Silks Review 2026: NFT Horse Racing Tied to Real Races

Silks, also called Game of Silks, is a web3 platform that mirrors real-world thoroughbred horse racing. Players hold NFT horses and metaverse land and can earn rewards linked to how real horses perform. It began in 2021.

The pitch is a 'derivative' form of gaming. A digital horse follows the bloodlines and racing record of an actual racehorse, so the owner has a stake in real results without owning the animal.

Reports say the project raised $5 million in October 2023 and more than $10 million overall. One report says more than 7,000 Genesis Avatar NFTs were created, priced at about $125 each at the time.

A legal notice from April 2025 alleges that the project sold unregistered NFT securities. The project's homepage could not be checked, so its current operating status is unclear.

Silks links digital assets to real thoroughbred racing. A player owns an NFT horse that mirrors a real racehorse, using data on that animal's bloodlines, development and racing results. When the real horse performs well or breeds, the owner earns rewards.

Rewards are paid in STT, the platform's native token. The project also describes staking and syndication mechanisms, where several players can share in an asset. Land NFTs on Ethereum represent plots in the Game of Silks metaverse.

The founder has said the aim is to tokenise every thoroughbred born in the US as a digital asset. How much of that has been delivered is not clear from the material reviewed.

Fees are not published in the material reviewed. They would appear in the marketplace listings, in Ethereum gas costs for transfers and minting, and in any platform terms for staking or syndication.

Buying NFTs on a secondary market normally adds marketplace fees and creator royalties on top of gas. Check these before buying.

No audit reports, custody details or team information are published in the material reviewed. One 2022 write-up noted the team was not doxxed on the website, though social links showed photos. Treat smart-contract risk as unverified.

A legal notice dated April 2025 alleges the project violated the Securities Act by selling unregistered NFT securities. These are allegations, and the outcome is not stated. Regulatory action could affect the platform and the value of its assets.

NFTs and STT can lose most of their value. Participants must be 18 or older, and anyone concerned about their spending on speculative or reward-linked games should seek support through a responsible gambling service.

Silks is aimed at NFT collectors and horse racing fans who want exposure to racing through digital assets, and who are comfortable with speculative tokens. It is not suited to anyone seeking stable returns or a clearly regulated product.