About aiSports’ CryptoDFS
aiSports is the first daily fantasy sports (DFS) platform built on an EVM compatible blockchain. Players can create a lineup, mint your team as an NFT, and stake it in today’s contests.
For those not familiar with DFS, here’s a quick primer: You are given a set “salary” to draft a team of real world players. Your team will compete against the other teams entered in the contest and your players will score points based on the real world statistics that they accrue in their game.
Everyday after each of the NBA games is finished, aiSports assigns a score to each team. The contract will then sort the NFTs, and payout the owners of those NFT’s automatically based on their scores.
There are a number of advantages vs. traditional (Web2) DFS model:
– No withdrawal time. When you win, your prizes are automatically deposited into your wallet.
– Dramatically lower contest fees. aiSports currently charges 2% compared to 10% on major web2 DFS platforms.
– You own the team. Trusted DFS players can mint teams and sell them at a higher price to players who trust their judgement.
– Own your contest history, players can earn special NFTs for hitting goals or winning large tournaments.
Currently, aiSports only supports the NBA, but our goal is to be the web3 DFS provider for all major sports.
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