NEW THREAD: https://bitcoingarden.org/forum/index.php?topic=21362.0
Purpose – DFSCoin will be used as in game currency on DraftDaily.com, FavLucci.com and other daily fantasy sports sites using the MajorLeagueDFS.com API suite, the FanVictor.com Platform and other partner networks.
About – DFSCoin is the official crypto coin for fantasy sports that allows sports fans world wide to play in contests and tournaments without restriction and to provide DFS sites a cost effective way of processing payments with out the risk of fraud or charge backs.
Why DFSCoin - Traditional payment processors who service the DFS industry are expensive and have a high risk of fraud and charge backs. DFSCoin transactions only cost .001 DFS and are much more secure than Paypal or credit cards. Fantasy sports players can be assured their deposited funds are properly segregated from from company expense accounts and verifiable on the blockchain.
DFSCoin Specs:
Total Coin Supply: 210,000,000 | Premine Amount: 42,000,000
Abbreviation: DFS | Algorithm: Scrypt | Type: PoW/PoS | PoW Reward: 20 DFS | PoS Reward: 8% / Yr | Coinbase Maturity: 100 Blocks | Target Spacing: 64 Seconds | Confirmations: 3 Blocks
Github link:
https://github.com/NicoDFS/DFSCoinSlack:
https://dfscoin.herokuapp.com/The Daily Fantasy Sports Industry:
In 2017, there are 59.3 million people playing fantasy sports in the USA and Canada. The number of fantasy sports players continues to grow as it becomes more popular across Europe, Asia and Latin America
Fantasy sports players are younger, better educated, with higher household incomes and more likely to have fulltime employment:
66% Male // 34% Female
Average Age: 38.6
College Degree or More: 66%
Have a household income of $75k+: 51%
Have full-time employment: 67%
Average Annual Spending Per Fantasy Player (age 18+): $556
Favorite Fantasy Sport: Football
Fantasy Sports Players that Pay League Fee: 70%
On average, fantasy sports players (age 18+) spend $556 on league-related costs, single-player challenge games, and league-related materials over a 12-month period.
Players are more interested in sports because of fantasy. 64% say they are watching more live sports because of fantasy. •61% say they read more about sports because of fantasy.
PitchDeck for DraftDaily.com :
https://www.dropbox.com/home?preview=Full+DFS+POWER+POINT+v2.pptxPitchDeck for FanVictor
https://www.dropbox.com/s/1nnpzwfct1sc087/FV%20pitch%20deck.pptx?dl=0ICO Distribution and Pricing
210,000,000 Total Coins 20% PreMine 42,000,000
ICO Investors GTD Prize Pools Founders / Partners Company Holdings
60% / 25,200,000 20% / 8,400,000 10% / 4,200,000 10% / 4,200,000
*Founders' Coins: The core 5 member team will split the 10% DFSCoin allotment and each will receive 2% or 840,000 DFSCoins. The team member has agreed on 6 month lockup periods and require a majority vote to sell.
The ICO has been broken down into 5 blocks allowing early buyers a chance to buy at discounts with each DFSCoin starting at only 1600 Satoshi for the first 1 million sold. Any unsold DFSCoin will be made available for a follow on ICO on crypto exchanges.
1st 1,000,000 DFS @ 0.00001600 BTC
2nd 4,000,000 DFS @ 0.00002400 BTC
3rd 5,000,000 DFS @ 0.00003000 BTC
4th 6,000,000 DFS @ 0.00003500 BTC
5th 9,200,000 DFS @ 0.00004000 BTC
For the First 2 Days of the ICO early buyers will get an additional 5% bonus, limited to 1,000,000 DFS
The DFSCoin Crowd Sale will close on Monday Aug 11st 2017 at 12 Midnight PST or upon the sale of all 25,200,000 DFSCoins
All DFSCoins will be released within 5 days
How To Participate
Please See
http://dfscoins.com/ico/
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