Fanton Completes Seed Investment Round from Animoca Brands, Delphi Ventures, and Kenetic Capital to Push Its Blockchain Fantasy Football Platform

Fanton Completes Seed Investment Round from Animoca Brands, Delphi Ventures, and Kenetic Capital to Push Its Blockchain Fantasy Football Platform

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Fanton Fantasy Football is thrilled to announce the successful completion of a significant seed funding round, securing $1M. This innovative blockchain-based fantasy sports platform is seamlessly integrated into Telegram, offering an exciting and immersive experience for users. Notable blockchain and venture capital figures joined forces in this significant investment round. Participants included Animoca Brands, Delphi Ventures, and Kenetic Capital. The funding received additional support from Hashkey x TON Accelerator, PAKA Fund, and Sign VC, which provided strategic backing. The funding indicates Fanton’s innovative strategy in combining fantasy sports with state-of-the-art blockchain technology, especially within the TON ecosystem.

Explosive Expansion and Tactical Advancement

Fanton Fantasy Football has quickly established itself as a prominent figure in the GameFi and blockchain sports industries, garnering interest for its groundbreaking platform and its strategic incorporation within the Telegram ecosystem. Telegram’s extensive user base of over 950 million users worldwide offers Fanton an unparalleled opportunity to connect with a large audience of passionate fantasy sports enthusiasts. Pavel Durov, the CEO of Telegram, has approved this integration by acquiring a project-specific Soulbound Token (SBT) NFT.

Fanton’s platform has already garnered a staggering 3 million users, along with an impressive 300,000 connected wallets. This places it in a prime position for exponential growth within the rapidly expanding SocialFi gaming sector. SocialFi is an exciting and rapidly expanding industry that merges social networking with DeFi, promising to transform the worlds of gaming and social media. Fanton stands at the forefront of this revolution, providing a platform that captivates users with fantasy sports and grants them financial incentives and rewards made possible by blockchain technology.

Strong Confidence and Vision

The participation of prominent investors like Delphi Ventures, Hashkey x TON Accelerator, and Animoca Brands strongly validates Fanton’s ability to revolutionize the conventional fantasy sports industry. These investors contribute significant capital, valuable strategic insights, and a global perspective, all essential for Fanton’s ongoing growth and success.

Tommy Shaughnessy, Founding Partner of Delphi Ventures, expressed his excitement in supporting Fanton as they embark on their mission to bring Fantasy Football to Telegram’s vast user base of 950 million. Fanton is capitalizing on the worldwide enthusiasm for fantasy soccer by leveraging Telegram’s power and cryptocurrency’s benefits. This allows fans to establish a more immersive connection to the sport they are passionate about.

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Yat Siu, Co-Founder and Executive Chairman of Animoca Brands, expressed enthusiasm for supporting Fanton Fantasy Football and its unique integration of fantasy sports with blockchain technology within the TON ecosystem. This strategic investment aligns with our vision of promoting the expansion and widespread acceptance of Web3 gaming experiences.

Jehan Chu, Co-Founder and Managing Partner of Kenetic, emphasized the unique combination of Telegram’s wide reach and viral nature with the groundbreaking advantages of fantasy football on the blockchain. The tokenization of rewards and the creation of games with complete transparency enables a more equitable gaming experience, bigger prize pools, and simpler and quicker monetization of winnings compared to conventional fantasy football leagues.

Leadership Perspective

Enthusiasm from the leadership team at Fanton is palpable. Eldar Khayretdinov, CEO of Fanton, spoke about the significance of this funding round: “This funding is not just financial; it’s a strategic alliance that positions us to capitalize on the explosive growth of GameFi and the TON ecosystem. We’re excited to leverage our expertise and networks to accelerate our path to becoming the first unicorn in the TON ecosystem.”

Looking Ahead: Innovation and Expansion

Thanks to a recent injection of funds and support from industry leaders, Fanton is poised to further expand its reach in the GameFi and fantasy sports industries. The company’s innovative approach sets it apart from the competition. The funds raised will be allocated strategically to enhance the platform’s features, expand its market reach, and further integrate blockchain technology to provide a more immersive and rewarding experience for users worldwide.

Fanton aims to elevate the user experience by introducing innovative features that enhance the platform’s interactivity and engagement. We will be working on creating exciting new gameplay modes, expanding our sports offerings beyond just football, and incorporating cutting-edge blockchain features to give users even more control. In addition, Fanton is focused on expanding its market reach by increasing its user base on Telegram and exploring potential integrations with other platforms. Fanton remains dedicated to leading the way in blockchain technology, constantly striving to bring users enhanced transparency, security, and control over their data and in-game assets.

Fanton Fantasy Football is a cutting-edge fantasy sports platform that enables users to create and manage their own fantasy sports teams, engage in friendly competition with other players, and unlock exciting rewards through the power of blockchain technology. Embedded within the Telegram ecosystem, Fanton provides a smooth and captivating experience for fantasy sports enthusiasts all over the globe.

PR Contact 

Vadim Sterlin – Fanton Founder & COO

[email protected] 

Socials

Facebook: https://www.facebook.com/vadim.sterlin/ 

Telegram: https://t.me/vadimfanton 

Website: https://www.fan-ton.com 

Telegram Channel: https://t.me/fantongamebot


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Source: https://zycrypto.com/fanton-completes-seed-investment-round-from-animoca-brands-delphi-ventures-and-kenetic-capital-to-push-its-blockchain-fantasy-football-platform/