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Fantasy Sports May Be Primed for Blockchain Mass Adoption

By Jenny Aurora | November 17, 2020
Blockchain Can Affect In-game Asset Aupply and Demand Ecosystem, Claimed Forte Lab VP

Fantasy sports could reportedly step into the spotlight to become the next big thing in the crypto sphere. 

Specifically, researcher Mason Nystrom, as stated via his published insights, reportedly claimed that esports – which is built with a “digitally native” ecosystem – keep on building its synergy with blockchain, they can potentially open up sectors such as fantasy sports for mass adoption. 

“While the peak culmination of esports and cryptonetworks waits for improvements in emerging technology and 5G connectivity, blockchain-based fantasy sports ce a majority of traditional sports betters also take part in fantasy sports. 

wagering on fantasy sports – different from traditional sports betting in which betting will be placed on the game’s result – reportedly focuses on putting together a fantasy team and entering competition against different rivals to secure a cash prize. 

The need for sporting experience digitization has reportedly been an increasingly important task, due to the ongoing global health pandemic, which caused a dramatic drop in viewership revenue.

Blockchain-powered applications reportedly have the ability to function as a foundation for digital ownership and monetization, where platforms nominally Ethereum provides an environment with

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