Launch Modernizing Daily Fantasy Sports with Blockchain Technology
TokenDraft, a Decentralized Daily Fantasy Sports Contest Platform Powered by Ethereum Blockchain Technology, Enters the Pre-ICO Phase
Los Angeles, CA , March 14, 2018 (GLOBE NEWSWIRE) -- The team behind TokenDraft, a Daily Fantasy Sports (DFS) contest platform powered by Ethereum blockchain technology, announces their pre-ICO launch. TokenDraft plans to modernize and grow the $10 billion dollar DFS industry by creating a unified global contest platform enhanced by the benefits of blockchain technology, including zero-fee contests and immediate fund access. The private presale ICO campaign begins March 14, 2018.
TokenDraft plans to cash in on the $10 billion DFS global industry, currently growing at a rate of 12.5% per year, by leveraging the unique features of blockchain technology. Despite current industry growth, Daily Sports Fantasy customers are being lost due to rising fees, slow payouts and limited transparency. Furthermore, a dominant global DFS platform does not yet exist due to varying needs from one country to the next. TokenDraft is determined to change this.
“We are confident that daily fantasy sports and blockchain technology has a large market opportunity,” says TokenDraft co-founder and CEO Alham Benyameen. “We look forward to innovating the future of daily fantasy sports contests with full transparency, zero fees, and immediate prize distribution.”
TokenDraft will give fantasy sports players around the world a unified platform and better user experience at a lower cost. The TokenDraft platform features include zero-fee contests, immediate access to funds, visibility into how funds and contests are managed, and a level playing field for all users regardless of skill level. These innovative features will convert existing customers and encourage new customers to enter the DFS industry.
"The technical features to enable Daily Fantasy Sports contests are largely driven by transactions and rules,” says TokenDraft co-founder and CTO, Blaine Elliott. “These characteristics make sports gaming an ideal candidate to integrate with Ethereum smart contracts."
Lead by co-founders Alham Benyameen and Blaine Elliott, the TokenDraft team has strong experience in technology startups and blockchain companies, including Microsoft, Google, Orchid Labs, RentBerry, MyCrypto and more. TokenDraft advisors include Cyrus Taghehchian, founder & CEO Spl.yt, Dan Barbarisi, Dueling with Kings author, Jason Civalleri, MyCrypto CCO and Spl.yt co-founder, Jay Freeman, Cydia Founder and Orchid Labs co-founder, Patrick Dietzen, Partner of Pomonella Partners, and Stephen King, CEO of RexMLS.
TokenDraft is currently holding a private pre-ICO sale. A public token sale will begin and end in the second quarter of 2018. Hard cap estimates for the ICO will be published after the private pre-sale completes.
For more information about TokenDraft, visit https://www.tokendraft.com/, or download their Whitepaper here.
Forward-Looking Statements
The offering materials may contain forward-looking statements and information relating to, among other things, Blockchain Fantasy Sports, LLC dBA TokenDraft its business plan, whitepaper, strategy, and its industry. These forward-looking statements are based on the beliefs of, assumptions made by, and information currently available to the company's management. When used in the offering materials, the words ""allow," "estimate," "project," "believe," "anticipate," "intend," "expect," "project," "will continue" and similar expressions are intended to identify forward-looking statements, which constitute forward-looking statements. These statements reflect management's current views with respect to future events and are subject to risks and uncertainties that could cause Blockchain Fantasy Sports, LLC actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. Blockchain Fantasy Sports, LLC does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.
About TokenDraft
TokenDraft is a decentralized Daily Fantasy Sports contest platform powered by Ethereum blockchain technology. TokenDraft was founded by Alham Benyameen and Blaine Elliott, along with seasoned industry executives from technology companies and blockchain startups including Microsoft, Google, Orchid Labs, RentBerry, MyCrypto and more. For additional information about TokenDraft, visit: www.tokendraft.com
Website: http://www.TokenDraft.com
Telegram: https://t.me/tokendraft
Whitepaper: https://www.tokendraft.com/tokendraft-whitepaper.pdf