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Review on Footballcoin by David Olayide

Revainrating 4 out of 5

Footballcoin

Football is one the most widely recognized physical outdoor sport in the world and this means that the game generates quite a lot of backing. Millions of fans or even billions, all contribute to the worldwide nature of the sports. With the improvements of technology, various internet based platforms have developed different methods of further engaging football in various mediums. There are football betting platforms and also gaming platforms and well. We have an example of such a platform as Footballcoin which is a blockchain based fantasy sports game. FootballCoin, is a football manager game platform built on the blockchain technology using their very own in-built cryptocurrency XFC. Footballcoin aims to bring the advantages of blockchain technology and cryptocurrencies to Football Manager and Fantasy Sports users. Some features offered by Footballcoin includes anonymity and total control over the game assets. The project is set to build a strong and healthy game cryptocurrency economy. Naturally I at first thought to myself that the two worlds of football, and cryptocurrency are two different and separate things. But then coming across a platform like Footballcoin which serves as a merger interface really helped me to see how they can actually be related together. User’s can create teams and play games in relation to the real life event. Users can also earn XFC coins and other cards which are collectibles that can be kept or sold off. XFC FootballCoin is the digital asset token acting as in-game currency. XFC has a limited supply of 1 billion. There’s a circulating supply of 600 million coins. XFC can be transferred freely between players both in and out of the platform. Basically, as a user of the platform, you can spend the money you earn inside the game, but can also transfer it to other users or exchange it for bitcoin or traditional fiat currency in any of the cryptocurrency markets we have around. You can check out WhiteBIT.



Pros
  • XFC coins can be traded on third-party websites
  • Anonymity and control over assets
  • Footballcoin served as a merger platform for football gaming and cryptocurrency
Cons
  • None that I have discovered of the project