Named amongst “Most Promising Token Sales” at World Blockchain Forum

New York, New York (June 20, 2018) FansUnite, and their FansUnite Protocol, the blockchain-based infrastructure for sports data applications that spans traditional sportsbooks, betting exchanges, daily fantasy sports, and a variety of other applications reliant on sports data, was awarded second place in the World Blockchain Forum’s ICO “Most Promising Token Sales” Competition.

FansUnite was recognized from an elite, vetted pool of 25 competing companies, ranging from cryptocurrency service providers to other sports betting companies.

“The FansUnite Protocol provides the first viable solution for sports betting applications to accept transactions in any Ethereum-based token on the Ethereum blockchain. Our successful financing, combined with our talented team, has positioned FansUnite to significantly impact the sports betting and sports data industries,” said FansUnite COO, Duncan McIntyre. “The recent legal changes to sports betting in the United States only amplifies this opportunity.”

The World Blockchain Forum, hosted by Keynote from June 11–13, 2018, was focused on the topic of Security Tokens & ICOs and delved into the innovative possibilities of blockchain and disruptive technologies. The conference provided an introduction to securities and explored the transformative impact of cryptocurrencies on the global financial landscape. Keynote is the longest running events company in the space, with WBF focusing on Blockchain’s future and its potential impact across major industries. It’s other flagship event is the annual North American Bitcoin Conference, which was attended by 4500 Crypto enthusiasts in 2018.

“FansUnite really brought their A Game, demonstrating a clear understanding of their product and the tech behind it — deserving winners,” stated Moe Levin, founder of Keynote.

It was a banner week for FansUnite. In addition to the company’s success in the ICO competition, McIntyre served on one of the event’s most popular panels, discussing blockchain’s impact on gaming and social responsibility.

“We greatly respect the work that Keynote and the World Blockchain Forum have done to educate the public on the inherent benefits of blockchain technology and the universal impact of tokens and accompanying token sales,” said FansUnite CEO, Darius Eghdami. “As a company that is built on the blockchain and aims to provide the necessary infrastructure to power the sports betting world, FansUnite is honoured to receive continued support and validation from the cryptocurrency community.”

For more information about FansUnite, please visit https://fansunite.io/.

About FansUnite

The FansUnite Protocol is an industry standard for sports betting and sports data applications built on the Ethereum blockchain. The Protocol will provide the infrastructure necessary to redistribute the responsibility over the execution and resolution of bets from centralized operators out to a network of independently operated and incentivized Oracles. This approach will provide bettors assurance that their bets are executed as entered, free from bias or tampering, while bet details are immutably and transparently stored on the Ethereum blockchain. The Protocol will provide the groundwork for a host of applications that span traditional bookmaking, betting exchanges, daily fantasy, and a variety of other services reliant on sports data. These decentralized applications (DApps) will be free to charge fees, utilize their own tokens for betting, and be able to set market prices based on full market information transparently available on the blockchain. For more details on the Protocol, please review the White Paper and Business Case.

FansUnite will develop the first DApp, the FansUnite Sportsbook, to leverage the FansUnite Protocol. The FansUnite Sportsbook will have all of the offerings of a traditional sportsbook, such as Bet365, while only accepting the FansUnite Token as a currency. The FansUnite Sportsbook will feature a 1% margin and social elements designed to allow collaboration amongst bettors. FansUnite anticipates a whole ecosystem of DApps leveraging the FansUnite Protocol and Oracle network, limited only by the ingenuity of developers and Community Members. The Sportsbook will also feature social elements designed to encourage user collaboration.

Other Applications currently being developed by FansUnite are an Oracles as a Service offering and a Venture Studio to fund the development of new DApps for the FansUnite Protocol.