FundFantasy is the first reliable fantasy game platform for financial fans, supported by blockchain technology. Our platforms allow unsafe and transparent games and are therefore a natural solution to well-known problems in the world of online trading as well as the online gaming / gambling market. When the old sports betting industry was revolutionized by the rise
Daily Fantasy Sports, people are reminded of the fact that good ideas can change the world. This is exactly what FundFantasy wants to do into online trading market. FundFantasy is currently testing its own Fantasy Finance Platform beta that simulates investments in financial assets in a fun, safe, and responsible environment, free of any conflict of interest that plagues both markets.
The solution: FundFantasy
FundFantasy is an online social platform featuring a peer-to-peer, provably-fair simulated investment contest where users compete for prizes by crafting a major portfolio. Contests vary in duration and can range from 1 hour to a full year. Participation in the contest is done by:
Purchase tickets and thus contribute to the prize reward. FundFantasy charges 5-10% of each contest and the rest is distributed among the winners as a prize, according to the prize allocation model. These costs are used for operational and marketing purposes and fund the FundFantasy Prize Pool (FFPP).
Create and submit a portfolio. Users, when creating their portfolio can select assets from different asset classes including stocks, commodities, cryptography, and fiat currencies. These user-submitted portfolios are ranked and ranked immediately after the contest ends according to their rate of return, which is calculated based on the price quotation from the established and well-established financial data API. Portfolios are encrypted from when they are submitted by users and are only published after the contest begins - in this way we solve asymmetric information problems that can occur when fantasy employees have access to the portfolio submitted by users; Such situations can be exploited by management or employees to gain an unfair advantage.
FundFantasy is a refreshing and new investment fantasy experience, and we are proud to be the people who introduce this new fantasy category to a decentralized economy.
The fantasy model has shown popularity and mass acceptance in the US as in the case of Daily Fantasy Sports (DFS).
FundFantasy creates a lost link between two popular markets by providing a safe, provably-fair, and simplified way to play the role of investment manager / investor, promotion, and win prizes in the first game of its kind.
FundFantasy Platform
The self-funded platform is built and operational, and the alpha version is scheduled to launch in the coming months. The contest will be published in the platform lobby. All details are upfront for users to be checked before entering the contest, including ticket prices, fees, prizes, dates & durations, entries and so on. Due to fixed ticket prices, the risk of participation is known in advance and is not dependent on market volatility. The asset price comes from a well-known and respected third-party financial data provider. Portfolios are encrypted from the moment they are submitted until the contest is locked and started, at which point they will be seen by the contest participants, making our contest proved - fair from top to bottom. Although the game revolves around financial assets, our platform does not purchase any financial assets on behalf of clients - relying only on market data to perform relevant calculations. As such, it is characterized by a much lighter attitude, lower opponent risk, full transparency, and an opportunity for higher payouts. Users enter the contest by purchasing entrance tickets and submitting their portfolios.
Contests vary in duration, size, asset class, and other variables. A decentralized smart contract will govern the entire process; deposits, ticket purchases, contests, prize payments and withdrawals are all done without human intervention.
Token Sale
The total supply of FundTokens will be 80,000,000 FUNDZ. The new issuance of FUNDZ is not possible. During the pre-sale phase, FundFantasy will receive payments from certain individuals or entities prior to the sale of tokens, at a negotiated price. FundFantasy reserves the right to change the price per token for a pre-sales customer. The amount of DanaTokens to be sold in presale is 4,000,000 tokens, which represents 5% of the total FUNDZ supply.
The token sales and corresponding token creation process will be organized with smart contracts running in Ethereal. Participants who are willing to purchase FUNDZ can do so by sending ETH to the designated address that will be published before the token sale. During the sale of public tokens, we will provide 56,000,000 FundTokens for purchase, which constitutes 70% of the total inventory of FundToken.
For more information, please visit;
Website: http://www.fundfantasy.io/
Facebook: https://www.facebook.com/FundFantasy
Twitter: https://twitter.com/@Fund_Fantasy
AUTHOR:Damkar58
Tidak ada komentar:
Posting Komentar