Fantasy Sports is a simulation of the computer generated results of random matches. Choose from different football matches, sports cars, tennis, horse racing and even dog racing. Each match lasts only 3-5 minutes allowing you to bet and win more!
Along with the increasingly modern development of the entertainment technology, betting houses offer fantasy sports to cater to bettors who have more fun choices at multiple levels, phù hợp với tất cả mọi người, make sure not to interrupt a moment in the long game. Fantasy sports are like your real sports match. Teams are based on real sports tournaments from around the world. In addition, commentary information is also provided to bring a complete game experience. Available all the time, the excitement of Fantasy Sports is never over!. You can bet on your favorite sports match 24/7.
Fantasy sports is a $7.22 billion industry, according to new research conducted by Ipsos Marketing for the Fantasy Sports Trade Association (FSTA) and unveiled June 20 at the 2017 FSTA Summer Conference in New York City. Additionally, the study revealed that there are 59.3 million fantasy sports players in the United States and Canada, a 3.3% jump from a year ago. This is the largest number of participants recorded in the 14-year history of the FSTA study. This shows the huge potential of this industry. And the project I'm going to say hereafter has grasped this opportunity and developed a more powerful platform based on blockchain technology.
ABOUT MYDFS
Even though the industry is really developing. But in the traditional platform it still has many problems. The first thing is that fantasy sports are not legally recognized in many countries. In countries that have recognized this industry, strict requirements for business licenses are very complex. The second thing is that users who participate in the platform must have very complex identity verification procedures such as identity cards, a social security number (SSN), a proof of residence,… The next issue is transparency in the game. The game manager can add any virtual product line in the middle of the game to control the data as desired and no third party stands out to be transparent to this. And the last issue is the deposit or withdrawal. Processing a withdrawal transaction can take up to 8 days, some places are not reputable they can refuse to withdraw and lock your account. This happens because there are many intermediaries involved in the payment process.
MyDFS has recognized these shortcomings in the traditional fantasy sports platform. And its purpose is to solve all above restrictions. MyDFS is a blockchain-powered daily fantasy sports platform. MyDFS runs on mobile devices and connects sports fans around the world in a transparent, easy-to-use manner. They have simplified the user experience to make the game enjoyable for players of all types. You can use MyDFS tokens to play, win, and exchange it for other cryptocurrency or fiat money. Moreover, they are pioneering player brokerage to let casual users to share prize pool with Pro Player. Currently, MyDFS already support soccer, hockey, American football, basketball and cricket.
Characteristics
- MyDFS is a daily fantasy sports platform that is activated by Blockchain all-in-one running on mobile devices..
- Users can invest in professional players on the platform and share their triumphs, all transparent and not complicated.
- Users receive instant winnings and deposits, no need to get involved in any intermediaries throughout the process.
- It uses MyDFS encoding to give access to users who come from all over the place, win and convert their tokens into other electronic or fiat money "within a music node".
- MyDFS makes the gaming process as simple and straightforward as possible, attracting more sports fans to fantasy.
HOW IT WORK?
On MyDFS platform, the first thing you have to do is login or register. Once completed, you will have an electronic wallet provided by the platform. There are many ways for you to earn tokens from the platform. If you do not have a token you can buy, you will get more if you buy in the ICO period. Once you've got the tokens, you can either sell them or earn extra by participating in the game's available platforms. You can easily check the game data and make sure it's not cheating by looking at the data on the smart contract. You can also find other Pro players and hire them and of course you will also get a commission if he wins. All of them are done automatically through smart contracts, and you can completely trust this.
WHO IS BEHIND MYDFS?
The team offers complete transparency which is a good thing. The major player behind the system is the CEO, Viktor Mangazeev. He has worked on several other popular fantasy sports systems like KHL as mentioned before. He also worked as a CIO on many other large companies that together boast more than $400 million in revenue. Other than that, there are several advisors on the team, many of whom are or were professional sports players like Alexander Hleb who played as a professional football player for Belaruse. The following is the information of some key members. The rest of you can see more details at their official website:
Core team
- Viktor Mangazeev - CEO: CEO of Desert, 2014-2015. This company built an AI-based recommendation service that’s used by large Russian information agencies and more than 100 major internet shops and service providers. Desert was later acquired by a large e-commerce company. CIO of IQoneholdings, 2012-2014. IQoneholdings was a large e-commerce holding made more than $400 million in revenue. Viktor implemented a strategy and unified organizational standards that cut IT costs more than in half without any loss of quality. And current is the CEO of MyDFS.
- Sergey Sheypak - CTO: One of the greatest JAVA developers in Russia, worked as Big data leader at Megafon, TOP3 mobile network operator in Russia. Certified Hadoop, Teradata developer. 10+ years in programming and working with big data and large enterprise projects.
- Anastasia Shvetsova - CMO: One of the most trusted PR and communications pros in the tech industry. Worked with Facebook, PayPal, Houzz and others. Her PR agency helps to lead the way for the best teams in blockchain and cryptocurrency: SingularityNET, Blackmoon Financial Group, Jibrel Network and others.
- Kseniya Ryazantseva - CMO: Kseniya has a vast experience in the industry, and was in charge of international mobile marketing in Mail.Ru Group, Appness and Mobio. She speaks fluent Chinese, and worked with Tencent, Baidu, NetEase, Alibaba Group and other huge Chinese publishers. She graduated from Moscow State University and studied Digital Marketing in Deusto University.
Advisors
PROJECT EVALUATION
Advantages
- The idea of the project is quite good. MyDFS is a fantasy sports platform where you can fully trust reliability and transparency. Also, the platform is easy to use, intuitive, beautiful and user-friendly interface that will definitely bring you a great experience.
- MyDFS owns a team of experienced founders, developers and consultants in the field of manager business, big data and blockchain technology. This is one of the factors that determine the success of the project.
- A streamlined user experience: For beginners, we offer gradual user onboarding that lets gamers master the game at their own pace. At the same time, hardcore gamers and fantasy sports pros would benefit from a streamlined, uncluttered interface and functional filters. We’ve done everything to make the user experience as clean and straightforward as possible.
- Fast user verification: Instead of going through complicated verification procedures, users can be authorized just by using the email and cryptocurrency wallet they automatically receive upon signup. We don’t have any limitations on countries, territories, or nationalities. Everyone can play on and use the platform.
- Decentralized and transparent gaming process: It’s easy for all players involved to check not only the validity of a game and its results, but by checking the smart contract that calculates the game results, to also validate how every point was scored.
- Fast, streamlined financial transactions: Transaction integrity is also guaranteed by using the blockchain, as every player has access to a full, anonymized transaction history. In case of any problems, it’s easy to find the source and fix the problem. It’s also convenient for investors. They get to monitor performance of the players they’ve invested in in realtime, get their winnings, and so on.
- Fantasy brokerage platform: Investors can easily monitor all the data on the players they want to invest in, and choose from the best performers.
- Safe and fast: Tokens let people get value in and out of the system way faster, and with far fewer complications. Smart contract records all terms and conditions in explicit detail, therefore making all transaction history fully visible and accessible to all relevant parties.
Disadvantages
The idea of the project is not unique. There will be competitors in technology and solutions such as: PokerSport, Dfantasy, DigitalFantasySport,…Hope MyDFS always hold the leading position as today.
CONCLUSION
The industry of fantasy sport is a massive industry that spends about $7 Billion USD a year. This is a very potential market. If you’re looking for a new platform that is ideal for play fantasy sport and runs on blockchain technology, then MyDFS is for you. It protects you from fraud and it simplifies all procedures to enhance your experience by cut out the middle man. The project is very well prepared from the technical and business side, with very extensive and transparent whitepapers and roadmap. Transcrypt received a very positive feedback from professional community and high rating from rating agencies. I found this project very excellent, and of course I would invest in it as a small contribution to the project. Join with me!
USEFULL LINKS
Website: https://mydfs.net/
Whitepaper: https://mydfs.net/docs/en/whitepaper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3125668.0
Facebook: https://www.facebook.com/mydfs.page
Telegram: https://t.me/mydfs
Twitter: https://twitter.com/@mydfs_net
Medium: https://medium.com/mydfs
Author:
Bitcointalk username: kld_hp
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1014734