Blockchain and Virtual Horse Racing: The Future of Digital Sport

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passive income by leasing out breeding rights, or even selling horses and foals to other players. The idea of virtual stables also means that there is a social element added to the experience. Communities form their own breeding clubs, stables, and tournaments and this creates a real sense of belonging.

Owners will often come together to discuss strategy, as well as to engage in friendly competition.It has to be said that the most engaging aspect of virtual horse racing is betting. This is an area where blockchain becomes invaluable too. Traditional betting often comes with concerns around trust, rigged odds, delayed payouts, and a lack of openness.

With blockchain, every wager and result is recorded on an immutable ledger meaning that everything is fair and transparent.Platforms such as zed run horses betting have emerged as real pioneers in this area. They allow users to involve their digital horses in races as well as to bet on the outcome with cryptocurrencies. Thanks to the use of smart contracts, once a race comes to an end the winnings are automatically paid out to all winners.

This means that there is no risk of results being manipulated and this results in an experience that's 100% reliable.The use of blockchain also means that virtual horse racing is hugely accessible. Users from around the world are able to take part and don't need to be concerned with the usual geographical restrictions or the use of middlemen. Virtual horse racing doesn't just stand alone.