those interested in purchasing ZERC, additional information on how to begin buying this token and other cryptocurrencies is available on Eulerpool.