Fraught with the passion for curbing the issues faced by traditional fantasy sports players, draw non-crypto users into the Terra ecosystem, and introduce crypto enthusiasts into an already full-blown sports space. Fanfury is set to launch its Gameplay on the 30th of April 2022.
Football gameplay to start with, over a thousand sports leagues to be a part of, and lots of rewards to earn, Fanfury Gameplay looks to be the holy grail of Fantasy Sports worldwide.
But then, how does Gameplay on Fanfury play out? What do players have to do, and what do they stand to gain? In this article, we help you understand Fanfury’s Gameplay, point system for DFS, $FURY (the native token of the platform), and the burn Mechanism of this token.
We’re about to dive through everything about gameplay here, but you’re also invited to join our community here and our team can walk you through the process.
Contests On Fanfury’s Gameplay
There are two major contests on Fanfury: large pool and head-to-head contests.
Multi Entry Large Pools
Fanfury will have large pools of 200 /500 and 1000 teams with a minimum entry fee of 10 UST worth of $FURY. Users can enter a maximum of 4 teams in large pools.Head-to-Head Pools
Head to head pools in Fanfury will have 2/3/4/5/10 team pools. Users can create one team per wallet and take part in these small pools. Minimum entry for head to head pools is a fee of 25 UST worth of $FURY.
How Gameplay works
To start the Gameplay,
- Connect your Terra Wallet: Connect to the correct Terra address.
2. Select an upcoming match: There are many forthcoming matches in Gameplay for you to choose from. Just scroll through the list and find the one you like.
3. Create your team(s): Form a fantasy team for yourself after picking an upcoming match. You can also decide to create more than one team.
4. Pick a contest to participate in: Different contests are available. Go through the list to figure out the one you’d like to join.
Team creation & joining of contests
There will be different running leagues in Football. And to join any of these leagues, you need to:
- Head back to the homepage and click on your choice of match.
- If you haven’t already created a team, either click on the My Teams icon on the top right corner of your screen or the Create new team button at the bottom of the page.
(You get to select only seven players from each team).
- There are four different roles in football (goalkeeper, defender, midfielder and forward). Pick one goalkeeper from the list.
- Select your defenders (min of 3, max of 5)
- Choose your Midfielders (min of 3, max of 5)
- Pick your forwards (min of 3. max of 5)
- Altogether, 11 players. You’ll find your selected players on the screen. Select your Vice Captain (VC) & Captain(C).
- Tap Done and head back to the contest page.
Pick your chosen contest from those still available, tap on Join contest, click on your created team, and tap on proceed to pay your entry fee.
Daily Fantasy Football on Fanfury
Daily Fantasy Football is where players collect points based on how real life footballers perform in each match. Simply put: you choose a virtual team of players from both teams, and if their real-life counterparts do well, you get points.
How do the points work?
Each position on the pitch comes with its own points system. The goalkeepers and defenders are most commonly rewarded for things such as saving a penalty (15 points) or keeping a clean sheet (15 points); midfielders for setting up a goal (15 points); and strikers for scoring (8 points). However, players in different positions can be rewarded for different things and you need to check how much each real-life action is worth.
For instance, a defender can also score in real life. It is rarer, though, and this is reflected in the points (12 points instead of 8) a defender will earn if his real-life counterpart scores. A midfielder, meanwhile, also plays a part in defending, and will earn points for that too.
Fanfury Daily Fantasy Football has a bonus point system based on how long a player is on the field, any player getting substituted before 60 mins will not be eligible for bonus points.
It’s also worth noting that players can lose points for negative actions in real-life, such as getting sent off (-10 points) or missing a penalty (-10 points).
Your captain each week will get double points. So if your captain is your striker and he scores, he will get 16 points instead of 8. Your vice-captain (VC) will also increase your points 1.5 times, so if you have a defender as your VC and he keeps a clean sheet then instead of regular 15 points, you will get 22.5 points.
The Role Of $FURY In Gameplay And Its Burn Mechanism.
With the imminent generation and, finally, the launch of Fanfury’s native token ($FURY) launch, you should get a clear picture of what $FURY is, what it offers, and its role in Gameplay.
Like most projects on the Terra ecosystem, Fanfury’s native token ($FURY) boasts a clear value accrual mechanism with growing traction that makes it a unique long term-buy-and-hold token.
Role Of $FURY
On the Fanfury fantasy sports platform, $FURY is used as a currency to facilitate transactions, a utility token to dictate governance, and a store of value to provide longevity for players and users alike.
Also, players use the $FURY token to participate in contests on the app. All contest entries get paid for in $FURY, held by the platform in $UST, and finally paid out to players using $FURY.
Burn Mechanism Of $FURY
$FURY has a deflationary system resulting from the value accrual mechanism that burns 40% of total rake fees from all contests, consequently propelling the circulation and further increasing the token price.
If the price is high, fewer tokens are burnt, and when it’s low, more tokens are burnt — leading to low market unpredictability and an asset value that more accurately mirrors both its adoption and usage.
By way of illustration, every entry fee and prize pool on the Fanfury platform is paid for in $UST and immediately swapped at Oracle price for several $FURY tokens. They are swapped back to $UST at Oracle price and finally moved to an anchor wallet which yields a ~20% interest as soon as the first deposit lands in the account.
Now, winners in the pool immediately get announced, and the prize money is withdrawn from the Anchor wallet and converted to $FURY tokens. With a prize pool of $50,000 UST, two scenarios get expected:
When Oracle price falls- for instance from $3($D) to $2 ($D*0.67)| UST Amount of Token Burn = 40% of $2,500 = $1000 worth of tokens = 1000/0.67= 670 $Fury tokens.
When Oracle price rises- for instance, from $4 ($D) to $8 ($D*2)| Amount of Token Burn = 40% of $2,500 = $1000 worth of tokens = 1000/8= 125 $Fury tokens.
By inversely linking the burn mechanism to the token’s price, Fanfury brings stability by directly connecting it to its fixed total diminishing supply.
To guarantee that a larger quantity of tokens gets allocated to a more diversified range of winning teams, mass manipulation of winners prevents the number of contests, entries, and wallets users are meant to be a part of and have.
~70% of the contest participants share 95% of the prize pools. For the other 5% — stakers receive 1.25%, 1.25% goes to the liquidity providers, 2% gets burned, 0.25% goes to the Marketing Fund, and 0.25% goes to the Development Fund.
On that note, the FURY forge event is pretty much still underway, so if you’ve not joined in yet, click on this link to be part of this special event.
Finally, roll your sleeves up and get ready to dig in as Gameplay kicks off on the 30th of April.