Crypto fantasy sports platform EarnU enters the Indian market

EarnU, a crypto fantasy sports platform, has entered the Indian market ahead of the Indian Premier League 2022 in an attempt to increase audience participation in the merging of esports and Web3. The platform claims to offer predict-to-earn opportunities to its audience of various sporting events.

The platform claims to allow users to earn crypto rewards for correct predictions in major sporting events.

The platform announced in a press release that the platform’s native token is the BetU token and token holders can access the EarnU platform for free. In addition, the rewards for correct predictions would also be received in BetU tokens. Users could have their rewards in BetU tokens or exchange them for Ether, Binance Token, or USDT Tether.

Paul Rogash, CEO and Founder of EarnU, said on the launch: “The Indian audience is passionate about many sports and e-sports, also recently the acceptance towards crypto has increased exponentially. Therefore, it makes perfect sense for us to launch a new predict-to-earn platform that is a combination of the two rising user interests.”

Web3 has opened up multiple avenues for fans to engage with their favorite athletes, and P2E gaming is just one medium. Non-Fungible Tokens or NFTs are another way athletes and their audiences connect via Web3 and blockchain technology.

https://www.businesstoday.in/crypto/story/crypto-fantasy-sports-platform-earnu-enters-indian-market-327212-2022-03-24?utm_source=rssfeed Crypto fantasy sports platform EarnU enters the Indian market

Gary B. Graves

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