Intel is Testing a Blockchain it Built With a Fantasy Sports Game
IT giant Intel is running an internal blockchain trial centered on a fantasy sports market. The proof of concept works by enabling the exchange of digitized assets that represent shares of different sports teams. Each contestant is given a set of shares, as well as a quantity of in-game currency called "mikels". Participants can then sell or trade the shares with the league or other players, with buyback offers for shares tied to the number of points scored by teams during games they win. At the end of the trial, the user with the most currency is declared the winner. The concept....
Related News
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.....
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....
Tech giant Intel has unveiled a new experimental distributed ledger platform dubbed "Sawtooth Lake". Code for proposed contribution to the open-source Hyperledger blockchain project was posted to GitHub today, along with an in-depth informational release that outlines the major planks of the initiative and offers a tutorial for implementing the code. The code was presented at today's Hyperledger technical steering committee meeting. Intel described Sawtooth Lake as "a highly modular platform for building, deploying and running distributed ledgers". According to the....
PRESS RELEASE. Unagi is shifting the way sports fans interact with their favorite sports clubs through their innovative free-to-play and play-to-earn fantasy sports game: Ultimate Champions. Live since April 2022, the company has shaken the industry with several trailblazing successes including:
Launching its fantasy football game with over 40 clubs, including the English Premier League powerhouse Arsenal FC
Registering more than 20K active users in only 30 days
Inking a pioneering deal with the EuroLeague, including 38 of the biggest basketball teams in Europe such....
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....