Wisden

The independent voice of cricket

LIVE SCORES
Stories

Crypto cricket fantasy sports platform launches in India

by Wisden Staff 3 minute read

Internet access around the world has revolutionized how things happen, from business to communication. Playing their sport of choice online is the in-thing for enthusiasts, with one of most popular trends being fantasy sports. Players create team lineups involving real players playing a match in real time. The next step is to use their skills to play and record a win paid through cryptocurrencies.

Sports enthusiasts and the internet can merge two worlds; having fun and earning extra income. The internet is flooded with different platforms offering players the opportunity to play several fantasy sports contests with cryptocurrency rewards. If you’re new to the crypto world, cryptogorilla.com has got your back on anything you would like to learn and understand on the topic. Trading in cryptocurrencies keeps users’ identities anonymous, meaning no one can bridge privacy.

The History of Cryptocurrency

Cryptocurrency sounds complicated to many people. However, the reality is quite simple. It’s digital money, with Bitcoin the initial iteration in 2009, catching the attention of finance and technology industries. Bitcoin didn’t matter to most people until its one-piece cost rose to about $200, and suddenly everyone wanted in.

In a nutshell, cryptocurrency is digital money that replaces hard cash and transfers from one person to another. Dealing with cryptocurrency is swift, with no legalities to follow, and no charges or agents to affect the transaction. Furthermore, users don’t need a bank affiliation to send or receive digital money. Cryptocurrency has many altcoins that act as digital competitors like Litecoin and Etherium that people can use to trade.

Crypto-Friendly Fantasy Sports Platforms

The Indian Premier League 2022 (IPL) is almost here, and what’s different this time is there’s a new kid on the market called crypto cricket fantasy sports. Many platforms offer players a play-to-earn (P2E) encounter across sports based on their prediction skill.

India is known for cricket, and the IPL is the most famous cricket league. Therefore, by understanding the Indian fan base, it makes sense to introduce P2E platforms to entice more Indian users. Esports is a solid market worth exploring as it is open to various sports: football, basketball, tennis, rugby and video games like the League of Legends.

Cricket lovers can create a team online, predict the winner, play and earn rewards in crypto. Indians are passionate about various sports and esports. The trend of merging crypto and fantasy sports is a welcome idea that has grown multi-fold.

EarnU

Players enjoy an experience in different sports and esports by predicting and earning crypto rewards. BetU token holders are free to participate and play any sport every week, where they’re provided with prediction points. If the prediction is right, players earn points which can be converted to BetU tokens or swapped for Ether or Binance tokens.

Fanspel

Players have the opportunity to play daily fantasy sports and trade in crypto. The platform is accessible on the go on different devices. Users can engage in different leagues in various fantasy categories like football, cricket, baseball, and basketball. If a player’s prediction is correct, they receive rewards in cryptocurrency.

CrypTech Sixer

A platform that puts crypto and fantasy sport in one palace offering a free P2E opportunity for players to enjoy their favorite game and earn. The beta trials responded well, and the same is expected to translate once the platform launches in full.

Once players install the app, they’re rewarded with crypto coins without an expiry date. Players can use these crypto coins to create a private or public league for any cricket match they like and then create a team that will play. Like other platforms, correct predictions earn rewards converted to crypto coins and can be utilized in the coming games. Users can join the competition with crypto variances like ETH, Binance or Bitcoin.

BetU Verse

A virtual platform where players can play interactive games licensed on metaverse casino and hotel. Users earn rewards in crypto on the games they play as long as they have BetU tokens. The platform has launched many global sports, including football, cricket, martial arts and rugby.

Conclusion

The Indian audience is big on sports and esports betting. This aspect explains the new addition of earning rewards through cryptocurrency. Players can enjoy their favorite match and earn in crypto as long as their predictions are right.

Like & Share

If you enjoyed this story, please share with your fellow cricket fans and team-mates

Have Your Say

Become a Wisden member

  • Exclusive offers and competitions
  • Money-can’t-buy experiences
  • Join the Wisden community
  • Sign up for free
LEARN MORE
Latest magazine

Get the magazine

12 Issues for just £39.99

SUBSCRIBE