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Cryptocurrency News Articles

ZkRace Unveils ZERC Token, Heralding the Future of GameFi

Apr 25, 2024 at 01:08 pm

DeRace is rebranding as zkRace and launching the ZERC token for its Layer 2 solution. This transition will transform DeRace from a horse racing game into a GameFi infrastructure platform leveraging zk-Rollup technology for scalability, transparency, and engaging gameplay.

ZkRace Unveils ZERC Token, Heralding the Future of GameFi

ZkRace Emerges as the Future of GameFi, Unveiling the ZERC Token

In a groundbreaking move that redefines the parameters of GameFi, DeRace has announced its strategic rebranding as zkRace. This transformative shift marks the evolution of DeRace from a horse racing game into a full-fledged GameFi infrastructure platform, leveraging zk-Rollup technology to unlock scalability, transparency, and unparalleled gameplay.

The transition from DeRace to zkRace heralds a significant expansion of the project's scope. Transcending the confines of a single game, zkRace aspires to become the backbone of the Web3 industry, providing a Validium zk-rollup Layer-2 solution that caters to the needs of the entire ecosystem. This shift not only broadens the project's reach but also underscores the technological innovation that zkRace brings to the table, elevating the gaming experience for players and developers alike.

Accompanying this rebranding decision is the introduction of the ZERC token, which will replace DERC on a 1:1 basis, maintaining the same total supply and tokenomics. ZERC is set to power both the zkRace game and the Validium zk-rollup Layer-2 solution, acting as the backbone of a secure, efficient, and vibrant GameFi ecosystem.

zkRace stands out from the crowd through its core pillars of blockchain-verified gameplay, cross-chain functionality, player-driven development, frictionless onboarding, and real-world utility. These pillars ensure that zkRace is not merely a game but a comprehensive platform that elevates the Web3 gaming experience to unprecedented heights.

The zkRace infrastructure promises low-cost transparency, blazing-fast speed, unlimited scalability, and verifiable data integrity. The power of this technology underpins a gaming ecosystem that is both expansive and inclusive, setting new standards in the GameFi landscape.

In the coming weeks, the project will disclose further details regarding the DERC-to-ZERC token swap. This transition not only safeguards the future of zkRace but also paves the way for novel game integrations, with ZERC poised to become a payment option for gas fees within the ecosystem.

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