NYRA Bets Holding Announces Partnership with Game of Silks

NYRA Bets Holding, LLC, a subsidiary of NYRA Bets, LLC, the official online wagering platform of the New York Racing Association, Inc., and Game of Silks, the online game connected to the real world of Thoroughbred horse racing, announced Wednesday a new partnership resulting in NYRA Bets Holding, LLC acquiring a minority equity ownership position in Game of Silks.

In addition to this strategic investment, the partnership establishes Game of Silks as the Official Blockchain Game and Metaverse Partner of NYRA. The agreement will enable the global horse racing industry to capitalize on the rapid growth of Web3 gaming through the Game of Silks, a top 10 sports-themed NFT platform on the Ethereum blockchain which boasts a community of more than 25,000 members.

“Game of Silks presents its players with a fascinating and entertaining challenge by gamifying racehorse ownership in a completely new way,” said Dave O'Rourke, NYRA President & CEO.

NYRA will utilize America's Day at the Races and Saratoga Live, the acclaimed national television shows produced by NYRA and broadcast on the networks of FOX Sports, to provide owners with the latest news, data and information on the Game of Silks metaverse. As the operator of Saratoga Race Course, Belmont Park and Aqueduct Racetrack, NYRA will accelerate the creation of digital versions of New York's premium racing venues in the Game of Silks metaverse.

For more information on Silks, visit https://www.silks.io/

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‘Non Fungible Thoroughbreds’ Are 2021’s Worst Holiday Gift On Purpose

Every year, kids around the world beg their parents to get them a pony for Christmas. But horses—especially Lexington, Kentucky's, world-class Thoroughbreds—are super expensive and a huge responsibility. There's got to be a better* way! 

Just in time for the Holiday Season, VisitLEX is offering up for sale a collection of Non Fungible Thoroughbreds,” 10 digital images that look absolutely nothing like the beautiful analog horses that actually live in Lexington, the Horse Capital of the World. 

For a fraction of the cost of a real pony, you can buy your little helper one of these pixelated square JPGs of something that looks vaguely equine. 

Just imagine the look on your child's face when they finally lay eyes on an 8-bit “OpenSea Biscuit,” “Man o' Snore,” or “The Ohio of Horses.” 

Tears of joy, anyone? 

Unfortunately, you can't ride these horses. Or pet them. Or feed them. Or, like most NFTs, do much of anything with them. That's because they're a completely computerized representation of a horse that exists solely on every child's favorite online ledger: the blockchain!** 

On the plus side, Non Fungible Thoroughbreds require no feeding, training, or upkeep of any kind.

As seen in this launch VIDEO, kids really appreciate the practicality.*** 

The VisitLEX collection of Non Fungible Thoroughbreds is available now at NonFungibleThoroughbreds.com. And proceeds from the auction will be donated to Old Friends Farm, a nonprofit organization in Georgetown, Kentucky, that provides a dignified retirement for real Thoroughbreds once their racing and breeding careers are over. 

“NFTs are definitely hot right now,” said VisitLEX VP of Marketing Gathan Borden, “but they're no substitute for the real deal. You might not be able to get your kids an actual pony, but that doesn't mean you have to disappoint them. You can give them an experience they'll never forget with a convenient, affordable trip to Lexington to see the finest Thoroughbreds in the world.” 

*Worse. 

**This statement has not been verified. 

***They definitely won't.

The post ‘Non Fungible Thoroughbreds’ Are 2021’s Worst Holiday Gift On Purpose appeared first on Horse Racing News | Paulick Report.

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Fasig-Tipton To Offer Cryptocurrency Payment, Rewards Services At Saratoga Sale

Fasig-Tipton, North America's oldest Thoroughbred auction house, will become the first Thoroughbred auction company to accept cryptocurrency as payment for equine purchases.

The company will offer the service at its upcoming 100th Saratoga Sale of selected yearlings, scheduled for August 9 and 10 in Saratoga Springs, New York.

To facilitate the payment of horses with cryptocurrency, Fasig-Tipton has partnered with Crypto.com, the world's fastest growing crypto app. Crypto.com Pay – the company's cryptocurrency payment solution for merchants – provides a secure payment platform for the world's estimated 220+ million crypto users.

Those that pay for yearlings with cryptocurrency at Saratoga will receive cryptocurrency rewards, courtesy of Swapp Protocol, the official Cryptocurrency rewards partner of the Saratoga Sale. The buyer of the most expensive horse paid for with cryptocurrency at the Saratoga Sale will receive 1 million SWAPP tokens, which are exchangeable for various fiat and cryptocurrencies.

Boyd Browning, President and Chief Executive Officer at Fasig-Tipton commented: “As Fasig-Tipton approaches its 100th Saratoga Sale, we are excited to partner with Crypto.com and Swapp to offer cryptocurrency payment and rewards services at our flagship yearling sale. Crypto.com has established itself as a flagbearer of security and privacy in the crypto world and Swapp is a forward-thinking company making innovations in the world of data security and monetization.

“Fasig-Tipton aims to be a forward-thinking member of the Thoroughbred industry and we are proud to be the first Thoroughbred auction company in the world to embrace cryptocurrency. Through these partnerships we will introduce individuals and parties that participate in the crypto space to the exhilarating world of horse racing for the very first time, and growing our sport is a priority of the utmost importance at Fasig-Tipton.”

Kris Marszalek, Co-Founder and CEO of Crypto.com said, “We feel very fortunate to have the support of Fasig-Tipton, one of the oldest and most respected brands in the horse auction industry. Our mission is to accelerate the world's transition to cryptocurrency, and we are excited to play a part in pioneering payment innovations in a century-old industry. Together with Fasig-Tipton, we have just taken a major step forward towards reaching our goal.

Tural Bayev, Founder and CEO of Swapp commented: ”Swapp is proud to be a part of the Saratoga Sale, which will bring together champions of the horse racing world with the future champions of data security and monetization. We at Swapp believe the road to mass adoption and inclusiveness in the crypto space starts with education, privacy and safety. Swapp is gaining mass adoption by displacing the bloated middlemen who are currently profiting off of your data and giving it back to the people.”

Founded in 2016, Crypto.com today serves over 10 million customers with the world's fastest growing crypto app, along with the Crypto.com Visa Card — the world's largest crypto card program — the Crypto.com Exchange and Crypto.com DeFi Wallet. Recently launched, Crypto.com NFT is the premier platform for collecting and trading NFTs, carefully curated from the worlds of art, design, entertainment and sports.

Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance, and independently assessed at Tier 4, the highest level for both NIST Cybersecurity and Privacy Frameworks.

Swapp Protocol is a revolutionary blockchain-based DeFi platform leading a movement to democratize the $1.2 trillion/year data industry by enabling consumers to start getting paid for their online data.

At the core of the Swapp business model is the smartphone app built for iOS and Android. The app enables users to, “install, authenticate and earn”, which allows 100 percent of the data monetization profits to flow back to the users.

Join the movement as Swapp levels the playing field of retail data by empowering consumers to truly “own” their data and enhance user privacy. As the AdTech industry shifts into a cookieless world, Swapp plays a pivotal role in providing the solution. Finally, the consumer will start being compensated for the data they are unknowingly giving away.

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