Why Blockchain is Changing the World of Fantasy Sports
Thursday,03/03/2022|10:46GMTby
Fanfury
Fanfury emphasizes the community aspect of fantasy sports and does so significantly.
FanFury
For many years, fantasy sports have been a part of the pop culture zeitgeist. From everyday people forming teams from the comfort of their homes to international competitions with thousands of dollars won, fantasy sports has undoubtedly found its niche.
With the new digital era, especially with blockchain and social media, however, fantasy sports are evolving with the times. In terms of the former, more initiatives that help fantasy sports players enjoy their games more and potentially profit from their efforts are getting launched.
Play2Earn has been a solid concept in blockchain for a while, and now, fantasy sports are getting the same treatment. For example, Fanfury, a blockchain-based fantasy sports platform, unveiled its rewards system that fully taps into the community and financial quality concepts.
How Fanfury Works
Fanfury offers a lot of the usual features that fantasy sports fans would want; the chance to create virtual teams using real players and having their performance based on real-life events. However, there is a bit of a twist in how teams get formed and rewards- given.
First, there is the option to ‘own’ teams financially. In typical fantasy sports setups, the team is virtually ‘owned’ by a person or group of people who split the winnings. With Fanfury, a user can own one of the 250 teams across five different games.
Fan clubs get owned through the bidding or auctioning method where an intending owner brings in at least 5000 people who pay a certain amount into this pool. After the team gets allocated to an owner, they can bring in new members who also pay to join its Fan club.
The funds that the team owner and members pay are ‘staked’, meaning they get locked away for a certain amount of time.
Out of the 250 teams on Fanfury, a leaderboard gets created. The teams with the most money staked are ranked highest on the list. The profits made by the ecosystem (from its raking fees) gets shared. 1% goes to the top team owner, 19% gets split among the members and the rest across the other 249 teams.
The stark difference between this system and the typical fantasy sports setup is that everyone wins somehow. Whether or not a players’ team wins the individual or team competitions or is even at the top of the Fan club leaderboard, they will receive some reward as long as they join a team.
The decentralized and democratic nature of blockchain means that there is no winner-takes-all approach to fantasy sports, making for a healthier ecosystem. Those who own teams can also sell them later after becoming more established and valuable to outsiders.
There are also rewards for those who provide liquidity for the ecosystem. Now, in exchange for providing liquidity for $FURY-UST pairs, users get $FURY at a discounted price. The $FURY-UST liquidity plays a vital role in ensuring that the $FURY tokens are liquidity enough to act as in-game rewards and staking currency.
Community Games
From its team ownership system to its rewards mechanism, Fanfury emphasizes the community aspect of fantasy sports and does so significantly. The use of smart contracts and blockchain means that the system is as transparent as possible while also maintaining its efficiency on all levels.
For many years, fantasy sports have been a part of the pop culture zeitgeist. From everyday people forming teams from the comfort of their homes to international competitions with thousands of dollars won, fantasy sports has undoubtedly found its niche.
With the new digital era, especially with blockchain and social media, however, fantasy sports are evolving with the times. In terms of the former, more initiatives that help fantasy sports players enjoy their games more and potentially profit from their efforts are getting launched.
Play2Earn has been a solid concept in blockchain for a while, and now, fantasy sports are getting the same treatment. For example, Fanfury, a blockchain-based fantasy sports platform, unveiled its rewards system that fully taps into the community and financial quality concepts.
How Fanfury Works
Fanfury offers a lot of the usual features that fantasy sports fans would want; the chance to create virtual teams using real players and having their performance based on real-life events. However, there is a bit of a twist in how teams get formed and rewards- given.
First, there is the option to ‘own’ teams financially. In typical fantasy sports setups, the team is virtually ‘owned’ by a person or group of people who split the winnings. With Fanfury, a user can own one of the 250 teams across five different games.
Fan clubs get owned through the bidding or auctioning method where an intending owner brings in at least 5000 people who pay a certain amount into this pool. After the team gets allocated to an owner, they can bring in new members who also pay to join its Fan club.
The funds that the team owner and members pay are ‘staked’, meaning they get locked away for a certain amount of time.
Out of the 250 teams on Fanfury, a leaderboard gets created. The teams with the most money staked are ranked highest on the list. The profits made by the ecosystem (from its raking fees) gets shared. 1% goes to the top team owner, 19% gets split among the members and the rest across the other 249 teams.
The stark difference between this system and the typical fantasy sports setup is that everyone wins somehow. Whether or not a players’ team wins the individual or team competitions or is even at the top of the Fan club leaderboard, they will receive some reward as long as they join a team.
The decentralized and democratic nature of blockchain means that there is no winner-takes-all approach to fantasy sports, making for a healthier ecosystem. Those who own teams can also sell them later after becoming more established and valuable to outsiders.
There are also rewards for those who provide liquidity for the ecosystem. Now, in exchange for providing liquidity for $FURY-UST pairs, users get $FURY at a discounted price. The $FURY-UST liquidity plays a vital role in ensuring that the $FURY tokens are liquidity enough to act as in-game rewards and staking currency.
Community Games
From its team ownership system to its rewards mechanism, Fanfury emphasizes the community aspect of fantasy sports and does so significantly. The use of smart contracts and blockchain means that the system is as transparent as possible while also maintaining its efficiency on all levels.
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🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
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We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
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We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
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In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
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🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
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🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
