The DeRace token $DERC, is used for all in-game transactions within the DeRace metaverse. Whilst the game transactions take place on the Polygon network, the $DERC token can also be bought on Etherium and Binance Smart Chain.
The $DERC token is used as a method of payment, or incentive for the following:
- Trading NFT horses
- Trading NFT hippodromes
- Participating in races
- Hosting races in hippodromes
- Betting on races
- Rewards and betting payouts
- Breeding
- Bug reporting
- Watching advertisements
Holders of the token are also promised VIP early access to the platform, early access to NFT asset drops and invites to test new features. $DERC holders will also take part in the decision-making governance process to guide the development of the DeRace metaverse.
