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.
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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