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Ultimate Franchise Fantasy Sports – ‘You Own The Game’ a part of the Zilliqa community.
The world’s first fantasy sports eco-system provider where you own players, franchises, and auction rights as digital assets in form of NFT’s. You can become one of the very few in the entire world to own a pro hockey, baseball and basketball or football franchise on the blockchain. You can register up and coming players using Score coin (SCO) and then trade them on the marketplace or earn real prizes in fantasy games by making players scarce you can leverage unique asset ownership and make an already fun hobby even better.
Here is a video to break down how it works, it’s quite simple!
New to NFT's?
What are NFTs, and how do they work?
A non-fungible token (NFT) is a digital file checked as to its ownership and identity. This verification is carried out with the aid of blockchain technology. Simply put, blockchain technology is an un-hackable infrastructure focused on cryptographic mathematics. As a result, you'll hear a lot of "crypto" when it comes to NFTs — crypto-art, crypto-collectibles, and so on.
NFTs, or non-fungible tokens, are cryptographic assets on the blockchain with specific identification codes and metadata that differentiate them from one another. They cannot be traded or exchanged for equivalency, unlike cryptocurrencies. This is in contrast to fungible tokens, such as cryptocurrencies, which are similar to one another and can be used as a medium of exchange.
Working
Most NFTs are, at a high level, part of the Ethereum blockchain. Ethereum, like bitcoin and dogecoin, is a cryptocurrency, but its blockchain also supports these NFTs, which store additional information that allows them to function differently an ETH coin. It's worth remembering that other blockchains will use NFTs in their ways.
Importance
Because of how they revolutionised the gaming and collectibles space, NFTs have become extremely common among crypto users and businesses. A total of $174 million has been invested in NFTs since November 2017.
So, like digital trading cards, you get your own digital asset representations of your fantasy players. UFF Sports.
Why is the fantasy sports industry important and why is it so popular?
It has a global following. In each global sport, there are many fantasy leagues for each discipline. People love following real-world sports and they also like putting themselves in the driving seat. Playing along as if they were in charge as they effectively oversee their own team. Ownership and control are key for fantasy players. Sports betting is huge and has grown exponentially with the internet and technology. UFF Sports are bringing two worlds together with ‘Fantasy Sports’ and Blockchain technology within the crypto space.
What is the scope for growth in this field?
The very fact UFF Sports are bringing digital asset ownership in the form of NFT’s is unique. The fantasy gameplay provides utility to owning your NFT’s. Therefore, your NFT’s in the form of franchises and individual players are directly linked to digital asset ownership and growing these values. All the while having fun in the process.
What’s different about UFF Sports and other fantasy sports platforms?
Well, to start with it is the first of its kind. There is no one else within the Crypto-sphere offering what UFF Sports are. As far as they and many people are concerned, they do not have any direct competitors. The gameplay is a small portion of this massive project. Of course, it provides; utility, entertainment and is huge from an identity perspective following real-world sports into the fantasy league but ultimately, it is about owning the digital assets as NFTs and growing the platform. UFF Sports have lots of initiatives that we are planning such as legends leagues which brings the past and present together ensuring that the value of older players remains an asset as they become a legend when retiring in the real world. Who doesn’t love the idea of their favourite players becoming immortal!? Another monumental initiative UFF Sports plan is to bring all major sports teams and players into the blockchain by mirroring them 1 to 1!
How do people sign up and get involved?
Fans, ambassadors, scouts and franchise owners all need to head over to Blockchain Fantasy Sports | UFF Sports and you’ll be able to get all the up to date information you require. This platform offers betting, staking, news articles, stats and everything you need to know to get started. UFFSports are launching their own NFT ecosystem coin, SCORE Coin (SCO) which you will be able to use to make purchases within the ecosystem of Zilliqa.
The Upcoming Era of Crypto-Economy – The Future!
Regardless of whether the current NFT craze will maintain its momentum, NFTs have already accelerated a broader wave of digital economic innovation. NFTs also reported that the public is becoming more accepting of a crypto-economy and is willing to take short-term risks in exchange for new business opportunities.
NFTs have already made major inroads into the luxury and gaming sectors, and there is plenty of space for them to expand beyond these initial uses. In terms of fantasy sports, it will change the game! The art sector will continue to be a significant part of the overall NFT market, and it is expected to mature over the next few years. The Launch of the NFT ecosystem coin “score coin (SCO)” by UFF Sports would be a huge step towards the future of sports! The pre-sale for SCO starts on May 1st and ends on June 1st. 10 million tokens offered at.10c if those sell out, they’ll offer another 2.5m at .15c.
Conclusion
It goes without saying that we are really excited to see what’s in store for UFF Sports who are spearheading the Fantasy Sports market within crypto. A team that puts their name and face to a brand always gets my vote of confidence. There is no doubt that their innovation and early adoption of NFT’s is well regarded and has quite clearly shown that they are here to stay. They really are the first of their kind in the crypto space which enables them to effectively shape their future to the way they see fit. The enthusiasm from their team is shown throughout social media, YouTube and of course on telegram which again provides me with a lot of confidence. I’m personally looking forward to the release of their own coin ‘score coin (SCO)’ which we will be delving into with another professional’s review this week so be sure to keep your eyes peeled!
Thank you for reading the article, we hope you enjoyed it. If you would like to hear about our new gems first join our telegram group: https://t.me/ProReviewGems where we have a great community that actively discuss new gems in the crypto market.
This is not financial advice and we recommend everyone does their own research!
Thanks again,
Jordan
Useful links
Website https://www.uffsports.com/
Twitter: https://twitter.com/UFFSports?s=20
Telegram: https://t.me/SCOtokenlaunch
YouTube: https://youtu.be/OQgNEaM88Z8