Fanton Fantasy Football, a Tel Aviv, Israel-based provider of a blockchain-based fantasy sports platform, raised $1M in Seed funding.
The round was led by Animoca Brands, Delphi Ventures, and Kenetic Capital with participation from Hashkey x TON Accelerator, PAKA Fund, and Sign VC.
The company intends to use the funds to expand operations and its development efforts.
Fanton Fantasy Football is a blockchain-based fantasy sports platform that allows users to create and manage fantasy sports teams, compete with other players, and earn rewards made possible by the application of blockchain technology. Integrated within the Telegram ecosystem, the company offers an engaging experience for fantasy sports enthusiasts worldwide.
The platform has already attracted over 3 million users, with more than 300,000 connected wallets, positioning it for exponential growth within the burgeoning SocialFi gaming space.
FinSMEs
21/08/2024