Meta Football (MFT) shows the interest in fantasy sports, NFTs, and blockchain gaming is enormous. For instance, CoinMarketCap named Meta Football (MFT) the most trending cryptocurrency on 31 December 2021.
They call Meta Football one of the most comprehensive football management games ever created. In detail, Meta Football is a play-to-earn game that lets players earn token reflections and nonfungible tokens (NFTs) by managing a virtual football team.
In contrast to traditional fantasy leagues, they claim Meta Football pays players real money. In addition, Meta Football managers will own their players and get the right to sell players for MFT. To explain, some Meta Football players can collect and sell players like baseball cards.
What is Meta Football?
In Meta Football people play as managers of multiplayer, community-driven teams. Managers can select play styles. Additionally, players can choose to participate in Meta Football as a manager, agent, club owner, stock trader, speculator, or a combination of those roles.
Plus, Meta Football is a blockchain Metaverse Game built as a simulation of real-world football (soccer to Americans and Canadians). They describe Meta Football as a dynamic universe with authentic recreations of real-life football players and franchises.
Meta Football makes money by charging a 13% tax on all transactions. They will put 6% of each transaction into an incentive wallet. Meta Football will put 3% of each transaction into a locked liquidity pool as MFT and Binance (BNB) in PancakeSwap. They hope that will create an ever-rising price floor.
How Meta Football could make money
They will distribute 2% of each Meta Football transaction to token holders as reflections. Additionally, they will put 2% of each transaction into a buyback wallet to protect Meta Football from whales or large bettors.
They hope to promote Meta Football with endorsements from football stars. However, the only star, Meta Football named on 31 December 2021, was Milan Midfielder Arturo Vidal. I think they will need more star power to promote Meta Football.
Predictably, Meta Football’s creators hope to have a partnership with a football team. Long-term plans at Meta Football include NFT Fantasy Football, a Social Platform, a MFT Football Prediction Platform, a merch store, partnerships with virtual reality and augmented reality developers, and partnerships with game developers.
They plan public sales of Meta Football NFTs in the third quarter of 2021. Meta Football plans release of the NFT version of Fantasy Football, a Beta Release of Football Manager, and a Metaverse Concept Reveal in the fourth quarter of 2021.
How Much Money can Meta Football Make?
I think Meta Football (MFT) could make money because Research and Markets estimates global fantasy sports revenue grew from $20.36 billion in 2020 to $22.31 billion in 2021.
Furthermore, global fantasy sports revenue could grow to $36.60 billion in 2025, Research and Markets predicts. Additionally, Research and Markets estimates global fantasy sports’ compound annual growth rate (CAGR) at 9.5% in 2021. The CAGR could grow to 14.7% in 2025, Research and Markets forecasts.
Similarly, Statista estimates 2019 US fantasy sports revenue at $7.22 billion. Statista estimates US traditional fantasy sports were worth $3.27 billion in 2019. In compassion daily US fantasy sports revenue $2.91 billion in 2019, and US ancillary fantasy sports revenue was $1.04 billion in 2019.
Fantasy sports is a fast-growing business. Additionally, I consider fantasy sports a kind of sports betting. US sports betting revenue grew to $407.7 million in October 2021, the American Gaming Association (AGA) estimates. Similarly, US iGaming (online gambling) revenue rose to $357.3 million in September 2021, the AGA estimates.
US online sports betting rose to a record level of $7.05 billion in October 2021, the AGA estimates. Americans wagered $42.19 billion on sports between January and October 2021. In comparison, Americans bet $21.57 billion on sports between January and October 2020. The amount wagered is rising between the number of US jurisdictions that allow sports betting rose from 17 to 25 in the same period.
What Value Does Meta Football have?
Mr. Market gives Meta Football (MTF) some value. For instance, Coin Market Cap gave Meta Football a Coin Price of $0.000000006805, a Fully Diluted Market Cap of $6.831 million, and a 24-Hour Market Volume of $2.734 million on 3 January 2022.
They based those numbers on a Total Supply of one trillion MTF. Consequently, CoinMarketCap ranked Meta Football as the 3,019th largest cryptocurrency on 31 December 2022.
Thus Meta Football has some value. I think Meta Football is a cryptocurrency that could make enormous amounts of money. In particular, Meta Football could be a model for similar games for other sports. For example, games for American football, hockey, baseball, Horse Racing, boxing, Stock Car Racy, Formula One Racing, Ultimate Fighting, and Pro Wrestling.
I think Meta Football could make money because of human nature. To explain, every soccer fan wants to manage his or her favorite team. Just as every basketball and hockey fan wants to manage his favorite team. Similarly, every wrestling fan thinks he or she is smart enough to book the WWE, New Japan, or AEW shows.
I believe that arrogance will enable Meta Football to make enormous amounts of money. Consequently, if you are seeking a cryptocurrency capable of enormous growth, you need to examine Meta Football (MTF).
Originally published at https://marketmadhouse.com on January 3, 2022.
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