Crypto Twitter’s new favourite sport, Fantasy Prime, simply paid out $1.25 million value of Ethereum to prime influencers that it become NFT buying and selling playing cards for the fantasy football-esque expertise.
After launching on Ethereum scaling community Blast every week in the past, the sport—which permits gamers to create card lineups of their favourite Twitter (aka X) influencers, and earn rewards based mostly on these influencers’ respective social engagement—took crypto by storm.
The in-game “heroes” become playing cards embody meme coin dealer Ansem, DeGods creator Frank, and even Su Zhu—the co-founder of collapsed crypto hedge fund Three Arrows Capital. (Disclosure: Rug Radio co-founder Farokh Sarmad, president of the mixed DASTAN dad or mum firm that features Decrypt, can be one of many Fantasy Prime “heroes.”)
Influencers earn a 1.5% price from the buying and selling quantity of their card in addition to a share of 10% of all pack sale income. Now Fantasy Prime has made its first payouts—and creators are cashing in.
Heroes $1,250,000 Payout 🤝
Thrilling information! We have efficiently distributed the First Week Heroes Payout.
⚡️ 409 ETH
✨ 7,500 FAN pts per hero on common
🟡 2,480 Blast BOLDYou may view the rewards on the Hero Web page.
The on-chain distribution will start quickly, coinciding with… pic.twitter.com/U5B7yZvRG3
— fantasy.prime (@fantasy_top_) Could 7, 2024
The highest three earners for week one had been content material creator Jenn Duong in first, then the aforementioned Ansem and Blast founder Pacman tied for second. First place was topped with 6.7 ETH ($20,500) whereas the opposite two had been blessed with 6.1 ETH ($18,700) apiece.
“$18K in earnings for [the] first week, not too shabby,” Ansem posted on Twitter, in response to the information. “Fantasy Prime [is] one of many crypto apps that would onboard numerous Web2 creators.”
Scoring in Fantasy Prime relies in your lineup’s actual world social media engagement. On Sunday, it appeared that Duong’s Twitter engagement was being artificially inflated by bots with degens making an attempt to carry out higher in-game. She publicly condemned individuals doing this, quickly placing her Twitter account on non-public as she sorted via it.
However Fantasy Prime says it’s utilizing anti-botting protections relating to scoring, and Duong has additionally seen substantial natural engagement attributable to her video content material round Fantasy Prime, in addition to different Blast apps and protocols.
20K pushing 1 mill impressions
“Who’s afraid of little outdated me?”
You ought to be pic.twitter.com/Hgx1igdgIO— Jenn (@jenndefer) Could 7, 2024
On prime of the 409 ETH ($1.25 million) given out to heroes—300 ETH generated from pack gross sales, and 109 ETH from the cardboard market—one other 2,480 Blast Gold was distributed to gamers too.
We’re but to understand how a lot Blast Gold can be value, however crypto trade observers estimate the worth to be above $10—including a further $25,000 or extra to the sport’s first week payouts. “Heroes” additionally earn FAN factors, which could possibly be a precursor to a future token airdrop, although that is presently unclear.
I will be sharing 100% of this preliminary @fantasy_top_ income drop with all Herro Card holders.
I imagine in betting on the ppl that guess on me.
Lets prepare dinner https://t.co/9VX4QlWCSV
— Herro (@HerroCrypto) Could 7, 2024
Fantasy Prime additionally stated that it plans to launch a function that lets influencer “heroes” share their earned rewards with gamers who personal their in-game playing cards, which might give the sport a SocialFi element. Some influencers have already confirmed plans to share their rewards with NFT holders.
Edited by Andrew Hayward