MegaFans Blossoms at Launchpool Labs
By: Jeff Donnelley
Tags: Esport, Cryptocurrency, Mobile Games, Launchpad, Nft

MegaFans sits on the edge of the up-and-coming GameFi industry, yet they are more than just another blockchain project. The team behind MegaFans has decades of experience in the video game industry with powerhouses like Ubisoft and Draftkings. They fundamentally understand the mobile gaming and eSports arena and have identified a lack of incentivisation for players as a main driver of future growth, and have set out to fix that with a product that is applicable to the entire eSports and gaming industry, not just their own product. Speaking of games — MegaFans was very quick to come to market and already has seven unique titles launched on the Apple app store. In this way, MegaFans is uniquely different from their competition.

When it comes to eSports, MegaFans has identified two key drivers of user behavior: prizes and bragging rights. Financial incentives are of course a powerful way to drive human behavior, but bragging rights are something unique to sports and competitive activities. Most users would prefer to compete against a group of their peers, rather than a computer. This makes sense, of course, since the computer cannot respond to your jeering. Unfortunately, one big thing stands in the way when it comes to incentivizing mobile gaming: transaction fees in the app store. As many are aware, and in light of recent events with Epic Games and Apple, Apple charges a lot for in-app purchases. That is where blockchain comes in for MegaFans.

MegaFans utilizes a “cage model”, where users are able to purchase tokens directly in the app via in-app purchases. These tokens can be used to participate in pay-to-win tournaments to win more tokens. However, instead of having users redeem the tokens in the application, where more fees would be taken out, they are taken to a blockchain-enabled payments portal on the MegaFans site for redemption. MegaFans already has experience helping users redeem their tokens for Bitcoin over the past two months, and has begun to utilize NFTs over the past month. This cage model thus creates an incentivization model that can be applied to any mobile game, and can facilitate an infinite number of players and tournaments, along side the eSports software which is also designed for global scale.

MegaFans isn’t just about incentivizing eSports, though. They want to do something meaningful with their product. That’s why one of their core principles is to help women in tech and STEM fields by breaking down the barriers of a traditionally male-dominated eSports industry by providing the ability to participate in pay-to-earn sports tournaments from a safe environment. In this way, MegaFans wants to make eSports and gaming accessible to all.

As you might imagine, LaunchPool Labs is the perfect fit for MegaFans. As more GameFi and pay-to-play projects come to LaunchPool, MegaFans’ enterprise level system can be quickly integrated into games to allow for incentivization of user behavior. This symbiosis between projects will allow for concurrent growth and strong network effects.

Ready to play some games or read more about MegaFans? Read more below:

MegaFans LinkTree: Mobile Esports Gaming Online | Play Mobile Esports Tournaments — Mega Fans

Launchpool Labs: https://launchpoollabs.xyz/projects/megafans