🐎Horse Market Overview

There are large numbers of prospective owners, who are willing to own horses. Unfortunately, they can’t afford and maintain a live horse. However, if they have the option to own an NFT horse and earn a real horse that will be maintained by others, they will definitely want to own both for themselves. Therefore, the Metahorse has a huge potential for success in the GameFi marketplaces.

The horses have a long and renowned history and has been enjoyed worldwide since ancient times. With millions of admirers and enthusiasts globally, they have maintained their popularity for centuries. Now a key element of multi-billion-dollar sport, its market shows no signs of bearish trends. Because it is one of the most popular spectators' sports, Horse racing attracts millions of people each year.

The global equine market has a total worth of $ 300 billion and is expected to grow significantly over the next decade. The experts have been monitoring, the market and as a conservative estimate, it is poised to grow by $ 139.52 billion during 2020-2024 progressing at a CAGR of 9% during the forecast period.