Fantasy Sports Turn Lucrative as Players Earn Cryptocurrencies and NFTs for Playing on Polysports

Polysports, a Web3-based fantasy sports platform that allows sports fans to enjoy their favorite pastimes in a Web3 environment, is a major upgrade. Blockchain-driven ecosystem provides transparency, fair play, and earning opportunities that are not available in traditional Web2 environments.

As the industry’s multibillion-dollar fantasy sports market continues to grow, it is in need of innovation. It has remained unchanged for too long without meeting the needs and wants of its users. The majority of Web2 fantasy sports platforms use a standard template. Users are required to compare their fantasy teams with their peers during the league season or tournament. The lack of transparency and traceability means that participants are vulnerable to manipulation in terms of winnings, results, or participants.

These Web2-based fantasy sports platforms are largely mechanical and boring, and they lack interactivity and user engagement features.

Fantasy Sports Players: How to address their concerns

Polysports, a blockchain-based Web3 fantasy and NFT metaverse platform, brings transparency and accountability. It also offers a multitude of features that focus on user engagement through interactive games and events and DeFi-enabled earning possibilities. The platform promotes Daily Fantasy Sports (DFS), a form of fantasy sports that allows players to choose an event and the time they want to play. The use of blockchain technology, as well as Polysports’ token, for transactions within the ecosystem, allows for meticulous record-keeping, which is easily verified and ensures complete transparency.

The platform users have peace of mind because the NFT and DeFi features integrate seamlessly. This allows for better earning and rewarding opportunities than on traditional platforms. Polysports allows for fan engagement between brands and sports clubs through NFT drops and special events, as well as rewards and other privileges. Polysports, which makes all this possible through web3 adoption, is not only solving long-standing industry issues but also pioneering entry to the metaverse of fantasy sports.

Polysports will give winners a boost

Polysports makes it easy to participate in fantasy sports and earn rewards. The platform is designed to provide a seamless user experience. Users can sign up free of charge and quickly put together a team. Every account on Polysports comes equipped with a crypto wallet that can be used to fund the platform’s utility token. Users can choose an event from the list and deposit to fund their account.

Users will be rewarded for their activities on Polysports by receiving utility tokens, which continue to accumulate in their wallet. To increase their rewards, token holders can use the DeFi platform’s farming and staking features to further enhance their earnings. Users can receive enhanced reward payouts, staking yields, and additional benefits such as a reduced participation fee, loss coverage, and other campaigns.

Owners who earn and hold Polysports NFTs can unlock more opportunities. They will be invited to special events and receive additional reward payments. You can also use the Polysports NFTs to access future play-to-earn games titles. NFT owners will be able to sell or trade their digital assets through the Polysports NFT Marketplace.

NFT Marketplace will provide Creator’s Space as well as Fan Engagement Solution

The Polysports NFT Marketplace offers a community a place to buy, sell, or auction NFTs. The marketplace will host a variety of digital collectibles from top sports teams, brands, and event planners, as part of their fan engagement or revenue-generation initiatives. The Polysports NFT marketplace allows anyone to create NFTs and make them accessible to the community. Users who have been awarded NFT rewards by participating in airdrops will be able to trade their NFTs on the marketplace.

Coming Soon…

Polysports has many exciting things in store to offer crypto and fantasy communities. Soon, the much-awaited DFS Android (and iOS) apps will be available to all. The launch of the app will closely follow that of the Polysports token IDO and the first NFT airdrop.

The community will also benefit from the new staking and farming contract, Polysports webapp, and an entirely revamped ambassador program.

Polysports

Polysports, a fantasy sports and NFT metaverse platform, aims to bridge blockchain with billions of sports enthusiasts around the globe. Polysports allows users to create their own teams, compete and trade Player stocks, while also connecting with their favorite sport stars in metaverse. Polysports’ DeFi feature allows users to earn through yield-generating activities such as farming LP tokens, staking tokens, and NFTs.

Disclaimer: This article is intended for informational purposes only. This article is not intended to be used for legal, tax, investment or financial advice.

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https://cryptodaily.co.uk/2022/03/fantasy-sports-turn-lucrative-as-players-earn-cryptocurrencies-and-nfts-for-playing-on-polysports