FundFantasy is a gaming platform for financial fans on 25.01-25.02.2018
What is the FundFantasy project?
FundFantasy is. the first fantastic gaming platform for financial fans, supported by blockchain technology. Our platform allows for dangerous and transparent games, and is therefore a natural solution to the well-known problems in the world of online trading and the online gaming market.
FundFantasy is an online social platform offering a simulated, peer-reviewed, fair trade competition where users compete for prizes by creating a large portfolio. Contests vary in duration and can range from 1 hour to a full year. Participation in a competition is carried out by:
1. Buy tickets and thus contribute to prize giveaways. FundFantasy charges 5-10% of each contest and the rest is distributed among the winners as prizes, according to the award model. These costs are used for operational and marketing purposes and are used to fund the FundFantasy Fund (FFPP).
2. Create and submit a portfolio. Users, when creating their portfolio, can select assets from different asset classes, including stocks, commodities, cryptography and fiduciary currencies. These user submitted portfolios are classified and filed immediately after the end of the contest based on their rate of return, which is calculated based on the well-established and well established financial data API quote. Portfolios are encrypted from the moment they are submitted by users and are published only after the start of the contest - this solves the asymmetric information problems that can arise when fantastic employees have access to the portfolio submitted by the users. users; Such situations can be exploited by management or employees to gain an unfair advantage.
FundFantasy ecosystem
it is. Because our platforms and games are the first of their kind, there is currently no active direct competitor. Our users share common characteristics with users of the following types of platforms:
+ Online Dealer-Dealer
+ Daily Fantasy Sports
+ Poker sites
Online
+ Online Casino + Online Lottery
+ Sports betting website
Our platform is for fantasy players and online merchants. Our users will be:
1. Merchants who want to take the time out of the hustle and bustle of everyday life, and want to play a fun and simplified version of reality, with a fixed level of risk and an opportunity for high payouts
2. Players who want to play new games, and who want to try their economic analysis skills, or who want to become familiar with the world of investing, playing simulated versions while competing with FundToken, BTC, ETH and other prices.
This blockchain technology platform will be useful for those who like to play crypto awakening and win at the same time, simply by collecting digital money and predicting their behavior. The more you do, the more you win on this platform. Why is it profitable to use it: because everyone will be completely transparent, open, not betting or betting. This FundFantasy intends to make in the online trading market.
It is an online public platform, where there is fair competition, based on investments and other assets, where participants compete against each other by creating a portfolio of products, stocks and cryptocurrencies. Sometimes they can go from an hour to a year. You must participate in the competition:
To buy tickets, which will be paid at the overall prize of the contest fund. The project will take 5-10% of the cost of each contest, and the rest will be divided among the winners according to the prize distribution model. The costs are used for operational and marketing purposes, as well as funds of funds for financial funds (FFPP).
You must create and present your portfolio. Participants may include stocks, commodities, cryptocurrencies and fiat currencies. Submitted by the user's portfolio sorted and graded, as soon as the contest ends with a rate of return calculated on the basis of established and well-established data exploitation quotas. Bags that are encrypted from the moment they are downloaded by users and publications just after the start of the contest - so asymmetric information issues.
Refreshing FundFantasy and new investments - a fantastic experience, and they are proud that the introduction of this new fantasy category to a decentralized economy.
Platform
FundFantasy
The self-financing platform is built and operational, and the alpha version should be launched in the coming months. The contest will be published in the platform lobby. All initial details for the user to check before entering the contest, including ticket prices, fees, gifts, dates and duration, entry and so on. Due to the fixed prices of the Notes, the participation risk is known in advance and does not depend on market volatility.
The price of the assets comes from a well-known and respected third-party financial data provider. Encrypted wallet from the moment they are submitted to the locked contest and started, how well they will be seen by the contest participants, making our contest proved - just from top to bottom.
Although the game revolves around financial assets, our platform does not buy financial assets on behalf of clients - but only rely on market data to make relevant calculations. As such, it is characterized by a much lighter attitude, lower counterparty risk, total transparency and higher payment opportunities. Users enter the contest by purchasing entry tickets and submitting their portfolios. Contests vary in duration, size, asset class and other variables. A decentralized smart contract will govern the whole process. deposits, ticket purchases, contests, prize payments and withdrawals are made without human intervention.
Market test and validation
Our alpha version has been successfully tested with more than 100 users. Surveys conducted between users indicate that:
1. + 46% will play regularly on FundFantasy
2. + 31% have fun and will probably play once a week
3. + 14% prefer to trade / invest in old fashion
4. + 9% "do not like financial goods"
More information can be found on this link:
WEBSITE: https://www.fundfantasy.io/en_US/
MEDIUM: https://medium.com/@FundFantasy
TWITTER: https://twitter.com/@Fund_Fantasy
FACEBOOK: https://www.facebook.com/FundFantasy
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AUTHOR:Persijadays
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