FootballCoin (XFC) is a digital token based around a football (soccer) manager type of game. Find out how this daily fantasy sports website works today in our FootballCoin review.
What is FootballCoin?
FootballCoin is a daily fantasy sports site that lets you manage your own football team. You can also collect cards for players and stadiums. It’s the first football manager game with collectible cards. And, it’s based on blockchain technology.
The FootballCoin ecosystem revolves around a cryptocurrency called XFCCOIN, or XFC. The ICO for XFC ended on June 23.
After building your team with FootballCoin, you select contests, enter your team into competitions, then win. Right now, FootballCoin works with the English Premier League and La Liga.
It’s like a combination of football manager games and daily fantasy sports. Your lineup competes head to head against other players, and you have the opportunity to win XFC with your fantasy team.
FootballCoin was launched earlier in 2017 by a British Virgin Islands-based company. It’s a mixture of daily fantasy sports and blockchain technology.
How Does FootballCoin Work?
You sign up for FootballCoin, then choose a contest. After picking your contest, you can organize your team by choosing the starting lineup. You pick your team formation, including your starting 11 players as well as a reserve bench consisting of an Assistant Manager, a Goalkeeper, a Defender, a Midfielder, and a Forward.
Next, you monitor your player’s performance using the FootballCoin website’s data analysis. You can monitor a player’s form and get an understanding for their abilities. The FootballCoin scoring system uses an algorithm “that takes into account more than 30 variables, such as position and statistics reflecting player’s ability.”
Overall, FootballCoin promises to give managers the tools they need to make intelligent player sections. This helps players weigh the pros and cons associated with each choice.
Each fantasy team earns points based on the performance of selected players in real football games. You score points for all of the events you would expect – like scoring a goal, contributing an assist, or keeping a clean sheet.
Meanwhile, your team earns negative points for things like missing a penalty, receiving a yellow/red card, or conceding a goal.
Scoring is calculated based on the individual scores of your starting 11 players. Plus, 50% of the total number of points scored by each of your four reserve players (and the points earned by the Assistant Manager, according to his rank), will be added to your total.
The ultimate goal is the same goal as other fantasy sports: build a team with efficient players who score more points than your opposition.
FootballCoin has a variety of free and paid contests that take place throughout the week. member can register for an unlimited number of contests.
- Choose from matchday, daily, and weekly contests
- Free and paid contests are available
- Build your fantasy team with real professional players from La Liga and the English Premier League
- Earn points based on the performance of your selected players
- The scoring system features an algorithm with more than 30 variables
- Spanish, English, and Italian leagues are available
- Register for as many contests as you like
- Trade your XFC tokens for other currencies (including fiat or cryptocurrencies) on digital exchanges
What is XFC?
XFC, or FootballCoin, is a digital asset that lies at the center of the FootballCoin ecosystem. It works as an in-game currency.
XFC were issued in a limited supply of 1 billion throughout the month of June 2017. The tokens are freely transferable between players inside and outside of the game. Some of the key features of XFC include:
- Traded on the blockchain (so they’re a real digital asset, not just some digital token issued by a company in arbitrary numbers)
- Exchanged in fiat, bitcoin, or other cryptocurrencies in altcoin exchanges
- Can be used in-game to pay for contest entry fees
- Can be used to purchase blockchain-based cards, including football player cards and stadium cards
- The currency announced its soft launch in March 2017. The finite number of tokens is designed in order to drive up the price of FootballCoin.
Who’s Behind FootballCoin?
FootballCoin was created by Crowngem Limited. That company is registered on Tortola, British Virgin Islands.
You can contact the company by email at firstname.lastname@example.org. There’s limited information about that company available online, although their sole product appears to be FootballCoin.
FootballCoin is a blend of fantasy sports with blockchain technology. Using FootballCoin, you can enter a range of free and paid contests. You pay your entry fee in FootballCoin tokens, or XFC. After entering a contest, you pick your team from a range of players in La Liga or the EPL. You win or lose the contest based on their performance over the day or week.
You can cash out your winnings by trading XFC for other currencies on various exchanges. Or, you can spend XFC on blockchain-based digital collectible items – like player cards or stadium cards.
Ultimately, if you’re a fan of football (soccer) and want to dive into the world of fantasy sports, then FootballCoin is a blockchain-based option that puts a unique spin on the DFS industry.