Press release
Press release. TradeStars recently announced the launch of its brand new feature, Daily Fantasy Sports (DFS). The launch of DFS will link the DeFi Trading Layer with the DFS Gaming Layer through a P2E (Play to Earn) model. In this way, TradeStar users can trade fantasy stocks in addition to being able to earn digital and monetary rewards as well as competing against each other through a variety of DFS contests.
why is it important?
Fantasy sports has been an extremely popular industry for many years now, resting on a solid base of an unfathomably large and dedicated following. Countless growing variables, including technology, sophisticated platforms, and even the Web 3.0 movement, have contributed to the field’s strength over time. Aside from such forethought, there has been little sensible innovation in this area recently.
Many fantasy sports gaming sites have experimented with and introduced blockchain technology to the market, thereby increasing transparency and profit potential for consumers. However, progress in this area is limited to only a few features. As a result, TradeStars emerged.
Tradestar’s endeavor to provide the most creative features to address the many difficulties faced by the consumers has aided in the growth of the platform. At the moment, the world finds itself in a transitional phase from Web 2.0 to Web 3.0. With this in mind, TradeStars guarantees that consumers will have an enjoyable onboarding and navigation experience by releasing the necessary TradeStars-only features or functionalities.
Bridging the gap between Web 2.0 and Web 3.0
Thanks to the above DFS feature, the TradeStar team has officially completed its product in terms of enabling users to play against each other in various competitions. For this, web 2.0 based fantasy games are used to participate in various competitions and due to the launch of DFS on Tradestarts, the gap between web 2.0 and web 3.0 has been bridged and a whole new world of possibilities has been opened.
With this release, Tradestar enables daily competition among its users based on real play and paves the way for incentive rewards based on users’ imaginary stock holdings. Fractional NFT swaps will become more important as this feature gives users more opportunities to use their winning rewards inside the game. Fiat deposits and 24/7 gameplay system are also among the top features offered by TradeStars.
About Tradestar
TradeStars is a blockchain-powered fantasy sports game. Through an innovative P2E approach, it combines DeFi economics with DFS “gaming”. Users can trade fantasy stocks that reflect real-life athlete achievements, compete in a variety of DFS tournaments, and receive monetary and digital incentives as previously mentioned. The team will also focus on reaching one million users on the platform within the next year.
At its core, TradeStars is a unique P2E fantasy sports game that uses blockchain technology to decentralize the entire gaming infrastructure and open up the world of creativity to players. The platform is based on the Ethereum blockchain and is powered by Polygon Networks, a leading layer-2 scaling solution. Businesses are conducted using smart contracts, which eliminate the need for a middleman or intermediary and therefore avoid the possibility of human intervention.
Furthermore, every transaction is recorded on the blockchain and can be accessed by anyone interested, resulting in both transparency and fairness. For more details and regular updates, visit the official website and TwitterMedium and Telegram channels.
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