Problems targeted

Slow digitalization of the horse racing market

Horse racing is expected to become the leader of the sports industry bypassing the current worldwide market leader, football. Previous attempts to get horse racing digitized were well received by the audience.

But these approaches still don’t keep up with other spectator sports and there are many discussions that the horse racing industry needs to step further into the digital world. There is a huge demand for the digitalization of the horse racing market.

Corruption and fraud in horse racing

Horse racing has a long history of fraud and corruption. Injecting horses with doping, bribing jockeys to fail the races, race fixing, money laundering, tax fraud, and so forth. BBC's Panorama investigation and documentary The Corruption of Racing has exposed numerous secret files documenting over a decade of corruption in horse racing.

Blockchain challenges for GameFi

Numerous blockchain-based games face substantial hurdles with scalability, speed, and the cost of interactions on the blockchain. High traffic volumes can lead to potential downtimes, disrupting the seamless gaming experience players expect.

During such peak periods, gas fees can escalate dramatically, making every transaction significantly more expensive, assuming they can be processed at all.