Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Football.Fun's Rugby Bet: Blockchain and DeFi Transform the Landscape of Sports Forecasting

Football.Fun's Rugby Bet: Blockchain and DeFi Transform the Landscape of Sports Forecasting

Bitget-RWA2025/10/28 08:14
By:Bitget-RWA

- Football.Fun, a blockchain-based prediction app, will launch a rugby betting platform in November, followed by its native utility token FUN. - The FUN token mirrors Hyperliquid's model, enabling buybacks and yield generation to incentivize long-term user participation. - Built on Coinbase's Base chain, the platform emphasizes scalability and transparency to compete with traditional bookmakers in niche sports markets. - Success hinges on attracting users in rugby-strong regions like the UK, Australia, and

Football.Fun, a sports prediction application utilizing blockchain technology and operating on the Base chain, has revealed its intention to broaden its services by launching a rugby prediction platform in November. This will be followed by the debut of its own utility token, FUN. Founder Adam outlined these future plans during a recent podcast, describing the initiative as a blend of prediction gaming and DeFi features, as reported by a

.

The upcoming rugby prediction service will make use of Football.Fun’s current framework, which has already gained momentum in the football (soccer) sector. Adam highlighted that the FUN token is designed to serve as a “buyback and yield” instrument, similar to the economic structure found on platforms like Hyperliquid, allowing holders to benefit from fees generated by the protocol. The token’s structure is intended to encourage ongoing engagement and supply liquidity for blockchain-based betting.

Football.Fun's Rugby Bet: Blockchain and DeFi Transform the Landscape of Sports Forecasting image 0

By entering the rugby prediction market, Football.Fun is addressing the rising interest in specialized sports betting, especially as blockchain solutions provide transparent and cost-effective alternatives to conventional betting services. The app’s integration with the Base chain—a Layer 2 network developed in collaboration with Coinbase—demonstrates a commitment to scalability and ease of use, both of which are vital for broader adoption in the prediction market.

The rugby app’s November debut is scheduled ahead of the token launch, a deliberate strategy to foster user activity before rolling out financial rewards. Adam mentioned that the initial distribution of the FUN token will occur within the platform’s own ecosystem, with buybacks financed by a share of transaction fees. This model reflects a wider movement in DeFi, where token economics are crafted to support both expansion and long-term viability.

This update arrives as blockchain-powered prediction platforms experience rapid growth, fueled by advancements in token functionality and decentralized management. While projects like FunFair and Augur have previously implemented comparable systems, Football.Fun distinguishes itself through its focus on expanding across multiple sports and generating yields. Experts believe the rugby platform’s success will depend on its ability to draw a substantial user base, particularly in rugby-enthusiastic regions such as the UK, Australia, and New Zealand.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Health Tech Secures $2.5M in Seed Funding to Address Systemic Healthcare Gaps Through AI-Powered Solutions

- HEALTH, a health tech startup, raised $2.5M in seed funding led by Gemhead and Castrum Capital amid rising AI-driven healthcare innovation. - The investment aligns with global trends like WebMD's AI marketing tools, Denmark's FOB mental health platform, and India's VitaLyfe cardiometabolic risk app. - Innovations focus on AI diagnostics, remote monitoring, and scalable solutions to address systemic gaps in care delivery and patient engagement. - Growing VC interest in digital therapeutics and mental heal

Bitget-RWA2025/11/02 11:20
Health Tech Secures $2.5M in Seed Funding to Address Systemic Healthcare Gaps Through AI-Powered Solutions

SUI News Today: SUI Challenges $1.80 Support—Pathway to $20 or Headed for More Losses?

- SUI cryptocurrency faces short-term correction to $1–$1.50 before potential $10–$20 rebound, driven by ecosystem growth and institutional adoption. - Key support at $1.80–$2.10 could trigger $3.50–$4.80 rally if defended, with $20+ long-term targets supported by $2B+ TVL and DeFi partnerships. - Upcoming token unlocks (92M SUI) add short-term pressure, but strong liquidity and institutional buying historically offset selling shocks. - Technical analyses suggest $5–$8 mid-term targets, with $20+ long-term

Bitget-RWA2025/11/02 11:20

Fed's Shift in Liquidity: Market Stabilization or Threat to Inflation Management?

- Fed abruptly ends 3-year QT and cuts rates in 2025 to address liquidity strains, prioritizing market stability over inflation control. - Corporate sectors like real estate face pressure as firms revise strategies, with AvalonBay cutting guidance amid soft demand and Insight securing debt to fund growth. - Policy shift mirrors 2008 and pandemic-era interventions, reigniting debates over "ample reserves" framework amid balance sheet reduction challenges. - Banks benefit from lower funding costs, but prolon

Bitget-RWA2025/11/02 11:02
Fed's Shift in Liquidity: Market Stabilization or Threat to Inflation Management?

Romania Restricts Polymarket: Legal Regulations Clash with Blockchain in Gambling Discussion

- Romania's ONJN blacklisted Polymarket for unlicensed gambling amid $600M election wagers. - Regulators cited legal requirements for state licensing, blocking access via ISPs. - The ban aligns with global restrictions, including a $1.4M U.S. fine, as Polymarket expands with $2B ICE investment. - Despite regulatory challenges, Polymarket plans a U.S. relaunch via a licensed derivatives exchange. - The case highlights tensions between blockchain innovation and gambling laws, with ONJN warning of dangerous p

Bitget-RWA2025/11/02 11:02
Romania Restricts Polymarket: Legal Regulations Clash with Blockchain in Gambling Discussion