FANZ in the Wild | Ep. II - "FanChain Fantasy"
FANZ in the Wild In the FanChain ecosystem, the people are represented by two separate yet equally important groups: the Mints, who stamp and distribute the tokens, and the fanz, who put them to use. These are their stories. IN THIS EPISODE FanChain Fantasy A popular type of fantasy draft is an auction draft. Each member of a league starts out with the same amount of fictional money with which to bid on players. A top-tier player might cost 40% or nearly 50% of a draft budget, so owners have to develop strategies to ensure a competitive roster. Imagine if this auction budget is not fictional currency, but real currency. Imagine it is comprised of FanChain tokens. In a fantasy league built on the FanChain ecosystem members could stake equal quantities of tokens and then draw down on their totals in order to place bids on players. The tokens bid could go into a pot, which becomes the winner’s prize at the end of the season, or at least a portion of it. This would ...