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First, you need to understand what exactly this decentralized platform is and what is the principle of the work of its own token.The Fantasy Cricket Fan Token (FCFT) is at the center of an incentivized, blockchain-enabled sports community and gaming ecosystem. FCFToken aims to become the biggest gaming token on the planet - and they are well on their way to becoming so.
Daily Fantasy Sports (DFS) and online gambling are flourishing industries. The global online gambling market is anticipated to be valued at more than 92.9 billion U.S. dollars in 2023. The current size of the market is almost 59 billion U.S. dollars, meaning the size is forecast to almost double in the upcoming years.
The mission of the project is as follows: Fantasy Cricket Fan Token (FCFT) mission is
to deliver the world’s biggest incentivized, blockchain-enabled sports community and gaming ecosystem.
FCFT’s token principal distributional partner Smart Bet Zone offers the following existing business attributes to FCFT business model:
Established Business;
Global Presence;
Strong Growth Potential.
The obvious superiority of FCFT is as follows:
Larger user base: The FCFT allows users from all over the world to participate in live sports entertainment, be rewarded, and receive instant payments regardless of location. Once decentralized, it is anticipated to help significantly grow our user volumes based on current site traffic alone.
Bigger prizes and better odds: Accessibility of FCFT increases global liquidity, which in turn leads to larger prize pools and better odds. Changes in the FCFT valuation may influence the value of winnings and support the growth of the FCFT economy.
Incentivized user network: Users are rewarded with FCFTs for performing certain actions or activities including but not limited to signing-up, depositing, referrals, sharing, and gifting. Increased trust and transparency: A blockchain-based gaming platform provides increased trust through the documentation and immutability of all transactions. This assists the FCFT in providing players with an unparalleled level of transparency, making it effectively tamper-proof and fully auditable.
Reduced transaction fees: Transaction fees are driven by various intermediaries in the fiat financial system, who charge a premium to process “high risk” game-based transactions. Transactions that occur on a decentralized blockchain do not require third-party intermediaries or centralized institutions to verify or facilitate a transaction. By removing the many middlemen that “clip the ticket”, and replacing them with a single utility token and blockchain facilitated transactions, costs can be significantly reduced. This will allow for increased prize pool payouts and improved odds.
FCFToken’s vision is to make it accessible by the crypto community through blockchain by integrating any BEP20 Token with this platform. It is starting with FCFT Token on this platform.
Contact Info:
Name: FCFToken
Email: Send Email
Organization: FCFToken
Website: https://fcftoken.com
Release ID: 89025421
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