Blockchain Gaming Company Launches Free Fantasy World Cup Tournament with $135K Prize Pool

A blockchain-based gaming company which offers its own cryptocurrency for in-game purchases has announced it is collaborating with a fantasy sports giant and offering free tournaments to mark the World Cup.GameCredits is teaming up with FanDuel, a large daily fantasy sports company, and says the competitions will run throughout the major sporting event.

As well as $35,000 in cash, the prize pool also offers $100,000 worth of GAME - the platform's cryptocurrency.

It is hoped that the fantasy football tournaments, which commence on June 14 and run until July 15 - the date of the World Cup final - will help introduce a whole new audience to the GAME currency.

The company says it has long wanted to break into the world of fantasy sports - especially since Matt Fortnow joined its team.

"By gamers, for gamers"GameCredits offers a suite of products designed to cater to developers, as well as the gamers they wish to reach with their titles.

Among them is GPlay, a gaming store where developers receive 90 percent of the revenues generated from sales as well as in-game content.

The company says this figure is substantially more than the market average, as the likes of Google Play and Apple's App Store take as much as 30 percent commission when purchases are made.

Now a 100-strong team with team members in Russia, Serbia, India, the US - GameCredits says the company's founders are "First and foremost gamers" who are determined to change the industry for the better.

Whereas some platforms impose a 60-day waiting time before remuneration is delivered, the company says its creatives can expect compensation to arrive within 60 hours instead.The young company, established in 2016, also hopes to boost the revenue potential of developers by introducing "Limitless deposits," helping earnings to rise substantially.

While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.