DeRace (DERC) is a play-to-earn NFT horse racing metaverse where users can use racehorses, breed NFT horses with unique features, and construct their own NFT hippodrome. DeRace claims to be a customized gaming experience that takes a fresh approach to online entertainment. 

According to the whitepaper, DeRace is the world's first decentralized blockchain-based racehorse platform that claims to bring together millions of racehorse fans in a community where users can trade, breed, and stage races in their own hippodromes while earning coins. Moreover, DeRace is a hybrid of two multibillion-dollar markets: video gaming and horse racing, which have been brought together by blockchain and NFT technologies. In addition, the asset's key user experience philosophy is to present users with a variety of methods to earn coins without much effort. Users can trade and earn coins by participating in a variety of activities in the game, including raising and trading NFT horses, racing, staging races at hippodromes, trading their analyses and predictions, and participating in referral, reward, and bug reporting systems. 

DERC is the native token of the platform. The ticker symbol used for the token is DERC. As stated in the whitepaper of the asset, DeRace's NFT technology offers something new to the industry simply by generating unique assets that users can trade, generate, and utilize in a game to earn coins. NFT also ensures the authenticity of each horse and allows for the breeding of new authentic horses. Finally, the DERC token serves as a fuel to the whole DeRace ecosystem. Besides, all in-game transactions on the platform are made exclusively for DERC, even if displayed in any other cryptocurrency or traditional currency. 

DeRace was founded in the first quarter of 2021. Adomas Juodisius is the CEO and cofounder of DeRace. Adelaida is the CMO as well as the cofounder of DeRace. Juodisius has good experience in software development. He has also founded software development and marketing companies like Media Bubbles.