[Derace](https://coinmarketcap.com/currencies/derace/ico/) describes itself as a "complete NFT horse racing ecosystem" that wants to set a new standard for GameFi industry. DeRace provides an opportunity to buy and breed [NFT](https://coinmarketcap.com/alexandria/glossary/non-fungible-token) horses with unique characteristics, equip NFT horses, and build your own NFT hippodrome to host races.
The project launched its [IDO](https://coinmarketcap.com/alexandria/glossary/initial-dex-offering) on July 16, 2021 on [DAO Maker](https://coinmarketcap.com/currencies/dao-maker/).
The beta version of DeRace was launched on Dec. 28, 2021. The full V2 of the game is about to be launched in Q3-Q4.