Cryptocurrency Strikes the Goal in Football

A few years back if we would have to talk about cryptocurrency and football as bedfellows, then it’d have been considered as an unlikely pair. But, with the pace, cryptocurrency and Blockchain are spreading its wings as we can see its applications in myriads of the field. Although using cryptocurrency in football can be a difficult concept for the common person to comprehend but it has come true with the surge of first fantasy football token – Strykz.

What is Strykz?

We have long seen the use of cryptocurrency in various business niches and football is the newest addition to the list. Football is one of the most popular games in the world and has millions of followers. The latest news about cryptocurrency in the field of football came when Football-Stars announced the launch of its token. The company is known to be ruling this industry since 2016.

If the statistics are to be believed then there are 3.5 billion football fans but only 1.5 billion gamers. It appears from the figures that if we could convince this massive chunk of football fans to come and join the league of gamers, imagine the huge benefit the company can make out of it.

What is the aim behind Football-Stars coming up with a crypto token?

The objective behind this amalgamation is to bring the payers to enjoy some real-life experience while gaming. When it comes to the world of football, then we hardly have something which is like a simulation gaming experience. Football-Stars, with this step, will bring in the new change and revolution in the world of gaming. It will not only be the merger of Blockchain and football but at the same time it will also incentivize the players for their participation and feeds.

The company is expanding into a community-driven platform, and Strykz will be the token with which it is incentivizing the participants. This platform will enable the user to invite other users for challenges and the ones winning it will be rewarded with crypto tokens.

STRYKZ token is an ERC20 token. It aims at exploring the possibilities of Football–Stars and at the same time pushing the fantasy gaming world into the Blockchain era.

What is the benefit of Blockchain implementation?

When it comes to Blockchain implementation in the fantasy world, then we first need to identify the key features of Blockchain that can benefit this platform. We all know that Blockchain is a distributed ledger which offers a safe place to store the data or information. With it being used as a platform for real-life gaming experience we can be assured that the data of the users and their personal information is safe and cannot be hacked. Moreover, with the use of smart contracts, the user can immediately get the reward once the desired conditions are met as mentioned while creating a smart contract. Thus, we see that it will create an ambiance of fair play, enticing others also to participate and use this platform. Blockchain will create a mutual benefit situation for both the users and Football- Stars.

The company is also trying to collaborate with various sports clubs and brands so that the rewards or tokens earned on the platform could be used by the players to purchase sports merchandise or other products.

Platform as a Service (PaaS) - Well there is another aspect which Football-tars is trying tap using this Blockchain-enabled platform. It will not only provide a real-life gaming experience to the players but at the same time, this platform can also be used as PaaS which means Platform as a Service. In simple words, this platform will be adaptable and agile. You can use it for any sports, language, and market thus making this product have a global and universal appeal. An example of this is the German Pay-TV broadcaster Sportdigital; it is using Football-Stars as a platform but as a white label product.

What’s next?

Well, the company wished to expand the fantasy gaming experience and to make this football and crypto fusion sound more realistic, it has signed Luis Figo as its brand ambassador. With football fever on and the token being launched on 29th June 2018, we are sure that it is surely going to lure the football fans.

You can read more about this STRYKZ here.

This post is sponsored by Cryptoprofile.