MYDFS
The online fantasy sports industry has experienced stable growth every year, topping more than $7 billion of annual revenue, generated by more than 59 million users in the US and Canada in 2017 alone. It’s not just user base that grows, but also their spend on fantasy league-related costs, single-player challenge games, and league-related materials. For example, the average fantasy player spent approximately $556 on his or her sport in 2017.
At the same time, fantasy faces a multitude of challenges that can only be overcome by changing the industry itself. There are uncertain legal statuses, high marketing budgets, complicated user verifications, money withdrawal problems, and complex interfaces, just to start. The market is mainly split between two main players who pioneered the industry, DraftKings and FanDuel. Investors were surely appreciative when they did it, but these companies now have serious problems that include badly balanced marketing budgets, little external competition, a number of monopoly scandals, and the inability to challenge the tough laws and regulations that control the business of fantasy sports.
MyDFS doesn’t try to compete with industry leaders, but redefines the industry itself.
- MyDFS adds maximum transparency by using the blockchain and smart contracts for every part of the platform, from player trades to receiving your winnings
- MyDFS overcomes legal issues by using ERC-20 Ethereum-based cryptocurrency tokens. These replace real money in the game, meaning people from all over the world can play without worrying about the game’s legality.
- MyDFS makes the gaming process as simple and straightforward as possible, attracting more sports fans to fantasy.
Features
- MyDFS is an all-in-one blockchain-enabled daily fantasy sports platform that runs on mobile device.
- MyDFS simplified the user experience to make it enjoyable for players of every caliber.
- It uses MyDFS tokens that enable users in any country to play, win, and exchange their tokens for other cryptocurrency or fiat money in a flash.
Technical Info
Token Specifications
Token Sale Supply: 25 Million
Total Supply: 125 Million
MYDFS Roadmap
- January 2016 - uTrener DFS launched in Russia
- February 2016 - Kontinental Hockey League app launched
- December 2017 - MyDFS token holder functionality is ready.
- March 2018 - MyDFS basic gaming functionality is ready.
- April 2018 - Pre-sale starts. MyDFS token holder wallet is publicly accessible.
- May 2018 - Pre-sale finishes.
- June 2018 - MyDFS app is ready for release right before the largest soccer event. Beta version is available in AppStore and Google Play.
- October 2018 - Intensive public marketing & PR campaign starts. Token sale starts.
- November 2018 - Token sale finishes.
$100,000 - 15%
$500,000 - 25%
MyDFS token basic price: $1
Pre-sale start price: $0,7
Pre-sale hardcap - $3,000,000
Crowdsale softcap - $4,000,000
Crowdsale hardcap - $20,000,000