Sports have existed longer than we can imagine and have piqued the interest of billions of people (athletes and sports lovers). Participation in sports is growing rapidly; global sports participation is estimated to reach 3.5 billion people at the end of 2025. With this number of people, sports stands to be the second most common leisure activity after traveling. A whopping 35% of the world’s population is predicted to participate in sports once a month.
Fantasy sports are one of the most enjoyable types of sports. Fantasy sports are online games in which you, as a manager, build a virtual team of real-life athletes and compete in ongoing or upcoming leagues. Your team earns points based on real-world statistics, which are then converted into fantasy points. The better your player holds up in real life, the higher your fantasy points.
With technology moving to the next level, the growth of fantasy sports is bound to increase. Currently, the fantasy sports market is driven by the launch of various apps for fantasy sports.
One of such applications is Polysports. Read on to find out more about this jaw-breaking project.
Meet Polysports
Polysports is a play-to-earn gaming platform in which users employ their skills to build, vie and receive rewards for their contributions to the Polysports ecosystem’s growth.
The Polysports project’s vision is to build one of the largest communities of avid sports fans, cryptocurrency enthusiasts, and traders who can gain from their quality services as well as have an enjoyable gaming experience. Polysports is blurring the boundaries between Web2 and Web3 users by utilising blockchain technology and an in-built wallet — an absolutely essential development.
Users of Polysports can not only play virtual games by forming competitive teams based on their skills, but they can also connect with friends, create, trade, and collect unique NFTs, as well as play games in the metaverse.
Polysports NFT Metaverse features a Sports-focused NFT Marketplace, rare influencer NFTs and Exclusive NFT drops. That is not all, users also have access to Play-to-earn (Casual &
RPG) games in the metaverse, NFT passes, and rare and limited edition NFTs that can be traded, auctioned, and sold for profit.
Polysports Gameplay
Polysports is easy and fun to play. We are almost certain that once you get started with these games, you might just get addicted. In this section, we have listed four steps to help understand how Polysports’ gameplay works.
Step 1: Pick A Match
On the home screen, a large list of upcoming matches/leagues is updated. You can choose a sport and then a match to participate in.
Step 2: Create Your Team
It is here that your knowledge and experience come into play. Select your finest players and put together your perfect team with 100 credits. Here’s how to quickly create a team on Polysports: ➔ Select 11 players to form your team.
➔ Choose your Captain and Vice-Captain carefully to increase your odds of winning. ➔ Save Team and viola! you have successfully created your first team.
Step 3: Join Contest
Participate in one of the outlined contests. The contest categories you will find outlined are: ➔ Micro
➔ Mini
➔ Mega
➔ Head to head
Step 4: Track Your Fantasy Score
The contest screen displays the contests that have been joined. Your team’s progress in an ongoing match can be monitored on the leaderboard, and the points are updated in real-time. Players are awarded points based on their actual game performance on the field.
Key Features of Polysports
Fan Bidding
With the Fab Bidding Feature, users can bid on the most sought-after NFTs for a fraction of the price.
AI Models
There are cool AI models available on Polysports to help users improve their game.
Newbie Friendly
You don’t have to struggle with finding your way around Polysports’ website. Its UI is easy to use and you definitely will not experience any hassles with the play options.
Defi Integrated
Users can stake Polysports tokens and earn more
Activity Rewards
Users get rewarded for staying active on the Polysports network
Sports NFTs
Polysports’ users can create, collect and trade sports NFTs on the platform.
Polysports’ Edge Over Other Competitors
According to the Polysports team, here are its competitive edges:: 1. Web3 Advantages – Defi, Staking, transparency, P2P, Earn in crypto 2. Team’s experience in building and scaling similar sports and esports app 3. Multiple engagements and earning options for Sports fans and traders. 4. Direct connect between fans & their favorite stars – Star Galleries/NFTs 5. Small and agile team
Meet the Brains Behind Polysports
Token, Token Utility, and Tokenomics
The native token of the Polysports Ecosystem is $PS1 ERC-20. This unified token can be used for a variety of games in the Polysports Ecosystem. The $PS1 token can be used to pay contest fees, buy assets, play casual and RPG games, accept game rewards, as well as redeem fiat swaps, and do a slew of other things.
Token Utility
● Referral Mining
Users of Polysports can redeem $PS1 by referring friends. Polysports offers a win-win opportunity for both the referrer and new users.
● Strong Referral System
Earn additional monthly income from 7 levels of referrals as they play and earn by staying active and participating in contests.
Unique Rewards System
Users are rewarded with fantastic incentives such as daily check-in bonuses, spending bonuses, and other loss-less protection-related incentives.
Sports Club, Advertising and Enterprises
Advertisers or sports teams targeting their fans would purchase $PS1 tokens on the open market and pay platform fees for listing, services, or space on the platform.
Staking and Farming
By staking and locking $PS1 tokens, players, traders, and users will be able to access the platform’s freemium and premium services. To earn an extra $PS1, users have to stake and farm $PS1 Tokens in response to in-app promos and contests that would occur now and then. Users would also receive discounts in the form of lower or just no Platform fees for the length of their staking.
Buybacks/Airdrops and burn
Quarterly, a portion of the revenue would be used to repurchase $PS1 tokens from the open market to airdrop in-app promotions and burn tokens to maintain a decent token circulation both within the app and on the open market. As part of the strategies to gain new users and give them a feel of the platform, $PS1 would be airdropped to new users to absorb free gameplay and transaction fees.
Tokenomics
➔ For private and public rounds, 29% of the total $PS1 tokens will be available for purchase.
➔ Value/Advisors were allocated 6% of the total $PS1 tokens vested for 12/22 months with a 3/6 months cliff.
➔ For their important role in creating value in the project as a whole, 15% of the tokens will be credited to the team over time, with team tokens vested over the next 22 months with a 9-month cliff.
➔ 12 % of the total $PS1 tokens will be kept in reserve and treasury to ensure that CEX and DEX have sufficient liquidity.
➔ 20% will be allocated for game mining and direct game rewards.
➔ Ecosystem growth will receive 17% of the funds, to be used to build and improve the Polysports ecosystem, including marketing and partnerships.
➔ 1% of tokens are reserved for early investors and supporters, as well as vesting bounty programs.
Roadmap
● Q4 2021
○ Idea Conceptualized
○ Intro Website Launch
○ Roadmap Launch
○ White/LitePaper Release
● Q1 2022
○ Alpha Android DFS App
○ Alpha DFS Web App
○ Striking Partnership with other Web3 Projects
○ Influencer/ Marketing Partnerships
○ Community Building
● Q2 2022
○ IDO, Listing on DEX
○ Listing on CEX
○ Alpha IOS DFS App
○ Exclusive NFT Airdrop
○ Staking & Farming
○ Web2 DFS KOL Onboarding
○ Beta DFS Launch
● Q3/4 2022
○ DFS Enhancements
○ Further Community Airdrops
○ NFT Marketplace Alpha
○ NFT Metaverse
The Polysports team has hinted that it will announce more of its plans for its users and the crypto community at large.
Communities
Join the Polysports community on any of these platforms:
Website – https://www.polysports.org/
Telegram – https://t.me/polysportsann
Twitter – https://twitter.com/polysportsio
Medium – https://medium.com/@polysports
YouTube – https://youtube.com/channel/UCHDfBR5HVt5KeOw4_DsOsAQ