ONE sILKS GENESIS AVATAR = ONE SERIES 1 DELIVERY PASS

Post Time: September 29th, 12pm EST

88D : 88H : 88M : 88S

SILKS SERIES 1 DELIVERY PASS

The current horses for sale in Silks represent the real thoroughbred racehorses that have sold in some of the most prestigious auctions in the world. Each Genesis Avatar is given a Delivery Pass at the start of each season that can be used to purchase a random horse from the season's yearling collection.

Yearlings are young horses, with no races under their saddles and will grow and get stronger as they mature. As the real-world horse matures, so will your horse, in the Silks metaverse. This crop of talented yearlings can begin racing as early as the 2023 season.

Your horse is a real horse*

*You never have to shovel sh*t

Silks
Horse

Sentient Smoke
Name
Sentient Smoke
You
Owner
Some rich dude
$500
Purchase Price
$62,000
$21,000*
Race Earnings
$512,327
8 Wins*
Race Record
8 Wins
$2M*
Stud Earnings
$27M
0.0 Tons
Sh*t Shoveled
2.4 Tons

*Our lawyers told us to share that these are hypothetical figures that you can’t rely on 😉

Real
Horse

You can win before your horse ever races...

Pinhooking

After a yearling is sold, but prior to its first race, there may be significant volatility in the value of the horse. There is a robust market of bloodstock traders that buy and sell racehorses during this period to capitalize on this volatility. This activity is referred to as pinhooking.

The Silks metaverse will track all available public data relating to the development and productivity of every racehorse in Silks and make the information available to everyone playing Game of Silks. This will empower community members who want to track and study this information to participate in pinhooking in Game of Silks.

You can win when another owner’s horse wins

Stabling

Stabling is the act of housing a racehorse on a farm. Stabling allows you to share in the collective racing rewards of the other racehorses in the same stable as your horse.

This also means that when you sell a stabled racehorse, you're not just selling the horse itself, but your share of the potential earnings of the other horses stabled with it. This brings a whole new dimension of value when buying or selling a racehorse.

You can win by sharing ownership in your horse with others

There are also myriad ways to lose

Bad luck, bad decisions, force majeure...

There is a high degree of risk associated with purchasing and owning a racehorse, even a digital one.

Because Purchasing a racehorse can be a risky endeavor. The more you understand how to diversify your risk, the better your odds at being successful.

You can’t build a dynasty without horses, so purchase your yearlings now!

FAQ

What are the details of the 2022 Genesis Yearling Sale? +

The Silks 2022 Genesis Yearling Mint began September 29th, 2022 and will conclude December 31st, 2022. The mint price was $500 USD from September 29th, 2022 until October 3rd, 2022. From October 4th, 2022 until the end of the mint on December 31st, 2022 the mint price is $750 USD.

How many horses are being sold in the 2022 Genesis Yearling Sale? +

The 2022 mint consists of up to 10,000 yearlings, the majority of which have been sold in verifiable public sales, including those sold by the top auction houses. Horses sold as yearlings in public sales after the commencement of the mint will be added to the 2022 yearling mint collection when the data becomes available. When this occurs, the catalog will be updated and the community will be made aware of the new additions. If players reveal their yearling prior to a catalog update, their horse will be randomly assigned from the then-current selection of yearlings in the catalog. To view the catalog visit https://www.silks.io/racehorses, and click “Silks 2022 Catalog”.

How do I purchase a horse? +

There are four ways to purchase a Silks racehorse: (1) Mint an unrevealed horse during the 2022 Genesis Yearling sale (2) Purchase a revealed or unrevealed horse in a secondary marketplace (i.e. OpenSea) (3) Purchase a revealed horse during one of the Silks live auctions (4) Purchase a revealed horse in the Silks marketplace after the 2022 Genesis Yearling mint ends

What do I need to purchase a horse? +

To mint an unrevealed Silks racehorse you will need to own a Silks Genesis avatar that has not used its 2022 mint pass. You can check the mint pass status by going to https://www.silks.io/racehorses, click “Track Avatars” and input the id of the avatar you own or are considering purchasing. The tracker will show you if a horse has been minted or if it is still available to mint. NOTE: The avatar must be held in the same wallet you are minting the horse to. Horses can be minted using: (a) A MetaMask wallet with a sufficient ETH balance; or (b) With a credit card through Venly. To purchase a horse which has already been minted, you can use a MetaMask wallet and any cryptocurrency accepted by the seller or the marketplace you are purchasing it from. NOTE: You can purchase a minted horse without a Genesis avatar, but you will not be able to collect any rewards.

Where can I buy a Silks Genesis Avatar? +

At this time you can only purchase a Genesis avatar on a secondary marketplace (i.e. OpenSea).

How do I know if an avatar has already been used to mint a horse? +

You can check if an avatar has already been used to mint a horse by going to https://www.silks.io/racehorses, click “Track Avatars” and input the id of the avatar you own or are considering purchasing. The tracker will show you if a horse has been minted or if it is still available to mint.

When will I be able to reveal my yearling? +

You will be able to reveal your yearling around the end of October 2022.

When will my horse start racing? +

Yearlings are eligible to race as two year olds. Theoretically some yearlings are eligible to race as early as January 2023. In practice, the yearlings that train well enough to race will begin racing in the Spring of 2023.

Can I purchase a horse without cryptocurrency? +

(a) If you own a Silks avatar you can mint a horse using a credit card through Venly. Click the Venly button at the bottom of this page and you will be taken to the Silks Venly page. (b) You can only purchase a horse on the secondary market with cryptocurrency at this time.

What happens if there are unminted horses when the sale ends? +

On January 1, 2023 any unminted horses will be minted, revealed and will either be auctioned or listed for sale in the Silks marketplace.

Is there a limit to how many horses I can purchase? +

There is no limit on the number of horses you can purchase on the secondary market. You can only mint one horse for each Genesis avatar you own.

Does my horse need to live in a stable? +

Yes. If you do not own a private farm, you will need to stable your horse either in a public farm or in a community farm.

Can I share ownership of my horse with others? +

Yes. You may choose to syndicate your horse by selling fractional interests in it. Silks makes it easy for you to sell Partnership shares in your racehorse to as many as nine other individuals. When syndicating a racehorse it is converted from a single asset to ten assets, each representing a ten percent fractional interest in the racehorse. The person who holds the Governance token will control all the decisions pertaining to a racehorse, including which farm it resides in.

Choose which Genesis Avatars you would like to mint with

1 Silks Genesis Avatar = 1 Silks thoroughbred racehorse Mint Pass

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You can't own a racehorse without racing silks!

In order to purchase a racehorse you must own an eligable Silks Genesis Avatar. (We have added one to your order)

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A random "Common" avatar has been added to your order. In order to proceed with the order you must own a Silks Genesis Avatar. One the order is made, the avatar may take up to 24 hours to be seen in your wallet.

BENEFITS & UTILITY OF A SILKS GENESIS Avatar

  • Its distinct combination of colors & patterns creates a one-of-a-kind "crest" that represents your dynasty in Game of Silks and decorates every asset you own...
  • Allows you to collect racing rewards in the Game of Silks.
  • Provides you with a lifetime mint pass for the annual Yearling sale.
  • Holders will receive a fully functional 3D character that can navigate the Silks metaverse.
  • As Game of Silks evolves, Genesis avatar holders will gain access to exclusive experiences, giveaways, and IRL events.

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