傳統上，投資賽馬是超級富裕和精英的保存

雖然它繼續吸引這一人群，但有一種新的方式來投資賽馬，從而大大降低了成本和輕鬆的方式

Investing in racehorses has traditionally been the preserve of the super wealthy and elite. While it continues to attract this crowd, there’s a new way to invest in racehorses that massively brings down the cost and ease accessible.

傳統上，投資於賽馬是超級富人和精英的保護。儘管它繼續吸引了這一人群，但有一種新的方式來投資賽馬，從而大大降低了成本並易於輕鬆。

Basically, you buy a fraction of a racehorse and are given a token that represents a share of it.

基本上，您購買了一小部分賽馬，並獲得代表其中一部分的令牌。

It’s called tokenisation and the concept is becoming popular in the property sector. Those who can’t afford, or don’t want to, invest in a whole villa or penthouse apartment can now own a share of it via tokenisation. And the idea has found its way into other expensive assets like racehorses.

它被稱為像徵化，該概念在財產領域變得越來越流行。那些負擔不起或不想投資整個別墅或頂層公寓的人現在可以通過象徵化擁有一部分。這個想法已經進入了其他昂貴的資產，例如賽馬。

One of the emerging players in racehorse tokenisation is a company called Tokinvest. It is launching a new racehorse tokenisation scheme that is built on blockchain technology. Most people associate blockchain with cryptocurrencies, but the technology can do so much more.

賽馬（Race Horse Tokenisation）的新興球員之一是一家名為Tokinvest的公司。它正在啟動一種新的賽馬象徵化計劃，該方案是建立在區塊鏈技術的基礎上的。大多數人將區塊鏈與加密貨幣相關聯，但是該技術可以做更多的事情。

Matt Blom, co-founder and chief strategy officer at Tokinvest, said he expects people will be able to invest in racehorse tokens starting from around Dh1,000. “It’s all about giving people access to the economic performance of the horse without needing to own it outright. The token represents fractional exposure to the costs and potential rewards of training and managing a racehorse over a one-year term.”

托金維斯特（Tokinvest）的聯合創始人兼首席戰略官馬特·布洛姆（Matt Blom）表示，他預計人們將能夠從約1,000迪拉姆（Dh1,000）開始投資賽馬代幣。 “這一切都是為了讓人們獲得馬匹的經濟表現而無需直接擁有它。代幣代表了一定的培訓成本和潛在獎勵和管理賽馬在一年任期內的成本和潛在回報。”

With your token, you own a stake in a basket of professionally selected racehorses for one racing season, thereby spreading your chances of success. If a horse in the basket performs well or is sold, investors may receive a payout. Tokinvest said the full structure will be detailed in its whitepaper before launch.

有了代幣，您將在一個賽車季節中擁有一籃子專業選擇的賽馬的股份，從而傳播了成功的機會。如果籃子裡的一匹馬的表現良好或出售，投資者可能會收到支出。托金維斯特（Tokinvest）表示，整個結構將在發布前的白皮書中詳細介紹。

UAE-regulated Tokinvent partnered with a New Zealand-based tokenisation firm called DSG Group to launch the investment opportunity. Ryan Johnson-Hunt, co-founder and CEO of DSG Group, said: “Racehorse ownership is just the beginning – together, we’re unlocking new asset classes and expanding access to investment opportunities that were previously out of reach for most investors.”

阿聯酋受監管的Tokinvent與一家名為DSG Group的新西蘭象徵性公司合作，推出了投資機會。 DSG Group的聯合創始人兼首席執行官Ryan Johnson-Hunt表示：“賽馬所有權僅僅是開始 - 我們一起開設了新的資產類別，並擴大了以前對大多數投資者遙不可及的投資機會的機會。”

Under this scheme, investors don’t actually own a piece of the horse. Instead, they get access to potential economic upside during the season. “It’s more like being part of a performance-linked fund than owning the horse directly. We’re also exploring ways to offer race-day updates and exclusive content as part of the utility in future versions,” Blom explained.

根據該計劃，投資者實際上並沒有擁有一匹馬。相反，他們可以在本賽季獲得潛在的經濟上升空間。 Blom解釋說：“這更像是與直接擁有馬匹相關的基金的一部分。我們還探索提供競賽日更新和獨家內容的方法，這是未來版本中實用程序的一部分。”

Syndicates

集團

Purchasing a racehorse outright can range from tens of thousands to several million dollars, depending on the horse’s pedigree, training, and racing history. This high entry level led to the creation of syndicates. In this arrangement, multiple individuals share ownership of a horse, dividing expenses and potential returns. One such company based in the UAE is called Racing Life Dubai, which pools together racehorse investors and says it only selects “racehorses with genuine winning potential, offering members the thrill of competing at the highest level while enjoying the rewards of success”.

直接購買賽馬的價格從數万到幾百萬美元不等，具體取決於馬的譜系，訓練和賽車歷史。這個高入門級導致了聯合組織的創建。在這種安排中，多個人擁有一匹馬的所有權，分配費用和潛在的回報。一家總部位於阿聯酋的這樣的公司稱為迪拜賽車生活，該公司將賽馬投資者匯集在一起​​，並說“只選擇“具有真正獲勝潛力的賽馬，為成員提供了在最高水平的同時享受成功獎勵的賽車的快感”。

Ownership extends beyond the track, and members gain access to an exclusive circle, enjoying VIP privileges at Meydan, private invitations to premier events, access to the Winner’s Circle restaurant, and trackside experiences. But the starting price for investment is much higher than for tokenisation. Racing Life Dubai offers shares starting at £5,000 (Dh24,000) for a five per cent stake in a young horse with promising potential. A five per cent stake means up to 20 people can own one horse.

所有權超出了賽道的範圍，成員可以訪問獨家圈子，在Meydan享有VIP特權，私人邀請到首演活動，訪問獲勝者的Circle餐廳以及Trackside的體驗。但是投資的起價遠高於象徵化。迪拜Racing Life提供的股票起價為5,000英鎊（DH24,000迪拉姆），佔有有希望的年輕馬的5％股份。 5％的股份意味著多達20人可以擁有一匹馬。

Racing Life Dubai’s top trainer is Bhupat Seemar, who trained Dubai World Cup-winner Laurel River last year. Another popular racehorse ownership provider is UK-based Deva Racing.

迪拜賽車生活的頂級教練是Bhupat Seemar，他去年訓練了迪拜世界杯冠軍勞雷爾河。另一個受歡迎的賽馬所有權提供商是總部位於英國的Deva Racing。

Tokenisation

象徵化

With tokenisation, the entry costs are much lower compared to sole ownership and syndicates. But your token represents a much smaller share of the horse. Depending on the fund, hundreds of people could hold a share in the same group of horses, as in Tokinvest’s case.

通過象徵化，與唯一的所有權和集團相比，入境成本要低得多。但是您的令牌代表了馬的份額要小得多。根據基金的不同，與托金維斯特的情況一樣，數百人可以在同一群馬中佔有一股。

Generally, the token price covers standard things like training, stabling and day-to-day care. Most of the net proceeds – after costs and fees – will go to the investors. One of the benefits of the blockchain is transparency, as transactions can be viewed by anyone so you have a better idea of where the money is going. Another benefit of racehorse tokenisation is liquidity – it’s much easier to buy, sell and trade tokens compared to owning shares via a syndicate.

通常，代幣價格涵蓋了諸如培訓，穩定和日常護理之類的標準因素。經過費用和費用，大多數淨收益都將交給投資者。區塊鏈的好處之一是透明度，因為任何人都可以查看交易，因此您可以更好地了解這筆錢的去向。賽馬象徵化的另一個好處是流動性 - 與通過集團擁有股票相比，購買，出售和交易代幣要容易得多。

Australia-based BTX Racing enables investors to purchase micro-shares in a racehorse, making ownership accessible to a broader audience.

總部位於澳大利亞的BTX賽車使投資者能夠在賽馬上購買微共享，從而使更廣泛的受眾可以使用所有權。

Steve Piek, CEO and founder of BTX, said: “We were the first company globally to offer a fully regulated racehorse ownership based on a blockchain. Our minimum investment is $75 (Dh275) and we will

BTX的首席執行官兼創始人史蒂夫·佩克（Steve Piek）表示：“我們是全球第一家提供基於區塊鏈的賽馬所有權的公司。我們的最低投資為75美元（DH275），我們將