Football.Fun's Rugby Bet: Blockchain and DeFi Transform the Landscape of Sports Forecasting
- Football.Fun, a blockchain-based prediction app, will launch a rugby betting platform in November, followed by its native utility token FUN. - The FUN token mirrors Hyperliquid's model, enabling buybacks and yield generation to incentivize long-term user participation. - Built on Coinbase's Base chain, the platform emphasizes scalability and transparency to compete with traditional bookmakers in niche sports markets. - Success hinges on attracting users in rugby-strong regions like the UK, Australia, and
Football.Fun, a sports prediction application utilizing blockchain technology and operating on the Base chain, has revealed its intention to broaden its services by launching a rugby prediction platform in November. This will be followed by the debut of its own utility token, FUN. Founder Adam outlined these future plans during a recent podcast, describing the initiative as a blend of prediction gaming and DeFi features, as reported by a
The upcoming rugby prediction service will make use of Football.Fun’s current framework, which has already gained momentum in the football (soccer) sector. Adam highlighted that the FUN token is designed to serve as a “buyback and yield” instrument, similar to the economic structure found on platforms like Hyperliquid, allowing holders to benefit from fees generated by the protocol. The token’s structure is intended to encourage ongoing engagement and supply liquidity for blockchain-based betting.
By entering the rugby prediction market, Football.Fun is addressing the rising interest in specialized sports betting, especially as blockchain solutions provide transparent and cost-effective alternatives to conventional betting services. The app’s integration with the Base chain—a Layer 2 network developed in collaboration with Coinbase—demonstrates a commitment to scalability and ease of use, both of which are vital for broader adoption in the prediction market.
The rugby app’s November debut is scheduled ahead of the token launch, a deliberate strategy to foster user activity before rolling out financial rewards. Adam mentioned that the initial distribution of the FUN token will occur within the platform’s own ecosystem, with buybacks financed by a share of transaction fees. This model reflects a wider movement in DeFi, where token economics are crafted to support both expansion and long-term viability.
This update arrives as blockchain-powered prediction platforms experience rapid growth, fueled by advancements in token functionality and decentralized management. While projects like FunFair and Augur have previously implemented comparable systems, Football.Fun distinguishes itself through its focus on expanding across multiple sports and generating yields. Experts believe the rugby platform’s success will depend on its ability to draw a substantial user base, particularly in rugby-enthusiastic regions such as the UK, Australia, and New Zealand.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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