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Solana-based fantasy sports platform Phantasia goes mobile

Updated: Jul 25, 2024
Published: Mar 30, 2022
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Phantasia Sports, a Solana-based fantasy sports platform that rewards players with cryptocurrency, has announced the release of its mobile app.

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Phantasia has gone mobile

Given that most fantasy sports players access their favorite platforms via mobile devices, it's no surprise that Phantasia follows suit. When you sign up with Phantasia to play Fantasy Sports games such as American Football and Basketball a crypto wallet is automatically created, and users can transfer their prize money to other wallets or sites linked to their bank, lowering the barrier to entry significantly.

Although the app appears to be more like a traditional fantasy sports platform, all fantasy contests are run on Solana as a decentralized application using smart contracts. The sports data is resolved using trusted public data oracles, and all competitions remain decentralized and peer-to-peer, implying that no 'house' is involved during the competitions.

"The release of mobile is a huge accomplishment by the contributors at Phantasia. Most Fantasy Sports players utilize a mobile app for playing Fantasy sports. We are excited to be able to offer this. The Fantasy Sports market is growing, and mobile is leading the charge, more exciting features will be added to mobile in the coming months," said Core Contributor Dan.

What is Phantasia?

Phantasia is a Solana-based fantasy sports platform. The platform provides daily fantasy sports contests in three different game modes for NFL Football, NBA Basketball, and English Premier League. The platform also has its token, $FANT, which serves as a utility token and a governance token for PhantasiaDAO. The DAO decides how to use the treasure and prioritizes the development of the Phantasia protocol.

Last year, Phantasia raised $1.85 million in a funding round that included investors such as Sino Global Capital, GSR, SVC, and Alameda Research to expand its platform, marketing, and community. The project also launched its NFT collection, which allows users to have an in-game Fantasy Sports identity that determines the look of their profile and can be traded on secondary markets.

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