Krida Fans: The World’s First Skill-Based NFT Fantasy Football Platform

Published on: 28.06.2023
Krida Fans: The World's First Skill-Based NFT Fantasy Football Platform

Introducing KridaFans, a Game of Skill where you create a team of real players for an upcoming match and compete with other fans for big prizes. 

Krida.Fans is a Next Generation Blockchain Based Fantasy Sports Platform built on the blockchain with a built-in In-Game NFT Marketplace and Community Platform. Krida Fans brings the best of the Fantasy Sports and NFT Ecosystem in one place while creating a decentralized, community driven and transparent blockchain based fantasy sports platform.

Krida Fans offers its users the ability to access their reputation scores across multiple blockchains, an in-built platform for users to interact with one another, lower transaction costs and instant settlement. It leverages the participants skills to create scarcity instead of # of cards minted (other blockchain based fantasy sports) or no scarcity (centralized fantasy sports).

Some of the key features for Krida Fans include:

  • Low entry barriers for high rewards: Ability to earn the same rewards at a fraction of the costs/investments vis-a-vis other fantasy sports platform.
  • Play More, Win More: Get incentivised with $KRIDA tokens for playing and supporting the platform, regardless of ranking on the leaderboard
  • Skills Based Scarcity: Democratized access to players’ cards however scarcity created over time based on how effectively a participant uses these cards.
  • Community Platform: Interact with other community members, share tips and insights using the inbuilt social platform.
  • Multi-chain Community Reputation: Earn non-transferrable community reputation NFTs and access them across blockchains.
  • Community Governance: Vote using $KRIDA tokens for platform decisions such as scoring mechanisms, player additions, league additions and much more.
  • In-game NFT marketplace: Mint in-game NFTs and trade on the platform.
  • Stake & Vary Prize Pool: As an access token, users may stake $KRIDA tokens and obtain exclusive terms/rewards only available to $KRIDA stakers. Participants staking $KRIDA can earn different winnings or unique rewards compared to non-stakers, but for the avoidance of doubt they will still need to play and participate and achieve the same scores in order to be entitled to these exclusive rewards.
  • NFT based Card Games: Create sub-communities to play card games using the In-built functionality for NFT based card game.

 

Token Utility

The native cryptographically secured fungible protocol token of Krida Fans (ticker symbol $KRIDA) is a transferable representation of attributed governance and utility functions specified in the protocol/code of Krida Fans, and which is designed to be used solely as an interoperable utility token thereon.

 

Every football player in the competition, hosted in Krida Fans, can be bought a card in Krida Fans by you. This will be your own card and can be traded or burned later if you wish.

 

Learn more about Krida Fans:

Website | Twitter | Discord | Whitepaper

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