MyDFS - Fantasy Sports on the Blockchain


In a Nutshell

  •  Fantasy sports app powered by Blockchain
  • Create a dream team of real-life professional athletes
  • Blockchain ledger trust and smart contract ensure “fair honest play and the transparency of payments”
  • You create a virtual team of professional athletes, your virtual success depends entirely on the real professional athletes measure of success on a daily basis
  • “You earn points based on their performance in real-life tournaments”
  • The app used MyDFS tokens. MyDFS tokens are used to participate in fantasy games, secure winnings, purchase in-game content, and invest in other players in the platform (more on this later)

3 Distinguishing Features

  1. "Trust and Transparency"
    1. Safely and securely participate in fantasy sports due to the inherent trust from Blockchain technology.
  2. "Instant and Safe Payments Without Middlemen"
    1. Hassle-free on a mobile device anywhere you go.
  3. "Ability to 'hire' pro-players to win the fantasy league"
    1. The commentator from the introductory video on their website briefs us on "supporting fantasy athletes with tokens", essentially a form of investment with the possibility to gain real returns based on their success.
    2. This "player brokerage system" is MyDFS's potentially disruptive feature. Unlike other traditional fantasy infrastructures, such as ESPN, MyDFS introduces a seemingly unique player brokerage system. This exciting feature turns the tired fantasy sports approach into an accessible and refreshing investment opportunity, with considerably less risk than amateur gambling. You now have the chance to invest capital in a professional asset that is more likely to realize returns. 

About the Team/Project

  • MyDFS's current headline reads, "The $7 billion industry moves to Blockchain with MyDFS."
  • The team is holding a private token sale, raising approximately $3,000,000 to date. According to their ICO website (see web links below) their public token sale will commence this coming August 15th.
  • The MyDFS team label themselves as "Industry professionals". They say, “our extensive experience allowed us to fully understand the existing hurdles of the fantasy sports industry an overcome them by using modern practices an technologies.”
  • Their experience seems to manifest into a diverse collective background, ranging from other cyber gaming to working with tech-giants (Facebook and PayPal to name a few…).
  • They appear to be based out of the Republic of Ireland.

My Thoughts on MyDFS

  •  The investment aspect of MyDFS looks to be the game changer. For once, a fantasy app is allowing non-sports fanatics to enter the somewhat green market of fantasy sports. By allowing for casual players to invest in pro players who have extensive knowledge on sports, MyDFS is expanding the fantasy space to be labeled simply as another investment opportunity. People have yet another opportunity to diversify their portfolio, with very little capital required to participate. 


  •  The idea of a crypto currency as the underlying foundation for a fantasy sports app is certainly intriguing. With a secure and virtually produced coin, players should have more purchasing mobility within the game allowing them to spread out investments and efficiently allocate their money in preferable situations. Conversely, a fiat currency requires constant transactions in-and-out of the app through middlemen, such as Visa and PayPal, who charge fees and take time to process. Using MyDFS tokens instead, that purchasing friction is removed and players will focus more on the games and the fruitful opportunities the app allows. No more worrying about logistical steps that blockade from full immersion into the virtual wonderland that is Fantasy Sports!


To check out MyDFS's website and learn more about their exciting venture, head over to https://mydfs.net/!

Click the following to check out their token sale info: https://tokensale.mydfs.net/

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