What is Phantasia? All information about Phantasia and the FANT . token

Overview of Phantasia

What is Phantasia?

Phantasia is the first Fantasy Sports platform built on the Solana blockchain . The project was created with the goal of helping more people access the benefits of blockchain technology.

Phantasia applies a Play-to-earn model that allows users to both play entertaining games and earn FANT tokens by winning competitions and completing in-game tasks.

Besides, in the world of Phantasia, anyone can participate in public or private tournaments to experience fantasy sports with other players.

In addition, Phantasia also allows users to create private NFT tournaments, where those who own a certain collection of NFTs ( Non-fungible tokens ) can participate.

What is Phantasia?  All information about Phantasia and the FANT . token

Basic characteristics of Phantasia

Play-to-earn

Players will participate in free virtual sports competitions organized by Phantasia. They will have a chance to get FANT tokens when they win that contest. In the world of Phantasia, there will be many types of games, making it easy for users to choose a game that matches their skills and interests. Thereby, they easily master the contest and their chances of winning also increase.

In addition to participating in competitions, players can earn FANT and NFT tokens for completing daily in-game tasks. FANT token holders will get access to exclusive club features created by them. They can also purchase the in-game NFTs through the Phantasia Marketplace.

What is Phantasia?  All information about Phantasia and the FANT . token

NFT Utility

The first season of Phantasia's NFT Phanbots collection is out. Investors can find this collection on Exchange.art and Magic Eden. The NFT Phanbots set includes 8,888 synthetic artworks with beautiful and unique designs. NFT Phanbots will represent players to compete in competitions on the Phantasia platform. 

In addition, players need to own an NFT Phanbots to unlock personal profile customizations, access exclusive content and game features.

What is Phantasia?  All information about Phantasia and the FANT . token

Phantasia Club

Players can create exclusive clubs to organize showdowns with friends or other players. As a player's club grows and more members participate in competitions, their club will be promoted. At the same time, the system will unlock more exclusive features for that club. 

Phantasia's products

Phantasia provides an ecosystem of fantasy sports leagues and allows multiplayer to compete against each other. The Phantasia platform is to allow any user to create their own virtual sports league and that tournament can be held as public or private. Especially Phantasia also allows NFT projects to organize their own tournaments for their communities. 

FANT holders will have access to the platform's exclusive features after the project introduces the Phantasia Club model. The Phantasia club model allows users to create private competitions to challenge their friends. The more FANTs you own, the more new features a player's club will have added: Chat, analytics, customer support and more.

In addition, Phantasia will also provide the following exclusive features:

  • Get access to everything in Phantasia's fantasy sports platform.
  • Ability to manage and participate in fantasy tournaments available on Phantasia.
  • Exclusive features and content for FANT token holders.
  • Owners of NFT Phanbots can customize Phantasia Fan Cards.

The Phantasia Fan Card will represent the player's identity, achievements in the game and is fully customizable on the Phantasia platform. This card will be displayed in competitions, leaderboards and chat rooms.

The development team, the investor of the Phantasia project

Development team

Phantasia has not yet revealed the development team, TraderH4 will update as soon as there is information from this project.

Investors

The project received investment from Sino Global Capital, GSR, SVC, Alameda Research, CMS, 0x Ventures, Chainflow Capital, Primeblock Ventures, Darkpool Ventures, Petrock Capital, Solanium Ventures…

What is Phantasia?  All information about Phantasia and the FANT . token

Phantasia's development roadmap

The Phantasia project roadmap includes 7 important milestones:

Phase 1: Complete prototype for Daily Fantasy Sports (NFL & NBA) and release Beta version for users on Devnet.

Phase 2: Launch Beta version of P2E application on mainnet with experimental Phantasia token (betaFANT).

Phase 3: Launching the first NFT collection “Phantasia Phanbots”.

Phase 4: Complete the smart contract security check and open the FANT token sale on Solanium.

Phase 5: Launch of the Daily Fantasy Sports P2E game on the mainnet and add governance functionality to the FANT token.

Phase 6: Upgrade the Phantasia NFT store to include additional in-game skins, future NFT collectibles, and game-earned items.

Phase 7: Deploy new improvements to the Phantasia platform, including the following aspects:

  • Integrate new sports into the Phantasia platform (EPL, lacrosse, hockey).
  • Deploy personal clubs with exclusive features.
  • Plan to launch season-long tournaments.
  • Release mobile apps and perfect DAO functionality.

Overview of the FANT . token

What is FANT Token?

FANT is Phantasia's utility and governance token with the following key features: 

Governance Token : FANT token holders can participate in the governance process, have the right to decide on the P2E mechanism, in-game incentives or select features that need to be prioritized for development...

Utility Tokens : FANT is also used to unlock additional features through private clubs. In addition, FANT will act as the currency in Phantasia to pay for NFT transactions… 

FANT . token details

  • Ticker: FANT
  • Blockchain Network: Solana (SPL)
  • Total Supply: 250,000,000 FANT

FANT Token Allocation

  • Operations: 10%
  • Fundraising: 20%
  • Team: 20%
  • Treasury/Reserves: 20%
  • Liquidity & Incentives: 30%

What is Phantasia?  All information about Phantasia and the FANT . token

FANT . Token Allocation Schedule

Treasury/Reserves: 50,000,000 FANT, this token is used for investment in the early stages of the project and serves as a financial support of Phantasia.

Liquidity & Incentives: 75,000,000 FANT, this token will be a reward for the community when contributing liquidity on exchanges.

Fundraising: 50,000,000 FANTs, these tokens will be used to raise capital. Fundraising rounds include: 

  • Seed: 20,000,000 FANT, of which 5% will be unlocked at TGE, the rest will be allocated within 1 year. 
  • Strategic: 25,000,000 FANT, of which 10% will be unlocked at TGE, the rest will be allocated over 6 years.
  • Public Sale: 5,000,000 FANT, this token will be immediately paid to investors after TGE ends.

Team: 50,000,000 FANTs, these tokens will be provided to the founding team to support the development of Phantasia.

Operations: 25,000,000 FANTs, these tokens are used to cooperate with marketing, legal, security companies…

Where can FANT tokens be bought and sold?

Recently, Phantasia opened the sale of FANT tokens in the form of IDO on the Solanium platform from December 11, 2021 to December 15, 2021. Currently, investors can buy FANT at MEXC.

What is the future of Phantasia?

With the explosion of NFT investor communities and growing demand for online social connections, Phantasia aggregates sports from the real world to create a Fantasy Sports platform, allowing users to both entertainment while earning money. Anyone can join and interact with players with the same passion and interest in sports. 

Currently, the project has deployed professional sports leagues such as NFL and NBA. Phantasia is also looking to add EPL and Cricket in the near future. After that, other sports will be added depending on community interests.

Some official information channels of the project that investors can follow are:

Website | Twitter | Telegram | Discord

summary

Phantasia provides an ecosystem of virtual sports tournaments based on popular sports in the real world. The Phantasia platform is also considered a gathering place for people with the same passion and interest in sports. There, they can transform into athletes and participate in competitions together to experience the sports they love.

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