Mercury (Hobart)

‘UNICORN’ IS FIRST

- JOHN STENSHOLT

FORGET the traditiona­l Melbourne Cup, The Everest or Cox Plate. The hottest thing in racing now has thousands of events on a virtual floating track daily and is streamed by millions of viewers around the world, all powered by the blockchain.

It has celebritie­s such as Mike Tyson and Paris Hilton as owners of virtual horses, which – just like physical thoroughbr­eds – are bred, bought and sold.

And it is all the work of an Australian start-up Zed Run, which in less than two years has its parent firm Virtually Human Studios quietly reaching the coveted $1bn “unicorn” valuation status.

Zed Run is a digital horse racing platform. The business marries old-fashioned horse

 ?? ?? Zed Run co-founder Rob Salha with VRC chairman Neil
Zed Run co-founder Rob Salha with VRC chairman Neil

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