Crypto-friendly fantasy sports platform EarnU forays into India

EarnU is a platform by BetU ICO Corp, that allows users to make predictions online on a sport, and earn rewards. The platform was founded by serial entrepreneur Paul Rogash as an amalgamation of crypto and fantasy sports.

The platform allows users to earn crypto rewards for correct predictions on the major sports and esports. The game is free to play for BetU token holders.

BetU Verse is a virtual reality platform that enables players to enjoy interactive games and experiences within the licensed metaverse hotel and casino.

The users can hold BetU token which cannot be lost, and enter weekly rounds on the platform under any sport of their preference. The rounds begin and end every Tuesday. The users receive points to make predictions. If they make the right predictions, they earn points which are further converted to BetU tokens.

Users can conveniently withdraw their earnings as BetU tokens or swap it for ether (ETH), Binance Coin (BNB), tether (USDT) and further withdraw earnings via any of these cryptocurrencies.

“Indian audience is passionate about a lot of sports and esports, also in the recent times the acceptance towards crypto has increased multi-fold. Therefore, it makes complete sense for us to offer a new age predict-to-earn platform in the market that is a combination of the two rising interests among users. Furthermore, the users are already familiar with the concept of fantasy sports, and are participating actively in every league, with Indian fantasy sports market alone expected to touch $2.5 billion in 2022. We truly expect an overwhelming response from the market,” said Rogash, chief executive officer and founder, EarnU.

Currently, the platform has launched the most popular sports from across the globe, including football, basketball, cricket, mixed martial arts (MMA), tennis, rugby etc.

The platform targets onboarding at least 10,000 users on the platform every month in the first phase of growth this fiscal.