Silks Secures $2 Million Funding To Develop The First-Ever Thoroughbred Horse Racing Metaverse

Game of Silks (Silks), the first-of-its-kind derivative play-to-earn (P2E) metaverse featuring derivative NFTs, has successfully secured $2 million in funding. This fresh capital injection comes just weeks ahead of the Kentucky Derby and the upcoming launch of Silk’s first NFT collection. Tropical Racing Inc., a premier thoroughbred horse breeding and racing company, is among the many companies offering strategic and financial support to the Silks project. Troy Levy, the CEO of Tropical Racing Inc. and the co-founder of Game of Silks, explains, “The transaction announced today with Game of Silks represents a unique opportunity for Tropical Racing and our shareholders. We’re optimistic that this partnership has the potential to accelerate Tropical’s growth, while also introducing the thoroughbred horse racing industry to the next generation of sporting enthusiasts.” The Silks team is also preparing to launch its first-ever NFT offering called the Silks Genesis Avatar Collection on April 27, 2022. Silks Avatars will represent a user’s unique identity and ownership of their in-game assets within the Silks metaverse, making them a critical component of the Silks ecosystem. Users can gain early access to Silks Genesis Avatar Mint via the Silks website or obtain whitelist access through Silks Discord prior to the sale. Thoroughbred Horse Racing Arrives In The Metaverse At its core, Silks is an immersive, skill-based, and innov...