Blogs

August 14, 2024

Everything You Need to Know About The $HRSE Token

Learn more about $HRSE - the token of the next-generation loyalty platform The Winners Circle.

‍A next-generation loyalty platform and racing fan community, The Winners Circle is a community for horse racing fans that intertwines the thrill of the sport with the potential of blockchain technology.

The Winners Circle offers advanced opportunities such as discounts on racehorse ownership syndicate shares, becoming a manager in a fantasy prediction game, governance voting on crucial team decisions, and more.

These opportunities are supported by blockchain technology to deliver unprecedented value to fans and to reward them for their support.

About the $HRSE token

The unique rewards and opportunities for engagement provided by The Winners Circle are enabled by its native token, $HRSE. 

$HRSE is your passport to The Winners Circle ecosystem, secured by the Zilliqa blockchain and engineered to foster fan engagement and loyalty.

Owning $HRSE grants access to the immersive features of The Winner's Circle in horse racing, encompassing various perks such as discounted event tickets and merchandise. Furthermore, this token serves as a means to reward members for their active participation and engagement with the platform's prediction and fantasy horse racing games.

$HRSE Token Utility

The Winner's Circle enhances fan involvement and commitment by offering exclusive opportunities to $HRSE holders, including:

  • Reduced rates on shares within racehorse ownership syndicates.
  • Opportunities to meet Racing League jockeys and attend open days at the paddock.
  • Discounted tickets for live racing events.
  • Reduced prices on Racing League merchandise.
  • Participation in prize draws for unique experiences.
  • Assuming a managerial role in our fantasy prediction game.
  • Engaging in governance voting for critical team decisions.

$HRSE token holders will be able to take on the role of a Racing League team manager in the platform’s fantasy prediction game, competing based on their racing expertise to earn $HRSE rewards.

This encourages active participation on The Winners Circle platform, offering fans the opportunity to earn tokens that they can use to unlock exclusive access and unique experiences.

$HRSE Tokenomics

The tokenomics of the $HRSE token aims to deliver sustainable growth and utility for holders. The $HRSE token has a total supply of 500 million tokens.

The token distribution for $HRSE is as follows:

  • Public Round - 18%
  • Liquidity - 10%
  • Zilliqa Team - 16%
  • Racing League Team - 16%
  • Fan Rewards - 20%
  • Marketing - 20%

We are actively collaborating with centralised and decentralised exchanges to list the $HRSE token, which will open up more opportunities for both investors and users of The Winners Circle platform.

The $HRSE Initial Dex Offering (IDO) will see 20% vested at the token generation event with 8% vested per month from months three to twelve following this event.

Powered by the Zilliqa Blockchain

Underpinning the Web3 functionality of The Winners Circle and the $HRSE token is the Zilliqa blockchain, renowned for its scalability, security, and efficiency.

Zilliqa is a layer-1 blockchain protocol designed to enable low-cost, high-throughput Web3 applications at enterprise scale, delivering a scalable and reliable platform for the future of fan loyalty.

$HRSE is a fungible token secured by the Zilliqa network, allowing it to be freely traded on supported exchanges or transferred to compatible wallets. 

Leveraging Zilliqa's cutting-edge technology, The Winners Circle ensures seamless transactions, robust security protocols, and unparalleled user experiences as it offers a unique fan experience for horse racing enthusiasts worldwide.

In the ever-evolving landscape of horse racing, The Winners Circle stands as a beacon of innovation, ushering in a new era of fan engagement through Web3 technology. 

With $HRSE as its cornerstone, this revolutionary loyalty programme empowers enthusiasts with exclusive benefits, gamified experiences, and unparalleled access to the world of horse racing.