Cryptocurrency has affected many industries. Fantasy Sports is growing rapidly at a rate of US$10 billion per year and is the latest market established by blockchain technology. This influence began with the release of No Limit Coin (NLC2) by Wuji Fantasy Sports.  

NLC2, similar to other cryptocurrencies such as Bitcoin, also uses blockchain technology to achieve three-way decentralized entrance records without the need for a central bank.

No Limit Coin (NLC2) is characterized by providing players with a general crypto-mathematical currency platform, and in the Wuji Sports application framework, there is no need to worry about national legal currency trading issues. This allows players to ensure the security of transactions within the platform every time.

Project Introduction

NoLimitCoin (NLC2) is an exclusive listed cryptocurrency that powers the No Limit Fantasy sports platform. NoLimitCoin has ultra-fast and near-instant trading times and ultra-low trading fees. NLC2 is a proof of stake coin that can pay 4% extra coins per year to loft these coins and keep them in a local wallet. NLC2 enables users to receive the lowest commissions of all fantasy sports platforms, which has reduced commissions by 50% compared to competitors.

NLC2 coins use the proof-of-stake algorithm to transmit blockchain. By purchasing NLC2 coins, users can become network nodes that transmit blockchain, and receive 4% of extra coins each year as rewards. The blockchain creates these new coins and sends them to the user's wallet.

Fantasy sports is a term that refers to a skill competition in which users compete against each other by creating a team of real players in professional sports.

The user can win these games by selecting players the user believes performs well in real-life sports games. These players have achieved excellent performances in their games for the club. A points system based on player personal behavior is used to determine the scores of individual players on the No Limit Fantasy Sports platform. These points are called fantasy points (FPs), and users can see them for each individual player in the image below. The more points a player gets, the better because if the user's team gets the most points at the end of the game, the user will win.

So, users can actually choose real-life athletes from their favorite sports from "Unlimited Fantasy Sports". Each team has a fixed budget (called salary cap) that users must use to buy players. This is where the skill aspect comes into play, it tries to find a good combination of “expensive and high-scoring players” and find the “cheapest” players with the highest scoring potential.

To increase the chances and select the best team, users can study individual players, view their past performance, injury updates, and even view players’ social media via the No Limit Fantasy Sports platform. This is about getting to know the user's players and making sure they are the best team for the user.

The No Limit Fantasy Sports platform has launched Fantasy Football, NFL, Hockey, Basketball, Fantasy Cryptocurrency and Baseball. MMA and cricket will be launched soon.

Currently, in the United States, the two largest fantasy sports platforms are Draft Kings and Fan Duel. Together they own nearly 90% of the U.S. market, worth billions of dollars. This effective monopoly allows them to charge players' ransom rates using the platform. In other countries, things haven’t changed much, some dominating the fantasy sports betting market.

No Limit Fantasy Sports aims to provide athletes with better prices than their competitors, ending the effective monopoly of large fantasy sports betting platforms in the market.

No Limit Fantasy Sports does not charge a 10% commission (the fee to enter the game) but only a 5% fee. For head-to-head matches, the commission for high-bet matches will be further reduced to 2.5%. By reducing commission fees by up to 50% compared to competitors, it makes our platform the most competitive in the market.

These percentages don't sound much different for users who are not familiar with gambling. However, if users like to play regularly, the sum of these percentages will be very rich in the long run.

Related links:
http://www.nolimitcoin.org/
https://info.binance.com/cn/currencies/nolimitcoin