Ƒantasybits - A token of fantasy football skill - Live Blockchain Apps - Get paid to play for FREE! [protoblock.com]steemCreated with Sketch.

in #fantasysports7 years ago



Solution to one of blockchains most vexing problems? Professional Sports!

Solution to a real-world problem effecting 60 million fantasy players? Blockchain!

Side effect of solving High-Frequency-Trading for Wall Street? Priceless!


TokenSkill.png

Fantasybits


Fantasybits are crypto-tokens in the Protoblock blockchain. New Fantasybits are minted based on the statistics from professional sports games.

🏈 Action: Start earning Fantasybits in only 30 seconds!

Free and easy (from week 1 to week 16 of NFL season)
  1. Download Protoblock
  2. Claim Your Name
  3. Copy Average and Send
Protoblock Basic Play

Specifically, 100 Fantasybits are created for each Fantasy Point scored in the NFL. All Fantasybits are subsequently awarded to players of the Projections Game , according to the distribution algorithm.

⛓ Data


Using NFL data turns out to work great with blockchain. As many have witnessed, blockchains are often counter-intuitive. Professional sports results are future random data with interesting properties. Firstly, the place and time of the game is common knowledge, which can be obtained via consensus without trusting an Oracle. Which leads to the next amazing properties of sports stats, it can be used as the glue in Proof-of-Stake consensus protocols.

Usually blockchains cannot have knowledge of any external data to reach consensus, otherwise your susceptible to both Sybil and long-range attacks. This is the reason Proof-of-Stake is generally not considered a good method of reaching distributed consensus. However, we have Tom Brady, and 60 million US based fantasy football players. These fantasy players know exactly how many touchdowns Tom Brady scored in week 2! So, if you give them a way to input their own stats for Tom Brady, then they will reach consensus with everyone else that has the same stats for Tom Brady.

If a DFS (Daily Fantasy Sports) company outright lied, and said that Tom Brady scored 6 touchdowns in week2, everyone will stop using them. So, if you incentivize these 60 million people, by paying them to play fantasy football, you now have reached distributed consensus which can be exported and potentially monetized!

🏈 Fantasy Points

Fantasy point scoring is a 30yr old system for normalizing NFL player stats across different positions. The standard PPR (Points Per Reception), scoring system is used, see table.

Player Positions:

All NFL players in these positions are used in the protocol
  • QB - Quarterback (red)
  • RB - Running back (green)
  • TE - Tight End (purple)
  • K - Kicker (orange)
  • DEF - Team Defense (blue)

⛓ Skill

Proof-Of-Skill is the proposed consensus mechanism for minting and distributing Fantasybits.

ƑɃSkill balance as seen on Protoblock Trading screen

Skill or ƑɃSkill are tied to your earned virgin Fantasybits from the projections game. This is equivilant to coinbase outputs in bitcoin. When you transfer your Fantasybits, the Skill does not transfer, it is always tied to the account that earned them! So from the Skill coins perspective, its a pure Proof-of-Stake consensus algorithm. It will be shown, (in a more technical paper), that when virgin coins are earned in a pure distributed and decentralized process, it follows that these coins can used as Stake in Proof-Of-Stake consensus, without the long-range attack issues.


🏈⛓ Projections

💰 Secret: You can earn thousands of free Fantasybits each week, even if you know nothing about football!

Your getting paid to be an early adopter!

  1. Download Protoblock
  2. Claim Your Name
  3. Copy Average and Send
🏈 Action: Quick Start PDF

A fantasy projection is like a prediction on how many fantasy points a player will score. The projection can be between 1 and 40 points. All users with projections on a player are eligible to receive a portion os the Fantasybits that were generated by that player. Those with more accurate projection will receive a larger award of fantasybits, based on teh distriution algorithim. Anyone can make projections on 1 player or all 700 player each week on the NFL season. Projections are free, all that is needed is a fantasy name.

There are around 5 million coins up for grab each season!

Claim your Name


Just like on Steemit, your name is tied to a public/private key and a 12 word secret.



⛓ Blockchain Protocol


Authors Note: I am not even a 1/4 done with this post, but I want to get this out to give Steemit an opportunity to start earning coins for this weeks games. 

Comming Soon

  • Data Agent
  • Time Agent
  • Distributed Exchange
  • Protocol
  • Code
  • Design
  • Fantasy Agent
  • Trading Game
  • State Machine
  • Future Projects
  • Utility
  • Hardfork
  • Token Sale
  • Season Long Trading
  • Weekly Trading
  • Transactions
  • DEA Agents
  • Fantasy Ticker

Links

pdf
slack
@protoblock
«Fantasy 🏈 Ticker»
Leaderboard
App Download

Sort:  

Thanks for your work as well! Followed @protoblock

Congratulations @protoblock! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You published your First Post
Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

***********************November 9 2017 Update

Custom Token Sale Software Development - Follow Github Project and Watch us Code

https://github.com/SatoshiFantasy/--skillSale

ƑɃskillSale
desktop/mobile wallet-app software to facilitate ƑɃskill token sale via in-memory bitcoin wallet ,osx, win64, ios, android

Coin Marketplace

STEEM 0.19
TRX 0.14
JST 0.029
BTC 63782.14
ETH 3146.14
USDT 1.00
SBD 2.55