How Blockchain Technology Is Changing the Way Fantasy Football Is Played

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Estimated reading time: 2 minutes, 16 seconds

Football season has arrived, and that means it’s time for what is quickly becoming America’s new favorite pastime, fantasy football. It’s the time of year when wives and girlfriends become weekend widows, as their significant others spend their Saturdays and Sundays watching a seemingly endless parade football games.

It means many us will be rooting for an obscure kicker, from a team we don’t care about, to kick one extra field goal, so we can go to our jobs and taunt our co-workers the following day.

Fantasy Football is great; there is no question about it. However, as with anything in life, there’s always room for improvement or at least a different take on how the game is played.

Applying blockchains to Fantasy Football

California-based technology company Intel has been working on its own blockchain-based fantasy game. However, their version is quite a bit different from your standard fantasy football game.

Intel’s version gives each player a digitized asset that represents shares of a team, along with what are called “mikels,” a form of in-game currency. Players acquire the currency (mikels) with buyback offers from the league based on their team’s performance. The player with the most mikels at the of a designated period wins. At present, the game is only open to certain Intel employees as they continue with testing.

Try it out this season; but be safe

For those who are looking to play blockchain-based Fantasy Football this season, sites such as Protoblock.com are currently available. Protoblock.com claims that its mechanics help to eliminate luck from the fantasy equation; which in turn, allows expert players to distinguish themselves. Fantasy players know there nothing more frustrating than losing to someone in
your league that hasn’t updated their lineup in a month. If the site’s information is accurate, this could prevent such fantasy-travesties from occurring. The blockchain-friendly site uses a virtual currency known as Fantasybits (FB).

Potential players should always do their own research before signing up for Protoblock.com (or any other website for that matter).

More secure & real reputation

Besides offering different ways to play fantasy sports, blockchain technology is also providing new alternatives to assure data integrity (like scoring) is secure and transparent. This is especially important for those who like to wager on their virtual teams. Fantasy 6 Sports and BTL Group have partnered to create a proprietary system known as Secureplay.

According to the company website, “SecurePlay provides complete transparency of Daily Fantasy sites, and customizable real time Smart Alerts to notify regulators if rules are broken or if any data is tampered with.”

For folks looking for new or more secure ways to play fantasy football, blockchain technology offers some interesting alternatives.

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