Cryptocurrency-powered football fantasy game created by Crowngem Limited, FootballCoin has announced the launch its ICO. The 30-day-long ICO that began on May 24th, 2017, provides participants with the opportunity to purchase XFC Coin — a cryptocurrency backed by the most popular sport in the world.
During the ongoing ICO, FootballCoin is offering a total of 150,000,000 XFC Coin tokens (XFCCOIN) on sale, with early bird and discount offers. The football fantasy game platform has fixed the base price at 0.012 BTC per 1000 XFCCOIN (1 XFCCOIN = 1200 Satoshi) with applicable discounts based on purchase volumes.
The FootballCoin ICO follows a ‘first come, first served’ model, offering an opportunity for early participants to gain limited assets such as player cards and stadium cards that are part of the crowdsale. People can use FootballCoin wallet or any ‘Counterwallet’ – Counterparty, Coindaddy, Idiesquare, etc. – to purchase the XFCCOIN from swapbot. The FootballCoin platform has previously handled over 50,000 teams across 1,000+ competitions. Along with the ongoing ICO, the platform is currently running three leagues. FootballCoin already has a fully functional product, and the ICO will drive its inbuilt XFC-based economy.
This platform introduces the benefits provided by blockchain technology and cryptocurrencies to the players of Football Manager and fantasy league games, collectors of football cards and other collectibles, and millions of football/soccer fans around the world. In addition, the use of blockchain technology makes it possible for FootballCoin to offer a certain degree of anonymity as well as complete ownership over game assets to its players.
President of FootballCoin, Octavian Batca explained: “The originality of the FootballCoin project lies in the fact that we took elements from popular games like Daily Fantasy Sports, Football Manager, and collectible card games to combine them with a new unique concept and a new platform to show the world the huge potential of the Bitcoin blockchain and crypto-technologies.”
The company has partnered with leading sports data, image, news and video content rights owners and suppliers such as Sportradar and Omnisport-Perform Group.