ABOUT RAGE FAN. (FOOTBAL fANTASY)

Bassey Saviour
4 min readMay 6, 2021

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Rage.Fan is an early fan of fantasy and quiz sports on the blockchain system, where fans of sports can use their abilities and expertise to earn rewards and feel more related to this activity.

Rage.Fan enables sport enthusiasts to use their skills and knowledge to receive rewards during fantasy events.

In addition, fans can also participate and earn more rewards in quizzes before, during and after their preferred sports event.

Rage.Fan uses Blockchain technology, to create a licensing, descentralized and transparent gaming experience for all sports fans, while eliminating traditionally centralized applications’ inherent inefficiencies.
The platform has a mobiles first approach, which ensures a scalability, ease-of-use and near-zero gas fees, on the most efficient intelligent chain.

WHY RAGE FAN

The current ecosystem of the Fantasy Sports Platform is full of problems that dampen user experience.

Processing and resolution of opaque transactions

For gaming apps, fans have absolutely no visibility in terms of calculating points, formulation of pools, transactions or distribution of rewards. This model is called “house-driven” and is subject to a lack of clarity and visibility.
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In fan-first Blockchain models with fair algorithms, Fan aims to challenge the status quo. That means that each transaction is recorded immutately in a public blockchain and easily seen to all players, from the pool formulation to the distribution of the awards.

ESCALATED COST PROCESS

Fees for fantasy sports platforms are high and the entry barriers for sports enthusiasts are significantly increased. Worse still, the participants eat in the rewards they earn.
In addition, without transparency, there are numerous platform charging charges. Each incident decreases the amount of confidence players can place on the platform.
Scorn.
By introducing a first-rate fan model, Fan wants to tackle these problems. Since the platform is based on Blockchain, all transactions are completed online to ensure complete transparency and eliminate hidden charges completely.

LACK OF INFLUENCE

Centralized sports fantasy platforms enable fans little or no voice to run the platform.

The result is a power structure imbalance which allows platform operators to control decision-making fully.

Ultimately, the platform finally puts the interest of fans and participants on operators and owners.

Rage.Fan wants this model to turn on her head.

This allows holders to take part in the decision-making process and to become more community-led. The governance dimension of the utilitarian token enables them.

Simplifying The Blockchain Journey

The foundation of Rage.Fan is to get the early majority into the Blockchain and Cryptocurrency ecosystem. The platform will be mobile-first, with an intuitive and simple user interface that will enable users with little to no experience in the space to freely participate. Since the platform is designed natively on the most powerful Smart Chain, it can be run quickly, cheaply, and flexibly.

How will Rage.Fan work?

Users will be able to immediately download the app and sign up, after which they will be given their own wallet address.
The mobile app will allow users to view the various sports available on the platform. The app will debut with an emphasis on cricket in the first edition. More sports, such as football, kabaddi, hockey, and basketball, will be included in the future.
Users will be able to see various matches open, from different leagues and with different pool entry sizes, after selecting a specific sport. They will be able to choose any sport they want. Users will be asked an entry question and will be required to pay the pool fee before participating in the sport.

Before the actual game starts, users will be able to pick their match team from the available choices, based on their skills and domain knowledge. Both rules for selection and the point system will be transparently accessible on the website.
Users will be shown those questions in the form of real-time events during the live match to keep them interested. Users will win points for each question they answer right now. Users will be graded on a leaderboard at the end of the game. They will be able to win a multiplier on the points received by their chosen team based on their leaderboard location.

The points received by each user during the match will be tabulated and the corresponding rewards will be distributed once the match is completed. The reward pool will be determined by subtracting the platform fees from the pool sum received at the time of entry.
For total transparency and decentralization, all transactions, such as player selection, point computations, and reward distribution, will be processed through smart contracts.

Introducing $RAGE: Rage.Fan Native Token

To support the fan-first and streamlined user interface, Rage.Fan will have its own native token scheme.
$RAGE is a standard ERC-20 native token that serves as a “play mechanism” as well as “group governance” and other related functions.
$RAGE’s utilities will be:

  1. Game currency: Use $RAGE to participate in fantasy games on Rage.Fan platform
  2. Staking: Stake tokens and thereby earn higher returns
  3. Governance: Participate and actively contribute in decision making through community votes
  4. Play Mining: The more you play the more you earn. Simple!
  5. Referral Mining: Spread the word, refer others around you and earn $RAGE
  6. Virtual Mining: Participate more and more in virtual games & activities and earn $RAGE
  7. Social Media Mining: Incentivize social media influencers for spreading the word

The Rage team is nearing completion of the game design and is currently working on the arbitration contracts.
The team is laying out a comprehensive plan for the next four years, identifying crucial milestones in order to produce a one-of-a-kind, fully decentralized sports network.
While assessing opportunities and requirements to develop a sports data oracle network that could become as durable as a chainlink, the team has also actively formed relationships with conventional data firms to power resolution.

For queries, questions or suggestions, please reach us at social@rage.fan.

You can also follow on:

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Bassey Saviour
Bassey Saviour

Written by Bassey Saviour

Web3 Content Strategist and Community Manager.

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