Authorities Going After Fantasy Sports Gambling, Blockchain to Step in?
If you’re a sports fan of any kind, then you’re probably familiar with the concept of fantasy sports. Advertisements by web-based prediction companies constantly bombard viewers during commercial breaks — you couldn’t get away from them even if you tried. It has become so bad that even some public figures have expressed their complaints about it, with....
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Innovation in Blockchain is making waves once again, this time in the industry of Fantasy Sports.The BTL Group announced its enthusiastic participation in a key partnership with Fantasy 6 Sports. The partnership is aimed at the development of a set of Blockchain tools and services created specifically for Fantasy Sports Corporations. The industry surrounding Fantasy Sports is quickly expanding. However, the need for the Blockchain services has been highlighted by recent scandals involving the trust, loyalty, and integrity of its players. Blockchain technology would create a buffer to....
In the wake of a clampdown on daily fantasy sports operators in New York State, Nevada and elsewhere, the benefits of Bitcoin are receiving attention once again as a potential deal-breaker. Fantasy sports players create sports teams, the success of which is measured against the real-life success of each athlete, and often bet money on this success. The....
PRESS RELEASE. TradeStars has launched “Olympic Torch”, the Mainnet of their Fantasy Sports Stock Trading Game, on 31st August, 2021.
TradeStars’ new Fantasy Sports Game allows users to trade Fantasy Stocks of world-class athletes, whose value is directly influenced by the real life performance statistics of the respective player. The Fantasy Stocks can be purchased using USDT for now; fiat payment gateways (for INR and USD) are on their way.
Fantasy Sports Gaming Today
Fantasy Sports Gaming has seen a steady rise in both popularity and....
PRESS RELEASE. Blockchain based P2E Fantasy Sports Game TradeStars has announced the launch of staking of their native token TSX. Users will now be able to stake their TSX tokens and earn more TSX tokens as rewards. TradeStars and TSX TradeStars is a P2E Fantasy Sports game built on Ethereum, where users can trade Fantasy Stocks whose value is directly influenced by the real-life performances of athletes. Sports enthusiasts can use their sporting knowledge to buy Fantasy Stock of players who display potential to be the stars of tomorrow, and enjoy significant upside on their investment.....
Cryptocurrency is a better choice for online betting on future events and sports. Popular fantasy sports betting platforms like DraftKings and FanDuel should consider Bitcoin’s lower transaction fees and quicker settlements, particularly after a major payout processor pulled its services, leaving these two companies high and dry. Online gambling grew....