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About MYDFS
The online fantasy sports industry has experienced stable growth every year, topping more than $7 billion of annual revenue, generated by more than 59 million users in the US and Canada in 2017 alone. It’s not just user base that grows, but also their spend on fantasy league-related costs, single-player challenge games, and league-related materials. For example, the average fantasy player spent approximately $556 on his or her sport in 2017.
At the same time, fantasy faces a multitude of challenges that can only be overcome by changing the industry itself. There are uncertain legal statuses, high marketing budgets, complicated user verifications, money withdrawal problems, and complex interfaces, just to start. The market is mainly split between two main players who pioneered the industry, DraftKings and FanDuel. Investors were surely appreciative when they did it, but these companies now have serious problems that include badly balanced marketing budgets, little external competition, a number of monopoly scandals, and the inability to challenge the tough laws and regulations that control the business of fantasy sports.
MyDFS doesn’t try to compete with industry leaders, but redefines the industry itself.
- MyDFS adds maximum transparency by using the blockchain and smart contracts for every part of the platform, from player trades to receiving your winnings.
- MyDFS overcomes legal issues by using ERC-20 Ethereum-based cryptocurrency tokens. These replace real money in the game, meaning people from all over the world can play without worrying about the game’s legality.
- MyDFS makes the gaming process as simple and straightforward as possible, attracting more sports fans to fantasy.
Associated agencies
ICO Vortex
Ratings
Igor Karavaev
ico advisor and investor
Rated on Apr 27, 2018
Rated on Apr 27, 2018
5
5
5
3%
This rating's weight is reduced by 50% as there is no review added.
Vladimir Nikitin
ADVISOR | CONSULTANT | EXCHANGES Listing
Rated on Apr 22, 2018
Rated on Apr 22, 2018
5
5
4
3%
This rating's weight is reduced by 50% as there is no review added.
Jason Hung
Serial Entrepreneur | Investor Meetup | ICO advisor | China Market | Exchange
Rated on May 16, 2018
Rated on May 16, 2018
4
4
4
6%
Not first one in Sports, but the business idea is high potential. The management team
Community is active.
80% of project technology still build on top of centralized architecture. But it is a good start using blockchain technology at reward and investment.
The prototype is ready but hard to find the link to demo. Looking forward to see it works.
+1Agree
+1
Disagree
Report
Nathan Christian
Blockchain Technology Consultant
Rated on May 5, 2018
Rated on May 5, 2018
4
4
4
3%
This rating's weight is reduced by 50% as there is no review added.
Nikolay Shkilev
Entrepreneur | CEO | ICO Advisor | Crypto enthusiast | Blockchain expert | Public speaker | Mentor
Rated on Apr 17, 2018
Rated on Apr 17, 2018
4
5
5
3%
This rating's weight is reduced by 50% as there is no review added.
Farooq A Rahim
Entrepreneur . Investor . ICO Advisor . BlockChain Strategist
Rated on May 11, 2018
Rated on May 11, 2018
4
5
4
5%
Good concept, It all depends on how they implement it and do the marketing to reach people.
Good Luck Team...!
Agree
0
Disagree
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Tyler Sanford
Blockchain & Marketing Consultant | Community Management
Rated on Mar 21, 2018
Rated on Mar 21, 2018
5
5
5
3%
This rating's weight is reduced by 50% as there is no review added.
Ilya Anikin
Business strategy, investment deals, investor relations
Rated on Mar 30, 2018
Rated on Mar 30, 2018
5
5
5
5%
A great team with huge experience in creating Internet products, confirmed by many deals with venture funds and subsequent sales to large corporations.
+2Agree
+2
Disagree
Report
P.B. Stanton Esq.
ICO Advisor | Securities & Banking law | Former US Marine JAG Officer
Rated on Mar 23, 2018
Rated on Mar 23, 2018
4
5
5
5%
I like the vision for this ICO...it is certainly attacking an industry where the benefits of Digital Ledger Technology would be tremendous.
Personally, I want to see more diversity on the team
+1Agree
+1
Disagree
Report
Anatoly Bordyugov
ICO Expert and Investment Consultant
Rated on Mar 21, 2018
Rated on Mar 21, 2018
5
5
5
2%
This rating's weight is reduced by 50% as there is no review added.
David Drake
Managing Partner
Rated on Apr 25, 2018
Rated on Apr 25, 2018
4
5
4
2%
This rating's weight is reduced by 50% as there is no review added.
Irina Nikitina
ICO Advisor
Rated on Apr 20, 2018
Rated on Apr 20, 2018
4
5
4
2%
This rating's weight is reduced by 50% as there is no review added.
Stephan De Haes
ICO Advisor, Community leader and COO/Co-founder Krypt.ly
Rated on Mar 30, 2018
Rated on Mar 30, 2018
5
5
4
2%
This rating's weight is reduced by 50% as there is no review added.
Purushotham Maralappa
ICO Adviser |Blockchain Community Manager | Business Analyst
Rated on May 2, 2018
Rated on May 2, 2018
4
5
5
2%
This rating's weight is reduced by 50% as there is no review added.
Graham Doggart
Blockchain Advisor and ICO Growth Consultant. Founder at Dynamic Abundance Advisory
Rated on Apr 29, 2018
Rated on Apr 29, 2018
4
5
4
4%
Dmitry Machikhin
International Lawyer and entrepreneur, Blockchain business expert
Rated on May 8, 2018
Rated on May 8, 2018
4
3
3
4%
Vlad Skakun
Cryptocurrency Enthusiast | Senior Analyst at Midgard Ventures
Rated on Apr 29, 2018
Rated on Apr 29, 2018
3
2
3
2%
This rating's weight is reduced by 50% as there is no review added.
Alexander Sverdlov
Cyber Security Advisor for ICO startups
Rated on Apr 21, 2018
Rated on Apr 21, 2018
4
4
3
3%
Need to work on a better marketing and explain better the product-to-market-fit
+1Agree
+1
Disagree
Report
Farabi Shayor
Marketing Professional | VR Research Lead | Cryptocurrency Specialist
Rated on Mar 23, 2018
Rated on Mar 23, 2018
4
5
5
2%
This rating's weight is reduced by 50% as there is no review added.
Sanket Agrawal
ICO Advisor, ICO Management & Strategies, Blockchain Technology, DLT, Digital Transformation
Rated on May 5, 2018
Rated on May 5, 2018
4
5
5
2%
This rating's weight is reduced by 50% as there is no review added.
Anurag Rathore
Ico Advisor
Rated on Apr 30, 2018
Rated on Apr 30, 2018
4
4
4
1%
This rating's weight is reduced by 50% as there is no review added.
Giannis Stathopoulos
Business Development and Operations
Rated on Jun 25, 2018
Rated on Jun 25, 2018
3
4
3
3%
It is a nice idea but not unique.
The financial model does not look very promising.
The CCO does not even have MYDFS on her Linkedin. That's weird.
Agree
0
Disagree
Report
Mike Templeman
ICO and Cryptocurrency Marketer
Rated on May 9, 2018
Rated on May 9, 2018
4
4
4
3%
I like the product and the idea. This is a growing industry that has room for disruption.
Licensing is going to be difficult here. There are exclusive relationships some of these leagues have signed with other DFS groups and a new company from outside the US is going to have a hard time gaining traction with the US leagues. Internationally though, this could be huge.
+1Agree
0
-1Disagree
Report
Denis Smirnov
Blockchain Evangelist
Rated on May 22, 2018
Rated on May 22, 2018
3
2
3
3%
Unreasonably high hard cap, weak economic model, idea with low potential for implementation, controversial need for decentralization, bad prototype (no demo).
Agree
0
Disagree
Report
Benjamin Randall
Blockchain Advisor
Rated on Apr 19, 2018
Rated on Apr 19, 2018
4
4
4
3%
Great idea, of course. So much potential for blockchain gambling/sports/fantasy ideas... not quite “first to market” but still early.
+1Agree
+1
Disagree
Report
Pavel Stukolov
CEO at TokenStars, the first celebrity management platform on the blockchain
Rated on Apr 21, 2018
Rated on Apr 21, 2018
4
5
5
3%
Gökhan Koçak
Blockchain enthusiast. Innovator. Leader. International investor. Options and Futures trader.
Rated on Apr 24, 2018
Rated on Apr 24, 2018
4
4
4
1%
This rating's weight is reduced by 50% as there is no review added.
Vladislav Kuznetsov
Vladislav Kuznetsov
Rated on May 22, 2018
Rated on May 22, 2018
3
4
5
2%
A good idea but I note the weaknesses:
Hardcap is heavily overpriced. The development team is almost absent. There are not ratings from real rating agencies such as ICORating.
Good luck to the project!
Agree
0
Disagree
Report
Christian Ferri
ICO Advisor to 25+ ICOs, former PwC Lead, Ivy League MBA
Rated on Apr 18, 2018
Rated on Apr 18, 2018
5
4
4
1%
This rating's weight is reduced by 50% as there is no review added.
Jun Ahn
Advisor | Consultant | PR and Communications | Data Analyst
Rated on Jul 10, 2018
Modified on Jul 10, 2018
Rated on Jul 10, 2018
Modified on Jul 10, 2018
3
3
3
1%
Okay team. The project is not new. Typical fantasy draft and fantasy sport platform on blockchain.
However, the MVP is out and the app is functional, although they don't technically require their own token on its platform.
It will now all depend on how they market themselves and get the licensing done.
+2Agree
+2
Disagree
Report
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
Financial
Token info
Token
MYDFS
Platform
Ethereum
Type
ERC20
PreICO price
1 MYDFS = 0.7 USD
Price in ICO
1 MYDFS = 1 USD
Bonus
We have discounts for token buyers offered during the crowdsale:
10% for >= $50,000
15% for >= $100,000
25% for >= $500,000
Tokens for sale
25,000,000
Investment info
Min. investment
0.223 ETH
Accepting
ETH, BTC, DASH, ETC, BCH, LTC
Distributed in ICO
20%
Soft cap
4,000,000 USD
Hard cap
20,000,000 USD
Milestones
1
January 2016
uTrener DFS launched in Russia
2
February 2016
Kontinental Hockey League app launched
3
November 2017
MyDFS development started
4
December 2017
MyDFS investor functionality is ready
5
March 2018
MyDFS basic gaming functionality is ready
6
April 2018
Pre-ICO sale starts.
MyDFS investor wallet is publicly accessible
7
May 2018
Pre-ICO finishes.
Soft launch of MyDFS app in several countries.
8
June 2018
Intensive public marketing & PR campaign starts.
ICO starts.
The app is fully ready for the biggest soccer championship.
9
July 2018
ICO finishes.