Football.Fun Founder: To Introduce Dynamic Fees and Revenue Sharing Plan, Platform Revenue Surpasses $2 Million
BlockBeats News, August 26th, Adam, founder of the sports prediction dapp Football.Fun with a reward mechanism on the Base chain, announced on social media the platform's revenue model and development plan. The platform mainly generates revenue through a 5% market fee and emphasizes that it will not resell player assets repeatedly like traditional card games. Once users obtain a player token, the asset will remain unique throughout the player's career.
During market volatility, the platform will enable a maximum 20% dynamic fee to curb arbitrageurs and bot trading, safeguarding the long-term interests of genuine players. Since its launch 10 days ago, Football.Fun has accumulated over $2 million in revenue. The platform plans to use the revenue for the following purposes in the future:
1. 40% Revenue Sharing Plan: Directly reward users driving ecosystem growth;
2. Cover Gas Fees: Users do not need to pay on-chain transaction fees;
3. Fee Discounts and Rebates: Provide loyalty incentives to active players;
4. Asset Buyback: Repurchase tokens when necessary to replenish the reward pool and enhance liquidity;
5. Team Operations: Maintain a lean structure, with expenses accounting for less than 1%.
You may also like

Hawkish Signal in Tightening Mode | Rewire News Brief

x402 and AI Agents: An Emerging Data Economy

Illustration: Despite 6 consecutive interest rate cuts, the interest rate outlook is trending upward

SpaceX is playing hardball with Nasdaq at the negotiation table, while Hyperliquid has already flipped the table.

Bloomberg: Once Blacklisted by the U.S., Bitmain Finds a New Powerful Backer

Three Charts Explain Why S&P Authorized Its Brand to trade.xyz

After the SEC and CFTC Join Forces, What Can the Crypto Market Look Forward To?

Revisiting RWA: Nearly 50,000 people's first on-chain transaction was not Bitcoin, but stock indices and crude oil

Morning Report | Kraken freezes IPO plans due to difficult market conditions; Polymarket acquires DeFi infrastructure Brahma; World launches AgentKit integrated with Coinbase

Bitmain, mired in controversy, has found its strongest backing in the United States

Full text of the Federal Reserve's decision: Maintain interest rates unchanged and expect one rate cut within the year, with Governor Mulan casting a dissenting vote

Guarding billions in assets, yet unable to sustain itself: Tally bids a dignified farewell after five years

SEC’s Stance on Crypto Assets: Most Not Considered Securities
Key Takeaways: The SEC’s new interpretation categorizes most crypto assets as non-securities under federal law. This move aims…

South Korea’s New Crypto Seizure Guidelines After Asset Mismanagement Incidents
Key Takeaways: South Korea’s National Police Agency (KNPA) has drafted guidelines for crypto seizure, with a focus on…

Institutional Confidence in Crypto’s 2026 Growth Trajectory
Key Takeaways: A significant 73% of institutional investors plan to increase their crypto holdings by 2026. Exchange-traded products…

Ethereum Reduces Bridge Times by 98% with Fast Confirmation Rule
Key Takeaways: Ethereum introduces the Fast Confirmation Rule (FCR) aiming to cut bridge times from L1 to L2…

Crypto Firms Advocate DeFi Education in US Colleges
Key Takeaways: Twenty-one crypto organizations have called on US colleges to integrate decentralized finance (DeFi) into their curricula…

RedotPay Reorganizes Amidst Funding Tries and IPO Goals
Key Takeaways: RedotPay is facing leadership changes and concerns over its connections with mainland China while eyeing a…