Fanton Merges Fantasy Football and Blockchain, Leverages Telegram's Massive User Base
Summary:
Fanton has developed a fantasy football game integrated with Telegram to tap into its 800 million user base. The game features collectible NFT cards of renowned football players, with points earned based on their real-world performances. Teams are comprised of five players, and tournaments are organized around match days of major football leagues. Players can participate in tournaments by paying a fee, with 85% going to the prize pool and 15% to Fanton. Fanton recently joined the Cointelegraph Accelerator program and has over 350,000 users.
Merging the exhilaration of global soccer with engaging elements of Web2 promises a delightful introduction of Web3 to gamers. Soccer, often referred to as association football, takes the cake as the sport with the biggest fan following, connecting over 3.5 billion people globally. Tailored for these passionate soccer fans, the fantasy sports sector - an expanding system of digital sports leagues where individuals can build their teams - has escalated into a thriving $25 billion worldwide market. By harmonizing fantasy football with blockchain elements like NFT (Non-fungible token) cards, an accessible gateway to Web3 for the masses can be created. However, the complexity of existing platforms can deter rookies, and the absence of user engagement within these platforms negates the communal vibe of fantasy football.
Introduction of Soccer Celebrities as Collectable Cards
Fanton has engineered a fantasy football game that blends seamlessly with Telegram to leverage its solid user base of 800 million. The game presents NFT trading cards featuring renowned football players, scoring points based on real-world performances. The integration of Telegram with The Open Network (TON) blockchain enables users to utilize a noncustodial wallet straight from the Telegram application, facilitating the creation of virtual football teams and point accumulation based on the players' real-life achievements.
These virtual teams comprise of five key players: a goalkeeper, a defender, a midfielder, a forward, and a standby player. Points are scored depending on their real-life game executions, with actions such as goal scoring, assisting, and goal saving shifting the team's overall score.
Tournaments are planned around actual match days of prominent football leagues such as the English Premier League, Spanish LaLiga, German Bundesliga, Italian Serie A, and French Ligue 1. A special championship converging the significant matches from the top five European leagues, the famed Brazilian Championship, and the globally sought-after UEFA Champions League is also on the cards.
The tournaments demand an entry fee, with 85% constituting the prize pool and the remaining 15% going to Fanton. Winning teams are rewarded with TON coins and collectible cards. The rarity of these cards varies based on scarcity, establishing their value and uniqueness. Non-NFT cards are categorized as common, while NFT cards embrace rarity classes like rare, epic and legendary. The game is free to play, and common cards are freely offered to all interested participants. The rare NFT cards, however, must be purchased for participation in special NFT tournaments promising higher rewards.
Recently, Fanton joined the Cointelegraph Accelerator program, marking its presence with its clear-cut product generating considerable growth in user onboarding and revenue. The product's unconventional game-in-a-messenger structure, user-friendly onboarding, and potential to revolutionize crypto adoption through instant messaging platforms piqued the interest of the Cointelegraph Accelerator team. This successful platform has amassed over 350,000 users and recorded a monthly income exceeding $40,000. A dynamic team that calls Spain and Indonesia its home powers it, and successfully raised $300,000 in a pre-seed round held in February.
On October 27, 2023, Fanton marked its debut on Product Hunt, a platform that empowers users to discover and favorite new products. Fanton invites its fans to visit Product Hunt this Friday and show their support by upvoting the product.
Published At
10/27/2023 10:00:00 AM
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