Humbyl (HBL): The Revolutionary Fantasy Sports App
DESCRIPTION
Humbyl Coin is a decentralized ERC20 Fantasy Sports cryptocurrency built on Ethereum blockchain engaged in creating an online sports predictors community platform with celebrities and other Fantasy Sports players. It leverages experience and winning chances of players to all Fantasy Sports around the world.
A fantasy
sport is a type of online game where participants assemble imaginary or
virtual teams of real players of a professional sport. These teams
compete based on the statistical performance of those players' players
in actual games. This performance is converted into points that are
compiled and totaled according to a roster selected by each fantasy
team's manager. These point systems can be simple enough to be manually
calculated by a "league commissioner" who coordinates and manages the
overall league, or points can be compiled and calculated using computers
tracking actual results of the professional sport.
Playing
fantasy sports not only increases fantasy players’ understanding of the
sport, but also strengthens bonds among participants of private leagues.
Fantasy players can also make a nice profit from paid contests with
enormous prize pools. Major sports sites offer fantasy sports products
to increase TV viewership of games and general interest in sports. Major
companies have also launched popular fantasy sports websites such as
FanDuel.com, and DraftKings.com, etc.
Meanwhile,
the blockchain technology has now evolved manifolds in last decade from
just a cryptocurrency technology to a distributed ledger technology that
is taking different industries by storm.This technology ensures
immutability, tough security, anonymity, transparency,
disintermediation, validation and authentication in the system where it
is implemented. Translating Fantasy Sports business into a blockchain
world could have even more potential, turning the reward system into a
cryptocurrency nirvana.
On the
other hand, with the number of fantasy sports players in North America
heading past 60 million, and the industry said to be worth more than $7
billion, fantasy sports games are clearly on the rise. This is the aim
of numbers of blockchain-based fantasy sports startups was created, e.g.
Digital Fantasy Sports, Sportdex, etc.
Introduces you to Humbyl Inc.! Humbyl Inc. is a blocckchain-based fantasy sports startup powered by a cryptocurrency called HBL. Humbyl was created out of the growing demand for a fantasy sports platform utilizing a safe and secure cryptocurrency.
Humbyl Inc.
is a global, creative and decentralized organization and an
international fantasy sports mobile and web application with an emphasis
on security and anonymity. Using Ethereum (ETH) as its’ base, HBL
allows the platform to provide users a universal token with real value
that can be exchanged in any country, anonymously.
Humbyl Inc. aims to compete against giants in the fantasy sports space – including FanDuel and Draft Kings.
Together, these two companies own almost 90% of the US market for
fantasy sports. Similar situations exist around the world. That’s why
Humbyl Inc. charges a 5% rake instead of the 10% rake charged by other
fantasy sports platforms.
Below is the comparison table of Humbyl and others sport fantasy platforms:
On its world's first Sport Celebrity Challenge
feature, Selected HBL holders will be able to compete with professional
athletes partnered with Humbyl. This celebrity-based approach leaves
Humbyl open for a variety of interesting competitions and challenges
that may give it a unique edge over competing platforms.
Humbyl has an incredible partnership of athletes from the NBA, NFL, and Boxing. Basketball fans may be interested to hear that a list of NBA Stars, including Seth Curry, Kyle Kuzma, Jason Richardson and Ekpe Udoh, have joined an ongoing list of celebrity partnerships with Humbyl.
The startup
company will utilize a ethereum based cryptocurrency token (symbol:
HBL). HBL token has a particular рurроѕе whісh is to fuеl the platform
ecosystem. The token will be derived from a standard Ethereum ERC20.
It's means that HBL can be held, sent and received by any
ERC20-compatible wallet such as MyEtherWallet, MetaMask, and Mist.The
token total supply is - 1 billion HBL.
For more information about Humbyl, how it works, and/or its HBL token sale, you can visit online at https://www.humbyl.io/ or visit the company whitepaper available at https://humbyl.io/whitepaper.
author:
BTT username: rivaldo2020
BTT profile link: https://bitcointalk.org/index.php?action=profile;u=2051385
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