Know Your Crypto # 09: DFS Coin -- A Blockchain Based Decentralized Platform For Participating In Daily Fantasy Sports Industry !!

in #cryptocurrency7 years ago

If you're a sports enthusiast or a sports lover, then you must have known about the Daily Fantasy Sports. But there are many people out there which knows very little about sports and none about daily fantasy sports, for those people I am trying to briefly explain fantasy sports as well as about the DFS Coin.

What Are Fantasy Sports?

Fantasy sports is actually a virtual manifestation of real sports. A person will select players using a Fantasy Sports website account. These players will be selected on the real statistics basis of real players in real sports. For example, if you choose to play football and choose 'Lionel Messi' as one of your players, then in virtual game, the statistics of player will be same as of 'Lionel Messi'. 

Now, after selecting the players and making a complete team, you will have to compete against others player's team in respective sports. If your team wins the game, then you'll be rewarded the specific amount of money for that game, if you're playing for money. If you're not playing for money, then your rank will increase after each victory. 

Who Can Participate In Sports Fantasy?

Well, anyone from any field having a little to no knowledge of sports can participate in Daily Sports fantasy. But if you're playing for money, then you must have knowledge about the game you're playing. 

You can compete against your friends, or complete strangers all around the World. That's the beauty of Fantasy Sports.

Now, Let's have an overview of DFS Coin & How It Can Help You Earn Some Handsome Profit 

Now, Fantasy sports have become a Billion Dollar industry participated by Millions of users all around the World on daily basis in order to earn a handsome amount of money. There are two major websites or companies which provides top notch services in Sports Fantasy named Draftsking & FanDuel. 

But there is a concern, for every player playing for money, these websites only hold 10% of commission but out of that commission the majority of part goes to the payment transfer companies like Paypal, VISA or Mastercard which reduce the profits of these websites as well as higher charges do imposed on each transaction by players. 

So, in order to solve this problem and providing a clean yet highly effective platform for Fantasy sports where no extra fees will be imposed as well as website's revenue will also be increased, the DFS Coin have been established.

DFS Coin is a Blockchain Based decentralized platform which allows it's users to compete with each other, for money or ranks virtually, using cryptocurrency i.e. DFS coin for only a minimal charge of .001 DFS per transaction while grabbing the opportunity to earn hugely after winning several games. 

In this manner, DFS platform will grow exponentially as well as Player's profitability will also get increased while they only have to pay very low commission for each transaction.

Where Can One Participate In Daily Sports Fantasy Games?

DFS team have a website named DraftDaily, where one can simply make a free account and start set-up a team and competing against hundreds of users in any game of their choice.

DraftDaily also provides a wallet where one can transfer DFS coins from exchange and can use those coins for participating in each competition as an alternative of money. All the transactions will be done in DFS coin on Daily Draft Platform. 

One can also earn referral bonus via DFS coins and also DFS coins can also be purchased for Bitcoins within DraftDaily website. 

This platform certainly solves the problem of risk, security, unfair commission rate within the Fantasy Sports Industry. The purpose of using Blockchain for Fantasy Games Industry have been successfully fulfilled by the DFS platform.

DFS Coins 

DFS Coins are the in-built currency of DFS platform which can be used for several purposes within the platform. One can also convert them into other cryptocurrencies and transfer it to exchanges as per their choice. 

On their website, DailyDraft, one can simply participate with only 1000 DFS coins in game whose reward pool consist of 450000 DFS coins. Although, for each sign-up each person gets free 1000 DFS coins in his own account. 

DFS Coins has a total supply of 210 Million out which 42 Million have already pre-mined. 

DFS ICO got concluded recently and currently the coin is successfully trading at Coinexchnage.io

Currently DFS coin is trading at 560 satoshi's for each coin and rising in value as we speak. 

Conclusion

Well, to be honest, for all the Fantasy Sports Lovers, the DFS coin platform can really be highly lucrative, providing a good platform to earn a handsome profit with only a minimum transaction charge and a secured and reliable platform. DFS coin solves the problem of already existing platforms by introducing the Blockchain technology within it. This makes it transparent, hassle free and one of the best and economical platform to play the game of your own choice in virtual reality. 

Have a look on DFS Website to get to know more detailed information about their platform and monetary transactions. 

Thank you for reading ..!

DFS Coin Website: http://dfscoins.com/

Discord link : https://discord.gg/JSBgmVS

Draftdaily  Website :https://draftdaily.com/

Coinexchange.io : https://www.coinexchange.io/market/DFS/BTC

Nova : https://novaexchange.com/market/BTC_DFS/

GitHub link : https://github.com/NicoDFS/DFSCoin

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grqet work i like it
pls upvote ,y comment to help me

wow i'm on that thank you for sharing!

I will check this. Thank you @cryptonet