OxyO2 Fantasy Gaming
Last updated
Last updated
The advancements in ever-evolving online gaming industry, Fantasy Sports have seen a lot of changes in user behavior and experience. A lot of players have entered the industry and hundreds of games are introduced in the market to the delight of the fans.
With the introduction and attractions of the blockchain technology in gaming, a lot can be done to benefit the players of these games such as bringing them more earnings, better cashing out procedures and variety of online fantasy games.
oxyO2 Project brings you a digital sports platform of playing Fantasy Sports while using blockchain technology and cryptocurrencies to ordinary fantasy players. The project has created a native token called OXYO2 that seeks to provide simple yet secure interaction between the players and the league action that they love. OXYO2 token is integrated on BNB Chain as a BEP-20 token.
All the players on oxyO2 will be allowed to play a wide range of fantasy sport games or even create their own custom games. The participants and winners of fantasy pool games are awarded with OXYO2 token which can be used to redeem entry tickets to play more games, access to platform’s premium features, or can be traded on live crypto exchanges for fiat and other cryptocurrencies.
The Fantasy Sports industry has been through 5 consecutive years of growth and the trend is forecasted to continue. It is expected to surpass 100 million in 2024, according to market research.
Despite the wide popularity of fantasy sports games, it has several obstacles preventing players from getting the best gaming experience possible.
High Fees & Less Rewards
Most sports betting sites charges very high fees for players and low amount of participation or winning rewards.
Lack of Accessibility
Due to lack of regulations in certain countries and regions, many fans are not able to join these online platforms. No Real Rewards
While free to play gaming can be fun, many competitive gamers prefer fantasy sport games with stakes as it can enhance the competitive experience.
Counterparty Risk
One of the biggest issues currently with online fantasy is counterparty risk. Not knowing for certain if funds can be withdrawn continues to be one of the biggest issues for gamers.
oxyO2 project removes barriers and increases transparency by bringing blockchain technology to the fantasy sports.
The platform will be managed and governed by native token OXYO2. OXYO2 token could be traded on official exchange partners. By using OXYO2 token to play games, instead of arbitrary meaningless free to play points; players would be able to enjoy competitive sports fantasy gaming with meaningful tangible prizes without resort to online sports betting sites.
Furthermore, as oxyO2 rely on blockchain technology in order to create a trustless system; it removes all aspects to counterparty risk. Players can even transfer their OXYO2 tokens to their own third party wallet or digital currency exchange.
oxyO2 will bring very best fantasy games from the industry including Football, Cricket, Golf, Basketball and numbers of other high-profile leagues.
