zkRace
ZERC
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
zkRace (ZERC, formerly DeRace) is a Web3 horse-racing GameFi platform with severe traction, liquidity, and governance deficits. A data gap exists in Active Development (scored -1.0) due to search cross-contamination and an empty official website excerpt, so this section was excluded and its weight redistributed. In Community Support (2.0/10), the project exhibits a minimal on-chain footprint with around 1,350 holders and negligible organic activity. Tokenomics (4.0/10) reflects a fully vested 120M supply with no remaining unlocks, though 43% was insider-allocated and liquidity remains sparse. Market and Use Case (2.0/10) is constrained by a >99% drawdown from all-time highs and minimal daily volume. Team and Governance (3.0/10) suffers from anonymous leadership and absent decentralized governance despite an orderly past rebrand migration from DERC. Security and Audit History (4.0/10) notes a May 2025 CertiK audit of the bridge contract with 0 critical issues, though 1 major centralization finding remains acknowledged rather than resolved; no hacks or exploits were identified. With an overall weighted score of 3.1/10 and profound market illiquidity, ZERC presents elevated structural risks.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About zkRace (ZERC)
zkRace (ZERC), formerly known as DeRace (DERC), is a Web3 horse-racing GameFi and NFT platform that completed a token migration as part of a project rebrand. Developed by W3Forge, the platform features smart contracts deployed across multiple networks, including Ethereum, Base, Polygon, and BNB Smart Chain. The project is designed around virtual horse racing and gaming mechanics utilizing the ZERC token within its ecosystem.
The tokenomics of ZERC feature a fully circulating, capped supply of 120,000,000 tokens with no remaining vesting unlock events. The original distribution allocated 43% of the supply to private investors and the team. The project operates under centralized management with an anonymous leadership team, and it lacks a decentralized autonomous organization (DAO) or active on-chain governance framework.
zkRace faces considerable market and structural challenges, including a price drawdown exceeding 99% from its all-time high. The token experiences severe illiquidity, negligible daily trading volume, and maintains a small on-chain footprint of roughly 1,350 holders on Ethereum. In terms of security, a May 2025 CertiK audit of the platform's bridge contract identified zero critical issues but reported one major centralization and privilege finding that remains acknowledged rather than resolved. No smart contract exploits, protocol hacks, or regulatory enforcement actions are on record for the project.