This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is zkRace?

zkRace (ZERC) is a cryptocurrency token that powers a metaverse project focused on creating a virtual NFT horse racing ecosystem. It aims to solve issues of corruption, lack of transparency, and trust in the horse racing and gambling industries by utilizing blockchain technology and ZK-rollup layer 2 technology. The token is designed to facilitate in-game transactions and offers a player-driven experience, ensuring a smooth and enjoyable gaming environment.

How is zkRace used?

zkRace (ZERC) is a cryptocurrency token used within the zkRace ecosystem, a metaverse project focused on creating a complete NFT horse racing universe. The token is designed to facilitate various activities and transactions within the platform, including:

  1. Betting and Gaming: Users can place bets on horse races using ZERC tokens, ensuring transparency and fairness in the betting process.
  2. NFT Ownership: ZERC tokens allow users to purchase and own unique NFT horses, which can be used for racing, breeding, and other activities within the metaverse.
  3. Personalized Gaming Experience: Users can customize their gaming experience by owning and managing their NFT horses, participating in races, and earning rewards.
  4. Bookmaking: Users can become bookmakers, controlling stakes in hippodromes and earning profits from fees and bets made by other players.
  5. Infrastructure: The ZERC token powers the underlying zk-rollup infrastructure, enabling the seamless operation of the GameFi ecosystem.

Overall, the zkRace token is the central unit of exchange and utility within the zkRace ecosystem, enabling users to engage in various activities and transactions while promoting transparency, fairness, and user ownership.

How do I store zkRace?

To store zkRace (ZERC) tokens, you can follow these steps:

  1. Add an Ethereum Account:

    • Open Ledger Live and ensure you have the latest version and firmware.
    • Install the Ethereum app on your Ledger device.
    • On the left panel, click on "Accounts" and then "Add account."
    • Select Ethereum (ETH) and connect your device, opening the Ethereum app.
    • Ledger Live will search for existing accounts on the blockchain and display them.
  2. View ERC20 Tokens:

    • On the "Accounts" page, click "Show tokens" under the Ethereum account that holds the ZERC tokens.
    • You can hide token accounts with zero balance in the settings.
  3. Send and Receive Tokens:

  • To send ZERC tokens, ensure you have ETH on the parent account to pay for network fees.
  • Select the ERC20 network type when sending tokens from an exchange to avoid losing them.
  • Token accounts will appear after the token transaction is confirmed on the Ethereum blockchain.
  1. Manage Tokens Not Supported in Ledger Live:
    • Verify that MetaMask is connected to the correct network.
    • If needed, use Chainlist to connect to the correct network.
    • Add your ZERC token to MetaMask by following the instructions.

By following these steps, you can effectively store and manage your zkRace (ZERC) tokens using Ledger Live and MetaMask.

How to buy zkRace?

To buy zkRace (ZERC) tokens, you can follow these steps:

Buying zkRace (ZERC) from a Decentralized Exchange (DEX)
  1. Download and Set Up a Crypto Wallet: Choose a reliable crypto wallet like Trust Wallet or Metamask that supports the blockchain where zkRace is listed. Ensure you download the official Chrome extension or mobile app from the wallet's website.

  2. Transfer Base Currency: Buy Ethereum (ETH) or another supported cryptocurrency using fiat. Transfer this currency to your crypto wallet.

  3. Connect to DEX: Choose a DEX that supports your wallet, such as 1inch. Connect your wallet to the DEX using your wallet address.

  1. Swap for zkRace: On the DEX, select the base currency you transferred as the "From" token and zkRace (ZERC) as the "To" token. If zkRace is not listed, find its smart contract address on Etherscan and paste it into the DEX. Set the amount you want to swap and click the "Swap" button.
Buying zkRace (ZERC) from a Centralized Exchange (CEX)
  1. Register on a CEX: Sign up for an account on a CEX that lists zkRace, such as KuCoin or Crypto.com. Verify your identity and secure your account with two-step verification.

  2. Buy Base Currency: Use fiat to purchase a base currency like USDT, ETH, or BNB on the CEX.

  3. Transfer to zkRace Trading Platform: If the CEX you're using doesn't support zkRace trading, transfer your base currency to a CEX that does.

  1. Buy zkRace: Use your base currency to buy zkRace (ZERC) in the spot market.

Remember to always be cautious of scams and ensure you're using official websites and contract addresses.

Discover
zkRace
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

History of zkRace

Discover
zkRace
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

How zkRace works

Discover
zkRace
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

zkRace's strengths

zkRace's risks

Discover
zkRace
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Did zkRace raise funds?

Discover
zkRace
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

zkRace’s team

Whalee AI

The fundamental analysis assistant for crypto value investors.

Latest news

Want an analysis of this token? Tell us on Discord

Similar tokens

BinaryX
Notcoin