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The COVID-19 pandemic has forced the world to go digital sooner than it had anticipated. This trend has brought a lot of challenges for the traditional betting industry. The movement restrictions imposed by countries and states have negatively affected the physical sports industry in general. Many planned major events and sports tournaments have been delayed or canceled altogether.
Enter eSports
Generally, the number of people participating in traditional sports betting has significantly reduced, thanks to lockdowns and other movement restrictions.
Research by PWC found that the traditional sports market will experience slow growth of 3.3 percent in the coming years. This is from an average eight percent growth recorded three to five years ago. ESports is gradually but steadily replacing traditional sports.
From the PWC report, eSports is growing fast. Many betters have switched to online games where they can still place their bets. ESports is attracting more and more clients.
Cryptocurrencies and eSports
Just like eSports, cryptocurrencies are gaining popularity, especially after many of them recorded a price increase. ESports is keen to embrace blockchain technology, especially after realizing that cryptocurrencies could be convenient for their clients.
Some experts contend that eSports’ future depends on the use of digital currencies. And since the usage of cryptocurrencies continues to increase in the industry, eSports is probably set to thrive in the coming years.
Both blockchain and eSports are known in some circles as digitally native ecosystems. As such, the two are working towards collaborating. Recently, they have adopted industries such as fantasy sports. Some digital research firms predict that fantasy sports will be the next big crypto market.
Fantasy Sports in the Cryptocurrency Market
Fantasy sports refers to games played online. In these games, players put together teams of real players. The players then go on to compete according to how the real players perform in actual games.
Fantasy sports have become an integral part of eSports and a major entertainment for players. The sports have recorded significant growth during the COVID-19 lockdown. The synergism witnessed with blockchain-based applications could help expand the fantasy sports market.
However, the integration of fantasy sports into the cryptocurrency market is not new and has already gained currency in some countries. For example, Russia’s CSGO skins betting is a popular eSports activity that uses cryptocurrencies.
Similarly, Counter-Strike: Global Offensive is another loved video game by Valve. It’s particularly loved by those who enjoy multiplayer games. In the game, players use cryptocurrencies to place their bets.
Betting with cryptocurrencies has gained popularity as many people start realizing the convenience that comes with it as compared to using fiat currencies.
Since it’s impossible to use cryptocurrencies in traditional sports betting, the use of cryptos might raise a few concerns in the industry. But the digital currencies promise a lot of benefits to eSports. Participating in fantasy sports like Fanspel promises to be even more favorable for cryptocurrency users. Among other benefits, Fanspel offers them great opportunities to place bets and compete with opponent teams more effectively and quickly.
http://www.cryptcointrade.com/is-the-crypto-market-switching-to-fantasy-sports/
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How to play on fantasy sports on Fanspel
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Fantasy football only costs money if you want it to. In fact, the majority of fantasy football participants compete in leagues that don’t have any monetary value. Most of these football enthusiasts participate in this popular virtual sport just for fun. Free leagues have no entry fee , give chance to play free fantasy football league and typically have no monetary prize to be won.
So yes, you can play fantasy football for no cost at all. There are several sites that offer free fantasy football leagues. Free leagues have no prizes because the money pooled as an entry fee is used to reward the winners. However, some sites host free fantasy football leagues at no entry fee, but players can still play for real cash prizes. Players are required to make deposits which act as the money pool from which winners are rewarded.
Sites like Draft Kings, Fanspel and Fantasy Draft offer free fantasy football leagues that give participants entries into big cash tournaments. You can gain access to the regular freerolls of sites like FanDuel.com and DraftKings.com just by visiting their addresses. Such free sites have several free fantasy football contests that can be played against strangers or friends. Below are some of the top free fantasy football sites where you can take part in virtual football leagues at no cost.
Yahoo!
fantasy sports
Yahoo! is one of the first sites to offer mainstream free fantasy sports services. The platform has for a long time been a pillar of virtual sports like fantasy football. Many fantasy football participants keep coming back to play year in and year out. This is because yahoo features an easy-to-use user interface, unmatched in-house fantasy analysis, and real-time stats. The onboarding process is easy and straightforward.
Access to public leagues is easy. The platform also offers custom leagues where players can create customized rosters. Yahoo! hosts a variety of free leagues as well as pay leagues that feature player rankings and more.
ESPN
ESPN football
It is hard to mention American sports and not mention ESPN. This is because the platform is synonymous with sports like football. It is, therefore, no surprise that they offer a stellar fantasy service. The availability of a variety of fantasy football leagues makes the site one of the best.
On ESPN, you can create your custom league or join a private league or public league. The only downside to creating a custom league with ESPN is that their platform does not support public posting like most other online fantasy football sites.
League openings can only be posted on the message board to invite other participants to the league. ESPN is one of the most recommended fantasy websites because it offers both pay leagues and free leagues. Unlike other fantasy websites, ESPN has their own player rankings and offer free analysis.
NFL
The National Football League has put a lot of effort into embracing fantasy sports. This is because fantasy football is a key component of the actual football league’s popularity.
NFL.com offers a quite simple draft application. The site, being one of the better fantasy websites, offers private leagues, custom leagues, and free leagues as well as pay leagues. Fantasy participants that play on the NFL site benefit from defensive player options, fantasy analysis, and player rankings.
Fanspel is also best platform for fantasy football where user can utilize their skills and earn rewards in crypto.
https://www.bitcoinhunts.com/can-you-play-fantasy-football-for-free/
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Trading in cryptocurrencies and trading in stocks is quite similar, and the landscape requires that you avoid mistakes that can prove inevitable and common. To become successful at crypto trading, you must learn to navigate the intimidating but exhilarating world of financial markets to learn a few strategies.
Cryptocurrency trading is less about luck and more about disciplined habits, experience, and following fundamentals. To make money as a crypto trader, you must target short-term changes in the market prices of your preferred coins, buying when it’s low and selling at a higher price.
Understanding Cryptocurrency Trading
Crypto markets may be relatively new compared to the stock commodities and asset exchanges, but their trading operations aren’t nascent or out of the ordinary. Trading cryptocurrency means you are dealing with a less mature market and therefore not as easy to predict, and prone to wild price swings.
External factors like financial news have a significant impact on crypto market prices due to the huge number of speculators. That said, these digital assets are more decentralized, and economic or political concerns don’t much affect their supply and demand.
Critical Factors That Must Be Adopted For Successful Cryptocurrency Trading
Spurs to the crypto market include advances in blockchain technology and coin adoption or integration as assets seek to find the case uses away from the exchange. As a successful cryptocurrency trader, you’ll need to:
Manage Risk
The golden rule for any form of asset trading is that proper money management requires that you don’t risk more than 2% of your capital on any one trade. You can also tone down the risk of losing in the crypto market by diversifying your investment portfolio in a number of coins, particularly if a group of digital investments is being affected by the same negative factors.
Look Out For Newer Alternatives
There are new additions daily in the cryptocurrency markets, and with a keen eye, you can capitalize on these options, turning them in your favor. Blockchain-based startups and ICOs or initial coin offerings are often crowdsourcing opportunities that you can get into.
Have Set Goals with an Entry and Exit Strategy
Avoid going into crypto trading without a strategy that includes a stop-loss rate, time frame, and exit point, else you’ll get lost in the market. You can implement strategies like the DCA or Dollar Cost Averaging technique that buys a fixed amount of a portfolio despite its price, at a regular interval.
Clarity points will give you direction, helping you to scale your investment and take out profits from crypto projects like Fanspel token most trusted coin, and minimizing time wasted aimlessly roaming around. Your strategy should be adopted and followed to the letter else you can forget about success in cryptocurrency trading.
Conclusion
Increased coin mining, new ones being created, or a sell-off can cause oversupply which forces the price down. Price will rise when there is demand for a certain crypto coin, for which you must consider market capitalization on the value of all existing coins to perceive the development of the market.
http://www.thebitcoinerworld.com/what-is-the-key-to-success-in-cryptocurrency-trading/
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In recent years, there have been a surging interest and demand for blockchain technology in several industries. Blockchain is a distributed ledger that presents potential benefits to whatever field it is applied to including the real estate industry.
Currently, the system employed in real estate has a lot of limitations such as lack of transparency, poor data security, inefficiency, and so on. In real estate, transactions are carried out via face-to-face engagement with interference from centralized entities. This can reduce the efficiency of processing transactions especially when there is a break in the command chain. All these inefficiencies can be avoided with the application of blockchain.
Blockchain offers efficient data processing, top-notch security, and a trusted environment for efficient transaction processing in the real estate industry. With the adoption of blockchain, dependence on third-party entities is eliminated owning to its decentralization feature. This enhances the performance and productivity of a real estate business.
A particular aspect of blockchain that applies to real estate is the concept of smart cities. Real estate around the globe is gradually evolving towards smart cities. It is a wide-range interconnection of a network, services, and transactions that are integrated into the cities to provide solutions to day-to-day problems. This concept will be further discussed in the article.
How blockchain impacts the real estate industry
Blockchain offers reasonable solutions to the problems of the traditional system. Here are a few of the ways blockchain plays in real estate;
Smart contracts
Smart contracts are a set of computer protocols and algorithms that control the verification and execution of a contract. Blockchain can create, store and process business contracts across the globe without intervention from middlemen with the help of smart contracts. The data stored in smart contracts are immutable, secure, and transparent. This will improve the trust among participants and evolve transaction processing in the industry.
Smart contracts execute transactions when all the requirements of the agreement are satisfied. This ensures that data is tamper-proof and free from fraud.
Liquidity
Real estate is ideally not a liquid asset because of the long period it takes to close a transaction. So for investors looking for early returns, liquidizing these assets may seem a difficult task. Other assets such as cryptocurrencies and tokens are liquid and can be readily traded for fiat currencies. However, with blockchain, real estate can also be readily traded by tokens.
For example, instead of tokenizing an asset to 10 investors, you can publicly open the business for more potential investors which will increase the volatility of the real estate.
Ownership
Blockchain offers a trusted system that verifies the ownership of the asset. It also supports investors to make legitimate claims to partial ownership of the real estate. This is possible as investors are entitled to small fractions of tokens by trading on a trading app. This limits unnecessary commitments to the asset such as maintenance and leasing.
No Middlemen
There is a significant number of middlemen that are involved in real estate. This reduces the processing time and increases the costs of running and maintaining a real estate business. Blockchain cuts out the middlemen and ensures that both parties benefit from the transaction.
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Put your betting skills to test with Fanspel– the first Blockchain-based fantasy sports platform. Join the Fanspel community and stake your way to the very top!
Real estate is one of the many industries that are enlightened to the benefits offered by blockchain. Blockchain may be an emerging technology but is already a valuable interest in the real estate industry. http://www.thebitcoinerworld.com/impact-of-blockchain-in-real-estate/
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Logistics is gaining massive momentum and has become one of the key concepts of the industry. As of 2017, it was valued at an estimate of $8.1 trillion and it is projected to double that valuation by 2023. Logistics aims at delivering items in their intended location within minimal time, cost and damage.
The current system employed in logistics is quite expensive and inefficient. This reduces the profit to which companies and retailers are entitled due to extravagant middlemen costs, cyber-attacks, and theft. A high percentage of deliveries have been labeled missing due to mismanagement and theft peculiar within centralized organizations.
Blockchain technology offers a decentralized and reliable solution for corporate organizations and companies to provide efficient service to their customers. It is an end-to-end network that enables peers to perform transactions without the interference of a centralized entity. Blockchain extends features such as transparency, security, and immutability which are paramount to the logistics industry.
Why consider blockchain?
Blockchain addresses the inconsistencies common in the current system. It provides a public ledger system that improves the efficiency of logistic operations. It also documents changes to a record in real-time which can be effective in avoiding unnecessary errors in the delivery process.
The decentralized nature of blockchain is important in logistics as it reduces dependency on centralized organizations. Centralized agencies are unreliable and can reduce the productivity of goods and services. With the use of smart contracts, transactions can now be carried out without any interference from third-parties such as lawyers, corporate firms, and many more. Smart contracts ensure that the ends of both parties involved in the digital transaction are met before successfully ending the contract. Data stored in the blockchain network is immutable which will improve transparency and integrity in business transactions.
How blockchain can impact the logistics industry
Data security
The current systems employed in logistics are centralized which can be exposed to malicious attacks by an intruder to gain total control of the system. Blockchain provides a better alternative to eliminate potential threats common in the traditional system. Due to its decentralized nature, there is no single way of accessing generic data to make changes.
Blockchain employs the concept of private keys to protect user identity and funds which makes it difficult to breach the system.
2.Permission distribution
In blockchain, information is granted to participants according to their access limit. Meaning that generic information can be accessed by any participants while specific information can be accessed only by people with administrative permission privileges.
3.Real-time item tracking
Delivery items can be successfully tracked in real-time using blockchain technology. This feature helps to reduce irregularities and theft in the logistics industry.
A troubling percentage of cargo have failed to reach their destinations in recent years. However, with the application of blockchain, every irregularity and mismanagement is eliminated due to the absence of a middle-man.
4.Transparency
One of the major benefits of using blockchain technology in logistics is transparency. A major issue in logistics is the inability to trust the integrity of the data. Organizations usually go the extra mile in ensuring that their data isolated from others, leading to a lack of transparency.
Blockchain offers a decentralized and transparent system of storing and accessing data for general use.
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Put your betting skills to test with Fanspel– the first Blockchain-based fantasy sports platform. Join the Fanspel community and Stake your way to the very top!
http://www.thebitcoinerworld.com/impact-of-blockchain-in-logistics/
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FANSPEL IS THE CRYPTO BASED FANTASY SPORTS PLATFORM
Fanspel is the gaming platform that offers the sports that’s are connected to real time games.
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Fanspel Cryptocurrency fantasy sports Platform
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Website: https://www.fanspel.com Register: https://app.fanspel.com/registerFanspel is the gaming platform that offers the sports that’s are connected to real...
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