Tips for Crypto Investors

Tips for Crypto InvestorsCryptoHorse is not a crypto-coin or cryptocurrency, it is Horse Breeding Game on Blockchain. Therefore, CryptoHorses are classified as non-fungible tokens or crypto collectibles. We have put this piece together for you to know the difference Cryptocurrencies vs Crypto Collectibles. The CryptoHorse blockchain game uses the ERC721 standard and Ethereum as a currency to play the game. Regulations in each country regarding cryptocurrencies are still unclear or undefined. It is best to familiarise yourself with your respective country’s laws and policies regarding cryptocurrencies. READ MORE

Now that we the groundwork covered, let’s Ride our CryptoHorses to the Moon! The game in its current format provides the following opportunities for Crypto Investors – users who want to make money instead of playing the game. Horses with a High Star rating is considered more valuable. Star Ratings are based on the horse’s attributes and genetic makeup. Star Ratings on horses can be requested in the CryptoHorse Discord channel. The Discord channel also provides insights by other members for playing the game. Stay informed on the latest development and discoveries of rare attributes.

There are 11 quality levels in the Star Ratings, ranging from 0.5 to 5+ stars, where 5+ stars are the highest. The majority of the horses (about 68 %) will have a star rating between 0.5 and 1.5. Horses with a 2-star rating account for about 10 %. Star ratings between 2.5 to 3.5 represent 15 %, whereas between 4 and 4.5 only account for 5 %. If you have a horse with a Star Rating of 5, you are very lucky as only 1.5 % of the horses in the game will have this Star Rating. The remainder of 0.5 % is considered as a 5+, are these our fancies as they are the most valuable?

As the rules for breeding is set, CryptoHorse is not gambling. The genetic makeup of each horse, assigned Jockey, and special items determines the winning chances of your horse during races at the racecourse. To increase your horse’s Star Rating, breed horses with high or rare qualities. The offspring can be sold on the marketplace or these horses can be used in races to increase your chances of winning.

written by

Dr. Oelof de Meyer

Image: Dr. Oelof de Meyer - The Crypto Collectors

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