Crypto-powered, fantasy horse racing startup raises $5 million | Headlines | News | CoinMarketCap
10/11/2023 20:07
Game of Silks, a fantasy horse racing startup that creates NFTs linked to real thoroughbreds, has raised $5 million, the company said in a statement. …
The Block7 minutes ago
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Published on October 11, 2023 13:01 GMT+00:00edited on October 11, 2023 13:04 GMT+00:00
Game of Silks, a fantasy horse racing startup that creates NFTs linked to real thoroughbreds, has raised $5 million, the company said in a statement.
Owners of Game of Silks NFTs are able to earn rewards based on the real-world performance of the horse to which their token corresponds. Launched in June 2021 and teamed up with organizations like New York Racing Association, Belmont Race Track, The Jockey Club and FOX Sports’ Americas Best Racing, the web3 fantasy sports firm has now raised more than $10 million after this most recent funding round.
The marrying of NFTs and the lucrative fantasy sports industry is nothing new. Sorare has been perhaps the most successful in terms of attracting funding and attention. The company has announced partnerships with both the English Premier League