Fund Fantasy
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 enormous potential for instant money making and
this is the reason why more and more investors are heading for online
trading leaving other financial instruments. Another reason for the
popularity of this exceptional online trading market is the availability
of online trading services. With such services, investors and traders
can trade in Cryptocurrencies easily from anywhere in the world. Online
trading is almost possible throughout the day and such opportunities are
possible from online trading services.
Gamers and merchants have a lot in common but they are very different. Many People in trading are in a hurry to get a net profit. They are speculators who lose more than they get. Professional traders and brokers get patiently on the market. Although, there are some problems in the field and some of them are mentioned below. There is a conflict of interest in the world of commerce, which makes people very skeptical of the environment in which people trade. Uncertainty about the internal processes and workings of the system makes people wary of the world of commerce. The market is mostly filled with speculators who do not want to play for the long term These issues have been trimmed in the trading environment causing many problems. Can we create an ecosystem that supports trust and transparency coupled with trade and investment?
Gamers and merchants have a lot in common but they are very different. Many People in trading are in a hurry to get a net profit. They are speculators who lose more than they get. Professional traders and brokers get patiently on the market. Although, there are some problems in the field and some of them are mentioned below. There is a conflict of interest in the world of commerce, which makes people very skeptical of the environment in which people trade. Uncertainty about the internal processes and workings of the system makes people wary of the world of commerce. The market is mostly filled with speculators who do not want to play for the long term These issues have been trimmed in the trading environment causing many problems. Can we create an ecosystem that supports trust and transparency coupled with trade and investment?
The SOlution
FundFantasy is an online gaming platform featuring peer-to-peer, provably-fair simulated investing contests, where players compete for prizes under the fantasy model. By crafting the ultimate portfolio from a list of available assets, players move up in rank and win Crypto-prizes. Participants are ranked according to their portfolio’s rate of return. The prize pool is distributed among the winners. FundFantasy charges a fee which will not exceed 10% from each contest. Smart contracts will execute the whole process: deposits, ticket purchases, contests, payouts and withdrawals are all automated and trustless. Portfolios are encrypted to ensure fairness, and the entire platform is provably-fair and completely transparent.
Based on a deflationary currency and supported by an ecosystem that propels growth and new user acquisition , the FundFantasy platform will revolutionize the online trading market.
Platform Highlights
- Fully transparent: All contest details are upfront and available for examination prior to entry. As soon as the contest starts users can view and compare their portfolios with the ones submitted by their opponents.
- Provably Fair: Asset prices are based on accurate, publicly available data from well-known and respected financial data API’s. Portfolios are encrypted until contests lock up and start, and are thus inaccessible even to FundFantasy employees.
- Simple to use: Very intuitive gameplay. Users allocate 1 million virtual US dollars to their long/short positions on the assets available on our platform.
- Social: Users can create their own contests and invite their friends.
- Profitable: Users can participate in contests carrying FundToken, BitCoin, and Ether prizes
- Low fees: FundFantasy charges only up to 10% from every contest.
- No actual ownership of financial assets
- No conflict of interests
- Responsible Gaming & Self Exclusion: Users can limit and restrict their own gaming behavior.
- Multiplier contests: Users have the chance to win x2, x3 of participation costs.
- Lottery-size prizes: Top-heavy contests will make sure winners get hefty prizes.
- Low entry barriers: Free contests are also available.
- Multiple Entries allowed: Users can craft and submit the finest portfolios they can think of.
- Much more fun! This platform for blockchain technology will be useful for those who like to play on the rise of cryptocurrencies and earn at the same time, that is just you collect a certain set of digital money and predict their behavior. The more you do, the more winnings you will have on this platform. Why it is profitable to use it: since everybody will be absolutely transparent, open, what is not gambling or betting. It FundFantasy intend to do on the online trading market.
FundFantasy is an online social platform featuring peer-to-peer,
provably-fair simulated investing contests, where users compete for
prizes by crafting the ultimate portfolio. Contests vary in duration
and can range from 1 hour to a full year. Participation in
a contest is done by:
Purchasing a ticket and thus contributing to the contest’s prize pool. FundFantasy charges a 5–10% fee from every contest and the rest is distributed among the winners as prizes, according to the prize allocation model. The fees are used for operating and marketing purposes as well as to fund the FundFantasy Prize Pool (FFPP).
Purchasing a ticket and thus contributing to the contest’s prize pool. FundFantasy charges a 5–10% fee from every contest and the rest is distributed among the winners as prizes, according to the prize allocation model. The fees are used for operating and marketing purposes as well as to fund the FundFantasy Prize Pool (FFPP).
Creating and submitting a portfolio. Users, when creating their
portfolios can choose assets from various asset classes including
stocks, commodities, cryptocurrencies, and fiat currencies. These
user-submitted portfolios are sorted and ranked as soon as the contest
ends according to their rate-of-return, as calculated on the basis of
price quotes from established and well known financial data APIs.
Portfolios are encrypted from the moment they are submitted by the user
and are only published once the contest starts — this way we solve the
problem of asymmetric information which may result when fantasy
employees have access to the portfolios submitted by users; such a
situation can be exploited by management or employees gaining an
unfair advantage.
Many People in the trading are in a hurry to net profit. They are
the speculators who lose more than they earn. Professional traders and
brokers gain patiently in the market. Although, there exist quite a few
problems in the field and a few of them are mentioned below.
- There is a conflict of interest in the trading world, which makes people highly sceptical of the environment in which people trade.
- The Opaqueness about the process and the internal working of the system makes people wary of the trading world.
- The market is mostly filled with the speculators who do not want to play for long-term
Platform Fully transparent, Provably Fair and Simple to use All contest details are upfront and available for examination prior to entry. As soon as the contest starts users can view and compare their portfolios with the ones submitted by their opponents.
Asset prices are based on accurate, publicly available data from well-known and respected financial data API’s. Portfolios are encrypted until contests lock up and start, and are thus inaccessible even to FundFantasy employees.
Very intuitive gameplay. Users allocate 1 million virtual US dollars to their long/short positions on the assets available on our platform.
Besides that users can create their own contests and invite their friends, participate in contests carrying FundToken, BitCoin, and Ether prizes, can limit and restrict their own gaming behavior. Users have the chance to win x2, x3 of participation costs, craft and submit the finest portfolios they can think of.
You will need to create and present your portfolio. Participants
can include including stocks, commodities, cryptocurrencies, and fiat
currency. Submitted by user portfolios sorted and ranked, as soon as the
contest ends at the rate of return calculated on the basis of price
quotations from established and well known financial data API. Encrypted
briefcases from when they are uploaded by the user and publication only
after the start of the contest -so the problem of asymmetric
information.
FundFantasy is refreshing and new investment-a fantasy experience, and they are proud that the introduction of this new category of fantasy for a decentralized economy.
FundFantasy is refreshing and new investment-a fantasy experience, and they are proud that the introduction of this new category of fantasy for a decentralized economy.
Roadmap
Token Distribution
Detail PreICO & ICO
ICO
ICO
Coin Name : FUNDZ
Standard : ERC-20
Standard : ERC-20
Platform : Ethereum
Total number of tokens : 80 million
Available for purchase : 60 million
maximum target : 60 million FUNDZ;
minimum goal : not specified
Price : 1 ETH = 1000 FUNDZ
Methods of purchase : ETH
PreICO
PreICO
Available for purchase : 4 million
Bonus : 25%
ICO
Bonus : 25%
ICO
Available for purchase : 56 million
maximum target : 56,000 ETH
minimum goal : not specified
maximum target : 56,000 ETH
minimum goal : not specified
Bonus
The first 8 hours — 25%
The next 24 hours — 15%
The first week — 10%
The next 24 hours — 15%
The first week — 10%
Begins on January 25, 2018 and ends on February 25, 2018.
The ICO starts from 25th January 2018 and continues until 25th February 2018.
The team behind this project is experienced in the field of trading
and investment. We hope to see a great experience for the users.
TEAM
ADVISORY BOARD
WEBSITE: https://www.fundfantasy.io/
MEDIUM: https://medium.com/@FundFantasy
TWITTER: https://twitter.com/fund_fantasy/
FACEBOOK: https://www.facebook.com/FundFantasy/
TELEGRAM: https://t.me/fundfantasy/
ANN: https://bitcointalk.org/index.php?topic=2579363
MEDIUM: https://medium.com/@FundFantasy
TWITTER: https://twitter.com/fund_fantasy/
FACEBOOK: https://www.facebook.com/FundFantasy/
TELEGRAM: https://t.me/fundfantasy/
ANN: https://bitcointalk.org/index.php?topic=2579363
Author : gomes1
My bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1662391
ETH : 0xe1f377f5B1c2C537485Cf0558793b5d4b9c3569F
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