Launched during IPL2022, Sportsverse.trade is one of the world's largest decentralized sports trading platforms. It has taken the web 3 space by storm and has emerged as a reliable and trustworthy player in the market of fantasy cricket, thanks to its cutting edge blockchain technology built on polygon.
To start playing on Sportsverse, users can either download their sportsverse app or log-in using their social media accounts such as Google, Facebook, Telegram, or Instagram. Once logged in, users can possess their favourite team fan tokens, which will be credited to their wallet. There are currently 10 Sportsverse.trade team Fan tokens namely Chennai Sportsverse Cricket (CSVC), Mumbai Sportsverse cricket ( MSVC) and of other teams that will represent a user's support for their chosen favourite t20 cricket team.
Sportsverse.trade Team fan tokens are also listed on Dextools & Uniswap, a trusted exchange which is managed by a global community of Web3 enthusiasts & sports fans lovers.
What differentiates this platform from other betting platforms & fantasy games platforms is unlike them, where the winning or loses are determined at the end of the match - sportsverse.trade is based on decentralised stock trading principle, functioning as a long term or short term investment strategy based on the user’s competence and analysis of the game. On Sportsverse.trade Platform, users operate on the same philosophy of an investor, who are committed to a company, in the case of Sportsverse.trade platform – to a team and monetize their loyalty and predictive analytics of the game. Just like on a stock exchange, how the stock price is volatile and fluctuates according to the demand & supply basis of the news & events of the market condition - company information, performance of the company and industry parameter, similarly the pricing of the team fan tokens is also determined by all related news, events, or incidents in the particular match and post-match, affecting the token price because of the supply and demand created among the team fan holders.
Mohit Goel, Founder & CEO, Sportsverse.trade says, "The fluctuations of token price are similar to the stock market, where the call of the token owner to buy/sell tokens based on related news and their own statistical forecast of the game will have an impact on the token price. The general concept of winning and losing in trading applies. Users can win by buying low and selling high. They can also secure wins by holding onto tokens and waiting for the right time to monetize them. However, missing the right call and buying high while selling low can lead to a loss. The fan-token holders also have priority accessibility to phygital NFTs launched by our platform which can be redeemed and exchanged for match tickets, sports memorabilia merchandize, Player Meet & Greet and more real-time utilities in the next stage.”
India is a cricket crazy nation and Sportsverse.trade is the go-to platform for all the cricket fans to monetize their knowledge gained over the years. As a trading platform it is committed to promoting sensible trading practices, recognizing that trading can result in losses.
Sportsverse.trade will also be on Shardeum and is giving away free tokens and mystery gifts to its community users.
So don’t just clap and cheer for your favourite cricket team this T20 season, profit from smart tardes fuelled by your cricketing knowledge.
[Disclaimer: Fantasy sports game may be habit-forming or financially risky. Play responsibly. The information contained herein is merely based on parameters including but not limited to players’ past performance & records, players’ fitness & availability, ground conditions, weather conditions, etc. An individual intending to participate in any such fantasy sports game on any platform shall have to use his/her own skill, wisdom & judgement while creating a fantasy team. Accordingly, reader discretion is advised.]