DeRace Closes an Oversubscribed Private Round Raising $1.7M from DAO Maker, Animoca Brands, LD Capital and Top Blockchain Investors

DeRace successfully closes the Private Round 🎉

DeRace team is delighted to announce the closure of our oversubscribed private sale round raising $1.7 Million. This remarkable number was achieved with invaluable support from DAO Maker, Animoca Brands and leading blockchain VC firms namely LD Capital, Au21, CMS, X21, Dweb3, Hillrise Ventures, Kyros Ventures, MGNR, AC Capital, Wings Ventures, ReBlock, Raptor Capital and Evangelion Capital.

The oversubscription of the pre-sale round made it clear about the massive amount of interest and trust that DeRace has earned. We would like to send our sincerest thanks to our community and investors for all the treasured support that we have received all the way.

DeRace derives inspiration from three mammoth industries namely horse racing, video gaming, and sports betting. Our ambition is to disrupt these three sectors by incorporating NFT technology together with blockchain solutions to bring users the ultimate gaming experience. Thanks to the generous support from our community and investors, DeRace will be able to realize this revolutionary vision.

Investment Partners

We would like to express our special gratitude towards DAO Maker, who will be launchpad partner for the SHO public sale. DAO Maker is one of our most long-standing partners, and have accompanied us since our seeding period, offering invaluable consultation and support.

Besides being a fundraising platform, DAO Maker also helps with community building, marketing, market making, consultation, and token architecture development. DAO Maker has made their name for being an incredibly inclusive and comprehensive launchpad for blockchain startups, having helped countless projects jump-start their careers.

We also gratefully thank the following reputed blockchain VCs who contributed to our success:

LD Capital is the most reputable investment firm in China focusing on Blockchain Investment, Securities, Equity Investment and Trading. Owing to industrial resource advantages and professional investment research team, LD Capital has successively discovered and invested in more than 200 companies. LD Capital overall achieved more than 100 times return with peak self-owned assets of nearly 1 billion US dollars.

Animoca Brands is an investor in over 60 NFT-related companies, and is a leader in digital entertainment, blockchain, and gamification who is focused on bringing digital property rights to video games and the Metaverse through the use of NFTs, which provide true digital ownership, play-to-earn capabilities, and digital asset interoperability.

A hybrid venture and hedge fund that invests in high-growth blockchain and AI companies and backs the most brilliant founders in the blockchain.

X21 Digital is a Blockchain Advisory and Investment firm dedicated to helping mainly blockchain startups accelerate their growth and exposure in the industry. We focus on giving the most optimal strategic advice and guidance, to shortcut our client’s and partners’ paths to success.

CMS is a principal investment firm focused on making investments across the cryptoasset ecosystem. CMS deploys capital in liquid and illiquid crypto tokens, as well as, equity stakes in selective companies.

Founded in 2018, DWeb3 Capital is a digital fund focused exclusively on digital assets related to Decentralized Finance, WEB 3.0 and NFT.

Hillrise Ventures funds and supports founders leading the paradigm shift from Web2 into the blockchain-enabled future of Web3.

Kyros Ventures is a conglomerate of the largest and most influential entities in the Vietnamese Blockchain industry. Kyros Ventures is a pioneer in incubating early-stage blockchain and cryptocurrency projects in Vietnam. It is built upon the solid foundation of Coin68.

MGNR is a systematic proprietary trading firm that uses innovative quantitative research and rigorous engineering to capture trading opportunities around the globe 24/7/365. They have deep domain expertise across the cryptocurrency space and are supportive seed / early-stage investors to a number of successful founders/projects.

An investment venture focusing on Blockchain and Fintech. Committed to discovering unicorns and boosting their development.

Wings Ventures incubates, advises, funds & supports blockchain projects towards sustainable success. Wings Ventures is intended for people willing to achieve wealth and financial freedom, to share their expertise with the most visionary and innovative projects.

ReBlock is a full-service digital marketing agency in Korea. They have global team members in Korea, China, USA, Ukraine, India and Russia. Our team provides consultation and technical support, advisory service about the project after listed in exchange as well. We provide a full service on blockchain worldwide to bring success to the projects with all the necessary actions.

Raptor Capital is an investment and advisory services firm providing expertise to help blockchain startups flourish. Their mission is to turn the most disruptive innovative startups into the most established heavy-hitting projects in crypto.

Evangelion functions as an incubator and a backer for the most promising ventures in the blockchain industry. From humble origins as traders on shady exchanges back when Bitcoin was in three digits, Evangelion has organically grown into a respected investor with an in-depth knowledge of blockchain and the various marketing facets of the industry.

DeRace would like to thank all our treasured partners for their tireless support. This initial fundraising success gives us tremendous motivation to continue our mission.

As a next step, we will launch our public sale through Strong Holder Offering (SHO) on DAO Maker on 26th of July 12:00 UTC.

So stay tuned and follow DeRace through our official channels for the latest updates.

About DeRace

DeRace is a complete NFT horse racing ecosystem where you can participate in horse races, breed NFT horses with unique characteristics, host races in your own NFT hippodrome and earn profit while doing it.

DeRace is electrifying the current NFT market by allowing players to fully interact with their DNA-enriched NFT horses and have full control of their own hippodromes.

Stay tuned to our official channels for more exciting news and updates coming through! 🏇🏻

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Blockchain-based play to earn NFT horse racing platform where you can breed NFT horses, bet on real-time races, and host races in hippodromes