Fun

OpenFPL - Fantasy Football League ON ICP

lichtblick - 2024-03-16 09:11:51

Hello, dear Hive Community


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What is Next On The NNS Launchpad?


There's an ICO coming soon to the NNS Launchpad that I'm interested in. OpenFPL is a fantasy football platform. I took a look at the white paper and summarized it very roughly. Below the article you will find a link to the full whitepaper.


OpenFPL


OpenFPL is a decentralized fantasy football platform built on the Internet Computer (IC) blockchain. It aims to be a more equitable and engaging alternative to traditional fantasy football games by offering features like community-based player valuations, customizable private leagues, and rewards for participation.


Here's a breakdown of the key points:


Vision:



  • To be the world's leading fantasy football game on the IC blockchain.

  • To provide a fair and rewarding experience for all users.

  • To have a positive impact on the football community.


Gameplay:



  • Users build fantasy teams by selecting players from the Premier League.

  • Points are awarded for various on-field performances.

  • Users compete for weekly, monthly, and annual rewards.


DAO (Decentralized Autonomous Organization):



  • OpenFPL functions as a DAO, governed by its token holders.

  • The DAO treasury is funded by various revenue streams, such as private leagues and merchandise sales.

  • Token holders can vote on proposals to improve the platform.


Tokenomics:



  • $FPL is the utility token of OpenFPL.

  • It is used for various purposes, such as rewarding gameplay, participating in governance, and purchasing merchandise.

  • The total supply of $FPL is capped at 100 million.


Marketing and Revenue:



  • OpenFPL plans to use a variety of marketing channels to reach new users, including online advertising, in-person events, and influencer marketing.

  • Revenue will be generated through private leagues, merchandise sales, content subscriptions, and advertising.


Roadmap:



  • OpenFPL has a roadmap of features planned for the future, including private leagues, mobile app launch, and content subscriptions.

  • The team is also exploring the possibility of integrating a 100% on-chain AI model for team recommendations.


Overall, OpenFPL is an ambitious project with the potential to revolutionize fantasy football. Its focus on decentralization, fair play, and community engagement makes it an attractive option for football fans around the world.


https://nns.ic0.app/project/?project=gyito-zyaaa-aaaaq-aacpq-cai


What do you think about that? Is this a promising project?


Here ist the full whitepaper https://openfpl.xyz/whitepaper


As always no investment advice

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