Genesis Block Ventures Invests in Blockchain-powered Fantasy Sports Platform Rage.Fan

Full-service investment company Genesis Block Ventures (GBV) announces an investment in blockchain-powered fantasy sports platform Rage.Fan. 

 

Rage.Fan is an on-chain fantasy sports and quizzing platform , where sports fans can use their skills, knowledge and situational awareness to earn rewards and feel more connected to the sports they love. 

Using blockchain technology, Rage.Fan is well positioned to create a permission-less, decentralized and transparent gaming experience for all sports fans, while removing the inherent inefficiencies of traditional centralized applications and platforms.

 

The platform is built on the Polygon chain, with a mobile-first approach ensuring scalability, ease of use and almost zero gas fees. Rage.Fan has recently announced its partnership with Polygon (formerly Matic). The partnership is expected to help Rage.Fan scale their transactions in a cost-efficient and reliable manner thereby facilitating a seamless and uninterrupted user experience.  

Much more than a regular fantasy sports game, fans on Rage.Fan will have the opportunity to participate in quizzes, before, during and after their favorite sporting event and earn even more rewards.

$RAGE Token

The platform has designed a unique native token system to support the fan-first and simplified user experience with its Rage.Fan token $RAGE. 

 

Token holders can earn rewards by staking their $RAGE token. The governance utility of the token   enables holders to participate in the collective decision-making process, making the platform more community-driven. Users are also incentivized with $RAGE token rewards for value-added roles such as referral, social media mining, or simply via the compounding  ‘Play-to-Earn” model! One of the most innovative utilities is the intersection between $RAGE and Augmented Reality (AR). Inspired by Pokemon Go, the fans can now earn $RAGE through several AR token mining methods.

 

As an investment company with a mission of building the future through blockchain technology, Genesis Block Ventures has built a wide-reaching, vibrant blockchain ecosystem, and grown a thriving network to form an effective ecosystem for all aspects of blockchain, crypto, and decentralized finance (DeFi) projects. 

 

Through the investment, Genesis Block Ventures will help further expand Rage.Fan’s opportunities in the blockchain and crypto space. The Rage.Fan’s team has actively forged partnerships with data firms to build a sports data oracle platform that could become as robust as a Chainlink. Their impressive progress comes with great potential to deliver a unique and thoroughly decentralized sports platform. We are delighted to participate in Rage.Fan’s exciting journey to shape the future of fantasy sports!

About Rage.Fan

Rage.Fan is a fan-first on-chain fantasy sports and quizzing platform built on blockchain technology, where sports fans can use their skills, knowledge, and situational awareness to earn rewards and feel more connected to the sports they love.

 

Using blockchain technology, Rage.Fan aims to create a permission-less, decentralized and transparent gaming experience for all sports fans, while removing the inherent inefficiencies of traditional centralized applications.

About Genesis Block Ventures

Genesis Block Ventures (GBV) is a full-service investment company closely working with Genesis Block HK, Asia’s leading digital asset over-the-counter (OTC) trading center. 

 

As a private investment company with a mission of building the future through blockchain technology, Genesis Block Ventures is an active participant in the DeFi revolution, and has grown a thriving network to form an effective ecosystem for all aspects of blockchain, crypto, and DeFi projects. 

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