Last Updated on February 20, 2021 by cryptocreed
The online trading market has become a serious business where every investor or trader wants to invest and make money. Of course, the online trading market offers huge potential to make instant money and this is the reason more and more investors are heading towards online trading leaving other financial instruments behind. Another reason for this tremendous popularity of the online trading market is the availability of online trading services. With such services, investors and traders could trade in the Cryptocurrencies easily from anywhere in the world. Online trading could almost be done the whole day and such opportunities are made possible from online trading services.
Most retail traders only hold financial assets so as to offer at a higher cost and get no benefit from the genuine owner of those assets. A peer-to-peer, blockchain-based simulated-investing platform that depends on real market information will permit retail brokers to keep honing budgetary investigation for the benefit, without the major counterparty dangers that are presently involved. Bolstered by an ecosystem that propels growth and new client procurement, and in light of a deflationary currency, the FundFantasy platform will reform the online trading market.
FundFantasy is the primary provably-reasonable fantasy gaming platform for finance enthusiasts, controlled by blockchain technology. Our platform empowers trustless and straightforward gaming and is, accordingly, a natural solution to well-known issues in both the online trading and the online gaming/gambling markets. At the point when the age-old sports betting industry was reformed by the ascent of Daily Fantasy Sports, individuals were helped to remember the way that smart thoughts can change the world. This is accurately what FundFantasy expects to do to the online trading market.
FundFantasy is at present beta-testing its own one of a kind Financial Fantasy Contest Platform reenacting investments in money related resources in a fun, secure, and dependable condition, free of the irreconcilable circumstances which plague both markets.
Platform Highlights
- Fully transparent
- Simple to use
- Profitable
- Low Fees
- No actual ownership of financial assets
- No conflict of interests
- Responsible Gaming and Self Exclusion
- Multiplier contests
- Lottery-size prizes
- Low entry barriers
- Multiple entries allowed
The Problems
- The Gamer/Trader Dichotomy
- The Risk Management Complexity Problem
- The Jackpot Problem
- The Speculative Bubble Problem
- The Transparency Problem
- The Conflicts of Interest Problem
The Solution
Obtaining a ticket and accordingly adding to the challenge’s prize pool. FundFantasy ICO charges a 5-10% fee for each challenge and the rest is circulated among the champs as prizes, as per the prize portion demonstrate. The fees are utilized for operating and marketing purposes and also to subsidize or fund the FundFantasy Prize Pool (FFPP).
Creating and submitting a portfolio. Clients, while making their portfolios can choose assets from different resource classes including stocks, commodities, cryptocurrencies, and fiat currencies.
The Platform
The fundfantasy self-funded platform is now fabricated and operational, and the alpha version is scheduled to be launched in the coming months. Contests will be distributed in the platform’s lobby. The majority of the subtle elements are forthright for clients to look at before participating in contests, including ticket value, fees, prizes, date, and duration, entries et cetera. Since ticket prices are fixed, participation risk is known ahead of time and is independent of market volatility.
FundTokens
The aggregate supply of FundTokens will be 80,000,000 FUNDZ. New issuances of FUNDZ are impractical. Amid the pre-deal stage, FundFantasy ICO will accept payments from select people or entities before the token sale, at a negotiated price. FundFantasy reserves all authority to change the price per token for pre-sale customers. The aggregate sum of FundTokens to be sold in the presale is 4,000,000 tokens, which constitute 5% of the aggregate supply of FUNDZ.
The token sale and the corresponding token creation process will be organized of keen contracts running on Ethereum. Members or Participants willing to buy FUNDZ can do as such by sending ETH to the assigned address which will be published prior to the token sale.
Amid the public token sale, we will make 56,000,000 FundTokens available for purchase, which constitutes 70% of the aggregate FundToken supply.
Rewards will be given to participants/members in the token sale as indicated by the reward plan. The token sale is due* to start on February 25th, 2018 (GMT 12:00), and will end when one of the following occurs:
- March 25th, 2018* (GMT 12:00)
- FundTokens are sold out
- 15m USD are raised
FundFantasy ICO reserves the right to defer the launch date and additionally shutting the date of the public token-sale by close to 90 days.
