Silks.io | Horse Racing on Blockchain Launching in April 2022

In 2016, the United States racing industry generated $14.3 billion in revenue and employed more than 66,000 people. Despite this success story, the horse-racing industry is an antiquated one with a number of challenges, including lack of transparency and limited accessibility to new participants. Silks is seeking to revolutionize the industry by bringing blockchain technology to the sport of horse racing.

1. What is Silks.io?

Silks is the first derivative gaming platform that leverages a blockchain-enabled metaverse to parallel the real world of thoroughbred horse racing. The Silks metaverse is powered by a play-to-earn (P2E) gaming economy where anyone can experience the thrill of owning racehorses and horse farms, while reaping valuable tokens through skilled gameplay and contributions to the ecosystem. The Silks community will have the ability to acquire, collect, trade and interact with digital assets that represent actual thoroughbred racehorses in the real world. Furthermore, they’ll have the ability to acquire, breed, train and race…