An NFT (non-fungible token) is a unique digital asset stored on blockchain as part of the Ethereum network. Each one is unique, and cannot be edited or duplicated. An NFT will contain some digital information, such as a photo, audio file, video or just data.
A chicken (Gallus gallus domesticus) is a domesticated flightless bird that originated in Southeast Asia. They are typically raised as a source of food, providing meat or eggs.
An NFT Chicken is what you need to participate in Chicken Derby. In Chicken Derby, you can race your chicken against other peoples chickens. Each chicken has its own stats and skills that it'll use to help it win the race.
If your chicken is good enough and you enter it into the right races, it may win. When your chicken wins, you win, as every race gives a cash reward to the top 3 finishers.