Investor Spotlight: LD Capital
LD Capital is among the most renowned investment firms in China focusing on blockchain technology, securities, equity investment, and trading. They have a network of 30+ professionals and specialists around the world, which has enabled them to discover and invest in over 200 companies and projects, yielding an overall return of more than 100 times, with peak self-owned assets of nearly 1 billion US dollars.
DeRace is honored to be LD Capital’s latest investment, which we believe is one of the highlights in our funding round.
In the recent interview with the DeRace team, LD Capital representative elaborated on why they decided to invest in DeRace and the potentials of the crypto market.
Please introduce your fund
LD Capital is the most prominent investment firm in Asia, focusing on blockchain investment established in 2017. With more than 30 professionals spread out across blockchain hubs such as Shanghai, USA, Singapore, and Seoul, LD Capital has long emerged as one of the most influential forces in blockchain. LD Capital’s transparent, and teamwork-oriented approach saw the investment firm’s portfolio reach a peak of nearly 1 billion USD, by backing more than 200 highly successful projects such as ETH, IPFS, Polkadot, Avalanche, Oasis Lab, Mina, Algorand, FLow, DaoMaker, AscendEX, MXC, Reef, Cere, OpenOcean, Efinity, Illuvium and BigTime to name a few.
Why did you decide to invest in DeRace?
Right after the first call with the DeRace team, we decided to invest in DeRace with no hesitation. First of all, the DeRace team has very extensive experience in the blockchain, horse racing, and gambling industries. Secondly, we believe virtual horse racing is a perfect use case of NFT. Virtual horse racing has huge market potential and DeRace has all it takes to unleash its full potential. Lastly, if you compare DeRace with Zed.Run, DeRace is more attractive to investors. DeRace is just one step away from launch and based on the current valuation it has a very promising ROI. We believe DeRace is a hidden gem in this market.
What are your current predictions for the NFT and crypto markets in 2021?
We believe there are signs of a bubble in the current NFT market, especially in the field of NFT art. Most NFT artworks do not have any collection value, and will eventually end up with a situation where no one wants to buy it after the bubble burst. However, we are very optimistic about the adoption of NFT in the gaming industry. Traditional game players are the easiest group to be converted into the blockchain industry. They are smart and open to the concepts of NFT, Wallet, Crypto Exchange, etc. With more and more traditional game players adopting NFT, the NFT horse racing market will grow exponentially.
How do you think DeRace can revolutionize both gaming and gambling markets?
Powered by blockchain technology, DeRace has made horse racing fair and transparent, and most importantly, protects customers‘ privacy. DeRace has a set of unique play-to-earn features, which give users an opportunity to make a profit by participating in activities like breeding and trading NFT horses, participating in racing, betting, and more. Leveraging on blockchain technology, participants will no longer be restricted by geographical and fiat payment gateway. Players all over the world can enjoy extremely low transaction fees and instant settlement.
What is your most anticipated feature in DeRace?
As an investment firm, we are interested in all profit-making activities. Undoubtedly, DeRace’s breeding and horse-trading is a new investment opportunity.
What are your expectations from DeRace for 2021?
We hope that DeRace can be launched as soon as possible and partnered with numerous IPs to sell more limited edition NFT Horses. We firmly believe DeRace will become No1 in NFT horse racing.
What are you going to name your DeRace horse?
We probably will call it LDFSA as it means LD Full Speed Ahead.
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.
About LD Capital
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 more than 200 companies. LD Capital overall achieved more than 100 times return with peak self-owned assets of nearly 1 billion US dollars.