Fund Fantasy - The first affordable and fair fantasy gaming platform for enthusiastic fans
The online trading market is notorious for its wide variety of scandals and many allegations of fraud.
Due to the fact that it is one of the largest online markets, it stands out as one of the thirstiest markets for blockchain-based solutions. While most financial assets are traded on the blockchain, they are still not operational and streamlined, and the vast majority of traders at foreign exchange, stock and commodity exchanges are amateurs who buy and sell financial assets for the sole purpose of offsetting capital gains. .
Most retailers only hold financial assets to sell at a higher price and do not take advantage of the actual ownership of those assets.
A peer-to-peer, blockchain-based simulated-investing platform that relies on real market data will enable retail traders to continue to perform financial analysis for profit without the major counterparty risks that are currently involved. Supported by an ecosystem that encourages growth and new user acquisition, and based on a deflationary currency, the FundFantasy platform will revolutionize the online trading market.
What is the FundFantasy
FundFantasy is the first proof and fair fantasy gaming platform for financial enthusiasts, made possible by blockchain technology. Our platform enables trust-free and transparent gaming and is therefore a natural solution to known problems in both online trading and online gambling / gambling markets.
When the age-old sports betting industry unleashed a revolution by the rise of Daily Fantasy Sports, people were reminded of the fact that good ideas can change the world.
This is exactly what FundFantasy intends to do with the online trading market.
FundFantasy is currently testing its own Financial Fantasy Contest Platform, which simulates investments in financial assets in a fun, safe and responsible environment, free from conflicts of interest that plague both markets.
FundFantasy is currently testing its own Financial Fantasy Contest Platform, which simulates investments in financial assets in a fun, safe and responsible environment, free from conflicts of interest that plague both markets.
The problems
- The Gamer / Trader Dichotomy - In the world of financial investment there is almost no awareness of the gambling instinct of the trader / investor and therefore the concept of responsible gaming and self-exclusion does not apply
- The complexity problem with regard to risk management - Due to the nature of speculative investments, traders and investors must accept that there are risks and take measures to manage this.
- The Jackpot Problem - While some people act for gradual growth, others are looking for the "big profits" prospects
- The speculative bubble problem - Speculation is often associated with economic bubbles. We believe, however, that speculation is not the fault.
- The transparency problem - There is also a question of transparency that, as stated by Fonseca, Globerman & Trout
- The Conflicts of Interest Problem - As stated by Gary A. Varnavides, Associate at Sichenzia Ross Ference Kesner LLP
The FundFantasy solution
FundFantasy is an online social platform with peer-to-peer, demonstrably fair and simulated investment competitions, where users compete for prizes by creating the ultimate portfolio. Competitions vary in duration and can vary from 1 hour to a full year. Participation in a competition is done by:
- Buy a ticket and contribute to the prize pool of the competition. FundFantasy charges a fee of 5-10% of each match and the remainder is distributed among the winners as prizes, according to the model of the prize allocation. The fees are used for operational and marketing purposes and to fund the FundFantasy Prize Pool (FFPP).
- Create and send a portfolio. Users can choose from different asset classes when creating their portfolios, including stocks, commodities, cryptocurrencies and fiat currencies.
Highlights of the platform
- Completely transparent: all match details are in advance and can be viewed prior to the submission. Once the competition starts, users can view their portfolios and compare them with those of their opponents.
- Provides Fair: asset prices are based on accurate, publicly available data from known and respected financial data APIs. Portfolios are encrypted until contests are locked and start and are therefore inaccessible even for FundFantasy employees.
- Easy to use: very intuitive gameplay. Users allocate 1 million virtual US dollars to their long / short positions on the assets available on our platform.
- Social: users can create their own matches and invite their friends.
- Profitable: Users can participate in competitions with FundToken, BitCoin and Ether prizes.
- Low costs: FundFantasy only calculates 10% of each match.
- No actual ownership of financial assets
- No conflict of interest
- Responsible Gaming & Self Exclusion: users can limit and limit their own gaming behavior.
- Multiplier contests: users have the chance to win x2, x3 of the participation costs.
- Lottery prizes: Top heavy contests ensure that winners receive hefty prizes.
- Low entry thresholds: free matches are also available.
- Multiple entries allowed: users can create and submit the best portfolios they can think of.
- Much more fun!
Token detail
Hardcap 15 million USD, 56,000 ETH or 56,000,000 FUNDZ - whichever occurs first.
Token Distribution
Bonus schedule
- 25% First 8 hours: 25 February 2018 12:00 GMT - 25 February 2018 20:00 GMT
- 15% Next 24 hours: 25 February 2018 20:00 GMT - 26 February 2018 20:00 GMT
- 10% Rest of the first week: 26 February 2018 20:00 GMT - 4 March 2018 12:00 GMT
The FundFantasy platform
Our self-financed platform is already built and operational and the alpha version is planned for the coming months. Competitions are published in the lobby of the platform.
All details are in advance for users to investigate before they participate in competitions, including ticket price, prizes, prizes, date and duration, registrations and so on. Because the ticket prices are fixed, the participation risk is known in advance and is independent of market volatility.
roadmap
For information
Website: https://www.fundfantasy.io/en_US/
Whitepaper: https://www.fundfantasy.io/assets/pdf/Whitepaper_en_v1.3.pdf
Medium: https://medium.com/@FundFantasy
Twitter: https ://twitter.com/@Fund_Fantasy
Facebook: https://www.facebook.com/FundFantasy
Telegram: https://t.me/joinchat/EcNc01DCfiuSTkxWAXITWA
Ghitub: https://github.com/FundFantasy/TokenSale ANN: https://bitcointalk.org/index.php?topic=2579363
Whitepaper: https://www.fundfantasy.io/assets/pdf/Whitepaper_en_v1.3.pdf
Medium: https://medium.com/@FundFantasy
Twitter: https ://twitter.com/@Fund_Fantasy
Facebook: https://www.facebook.com/FundFantasy
Telegram: https://t.me/joinchat/EcNc01DCfiuSTkxWAXITWA
Ghitub: https://github.com/FundFantasy/TokenSale ANN: https://bitcointalk.org/index.php?topic=2579363
Profile bitcointalk:https://bitcointalk.org/index.php?action=profile;u=1816724
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