Users will be able to build teams with NFTs from real players, participate in leagues, and compete for prizes in a new web3 game hosted on the Chiliz Chain
Rio de Janeiro, Brazil, 30 July 2024:— Olecoin, a decentralized platform for football fans, has announced the launch of the first football fantasy game with a tap-to-earn version, Olefoot. The game, which has former São Paulo, PSG, and Fenerbahçe player, and Uruguayan national team member Diego Lugano as its ambassador and founder, will allow users to create their own online teams where all players, from the goalkeeper to the forward, will be collectible non-fungible tokens (NFTs) of real athletes, whether they are professionals or otherwise.
The project is being developed on the infrastructure of Chiliz Chain, the world’s leading blockchain for the sports and entertainment industry, and aims to increase fan engagement with their favorite players and create a new source of income for athletes through web3 gamification.
As a rising trend in the crypto world, tap-to-earn games have a simple mechanic to understand: just tap on the screen or icon in the center of the phone screen to earn points or even crypto assets within the game. Due to the easy gameplay and the possibility of valuable prizes, tap-to-earn games have attracted millions of users around the world. It also allows users to participate in daily tasks to earn points, and enter into a ranking.
Fantasy Game with NFTs of Real Players
What will make Olefoot even more innovative is the use of NFTs of real players, whether they are early-career players, professionals, or even former players. Moreover, each NFT will directly contribute to the sponsorship and support of rising talents, as well as to a marketplace where different athletes will have more visibility and new means of revenue.
Within Olefoot, it will be possible to find the same football players at different times in their careers, such as in the token lines of former players Diego Lugano, club world champion with São Paulo in 2005 and Turkish champion with Fenerbahçe in 2006-07 and 2010-11. The platform will feature various new crypto assets in its universe and a secure economic sustainability model to provide an even better experience for users.
The project will also focus on women’s football, allowing users to choose the top female players according to the strategies and variations available in the game. The integration of genders and age groups marks the first steps in creating a new universe for football, now in an environment with more opportunities.
By creating NFTs for professional players, former players, and aspiring athletes, Olefoot democratizes access to commercial opportunities in the new era of asset digitization in the sports industry.
André Figer, mentor of the project since 2019, stated: “Our proposal with Olefoot is to show the market a new usability for football NFTs. Until now, holders of this type of token were just waiting for market movement. Now, we are offering the option, in addition to various benefits, for people to buy an NFT to use in their teams in the fantasy game. And then, just like in football, the best-assembled teams win prizes in our leagues. This transforms the experience of owning NFTs and brings them into a more fun environment like football.”
Figer continues: “We believe that combining the passion for football with a simple activity, like kicking the ball with your finger on the screen to earn coins, will accelerate the creation of a community with countless people who have never even created a digital wallet before. Projects with millions of users are now looking at football to try to do what we already do at our core. Olefoot will target everyone from those who have never dealt with digital currencies to the most experienced in the field, and we also aim to create tokens from the simplest player to the biggest clubs in the world”.
Bruno Pessoa, Country Manager of Chiliz in Brazil, said: “We’re very excited about the launch of Olefoot. It’s another innovative web3 sports project hosted on our blockchain, and we believe the game opens up an infinite range of possibilities, allowing fans and athletes to interact in unprecedented ways. Olefoot’s choice of the Chiliz Chain shows that we’re on the right track as a SportFi ecosystem, reinforcing our commitment to innovation within the sports industry.”
