Cryptocurrency has impacted many industries. Fantasy sports is growing rapidly at a rate of 10 billion US dollars per year, and it is the latest market established by blockchain technology. This influence started with the issuance of No Limit Coin (NLC2) by Promise Fantasy Sports.

NLC2, similar to other encrypted digital currencies such as Bitcoin, also uses blockchain technology to achieve 3-way decentralized entry records without the need for a central bank.

The feature of No Limit Coin (NLC2) is that it can provide players with a general encrypted mathematical currency platform, and in the application framework of Promise Sports, there is no need to worry about national legal currency transactions. This allows players to ensure the security of each transaction on the platform.

Project Introduction

NoLimitCoin (NLC2) is the exclusive listed cryptocurrency that powers the No Limit Fantasy sports platform. NoLimitCoin features ultra-fast and near-instant transaction times and ultra-low transaction fees. NLC2 is a proof-of-stake coin that pays 4% extra coins per year to stake and hold these coins in a local wallet. NLC2 enables users to earn the lowest commissions of any fantasy sports platform, having reduced commissions by 50% compared to competitors.

NLC2 coins use the proof-of-stake algorithm to transmit the blockchain. By purchasing NLC2 coins, users can become network nodes that transmit the blockchain and get 4% extra coins as a reward every year. The blockchain creates these new coins and sends them to the user's wallet.

Fantasy sports is a term referring to a competition of skill in which users compete against each other by creating teams of real players from professional sports.

Users can win these matches by selecting players that the user believes will perform well in real-life sports games. These players have achieved great performances in the games they played for the club. A scoring system based on individual player behavior is used to determine individual player scores on the No Limit Fantasy Sports platform. These points are called Fantasy Points (FP), and users can see them in the image below for each individual player. The more points the player gets, the better, because if the user's team has the most points at the end of the game, the user wins.

So users can actually choose real-life athletes from their favorite sports in Fantasy Sports No Limits. Each team has a fixed budget (called a salary cap) that users must use to buy players. This is where the skill aspect comes into play, trying to find a good mix of "expensive and high scoring players" and finding the "cheapest" players with the highest scoring potential.

To increase their chances of picking the best team, users can research individual players, check out their past performances, injury updates, and even check out players' social media through the No Limit Fantasy Sports platform. It's all about getting to know your players and making sure they're the best fit for your team.

The No Limit Fantasy Sports platform has launched fantasy football, NFL, hockey, basketball, fantasy cryptocurrency and baseball. MMA and Cricket are coming soon.

Currently, in the United States, the two largest fantasy sports platforms are Draft Kings and Fan Duel. Together they own nearly 90% of the U.S. market and are worth billions of dollars. This effective monopoly allows them to charge players extortionate rates for using the platform. Not much has changed in other countries, with some dominating the fantasy sports betting market.

No Limit Fantasy Sports aims to offer athletes better prices than its competitors, thereby ending the effective monopoly of the large fantasy sports betting platforms in the market.

No Limit Fantasy Sports will not charge a 10% commission (fee to enter the game), but only a 5% fee. For head-to-head matches, the rake for high-stakes matches will be further reduced to 2.5%. It makes our platform the most competitive in the market by lowering commission fees by up to 50% compared to competitors.

To someone new to gambling, these percentages may not sound like much of a difference. However, if the user likes to play regularly, the sum of these percentages will be very rich in the long run.

Related links:
http://www.nolimitcoin.org/
https://info.binance.com/cn/currencies/nolimitcoin