If you’re interested in NFTs, here’s why you should add Silks Avatars to your portfolio

by James · October 26, 2022

Disclaimer: The Industry Talk section contains insights from crypto industry players and is not part of the editorial content of Cryptonews.com.

If you are interested in NFTs, the Silks avatars are necessary additions to your portfolio. Silk’s Avatars allow you to participate in the Silk’s ecosystem – a project that mirrors the thoroughbred horse racing industry that generates $11 billion annually.

Silke has combined the metaverse with real-life derivatives of thoroughbred horses. It is the first derivatives-based ecosystem that allows NFT holders to profit from the outcome of real-world events. If you own the NFT of a winning horse, you will be rewarded in Silk’s metaverse. First, though, you’ll need one of these Silks avatars to participate.

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Silk’s Avatars Championed by Bored Ape Yacht Club Holders

Silk’s Avatars consist of 10,000 NFTs released in two separate batches.

The first batch quickly sold out after some top-tier crypto investment firms rushed to buy the collection. As a result of the overwhelming demand for Silk’s Avatars, they quickly ranked in the top 10 sports NFTs on OpenSea. Nansen.ai even added Silk’s Avatars to their Gaming-50 NFT Index – one of the most respected indices in the NFT space.

You will also find some Silks avatars in the same wallet that have prominent NFT collections, such as Bored Ape Yacht Club holders and CryptoPunks.

One of the main reasons why Silks quickly gained momentum was the highly experienced team leading the project. Silks was co-founded by a highly successful entrepreneur, Troy Levy, the owner of Circle 8 Farms and CEO of Tropical Racing – a multi-faceted horse racing company specializing in horse breeding.

Furthermore, the CEO of silks – Dan Nissanoff – is a serial web entrepreneur who co-founded Portero, an online facilitation company. Portero is affiliated with top-tier companies such as eBay, which specialize in the resale of luxury goods.

Silks is sure to be a successful and thriving ecosystem with a strong team behind the project.

Last lot for sale and quickly sold out

The last batch of Silks Avatars is now on sale. This will be the last batch from the total 10,000 collection, with only about 3,000 NFTs left.

You can buy these Silks avatars for only 0.25 ETH.

Silk’s Avatars have a variety of attributes with varying levels of rarity, giving collectors the opportunity to profit from the NFTs.

In addition, your Silks Avatar gives you the following benefits:

Collect racing rewards in Game of Silks.
Access Silk’s metaverse in style.
Allows holders to mint one of the Silks Horses NFTs – required to start earning in game.
Gives owners a lifetime coin pass to the annual Genesis Yearling Sale.
Inherit a Sky Falls Genesis pack claim on lands in the metaverse 45 days after holding the Avatar in the same wallet.
Get access to exclusive experiences, giveaways and personalized events.

It also serves as your digital identity in the metaverse. The distinct properties collectively create a “coat of arms” on all the other NFT assets you own in the Silks ecosystem. These may include Silks Horses, Silks Land and Silks Stables you may own.

Get ready to serve in 2023

Silks is ready to open the doors of its metaverse in 2023 and will allow you to start earning. If you own one of the Silks Avatars, you can currently create one of your first Silks Horses NFTs.

Silks Horses are direct copies of thoroughbred racehorses. Around 20,000 yearlings (horses under two years old) are registered each year, and Silks will make derivatives of each of these annually.

Considering that the average auction price for these yearlings is $60,000, Silks Horses can eventually become extremely valuable assets – especially if your horse is skilled enough to win in his real races.

Buy a Silks Avatar today