A project that has just made a tremendously large splash in the crypto world, after already having made waves with its NFT sales, is Silks. The metaverse project, which is focused on the real world of thoroughbred horse racing, has managed to secure a partnership with the New York Racing Association (NYRA) and FOX Sports.
The partnership between Silks and NYRA and FOX Sports is a broad one, offering benefits to all parties involved. Silks will be prompted heavily by Silks becoming what is believed to be the first Web3 application to be supported by a government-affiliated organization.
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