DeFiHorse

DeFiHorse, founded in 2021 and based in Mahe, Seychelles, operates within the blockchain-based gaming and NFT sector, specifically focusing on the horse racing metaverse. The company is led by CEO Mai Truong Giang, a Forbes “30 Under 30” Vietnam honoree with a track record of developing various companies. In December 2021, DeFiHorse successfully raised $5 million in a private funding round from several blockchain-focused venture funds, including Exnetwork Capital and BullPerks. An Initial Coin Offering (ICO) on December 23, 2021, raised an additional $300,000.

The business operates as a play-to-earn (P2E) and "tap-to-earn" metaverse e-sports game built on the Binance Smart Chain (BSC). It provides a platform where players engage with a cyberpunk-themed horse racing world. The core of the platform involves players buying, trading, breeding, and racing digital horses, which are represented as non-fungible tokens (NFTs). This structure gives players verifiable ownership over their in-game assets. The platform's revenue model is multifaceted, generating income through fees on transactions such as NFT horse sales, racing entry fees, and breeding activities. Additionally, the company conducts periodic sales of in-game assets.

The central product is the game itself, which features several key components. The horses are categorized into four distinct bloodlines inspired by Greek mythology: Chaos, Titan, Poseidon, and Heroic, each with unique characteristics and rarity. Players can race their NFT horses, participate in tournaments for prize pools, and breed them to create new, potentially more valuable offspring. A key feature is the "Horseverse," a digital world where users can own land, build stables, and even organize their own races, adding a layer of economic strategy. The native utility token, DFH, is integral to the ecosystem, used for all in-game transactions, including purchasing NFTs, paying entry fees, and staking for rewards. This creates a self-contained economy where player activity and skill can translate into real-world value.

Keywords: DeFiHorse, NFT horse racing, play-to-earn, P2E, metaverse game, blockchain gaming, Mai Truong Giang, Binance Smart Chain, DFH token, virtual land, digital horse breeding, crypto gaming, GameFi, tap-to-earn, NFT marketplace, cyberpunk, virtual horse, e-sports game, Exnetwork Capital, Coincu Ventures, BullPerks