Journey & Impact Of Fantasy Sports

in fantasysports •  3 years ago 

Fantasy Sports As its name suggests you indulge in the sport you love and nothing comes close to managing a team and choosing the players in your team. But with this comes many side effects that bother the fan.

From sleepless nights to mood swings, choose between Kohli and Sharma or Hazard or Sanchez. Life is not that much fun and comfortable anymore. The time you used to spend with your friends is now the time to make the right choice.

What happened after that is even worse. Now you are not really worried much about your team's victory. It revolves around your players. Players you choose and players who are performing, making a century or scoring a goal, or helping the team to win.

The Evolution of Fantasy Sport Market

But the excitement and testing of prediction skills and sports knowledge are what makes these concepts worth it and there is a strong reason why these games have evolved in a big way. From being a game operating on a few websites, the fantasy sports market has grown into a big business, with 8-10 big platforms emerging.

The growth of sports fantasy has been exponential in the last five years, The player base of these games from grown from a few thousand to millions and even more.

The addictive nature of these platforms and the fact that it provides a chance for anyone to prove themselves better than a friend in managing teams or even in a large group make users a bit aggressive. However, it is not the prob that doesn’t have a solution.

The second major aspect is the increase in the game base and games that anyone can play. These platforms expanded their coverage and now it covers from Worldcups to state-level games.

Impact of Blockchain Technology

The entry of blockchain-based projects and NFTs also helped the market to grow further. Blockchain made data management and reward distribution more efficient and also improved security and trust. Additionally, NFTs ensured that people get engaged with the activities more frequently.

With blockchain cryptocurrencies also get instant entry in this market and they made transactions faster and eliminated mediators and some taxes. It also made reward distribution hassle-free.

More for users

Overall, fantasy sports greatly impress the user and make him more excited for a sports game than the game alone. Now with the advent of live fantasy gaming in action, one can only imagine what is going to happen when it will not only be the day but also the game that will leave the user to prove their credentials and earn worthy rewards. If anything, it all sounds great future for the fantasy sports market.

These platforms are providing an open mic to everyone who has talent and knowledge to shine and get rewards for all their skills and knowledge. People are earning with their knowledge and participating in various global events.

If you want to know about one such platform is Doxy, it is a blockchain-based fantasy sports platform. That allows users to trade in sports and show their knowledge to the world. It provides unlimited opportunities and a fair reward system that will keep you engaged and excited. Check the official website and start trading.

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