Review and analysis of ICO MyDFS (Fantasy sports is looking forward to you!)

in ico •  7 years ago 

Investments in ICO MyDFS

Official page

  

  • About the platform MyDFS
  • Challenges and benefits
  • Project development plan
  • Team of developers
  • We're in the press
  • Conditions of participation in ICO

 

And so friends, meet the world's first application associated with sports developed on the basis of BL Blockchain. As far as you know, the sports industry is a world of great money, excitement and pleasure.

Before you understand thoroughly in the project, first you have to understand what is Daily Fantasy Sports. So, using this platform, users create virtual teams of real players. After that, they play real games among the popular sports leagues. Thus, participants earn points for each effective action thanks to the created strategy. At the end, the winners share the prize pool

The paradox of phenomenal revolution.. It's all about MyDFS. The platform is created not only for fans of daily fantastic sports, but also for those who want to invest in professional players! Wow, that's not really cool!

Inside the platform everything is quite transparent, payments are made very easily, secured statistics and we have an integrated brokerage platform.

Mydfs blockchain development is a unique sports solution that brings together sports fans around the world with a transparent and easy-to-use interface

This online industry of fantastic sports experienced stable growth for several years. Statistics show that the annual income of the company is more than 7 billion dollars, and the number of users today is more than 59 million people and it is only in the United States and Canada. What can I say, ahead of you we will see excellent growth and is by far. This global audience is far from passive, but regularly invests finances in their fantastic strategies and transfers. We revealed the average statistics and found that the average expenditure in 2017, the user was about $ 556.

Initially, the entire market was divided into two main players, who are the first in the industry, namely, we are talking about DraftKings and FanDuel. Investors have been immensely happy, but in the future, these companies began to have serious technical problems, namely the presence of a small foreign competition, some monopolistic scandals and the failure to challenge the strict laws and rules, which are controlled by the business associated with the fantasy sports

Of course, not everything is smooth and MyDFS platform, as it also regularly faces many problems that can be overcome only by changing the industry itself. There are uncertain legal statuses, high marketing budgets, complex user checks, money withdrawal problems and complex interfaces and so on and so forth.. But everything is improving every day and there is a crazy prospect.

Tasks and advantages of the platform!

One of the main goals of the developers is to create a transparent and free platform in the field of fantasy sports. The ecosystem itself will solve the existing problems of the main industry and intends to overcome them using modern breakthrough technologies and modern business models.

The creators of the platform have tried and optimized every basic process and everything to make the ecosystem work super fast. Participants can freely play games, invest their own money or simply withdraw it. Henceforth an end is put to all the stories that lead to insider games, bots, or any other unfair practices, which abound in the existing games.

And there is not even an attempt to compete with existing companies in the industry, because it will still come time and the entire vector of attention will be directed to The mydfs platform. And all because the decentralized project focuses on transparency, using blockchain and smart contracts. Everything was done so that the participant of the system could freely trade players and get profit. 

All existing security problems, mydfs platform overcomes through the use of cryptocurrency tokens, the basis of which is based on ERC 20. Tokens, in turn, replace real money during gameplay, which already has a significant trust from users.

Mydfs ecosystem makes the whole gameplay as simple and clear as possible, so it attracts more and more fans of fantasy sports. What's so appealing about this platform?

1) a Very fast verification of the user. There are many different services, where the moment of registration is very tedious, but from now on future consumers of the network can easily pass this stage, only at the expense of e-mail and cryptocurrency wallet. In addition, there are no restrictions for countries, territories or nationality. Absolutely everyone can use the platform and enjoy the game.

2) thanks to blockchain technology and decentralized system, you can enjoy fast and reliable way of making deals. We must pay tribute to smart contracts and coins, which are used instead of Fiat currencies. Tokens, in turn, can be both sold and bought. It is important to note that they can still earn!

3) a Paradise for investors. Inside the platform there is a very lucrative offer for people who want to earn more. Instead of just playing, users will be able to use our brokerage technology. In the final part of this investment process, the participant can even share the result of his victory.

 

It is time to understand the process of this platform MyDFS, and so:

1. In the first step, you enable the MyDFS mobile app, and then the signal goes to the server service. All processing takes place at the expense of the smart contract.

2. Before you there is an item " Register or just log In"

3. Next, in the next step, all registered users link their existing Ethereum wallets together with game tokens using a QR code. After that, immediately follows the authentication of the wallet, and during the verification of all local data in turn are stored. These operations are aimed at ensuring that the user does not have to constantly repeat this procedure.

4. As for the user's wallet, its development, as mentioned above on the basis of ERC 20. It is this format that provides a convenient way to store tokens and use the move feature within the entire application. All security support through smart contracts

5. Next, the user can both buy and sell tokens using an application that is already connected to both the ICO and the Exchange smart contract, which in turn stores all data about tokens, including their transaction history.

6. This is followed by an ICO contract. What does that mean? A smart contract that allows users to buy tokens during the pre-sale and sale periods

7. Exchange contract. This smart contract connects users with exchanges and allows you to exchange tokens for other cryptocurrencies or simply increase your purchase.

8. Next is the stats of the contract, namely the smart contract, which is the record. Super, isn't it? Information about statistics can be used by all participants of the blockchain to verify all transactions. Statistics are also used by other smart contracts, namely, other contracts for the game, to in turn receive or simply store the data that is necessary for the calculation of the results of the game. In addition, the brokerage contract can also use statistics that will allow you to select the right player and track its effectiveness.

9.Game contract. Smart contract that records game data, namely the composition of teams, data about the player, all in-game actions or just the results of the game.

10. Sports data. We remind you that third-party providers have built data channels that will allow the platform to operate. These same channels in turn contain real data from the game conducted by the major sports leagues, which in the process is used to calculate the performance of the virtual team in the game.

11. Came the turn of the token MyDFS. He, in turn, is the basis of Ethereum, and is used for all securities transactions in the system.

 

What business model is laid down in the platform?

There is far more than one cash flow that is built into the system

1. Various entrance fees to the game. All the basic income just the same comes mainly from the fee for the gaming input.

2. Fee for premium features of the app. For example, there are options such as choosing a smart ruler or viewing other players ' lineups during the game, accessing leaderboards, private players and special competitions.. With the development of the platform will be added more and more different functions. 

3. P2p duels

4. Internal game purchases

5. Fee for exclusive content

6. The integration of the advertising company

Project development plan:

January 16, 2016-launch of DFS in Russia

20 February 2016 - launch of the app with the continental hockey League

November 7, 2017-uTrener app has received a gaming license in the UK

20 November 2017-Active MyDFS development

29 December 2917-MyDFS Investor ready

16 APR 2018 - launch of the Pre-ICO

March 12, 2018-Adding new features to MyDFS app

March 25, 2018 - the basic MyDFS gaming functionality is ready

17 APR 2018 - Accessibility MyDFS Investor Wallet

06 may 2018 - end of token sale during PreICO

May 21, 2018-launch of ISO

June 12, 2018 - the end of the ICO

June 12, 2018-MyDFS app is completely ready

13 June 2018-Start of active and public marketing and PR companies

June 13, 2018-the App is completely ready for the biggest football event

  

Team of leading developers and advisors:

You can get to know The MyDFS team here...

Say about us in the press:

Sell an apartment and buy mydfs tokens for the full amount?

About MyDFS Token

Walt is used for Nil operations, namely:

1) Participate in the games and get a win in the form of a marker

2) Plate with additional functions marker or in-game content

3) the Institute of other players on the platform

4) Token to other cryptocurrencies and Fiat money Converter

The basis of the drawings ERC 20

The total emissions of Token is: 125 000 000 MyDFS

On sale will delano: 50 100,000 100,000 tokens

The date of the pre-ICO: 16 April - 6 may

ICO date: may 21-June 12 

Hardcap: 40 $ 000 000

Softcap: $ 4 000 000

Cost of One MyDFS token: $1

Accepted currencies for the purchase of tokens: Ethereum, Bitcoin, Neo, jerk, ripple, ether classic, Bitcoin and Litecoin cash

More information about the platform can be found here..

Website / Telegram / Twitter / WhitePaper / BitcoinTalk

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I support this project to finish

Interesting project. I think it will be the counterpart to the project Pokersports

Заинтересовали проектом, спасибо вам за обзор, пожалуй присоединюсь и поучаствую.

Hello! I followed you, let's increase the power of Steemit together! I hope you follow me. I'm always glad to have a new acquaintance with good people! ;

Это просто мечта всех диванных болельщиков!

Such projects have not yet met this something new, thanks for the information!

Подписался и проголосовал!

Very interesting idea! I'm sure it will be in great demand!

Good article, I'm very interested in this project, I will participate! Thanks for the info)

i like to play fantasy football