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

Ethereum News Update: Individual Investors and Large Holders Face Off While Meme Coins Tackle a Turbulent 2025 Surge

- Meme coin market surges in 2025 as SPX6900 and Pudgy Penguins (PENGU) attract retail/institutional investors amid $1 price thresholds. - SPX6900 rose 13.61% with $42M volume growth, but whale selling risks $1.06 pullback despite strong derivatives activity. - Pudgy Penguins accumulates 2.8M tokens near $0.02 support, balancing NFT sales declines with Ethereum's rebound and holder retention. - MoonBull's absence from analyses highlights meme coin speculation, contrasting SPX6900/PENGU's on-chain clarity a

Bitget-RWA2025/10/29 00:08
Ethereum News Update: Individual Investors and Large Holders Face Off While Meme Coins Tackle a Turbulent 2025 Surge

MetaMask’s $30 Million Reward Program Faces Off Against Bittam’s Bold Incentive Offers

- MetaMask launches $30M rewards program with tiered benefits for trading, referrals, and cross-chain activities to boost user engagement. - Competes with Bittam's $3,000 new user bonuses and 200× leverage, focusing on retention through gamified points and exclusive perks. - Expands multichain support for EVM, Solana, and Bitcoin in MetaMask Mobile 7.57, integrating Linea's Layer 2 for fee discounts and token allocations. - Potential "MASK" token speculation rises as Polymarket odds hit 35% for 2025 launch

Bitget-RWA2025/10/29 00:08
MetaMask’s $30 Million Reward Program Faces Off Against Bittam’s Bold Incentive Offers

Impact on Altcoin ETFs in the Absence of BlackRock: What’s Next?

Exploring the Impact of BlackRock's Boycott on the Future of Altcoin ETFs

Coineagle2025/10/28 23:57
Impact on Altcoin ETFs in the Absence of BlackRock: What’s Next?

Institutions Develop Blockchain Foundations, Signaling the Advancement of the Crypto Industry

- Institutional crypto adoption accelerates as venture funding, ETFs, and strategic acquisitions drive market maturation, per Cosmos Labs CEO Magnus Mareneck. - Coinbase's $375M Echo acquisition and BlackRock's $137.5M Ethereum/Bitcoin ETF inflows highlight infrastructure-building over speculation. - Cosmos emphasizes interoperability to support DeFi and tokenization, with partnerships enabling programmable banking and real-time settlements. - Mareneck warns of valuation risks (e.g., SEALSQ's 10.1x P/B rat

Bitget-RWA2025/10/28 23:02
Institutions Develop Blockchain Foundations, Signaling the Advancement of the Crypto Industry