Investor Spotlight: Wings Ventures
DeRacers, we continue further with our Investor Spotlight series and the spotlight now turns to Wings Ventures, one of our key investors and partners.
Please introduce your fund
Wings Ventures is intended for people willing to achieve wealth and financial freedom, as we share our expertise with the most visionary and innovative projects. We incubate, advise, fund & support blockchain projects towards sustainable success.
We utilize our vast network in the digital asset industry to invest exclusively into early-stage start-ups focusing on implementing the fast-evolving blockchain technology into their business for greater sustainable success.
Why did you decide to invest in DeRace?
Horse racing is an equestrian performance sport and is one of the most ancient and famous of all sports. By doing it as a digital game, in this epidemic, we think it will become more successful. DeRace is a combination of 3 significant features including video gaming, gambling, and horse racing. We just stay at home and play with DeRace. We can buy and breed NFT horses, bet on real-time horse races, and host races in community owned hippodromes for actual profit. It’s not only entertainment but also a making profit platform. We believe that DeRace is really a potential project and will become a giant platform in the near future. Furthermore, DeRace’s team has members who worked in the bluechip game companies, therefore we made a decision to invest in DeRace.
What are your current predictions for the NFT and crypto markets in 2021?
As you know, Axis Infinity became more famous recently, it showed that NFT would lead to an important part of technology. Following the success, we guess that NFT will explore crypto markets for the rest of this year. Specially, we will see a lot of NFT games that will be developed and released more
How do you think DeRace can revolutionize both gaming and gambling markets?
NFT on the blockchain platform will bring fair play in both gaming and gambling markets. In the traditional market, there exist some cheats/tricks when playing or betting in a game and there is an unfair game for players. By using blockchain technology, we believe that DeRace will be a fair game that will revolutionize gaming and gambling markets.
What is your thesis around NFT projects as an investment?
We have some key points by following:
What kind of NFT project?
What kind of technology?
How long until the NFT project succeeds?
We will find some information about the project’s team.
As an investor, we must do some risk assessments and must consider in how long we can take profit.
What is your most anticipated feature in DeRace?
In DeRace, the most feature, which we will anticipate in, is Horse Breeding.
What are your expectations from DeRace for 2021?
We expect that DeRace will lead to the leading platform in both gaming and gambling in horse racing.
What are you going to name your DeRace horse?
Wing Ventures will be the name of our first DeRace horse.
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.