Fund fantasy

February 16, 2018

Fund fantasy

Introduction

The online trading market is notorious for its wide variety of scandals and many accusations of
fraud. Owing to the fact that it is one of the largest online markets, it stands out as one of the
thirstiest markets for blockchain based solutions. While trading most financial assets on the
blockchain is still not operational and streamlined, the vast majority of traders on
foreign-exchange, stock and commodity exchanges are amateurs who buy and sell financial
assets for the sole purpose of netting capital gains. Most retail traders only hold financial assets
in order to sell at a higher price, and derive no benefit from the actual ownership of those assets.
A peer-to-peer, blockchain-based simulated-investing platform that relies on real market data
will allow retail traders to continue practicing financial analysis for profit, without the major
counterparty risks that are presently involved. Supported by an ecosystem that propels growth
and new user acquisition, and based on a deflationary currency, the FundFantasy platform will
revolutionize the online trading market.

FundFantasy

is a financial fantasy trading platform where users compete for prizes by creating a major portfolio. Thanks to our intuitive gameplay and blockchain-based technology - playing on our platform is fun and secure as it gets.

The Problems

1. The Gamers / Trader Dichotomy - In the world of financial investments there is almost no
awareness of the trader / investor's gambling instinct, and therefore the concept of
Responsible Gaming and Self-Exclusion is not applicable. It is all presumed to be
calculated risk. The founders of the FundFantasy project believe this to be a grave
injustice to retail traders and, after over 10 years of being retail traders, have come to the
conclusion that it may be the root of the problem.
It is not a secret that stock, futures and foreign exchange markets have benefited from a
flocking of inexperienced gamblers to their shores. Unfortunately, due to the apparently
responsible and diligent environment, these inexperienced traders do not see the
slippery slope. With no one other than a sales agent / account manager to advise them,
they are easily manipulated towards increased activity which benefits the agent as well
as the brokerage regardless of the consequences.

2. The Risk Management Complexity Problem - Owing to the nature of speculative
investments, traders and investors must accept the fact that risk is involved and take
measures to manage it. All investors want the prospects of large profits; some of them
are inclined to take more risk than others. This explains the popularity of trading on
margin in order to leverage their positions. Trading on margin, however, entails
calculations that are slightly more complex
amateur traders and average investors. This (margin) is one of the primary reasons for
which the majority of traders end up losing their initial investments. The solution that is
often proposed by the brokerage is to "start with a big investment capital" so as to
account for the risk and uncertainty involved.

The Solution: FundFantasy

FundFantasy is an online social platform featuring peer-to-peer, provably-fair simulated
investing contests, where users compete for prizes by crafting the ultimate portfolio. Contests
vary in duration and can range from 1 hour to a full year. Participation in a contest is done by:

1. Purchasing a ticket and thus contributing to the contest's prize pool. FundFantasy
charges a 5-10% fee from every contest and the rest is distributed among the winners
prizes, according to the prize allocation model. The fees are used for operating and
marketing purposes as well as to fund the FundFantasy Prize Pool (FFPP).

2. Creating and submitting a portfolio. Users, when creating their portfolios can choose
assets from various asset classes including stocks, commodities, cryptocurrencies, and
fiat currencies. These user-submitted portfolios are sorted and ranked as soon as the
contest ends according to their rate-of-return, as calculated on the basis of price quotes
from established and well known financial data APIs. Portfolios are encrypted from the
moment they are submitted by the user and are only published once the contest starts -
this way we solve the problem of asymmetric information which may result when
fantasy employees have access to the portfolios submitted by users; such a situation can
be exploited by management or employees gaining an unfair advantage.
FundFantasy is a refreshing and new investment-fantasy experience, and we are proud to be
the ones introducing this new fantasy category to the decentralized economy. The fantasy
model has already demonstrated its popularity and mass acceptance in the US as in the case of
Daily Fantasy Sports (DFS). FundFantasy is creating the missing link between two popular
markets by providing a safe, provably-fair, and simplified way to play the role of an
investor / fund manager, move up in rank, and win prizes in the first game of its kind.

The Platform

FundFantasy

Our self-funded platform is already built and operational, and the alpha version is scheduled to
be launched in the coming months. Contests will be published on the platform's lobby. All of
the details are upfront for users to examine before entering contests, including ticket price, fees,
prizes, date & duration, entries and so on. Since ticket prices are fixed, participation risk is
known in advance and is independent of market volatility.
Asset prices come from well known and respected 3rd party financial data providers. Portfolios
are encrypted from the moment they are submitted until the contest locks up and starts, at
which point they will be visible to the contests participants, making our contests provably-fair
top to bottom.
Although the game revolves around financial assets, our platform does not purchase any
financial assets on behalf of the clients - it only relies on market data to conduct the relevant
calculations. As such it is characterized by a much lighter attitude, lower counterparty risk, full
transparency, and chances at higher payouts. Users enter contests by purchasing entry tickets
and submitting their portfolios. Contests vary in duration, size, asset-classes, and other
variables. Decentralized smart contracts will manage the whole process; deposits, ticket
purchases, contests, prize payouts and withdrawals are all done without human intervention.
The platform will allow users to open and organize their own contests, invite their friends and
even earn a percentage of the fee that is charged from the contests prize pool. This will
considerably speed up the process of acquiring new users. In other words, users can profit from
organizing contests on our platform.

FundTokens (FUNDZ)

FundTokens are functional utilities tokens within the FundFantasy platform, and can be used to
purchase entry tickets to contests which are hosted on our platform.

● Valuable - FundTokens grant access to:

○ Discounted entries to contests that pay out large prizes in various currencies
(such as BTC, ETH, FUNDZ and others).
○ Exclusive contests for FundToken owners

● Deflationary:

0.5% of all payments made using FundTokens will be burnt, i.e. destroyed. This
means that the total supply of FundTokens will decrease over time.
FundTokens comply with the ERC20 standard. This means they are very easily interchangeable
with other Ethereum-based tokens or Ether, and allow for easier listing on exchanges with
infrastructure already in place.
Token Sale
The total supply of FundTokens will be 80,000,000 FUNDZ. New issuances of FUNDZ are not
possible. During the pre-sale phase, FundFantasy will accept payments from select individuals
or entities prior to the token sale, at a negotiated price. FundFantasy reserves the right to change
the price per token for pre-sale customers. The total amount of FundTokens to be sold in the
presale is 4,000,000 tokens, which constitutes 5% of the total supply of FUNDZ.
The token sale and the corresponding token creation process will be organized with smart
contracts running on Ethereum. Participants willing to purchase FUNDZ can do so by sending
ETH to the designated address which will be published prior to the token sale.
During the public token sale we will make 56,000,000 FundTokens available for purchase, which
constitute 70% of the total FundToken supply.

Bonuses will be given to participants in the token sale according to the bonus schedule (see
"Bonus Schedule" below). The token sale is due * to begin on February 25th, 2018 (GMT 12:00),
and will end when one of the following:

● March 25th, 2018 * (GMT 12:00 pm)

● FundTokens are sold out.

● 15m USD are raised

* FundFantasy reserves the right to postpone the launch date and / or closing date of the public
token-sale by no more than 90 days.