Investor Spotlight: AC Capital
AC Capital is taking the centre stage in our next investor spotlight series. Being a versatile venture capital firm that focuses not only on funding but also incubation, consulting and technology development, AC Capital has helped numerous projects to jumpstart their careers. Reef, FFA Games and Nabox are some of the names in AC Capital’s portfolio besides DeRace.
Let’s have a look at our interview with AC Capital’s representative Serena and see why they chose DeRace as their next venture.
Please introduce our fund
AC Capital is a crypto venture capital, dedicated to discovering unicorns and expanding the development and adoption of blockchain technology through investments and marketing services.
Why did you decide to invest in DeRace?
We believe NFT track has a bright future, especially gaming NFT-related products, and DeRace happens to make a perfect combination of gaming and sports, which obviously meets our investment preferences very well.
What are your current predictions for the NFT and crypto markets in 2021?
Frankly speaking, the current cryptocurrency market is not particularly optimistic, but if we compare it with the bear market in 2018 and 2019, the size of the whole market has actually grown unprecedentedly. Besides, due to the development of the NFT and DEFI fields, we are still relatively optimistic about the market.
How do you think DeRace can revolutionize both gaming and gambling markets?
Cryptokittes is an iconic product in the entire NFT market, DeRace cleverly combines the old horse racing event with NFT games, plus introduces gambling and breeding which is very innovative.
What is your thesis around NFT projects as an investment?
The indivisibility of NFT sets it apart. While cutting off its possibility as a payment tool, it becomes a viable path to digitizing the physical world. In particular, games and DeFi combined with NFT are the directions we’re most optimistic about.
What is your most anticipated feature in DeRace?
Horse racing and breeding parts of the game.
What are your expectations from DeRace for 2021?
As an investor, we definitely hope that DeRace can become a unicorn in this field.
What are you going to name your DeRace horse?
We’re thinking of AC Uni!
About AC Capital
AC Capital is an investment firm focusing on the blockchain and finance market, dedicated to discovering unicorns and expanding the development and adoption of blockchain technology through investments and marketing services.
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.