MyDFS (MYDFS) ICO Review and Rating

What is MyDFS?

MyDFS is a blockchain-powered daily fantasy sports platform from uTrener and KHL Fantasy apps creators. MyDFS runs on mobile devices and connects sports fans around the world in a transparent, easy-to-use manner. We’ve simplified the user experience to make the game enjoyable for players of all types. You can use MyDFS tokens to play, win, and exchange it for other cryptocurrency or fiat money. Moreover, we are pioneering player brokerage to let casual users to share prize pool with Pro.

MyDFS ICO Review and Analysis

Review and analysis of MyDFS by ICO analysts:

Strengths

uTrener has very successful implementation of similar projects in their track record
The roadmap of the project is intelligent and well detailed
The project has established very relevant partnerships in the field of fantasy gaming
The project has quite good community outreach for the pre-ICO phase
The team is pioneering the fantasy-gaming platforms and have a good head-start

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Potential concerns

Very small committed core team for now to execute such an extensive and long roadmap
Total valuation of $162,5M seems a bit high for the service provided
Not obvious that the early investors would get their tokens sold with a profit any time soon, since only 40% of tokens sold on markets with high overall project valuation

Why MyDFS?

MyDFS delivers blockchain to the $7B market of daily fantasy sports, where smart contracts improve speed, ease-of-use, transparency, governance and accountability for players. The MyDFS founders have established profitable businesses in Europe; in 2015, they made utrener.com, the official daily fantasy sports app for the KHL (Continental Hockey League), which has also been shortlisted for FIFA 2018 tender. Deep market research by Eilers & Krejcik Gaming shows that MyDFS has an opportunity to reach the 57 million people who play season-long fantasy sports around the world.

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MYDFS Token

Ongoing presale and upcoming ICO provides you with the chance to invest early in MyDFS.

DIFFERENCES FROM COMPETITORS

“- Full transparency instead of Proprietary Backend: blockchain and smart contracts make all transaction transparent and safe to the core. Users can check all transaction history, in-game stats, other users’ teams and scoring rules at any time;

– Instant payments without Middlemen: money goes directly to the user’s account and is not held by bank;

– Player brokerage: users can invest in pro players and share the prize pool with them.”