Fanton Fantasy Football, the blockchain-based fantasy sports platform integrated into Telegram, is delighted to announce a $1M seed investment round. Animoca Brands, Delphi Ventures, and Kenetic Capital were among the leading blockchain and venture capital investors in this round.
The strategic backing of Sign VC, PAKA Fund, and Hashkey x TON Accelerator increased the investment even more. The funding, especially within the TON ecosystem, is evidence of Fanton’s innovative approach to fusing fantasy sports with state-of-the-art blockchain technology.
Due to its creative platform and thoughtful integration into the Telegram ecosystem, Fanton Fantasy Football has quickly become a prominent participant in the GameFi and blockchain sports industries.
Telegram, which has over 950 million members worldwide, offers Fanton a special platform to connect with a sizable following of fantasy sports fans. The CEO of Telegram, Pavel Durov, has personally approved the project and owns a Soulbound Token (SBT) NFT exclusive to it, further validating this connection.
Fanton’s platform is well-positioned for exponential development in the rapidly expanding SocialFi gaming market, having already drawn over 3 million users and more than 300,000 connected wallets. With its unique blend of social networking and decentralized finance (DeFi), SocialFi is a fast-growing industry that has the potential to completely transform the social media and gaming industries. With a platform that engages users through fantasy sports and gives them access to financial incentives and prizes made possible by blockchain technology, Fanton is at the forefront of this transformation.
High-profile investors like Hashkey x TON Accelerator, Delphi Ventures, and Animoca Brands are supporting Fanton, which is a strong indication of his ability to upend the established fantasy sports industry.
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These investors are essential to Fanton’s future development and success since they provide not just sizeable funds but also a plethora of strategic insights and a global viewpoint.
Tommy Shaughnessy, Founding Partner of Delphi Ventures, said: “We are thrilled to support Fanton in their journey bringing Fantasy Football to Telegram’s 950 million users. Fanton is tapping into the massive global appetite for fantasy soccer with the reach of Telegram and the incentives of Crypto to offer fans a more engaging connection to a sport they love.”
Fanton is well-positioned to continue its revolutionary expansion in GameFi and fantasy sports with the new cash and strategic assistance from industry leaders. The funds raised will be wisely spent to improve the platform’s functionality, increase its market reach, and integrate blockchain technology to give users a more immersive and rewarding experience.
By adding new features that increase the platform’s interactivity and engagement, Fanton will concentrate on improving the user experience. This entails creating brand-new game modes, including popular sports besides football, and using cutting-edge blockchain capabilities for increased user control.
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Furthermore, Fanton hopes to broaden its market penetration by increasing the number of its Telegram users and looking into prospects for platform integration. Fanton is determined to maintain its position as a leader in the blockchain technology space by developing and providing users with enhanced security, transparency, and control over their personal information and in-game assets.
About Fanton Fantasy Football
Fanton Fantasy Football is a blockchain-based fantasy sports platform that lets users establish and manage teams, compete with other players, and earn incentives. Fanton’s Telegram integration provides fantasy sports fans with a seamless and engaging experience.
