Web3 Football Game "Football Dot Fun" Explodes

Football Dot Fun, a fantasy football game #Web3 on the Base network, is making waves in the crypto market. In less than two weeks, this game has achieved a trading volume of 25.7 million USD and attracted over 10,000 users.

Mechanism of Operation and Success

Football Dot Fun combines elements of fantasy gaming with financial trading. Players buy and sell "shares" of real-life soccer players that are tokenized. The value of these shares fluctuates based on the players' performance and market demand. This creates a dynamic trading model, providing significant profits for players.

The success of the game is attributed to its simple user interface, no app download required, along with strategies to encourage continuous player interaction such as giving away free card packs and organizing tournaments. This model is attracting a large number of new users, and the total capitalization of the ecosystem has increased from 60 million USD to 160 million USD in just one weekend.

General Market Context

At the same time, the crypto market is also witnessing several notable developments:

Bitcoin declined after a "whale" sold 24,000 $BTC .

Ethereum reached a new peak (ATH) of nearly 4,950 USD after the Fed Chair's speech, then corrected.

Japan is planning to reduce crypto taxes and legalize ETF funds.

Institutional money continues to flow into $ETH through ETF funds, while Bitcoin ETFs are seeing outflows. #anh_ba_cong