Maincard is a blockchain initiative that aims to provide Fantasy Sports fans with a new way to connect with their favorite sports. By including cryptocurrencies and NFTs, Maincard users will not only be able actually to own the assets they earn along the way, but they will also be able to boost their profits. For millennia, sports have been a vital element of every major culture. Polo and boxing are two team sports that have endured for over 2500 years. These sports and events brought people together and made their fan communities an intrinsic part of them.
Technology has allowed fans to connect with their favorite sports, teams, and players in novel and exciting ways.
Let’s get started with Maincard!
What is Maincard?
Blockchain technology allows Maincard to operate in a wide range of countries on its decentralized platform. This enables everyone with access to cryptocurrency and the internet to participate in fantasy sports, bringing the experience to individuals who have never had the opportunity to participate.
Maincard also aims to be a resource for anyone interested in learning more about cryptocurrency, NFTs, and gaming. It accomplishes it by using unique gamified tools meant to make access to the Maincard experience not just accessible but also enjoyable.
The project’s principle is straightforward: register, link your wallet, purchase NFT cards (maincards) to place bets on your favorite sport, and receive your winnings if you win! You may also compete with other players to win more Maincards and privileges and launch fundraising campaigns to attend your favorite sporting event.
The team has already achieved several significant milestones, including full integration of Opensea into its platform, the construction of infrastructure on Polygon, the development of a randomizer to ensure fairness in the minting of the five levels of NFTs, and acceptance into the HYPE Web3 acceleration program in Tel Aviv. Over 1000 customers in the queue will be able to access high-quality content immediately, thanks to contracts with renowned sports content suppliers.
What Benefits Does Maincard Provide?
At first look, Maincard appears to follow a similar strategy to other projects: the minting of NFTs to represent sports cards, which collectors, players, and investors can use.
Maincard, on the other hand, aspires to be much more than a collectible. It will implement several functionalities to enable maincard NFT holders to interact with them.
Battles
Predictions on eSports and conventional sports will be the primary role of maincards. Those that correctly forecast it will reward results with money and unique maincards.
However, Maincard has included a mechanism that would “damage” maincards used on a dire prediction rather than removing the card. We can heal these damaged cards later if they have enough “lives,” which vary depending on their rank.
Upgrading
When a player achieves a winning streak, their maincards will be improved, allowing them to earn more money. It implies that players can make by correctly forecasting results and maintaining their winning streaks, further encouraging and rewarding player participation.
Player Against Player
Players that want to play against each other can also do so using their maincards. This feature will function similarly to conventional predictions but will vary in that players can obtain access to each other’s cards. This increases the risks connected with the wager while also increasing the payout.
Trading
The Maincard marketplace will allow players to exchange their maincards in new ways, with improved cards in high demand. Because of the NFT nature of the cards, players genuinely own them, which opens the door to a new kind of profit generation.
Players will likely seek to upgrade their cards before selling or trading them, much as they do in MMOs and traditional gaming, rewarding their knowledge and effort.
Weekly Bonuses
Maincards will include a weekly scoreboard to show participants how well they do as a project based on classic Fantasy Sports. Every week, the top three managers will get rare NFTs and cash rewards for exceeding the other players.
Fundraising Campaigns
Fundraising campaigns, maybe the most unique feature, will allow 4th-level maincard members to organize a campaign aimed at attending their favorite sporting event. Other players will be able to give NFTs, assisting fellow sports enthusiasts in making their dreams come true. With the ability for players from all over the world to join Maincard, this feature will allow millions of fans to experience what local fans can easily do daily.
The Maincard Crew
A project is only as powerful as its people, as everybody in the blockchain industry knows. In terms of the core staff, Maincard has assembled a group of some of the most talented individuals in the industry.
While the team has yet to reveal the identity of the founders to the public, they have made this information available to investors, journalists, and a select few. Maincard was developed by seasoned software engineers with extensive cryptocurrency experience.
The founders are well-versed in the industry’s intricacies and have been die-hard sports fans since infancy, engaging in many channels to communicate with their teams.
This not only indicates that many individuals are committed to the project, but also that it will not jeopardize the product’s integrity for financial reasons.
On the other hand, the leadership team consists of serial entrepreneurs who have launched numerous successful firms with a total Annual Recurring Revenue (ARR) of more than $50 million. It also comprises the development chiefs of the top-tier financial and major four organizations.
Conclusion
Maincard is a novel approach to the popular Sports Fantasy management niche. Not only does it provide actual ownership through NFTs and crypto, but it also provides novel methods for fans to benefit from and communicate with one another.
The addition of the fundraising campaign tool demonstrates the development team’s love for sports, going above and beyond the features that anybody would anticipate. The focus of Maincard is on engagement and enthusiasm.
Yes, revenue and profit are vital aspects of the project. Nonetheless, its attempts to educate and create an interactive experience demonstrate a dedication to assisting sports enthusiasts in enjoying their interests in new and vital ways.
So far, the Fantasy Sports sector has grown solely via the efforts of third parties, bringing nothing new to the table. Maincard aims to change this reality by introducing new technology and reviving fantasy sports.
Also read: What is Decentralised Finance? [Crypto Investor’s Guide]