Fanton Fantasy Football Raises $1 Million in Seed Round

IconCryptoNewsTerminal Staff22 Aug, 2024

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Fanton Fantasy Football Raises $1 Million in Seed Round

Fanton Fantasy Football, a blockchain-based fantasy sports platform built on the Telegram Open Network (TON), has raised $1 million in a seed round led by Animoca Brands. Other participants in the round included Delphi Ventures and Kenetic Capital. The funds will be used to continue developing the platform and expand its user base. Fanton Fantasy Football is a blockchain-based fantasy sports platform that allows users to create and manage their own fantasy sports teams. The platform uses the TON blockchain to securely store and manage user data and assets. Fanton Fantasy Football is the first blockchain-based fantasy sports platform to be built on the TON blockchain. The TON blockchain is a high-speed, low-cost blockchain that is well-suited for gaming and other applications that require fast and secure transactions. The $1 million seed round will help Fanton Fantasy Football to continue developing its platform and expand its user base. The platform is currently in beta and is expected to launch to the public in the coming months.

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