The CUBIX Fantasy Sports Game
Fantasy sports is one of the most popular pastimes in the world today. Roughly 60 million players have been reported to participate regularly in fantasy sports in North America, while there are more than 100 million active players in India alone.
These figures appear staggering on their own. However, once they’re considered alongside future projections, they become even more pronounced. For instance, the fantasy sports industry is projected to experience explosive growth at an impressive compound annual growth rate of more than 10.7% for the 2021–2026 period.
Combine this with the rapid proliferation of the non-fungible token (NFT) market and digital collectibles in general, and the potential implications for the industry are enormous
There are many challenges in the traditional fantasy sports industry that blockchain technology and NFTs can help address. However, the most obvious advantages where these nascent cryptographic standards can be utilized for maximum effectiveness are in proof of ownership and actual ownership of in-game assets with actual tangible market value.
At present, fantasy sports fans playing on non-blockchain-based platforms with non-NFT cards don’t actually own any of their in-game assets. Moreover, all of the in-game assets they may “own” can’t be sold for any significant market value on a secondary marketplace. Lastly, these assets have limited utility, in the sense that they’re typically confined to their intended use as playing cards, and nothing more.
The Cubix fantasy sports platform is meant to change all this.
Cubix can resolve all these issues, and others, by introducing a novel way for sports fans to participate in fantasy sports. The Cubix ecosystem comprises several critical components that work together to support each other, and collectively make up an enjoyable and a potentially highly profitable experience for players.
The components are as follows:
The $CUBIX utility token and the Cubix wallet
NFT sports card packs, which can be purchased using $CUBIX tokens
The Cubix NFT Marketplace, where users can buy, sell, and trade their player NFT cards
A blockchain-based non-NFT fantasy sports game
The NFT-based fantasy sports game
The Fan Club
Below, we take a look at the gameplay mechanics, how to purchase the NFT sports card packs, and how to use them to play the game. Afterward, we dive deeper into the utility of the NFT cards.
Gameplay Mechanics
On the Cubix platform, fantasy sports players are able to choose from among 5 different sports. Due to the size of the total addressable market as well as the
enormous popularity of both soccer and cricket, Cubix caters mainly to these two sports and their fanbase.
The other sports supported by the Cubix platform receive significant attention as well. The Cubix team has invested a substantial amount of energy and time into developing the platform to cater to the other sports audiences, which are composed of cricket, football, rugby, baseball, basketball, hockey, and Kabaddi fans.
Build your own team and play according to your style
Gameplay is broken down for all 5 sports types below.
NFT Fantasy Sports Game. In the NFT version of the fantasy sports game, participants pick their player lineup for an entire tournament or for seasonal matches, and for day-to-day matches. Points are tallied, and winners stand to receive $CUBIX tokens.
F0r the NFT-based version of the game, the types of gameplay depend on the sport, but are essentially divided into different types:
Example
5 vs. 5 NFT player cards
7 vs. 7 NFT player cards
11 NFTs vs. 11 NFT player cards
Different types of pools will be available to users. Cubix will provide some of these pools as a service, but users will also have the ability to create their own pools should they so desire.
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