Nfts
Ethereum game ‘Fantasy Top’ pays $1.25M to Twitter influencers, turned into NFT cards
Crypto Twitter’s new favorite game, Fantasy Tophas just paid out $1.25 million in Ethereum to the best influencers he has become NFT trading cards for a fantasy football experience.
After Launch on Ethereum Scaling Network Blast a week ago, the game, which allows players to create card queues of their favorite Twitter (aka X) influencers and earn rewards based on those influencers’ respective social engagement, took by storm cryptography.
The game’s “heroes” turned into cards include Ansem coin trader, Frank, the creator of DeGods, and even Su Zhu, the co-founder of the collapsed crypto hedge fund Three Arrows Capital. (Disclosure: Farokh Sarmad, Co-Founder of Rug Radio, Chairman of the Combined Group DASTAN parent company which includes Decrypt, is also one of the “heroes” of Fantasy Top.)
Influencers receive a 1.5% commission on their card’s trading volume as well as a 10% share of all pack sales revenue. Fantasy Top has now made its first payments and the creators are taking advantage of it.
The top three winners in week one were content creator Jenn Duong in first place, then the aforementioned Ansem and Blast founder Pacman tied for second. First place was awarded 6.7 ETH ($20,500) while the other two were lucky with 6.1 ETH ($18,700) each.
“$18,000 in winnings for [the] first week, not too bad,” Ansem posted on Twitter, in response to the news. « Fantastic top [is] one of the crypto apps that could integrate many Web2 creators.
Rating in Fantasy Top is based on your programming’s actual engagement on social media. On Sunday, it emerged that Duong’s Twitter engagement was artificially inflated by bots with people trying to perform better in the game. She publicly people convicted in doing so, temporarily setting her Twitter account to private while she scrolled through it.
But Fantasy Top claims to use anti-botting protections when it comes to ratings, and Duong has also seen substantial organic engagement due to its video content around Fantasy Top, as well as other Blast apps and protocols.
In addition to the 409 ETH ($1.25 million) distributed to heroes (300 ETH generated from pack sales and 109 ETH from the card market), an additional 2,480 Blast Gold was also distributed to players.
We don’t yet know how much Blast Gold will be worth, but crypto industry watchers estimate the value to be upwards of $10, adding another $25,000 or more to the game’s first week payouts. Heroes” also earn FAN points, which could be a precursor to a future token airdrop, although this is unclear at the moment.
Fantasy Top also announced plans to launch a feature allowing influencer “heroes” to share their earned rewards with players who own their cards in the game, which would give the game a SocialFi component. Some influencers have already confirmed plans has share their rewards with NFT holders.
Edited by Andrew Hayward