Update From Head Dev Nico:

I will try to clear up the details of the new chain as much as possible.
FGCv2 core code is based on Bitcoin using the UTXO model, it is NOT itself an ERC20 token, however there is a submodule called cpp-ethereum that allows FGC to support ERC20 tokens which I have renamed FGC20 for the FGC chain.
What does this mean exactly and how will it help FGC?
a.    Smart Contracts, ERC20 and ERC721 tokens can be deployed on the FGC chain, this includes anything from simple tokens, ICO’s, crowd sales and DApps. Existing smart contracts and DApps can be deployed of the FGC chain. This opens up our eco system 1000-fold.
b.    This opens up the possibility that DraftDaily and FGCArena could 1 day be DApps.
c.    Gas is paid in FGC.
How will this help DraftDaily and FGCArena?
a.    The dev team will create a token to be used on those sites, this token will be sold at a set $1 price and can be bought with FGC or Skrill. Players can later cash out at the same $1 value, minus any fees of course. If a player bought tokens in FGC they can cash out in FGC, if they bought with Skrill they can cash out via Skrill.
b.    This solves volatility issues for players.
c.    Since these tokens will not be on any P2P exchange which removes the financial benefit to hackers. If any of the sites get hacked, they will only get tokens they can’t sell.
d.    Still allows us to public display user balances and prize pools without the risks involved.

Will people be able to buy this token with BTC or other crypto?
a.    Yes and No. On site purchases will only be done in FGC or Skrill. Fees will be applied to both purchases and withdraws. However, players with BTC or ETH will be able to buy FGC and then convert that to tokens for game play. The exact mechanics are being discussed by the team.
Why not keep masternodes?
a.    They are not really befitting the over all businesses model as we hoped, the idea was that a Fantasy player or Gamer could buy a masternode or two and then use the rewards to play, essentially allowing them to play for free with only 1 small investment. That never happened in fact most masternode owners don’t have an account on any of our sites and mainly just used to sell rewards only benefiting the individual and not the project as a whole, this causes a lot of price volatility which player don’t like. No one in their right mind wants to enter a contest knowing that even if they win, they could even lose money because of people dumping. No players = no eco system being used = just another shitcoin and I for one did not come here to make shitcoins.
b.    MN + Smart Contracts = more development time, more maintenance costs

Will there be a reduction in block rewards?
a.    Yes, there will be a major reduction in the block reward. The current reward is 14.8711, expect the block reward to be 4 FGC or lower and then half every X number of years.
b.    The exact block reward has not yet been decided we are looking for a good balance that will be attractive to holders but not so high that everyone is selling their rewards everyday continuing to put downward pressure on the market. This will not keep people from selling or those who do want to sell can’t keep selling at the same rate forever.
What the POS annual ROI %
a.    Not yet defined until we define the block reward, see above.
What will the swap ratio be?
a.  That’s been the subject of conversation, most of the team members feel, and I agree, that a 1:10 ratio would be a good number putting us back to our old DFS max supply of 210,000,000

There is a scheduled follow up meeting for team members this coming Tuesday where each member will present their proposals to define the swap ratio, block reward and other topics. We will try to take the best points from each proposal to come up with the final numbers and report back to the community.

Guys this is realy the perfect pump and dumpcoin!!

My strategy:

Buy early in the morning of European time (6:00 am)
Then sell late in the evening/start of nigth European time (0:00am)

Europe is not participating in this project so volume drops when US is not trading
Price falls back crazy to.

Make 30 tot 70pct profits every trade

Easy

Reading through some older pages and wanted to echo this comment. This coin seems like it checks all the right boxes.

What is DFSCoin?

Purpose – DFSCoin will be used as in game currency on DraftDaily.com, FanLucci.com and other daily fantasy sports sites using the MajorLeagueDFS.com API suite, the FanVictor.com Platform and other partner networks.

About – DFSCoin is the official crypto coin for fantasy sports that allows sports fans world wide to play in contests and tournaments without restriction and to provide DFS sites a cost effective way of processing payments with out the risk of fraud or charge backs.

Why DFSCoin - Traditional payment processors who service the DFS industry are expensive and have a high risk of fraud and charge backs. DFSCoin transactions only cost .001 DFS and are much more secure than Paypal or credit cards. Fantasy sports players can be assured their deposited funds are properly segregated from from company expense accounts and verifiable on the blockchain.

DFSCoin Specs:


Main Information Page: http://dfscoins.com
Block Explorer: http://139.162.189.133:3001/
Fantasy Sports Sites: https://DraftDaily.com & https://FanLucci.com
Mining Pool: https://dfscoinminingpool.com/
DFSCoin Social (closed beta) https://dfscoin.network
Github link:  https://github.com/NicoDFS/DFSCoin
Discord: https://discord.gg/JY9awN4
Slack: https://dfscoin.herokuapp.com/
Coin Page: http://dfscoins.com/
YouTube: https://goo.gl/9CKUvn
Twitter: https://twitter.com/dfscoin

DFSCoin Wallet Links:

Windows - https://github.com/NicoDFS/DFSCoin/raw/master/dfscoin-qt-windows.zip
Linux - https://github.com/NicoDFS/DFSCoin/raw/master/dfscoin-qt-linux.tar.gz

The Daily Fantasy Sports Industry:

In 2017, there are 59.3 million people playing fantasy sports in the USA and Canada. The number of fantasy sports players continues to grow as it becomes more popular across Europe, Asia and Latin America

Fantasy sports players are younger, better educated, with higher household incomes and more likely to have fulltime employment:
66% Male // 34% Female
Average Age: 38.6
College Degree or More: 66%
Have a household income of $75k+: 51%
Have full-time employment: 67%
Average Annual Spending Per Fantasy Player (age 18+): $556
Favorite Fantasy Sport: Football
Fantasy Sports Players that Pay League Fee: 70%

On average, fantasy sports players (age 18+) spend $556 on league-related costs, single-player challenge games, and league-related materials over a 12-month period.

Players are more interested in sports because of fantasy. 64% say they are watching more live sports because of fantasy. •61% say they read more about sports because of fantasy.

PitchDeck for DraftDaily.com : https://www.dropbox.com/home?preview=Full+DFS+POWER+POINT+v2.pptx

PitchDeck for FanVictor https://www.dropbox.com/s/1nnpzwfct1sc087/FV%20pitch%20deck.pptx?dl=0




                     




The DFSCoin Team is made up of 5 talented members who possess business, development and marketing skills. The team is already in talks with multiple fantasy sports websites, white label providers, and land based gaming and casino companies who have all expressed an interest in using DFSCoin as the in game currency to meet their needs. Three of our core team members have been in the fantasy sports industry for the past 3 to 5 years each and have the experience and industry contacts to fast track mass adoption across businesses and consumers.


Nicolas Hernandez aka NicoDFS - Serial Entrepreneur, former president of Voice over Networks S.A. 1996, former VP of Century Capital Partners S.A. 2001, Managing Partner of Epic Apps Inc. since 2013, Founded MajorLeagueDFS.com and Draftdaily.com in 2014

Alok Kumar Saxena - Senior Software Engineer with a demonstrated history of working in the information technology and services industry with overall 5 years of experience in architecting and developing large scale, high-performance Amazon AWS, PHP, Zend, Laravel, CakePHP, drupal6&7, codeigniter, MongoDB, mysql,python,django based application.

Jason Liberto – Jason Liberto (Founder) Owner Draft2play.com Partner /Owner Draftdaily.com, Advertising, Marketing for Mars INC, Fantasy Sports and DFS.com Blog Editor,
Fantasy Sports Lineup Advisor.

Victor Ientilucci –  Founded FanVictor.com and FanLucci.com. Accomplished Program Manager with solid track record of delivering on-time, innovative, and reliable applications. Experienced IT professional with a unique combination of business experience and technical skills. Proven ability to effectively plan, coordinate and meet deadlines of multiple projects. Goal oriented customer focused, and tenacious: committed to executing first-class solutions on time and under budget.

TJ D'Maria - Serial Entrepreneur, Accepted into the first Information Systems Bachelors Degree Program in the World, founding member of 10 employee company that went public on NASDAQ with a top Market Cap of 500 million. Creator of the first multi-media  laptop computer with sound and color. Creator of the fastest laptop computer in the world. Customers included the NSA, NASA, Los Alamos  National Labs, Sandia Labs, Intel, Microsoft, and most Fortune 500 companies. Generated over $30+ million dollars in incoming call center and internet website business in his lifetime.

Steven Spooner aka DFSEXPLOSIVE - PR and community manager who has worked with multiple crypto currency's over the past 2 years, Pioneer of new industry projects with a proven track record of innovation and idea based tech with real world applications, 5 years experience in the sports and entertainment industry particularly stadium and venue management, 3 years doing stadium work for a AA sports franchise that had hosted players like Josh Becket, Mookie Betts and many other high caliber professional players and scouts

@everyone MasterNode Update

DFSCoin Community,

As you all know we aim to be the best Daily Fantasy Sports site on the market and since our fantasy sports sites are the best, DFSCoin must also be the best we can make it. Therefore as announced before we are updating our code and adding mastenodes, as well as re-branding DFSCoin as FantasyGold.

Here are the details so many people have been asking for:

Ticker: FGC
Algo : NIST5
Block Time: 90 Seconds

FantasyGold will have a Max Supply of only 27,000,000 down from 210,000,000

The current total supply will be reduced 10 to 1 for the swap, menaing that if you are holding 100,000 DFS will receive 10,000 FantasyGold.

Masternodes will require 10,000 FantasyGold as Collateral (100,000 DFS)

We are already in talks with Coinexchange and Cryptopia about conducting the swap

FantasyGold will be a PoW / Masternode Coin for the first 12 months favoring Masternodes as follows

50% Miners / 50% Masternodes
40% Miners / 60% Masternodes
30% Miners / 70% Masternodes
20% Miners / 80% Masternodes

It will take aprox 90 days to reach the 20% / 80%. The PoW phase will end in 12 months.
After 12 months PoS staking will be enabled. Block rewards will be split in PoS phase as follows:

45% PoS
45% Masternodes
10% Dev Fund

The 10% Devfund will be used to further FantasyGold and MN owner will be able to make proposals and vote on how to best spend the devfund.

Block Rewards will be as follows:

1st Year:

Q1 50
Q2 43.75
Q3 37.50
Q4 31.25

Once the PoS phase has ended Block rewards will continue to decrease quarterly until year 6 where is will stay at 1.625 FGC until the 27,000,000 FantasyGold has been reached

We have not released those numbers yet but they will be included in the up-coming announcement we are working on. Its not far off keep a eye here and on discord.

@everyone MasterNode Update

DFSCoin Community,

As you all know we aim to be the best Daily Fantasy Sports site on the market and since our fantasy sports sites are the best, DFSCoin must also be the best we can make it. Therefore as announced before we are updating our code and adding mastenodes, as well as re-branding DFSCoin as FantasyGold.

Here are the details so many people have been asking for:

Ticker: FGC
Algo : NIST5
Block Time: 90 Seconds

FantasyGold will have a Max Supply of only 27,000,000 down from 210,000,000

The current total supply will be reduced 10 to 1 for the swap, menaing that if you are holding 100,000 DFS will receive 10,000 FantasyGold.

Masternodes will require 10,000 FantasyGold as Collateral (100,000 DFS)

We are already in talks with Coinexchange and Cryptopia about conducting the swap

FantasyGold will be a PoW / Masternode Coin for the first 12 months favoring Masternodes as follows

50% Miners / 50% Masternodes
40% Miners / 60% Masternodes
30% Miners / 70% Masternodes
20% Miners / 80% Masternodes

It will take aprox 90 days to reach the 20% / 80%. The PoW phase will end in 12 months.
After 12 months PoS staking will be enabled. Block rewards will be split in PoS phase as follows:

45% PoS
45% Masternodes
10% Dev Fund

The 10% Devfund will be used to further FantasyGold and MN owner will be able to make proposals and vote on how to best spend the devfund.

Block Rewards will be as follows:

1st Year:

Q1 50
Q2 43.75
Q3 37.50
Q4 31.25

Once the PoS phase has ended Block rewards will continue to decrease quarterly until year 6 where is will stay at 1.625 FGC until the 27,000,000 FantasyGold has been reached

The New DraftDaily.com is now live, come check it out at https://DraftDaily.com

THE FINAL AIRDROP HAS ENDED!! THANKS FOR YOUR PARTICIPATION




THE DFS COIN TEAM Announcement  NicoDFS - Today at 1:29 PM
@everyone UPDATE - The DFSCoin Social Network is Now Open for Public Beta. Please visit https://dfscoin.network/  - In the coming weeks we will be adding many new features.

   Yeah buddy! https://dfscoinminingpool.com/

Can I mine DFS coins through CPU, as I have 4 CPU with me ?

I would like to participate to this airdrop but i can see that there is a virus in your walett. Do you know what is the problem. A few of my friends also saw that they were a virus. I would like to share this opportunity to my community but can't do it if i am not sure that everything is good.

the pool still not yet ready?

The head of the mining pool will look into this issue soon and will get back to you.

Hello I Run the Pool I can Assure you The Pool is No Scam How about contacting us in a professional manner instead of talking shit about scams on here. I will Check it right now. Ok your rig is bad it is currently producing at 9 % bad also you are getting paid and there is 2 rigs in there that are running over 1.5 gigahash.

here is what you have been paid    DFS Coin (DFS)   DHwRNpB5Db9MWinAEnhLPpso7FJ5HAjSZK   31s   1101.76761653   1257.76789642   21.30012303   21 being immature
       DFS   DFS   DHwRNpB5Db9MWinAEnhLPpso7FJ5HAjSZK   1m   1   575.2 M      64   5.702   1259.10014336   2128.36012451   


Blocks are made of 20 you do the math 19.8 payout SCAM THAT

   DFS Coin (DFS)   DQyyt2LBrUvgzHopgNZyTQ8aHhMaYvNaeD   3.30114475   0.00000000   165170   immature (4)   2m ago    clear delete
DFS   DFS Coin (DFS)   DLagh5gaqLttKSTs94NDm4F9Q7MkqVSSqP         7.20623004   0.00000000   165170   immature (4)   2m ago    clear delete
DFS   DFS Coin (DFS)   D6bjZmeJb86VxJrEdNDUw48BpxB4xQkTxs         1.47290231   0.00000000   165170   immature (4)   2m ago    clear delete
DFS   DFS Coin (DFS)   DHwRNpB5Db9MWinAEnhLPpso7FJ5HAjSZK        0.52240868   0.00000000   165170   immature (4)   2m ago    clear delete
DFS   DFS Coin (DFS)   D5VT7hM2ZJckrom6dVH6iuyGqShM3hiYXL        1.12644369   0.00000000   165170   immature (4)   2m ago    clear delete
DFS   DFS Coin (DFS)   D5DXAjZuMQJu5KexM82WSy5dTGafLak4pu   0.91421519   0.00000000   165170   immature (4)   2m ago    clear delete
DFS   DFS Coin (DFS)   DE3uQZF7ufmsdzwiEcBwUoDV8PEuigWf7d         4.86084938   0.00000000   165170   immature (4)   2m ago