Football fans are some of the most devoted sports lovers.
The FIFA World Cup just ended and it drew in a TV audience of over a billion people. This isn't a unique occurrence but a standard.
While the world cup may have ended, the sport's fans remain engaged with football related activities on nearly a daily basis. There was a time when the options to enjoy a sport were to either play it or watch it, but that is no longer the case. Technology allows people to interact with their favorite sports in many new ways, and one such way is fantasy sports games. Despite the novelty of fantasy sports, they have attracted a substantial player base. Millions of football fans have adopted fantasy football games at a rapid base.
A fantasy sport is an online game in which a player acts as team manager. The player has to assemble a team of players that are going to be playing in real upcoming matches. The players’ performance in the real match allocates points to the fantasy league players. The winner is the one who managed to assemble a fantasy team that included the players who performed best in the real match.
Fun and Money
While the love of the sport is a major factor in drawing people to fantasy sport, the rush of winning also plays a part, especially when winning equates to monetary gains.
A lot of fantasy sport participants are now involved in competitions in which the best assembled team is given a prize pool. The prize pool is fueled by the competition’s entry fees. The current market players that provide the platforms for supporting fantasy sport competitions function as primarily centralized entities. Fantasy sport competitions are entirely p2p competitions and a more player-centric ecosystem would improve the game’s experience. To make this a reality, an existing fantasy sport platform, Football-Stars, is integrating blockchain technology into its current system to make the competitions truly p2p.
Football-Stars is tokenizing its platform because it has properly recognized that much of the interactions taking place on its platform are value-additive. However, the current state of the internet only allows information transfer. Thus, Football-Stars is integrating blockchain technology to bring token-based interactions, via the STRYKZ token, on to its platform. The result is that it can now build the most player-centric fantasy sport game ever.
- Players will be able to host competitions on their own and this will allow the competitor creator to take in a portion of the acquired maker’s fees. This ensures more money stays within community hands the and thereby extends the longevity of the amount of money that flows into the competition. The competitions will be based on the STRYKZ token.
Fantasy sport players dedicate several hours every week to keep up with game statistics and this allows them to acquire a wealth of knowledge about recent game events. Players who provide valuable content on the platform will be able to earn STRYKZ tokens. Thus, the token incentivizes the community to interact with each other more frequently.
The token even allows the building of a community. High-ranked players will be incentivized the new-comers in the community as they could earn STRYKZ tokens for helping the new-comers.
Wrap-Up: The integration of blockchain technology into the Football-Stars platform allows the tokenization of p2p interactions. This makes way for the most player-centric fantasy sport game ever.
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