Review on Fantasy Sports by Inioluwa Okedeji
DFS: The Amalgamation of the cryptocurrency world and the gaming industry.
Digital Fantasy Sports is a gaming platform that makes use of cryptocurrencies in its transactions, this includes bettings and predictions all done with digital currencies.
I am personally amazed by this innovation because it has successfully merged the cryptocurrency world with the gaming industry, This I believe will make gaming a lot more fun, thereby users and gamers will be motivated to play more because of what's at stake.
This innovation I believe will also draw more attention to the gaming industry, because now it can be seen as a source of income.
I know there have been games that allows users to earn digital currencies will while playing them, but I believe the DFS platform is different because it has its own DFS token and this puts it's users in control of their outcomes.
DFS network is based on the ERC 20 protocol this means that it is supported by the ethereum blockchain,
DFS tokens can also be supported on any platform that implements ERC 20 codes
DFS platform privacy policy allows you choose the extent to which users want to know their customers.
Users are opportuned to more earnings and better cashing out system.
DFS users have the opportunity of investing their winnings and making withdrawals without the interaction with any bots whatsoever.
Easy sign up process without the need for complicated verification processes.
DFS is not limited, it is widely available via the internet all over the globe.
DFS tokens are used as currencies for various games in the digital gaming network.
Currently ranked 1876th on coinmarketcap
It has a market cap of $198,456 USD
DFS circulating supply is 28,745,205 DFS
Its total supply amounts to 50,000,000 DFS
DFS token is not mineable because it uses a proof-of-stake algorithm as its underlying concept.
I believe a lot can be achieved with this innovative development of the coming together of the cryptocurrency world and the gaming industry.
Pros
- DFS platform offers a secured transacting and fast payment system
- It eliminates the functions of the exchange in the keeping of tokens.
- It offers low transaction fees
Cons
- Although the innovation is fantastic it is not popular because it is still at an infancy level.
