Taylor Lorenz / New York Times:
A look at Zed Run, a digital horse racing platform where users breed, race and trade NFT horses, with digital horses and stables sold for six figures– Horse racing meets NFT mania on Zed Run, a digital platform where some top-level horses collect six-figure sums.
The Kentucky Derby may be the best-known stakes race happening in the equestrian world this weekend, but it’s hardly the only one.
On Zed Run, a digital horse racing platform, several such events take place every hour, seven days a week. Owners pay modest entry fees — usually between $2 and $15 — to run their steeds against others for prize money.
The horses in these online races are NFTs, or “nonfungible tokens,” meaning they exist only as digital assets. You can’t pet them or feed them carrots by hand. You can’t sit in the stands sipping mint juleps while they sprint by.
The Kentucky Derby may be the best-known stakes race happening in the equestrian world this weekend, but it’s hardly the only one.
On Zed Run, a digital horse racing platform, several such events take place every hour, seven days a week. Owners pay modest entry fees — usually between $2 and $15 — to run their steeds against others for prize money.
The horses in these online races are NFTs, or “nonfungible tokens,” meaning they exist only as digital assets. You can’t pet them or feed them carrots by hand. You can’t sit in the stands sipping mint juleps while they sprint by.
The Kentucky Derby may be the best-known stakes race happening in the equestrian world this weekend, but it’s hardly the only one.
On Zed Run, a digital horse racing platform, several such events take place every hour, seven days a week. Owners pay modest entry fees — usually between $2 and $15 — to run their steeds against others for prize money.
The horses in these online races are NFTs, or “nonfungible tokens,” meaning they exist only as digital assets. You can’t pet them or feed them carrots by hand. You can’t sit in the stands sipping mint juleps while they sprint by.
