How Does NFT Platforms Works For Fantasy Sports?

Posted by Olivia Smith on January 31st, 2022


Throughout the world, the love for Sports among people has been to the moon and back. The way they feel for their favorite sports is so deep. We all have our favorite sports. We may play the game nor love to watch our most liked players, playing the game.

Growth of the Fantasy Sports Market

In comparison to the United States, the UK has hardly 5% of the population participating, whereas the U.S. has about 10% of its population playing fantasy sports. ESPN Super Selector launched in 2001 for fantasy cricket and had 500,000 users during the 2003 ICC World Cup in South Africa. By 2017, there were 40 million fantasy sports players in India.

A 2006 study showed 22 percent of U.S. adult males 18 to 49 years old, with Internet access, play fantasy sports. Fantasy Sports is estimated to have a – Billion annual economic impact across the sports industry

NFTs For Fantasy Sports

Sports are an inevitable factor in our life from our childhood. The evaluation of the internet and the technology development in Smartphones made it much easier to play games. Fantasy sports, in particular NFT based fantasy sports, are gaining massive attention among the people. Fantasy Apps is the sort of game where the players are connected to a digital world where they can choose the desired players to form a team and play the matches. The players and the teams are termed as NFTs where the champions get rewards as NFTs. 

Sellbitbuy helps you in developing a robust NFT marketplace for fantasy sports that gives your users an elegant experience in augmented reality. Join Hands with us right now for NFT Fantasy Sports Marketplace Development.

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Olivia Smith

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Olivia Smith
Joined: June 5th, 2021
Articles Posted: 52

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