The current fantasy sports market is $18.3 billion in 2020, and it’s expected to grow at a CAGR of 14.2% to reach nearly $40.6 billion by 2026.
Though the industry is enormous, it is still plagued with various issues such as high entry fees, cheating, and deceit. But most importantly, it has still not adopted blockchain, which gives FanStroke a huge potential to revamp the fantasy sports industry & bring it on-chain.
FanStroke is a decentralized fantasy gaming platform built on NEAR Protocol, which offers players the ability to join and compete in fantasy sports leagues. Whether you’re a casual player or a hardcore fantasy sports enthusiast, FanStroke has something for everyone. The platform lets anyone participate in various leagues such as Cricket, Football, NBA Rugby, etc, and win prizes.
Players can either use NEAR or FanStroke tokens to join existing pools for various league matches. The platform will also provide support to track real-time stats and scores while engaging with other players in the community.
FanStroke gaming platform will be launched in two phases.
Phase 1 has two games that allow users to Play & Earn(P2E). The game requires users to deposit a minimal fee to participate, which is refunded back to the users if they don’t win. The Phase 1 games provide an opportunity for a large number of users to experience blockchain games without any loss.
FanStroke Market - A decentralized information markets platform that aids the markets in demystifying real-world events. Now predict all the events ranging from Cinema, Politics, Sports, Finance, etc. Inspired by Augur, PolyMarket & PancakeSwap Price Prediction.
- Yes/No Prediction (Will Chicago Bulls win today’s match? Yes/No),
- Price Prediction (What price will Ref Finance trade on May 3rd, 2022?)
Phase 2 is all about the FanStroke Fantasy Sports platform. The game will allow players to use NEAR or our native FanStroke tokens to participate in different pools with different prize money for leagues such as Cricket, Football, Rugby, and NBA.
Q2 2022 - Website development, DAO creation, Community building, Marketing campaign, Alpha Test Phase 1
Q3 2022 - Mainnet launch for Phase 1, Giveaway campaigns, Community boosting, Alpha Test Phase 2
Q4 2022 - Mainnet launch Phase 2, Giveaway campaigns, Community activation & Marketing campaigns