Judging by some of the previous post about Fantasy Sports, apparently there are people that are new to FootyCash.
So here are some important facts:Footy Cash (FOOT) has seen a meteoric rise in valuation for the past month; with a price increase of more than 5000%+ on multiple exchanges.https://www.cryptopia.co.nz/Exchange/?market=FOOT_BTC#https://bitcointalksearch.org/topic/footy-cash-foot-coinswap-decentralized-fantasy-sports-1374929I think the reason being is that:
1. Footy has Rarity -
Only 4 million coins total can exist. There is a small POS inflation rate - about 3% annually (for staked coins only).
How many of you can say like the Winklevoss twins -
that you own whole percentages of a cryptocurrency.
Looking the current price of FootyCash you actually might be able to!
2. Footy is the first Fantasy Sports Crypotocurrency ever made. -
Footy is the Bitcoin of Fantasy Sports!3. Fantasy Sports is a multi-billion dollar industry -
with tens of billions of dollars in annual revenue just for Fantasy Football alone! If you count all the
illegal gambling the figure goes much higher - maybe hundreds of billions? (not that I am condoning illegal gambling - but it's a fact of reality that must be considered anyway).
4. Coinmarketcap list just under 900 altcoins; of those listed only a small percentage of altcoins have a cap of less than 4 million total coin. Every coin on coinmarketcap with a
rarity of less than 7 million total coins produced are all worth more than $2.00 USD - with the exception of Dreamcoin (because of YOBIT) and
FOOTY CASH (which is currently undergoing a price correction:
5000% increase in the past month alone.)
5. The coin was greatly undervalued because of unawareness of the Footy cryptocurrency and Fantasy Sports as well. As more and more people become aware of its value the price will continue to rise.
The price may go higher than $10.00 USD per coin before the end of the year!6.
FootyCash has a great developer, active development, and the best community support!7. FootyCash has a promising roadmap and is
currently developing Masternodes and Anonymous Send like DASH and PIVX for the next release.8. The name FootyCash may sound funny but "
Footy Cash" is an actual English term (apparently):
https://www.power100.com.au/news/local-news/81959-footy-cash-to-go-to-good-friday-appeal and
http://www.heraldsun.com.au/ipad/california-club-brothel-sues-in-footy-cash-feud/news-story/bd77f7d397a34a067342a113b5bfa5d89.
DraftKings,
FanDuel, and other
Fantasy Sports companies are getting the legislative green light to operate in most U.S States and other countries as well.
https://www.law360.com/articles/944544/draftkings-fanduel-can-focus-on-dfs-legalization-post-dealThe focus right now is on creating masternodes for the coin. They will help provide stability to the network and incentives for ownership.
We are making excellent progress, and will update the community on details for how many coins are required for a masternode, features, and other important information shortly.
Welcome to any new members of the community
How many coins to avail in masternodes? What is the benifets if i buy masternodes? It looks good for me i just want to know some more info about this coin thank you dev. I wish i could buy some cheap coins until the masternodes emplimentation is release
There are a number of important features outlined below. We will be releasing details on masternode requirements soon.
The fantasy sports industry needs faster payment methods and anonymity to protect personal information, so these features fall right in line with our mission statement.
Features- Anonymous Transactions
- Improved Network Security
- Faster transactions
- Decentralization
- Community voting on proposals
Are you going to use the same Anonymous Send features as DASH or PIVX?
Yes. What we are working on for the masternodes will have an anonymous transaction like PIVX and DASH. Still testing things, and will keep the community updated. Hope to have something ready in the next week.