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FanFury

FanFury

Fanfury is a daily fantasy sports platform that brings trust-less play-to-earn gaming to everyone.

Overview

Fanfury is a virtual gaming metaverse that combines Daily Fantasy Sports, RPG Lore & Blockchain Mechanics, in a dystopian science fiction environment to easily introduce blockchain concepts into fantasy sports gameplay, and remove fundamental hurdles in the Fantasy Sports Industry.

The Problems of Furya
  • Excessive risks for players
  • The exploitation of identity/information
  • Regulatory repercussions
  • Total irrecoverable loss of funds Vulnerability to manipulation
  • High Fees
  • Unpredictable risks for corporate and private bookkeepers
  • Regulatory repercussions
  • Government confiscation of funds
  • Frozen assets
  • Security vulnerabilities
  • Centralization as the core problem
  • Trust requirements
  • Centralization of power, control
  • Non-distributed systems
To the birth of Fanfury

Fanfury uses Application-Specific Blockchain and a 2nd layer network controlled by Data Oracles, to solve the issues of security, scaling, and incentives. Additionally, Fanfury offers an economic linkage that creates a deflationary and self-regulating economy.

Through decentralized governance and contract fees, structural mechanisms balance Fanfury’s token value by dynamically adjusting supply based on the current exchange rate and player volume in the Fanfury network—all while avoiding single points of failure and implementing a network with a fully decentralized system.

Economics of Fanfury

As Fanfury is decentralized, private, has lower fees and a compelling value proposition, Fanfury has the potential to win substantial market share in the long run through safer mechanisms built into the Fanfury model.

It will have a powerful and overwhelmingly positive effect on the Fanfury economy, and long-term token value.

This will be achieved through Protocol Owned Liquidity as well as Treasury Assets-Backed Tokens.

Growth of the $FURY Economy

Value Association, creates an extraordinary value proposition for fantasy sports players, and for investors at every scale.

Value coupling: price tied to usage.

  • Price dynamically affects burn rate
  • High priced $FURY = declining burn rate (market stabilization)
  • Stable price helps participants predict potential winnings
  • Higher prices are always a win
  • Low priced $FURY = accelerating burn rate (mitigates inflation)
  • Self-balancing system
  • Price declines are temporary

The $FURY network reduces the risk to value and protects holders of $FURY tokens by linking playing volume to coin supply. This value association between usage and supply is a built-in deflationary mechanism that destroys 40% of the fee from every bet. With fees of 5%, the net result is 2% of every betting pool permanently removed from the network.

For example, if the price falls dramatically, significantly more outstanding supply is destroyed with every game because games now require more $FURY. Conversely, if the price rises dramatically, significantly less supply is destroyed. Over time, this leads to less market volatility and an asset value that more accurately reflects both adoption and usage.

At any point in time, the price of $FURY combined with the volume of bets defines how much deflation takes place on the $FURY blockchain. $FURY is designed to be more than a blockchain, it is designed to be a responsive and price-linked economy.

Tokenomics & ICO/IDO

The hard cap for maximum token issuance is 420 million tokens.

The token distribution will be as follows:

  1. 18.81% (79M tokens) are reserved forGamified Airdrop for Luna Stakers.
  2. 1.19% (5M tokens) are reserved forWhitelist Airdrop
  3. 2.5% (10.5M tokens) will be allocated tothe Angel round
  4. 2.5% (10.5M tokens) will be allocated toPre-sale, IPC and Pylon pools.
  5. 7.5% (31.5M tokens) will be allocatedfor Community and LP Incentives.
  6. 5% (21M tokens) has been allocated forthe Seed Sale
  7. 9% (37.8M tokens) will be allocated forthe Private Sale
  8. 6% (25.2M tokens) will be allocated forthe Public Sale
  9. 9% (37.8M tokens) will be allocated forMarketing
  10. 3.5% (14.7M tokens) will be allocatedfor Advisors
  11. 15% (63M tokens) will be allocated forthe Team
  12. 10% (42M tokens) will be allocated forthe Treasury
  13. 5% (21M tokens) will be allocated forLiquidity
  14. 5% (21M tokens) will be allocated forEcosystem
Disclaimer

The Whitepaper and the Website are intended for general informational purposes only and do not constitute a prospectus, an offer document, an offer of securities, a solicitation for investment, or any offer to sell any product, item or asset (whether digital or otherwise). The information herein may not be exhaustive and does not imply any element of a contractual relationship. There is no assurance as to the accuracy or completeness of such information and no representation, warranty, or undertaking is or purported to be provided as to the accuracy or completeness of such information. Where the Whitepaper or the Website includes information that has been obtained from third party sources, the Company, the Distributor, their respective affiliates, and/or the Fantasy Terra Co Ltd team have not independently verified the accuracy or completion of such information. Further, you acknowledge that circumstances may change and that the Whitepaper or the Website may become outdated as a result; and neither the Company nor the Distributor is under any obligation to update or correct this document in connection therewith.

The information set out herein is only conceptual, and describes the future development goals for Fantasy Terra Co Ltd to be developed. In particular, the project roadmap in the Whitepaper is being shared in order to outline some of the plans of the Fantasy Terra Co Ltd team, and is provided solely for INFORMATIONAL PURPOSES and does not constitute any binding commitment. Please do not rely on this information in making purchasing decisions because ultimately, the development, release, and timing of any products, features or functionality remains at the sole discretion of the Company, the Distributor or their respective affiliates, and is subject to change. Further, the Whitepaper or the Website may be amended or replaced from time to time. There are no obligations to update the Whitepaper or the Website, or to provide recipients with access to any information beyond what is provided herein.

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