MyDFS

2018-04-16 - 2018-08-10
Industry: Sports

MyDFS

The online fantasy sports industry has experienced stable growth every year, topping more than $7 billion of annual revenue, generated by more than 59 million users in the US and Canada in 2017 alone. It’s not just user base that grows, but also their spend on fantasy league-related costs, single-player challenge games, and league-related materials. For example, the average fantasy player spent approximately $556 on his or her sport in 2017.

At the same time, fantasy faces a multitude of challenges that can only be overcome by changing the industry itself. There are uncertain legal statuses, high marketing budgets, complicated user verifications, money withdrawal problems, and complex interfaces, just to start. The market is mainly split between two main players who pioneered the industry, DraftKings and FanDuel. Investors were surely appreciative when they did it, but these companies now have serious problems that include badly balanced marketing budgets, little external competition, a number of monopoly scandals, and the inability to challenge the tough laws and regulations that control the business of fantasy sports.

MyDFS doesn’t try to compete with industry leaders, but redefines the industry itself. ­

Team

Victor Mangazeev - CEO, Founder
Sergey Sheypak - Chief Technical Officer
Anastasia Shvetsova - Chief Communications Officer
Kseniya Ryazantseva - Chief Marketing Officer
Alex Kireev - Lead Backend Developer
Polina Polosukhina - Community Manager
Denis Polyakov - Android Developer
Vlad Zotov - Android Developer
Kirill Pyulzyu - iOS Developer
Andrey Lola - Senior Web Developer
Vadim Lebedev - Head of DevOps
Yobie Benjamin - Advisor
Frank Kan Fu - Advisor
Akin Babayigit - Advisor
Simone Giacomelli - Advisor
Eduard Gurinovich - Advisor
Alexander Hleb - Advisor

Milestones

January 2016: uTrener DFS launched in Russia
February 2016: Kontinental Hockey League app launched
November 2017: MyDFS development started
December 2017: MyDFS investor functionality is ready
March 2018: MyDFS basic gaming functionality is ready
April 2018:  Pre-ICO sale starts. MyDFS investor wallet is publicly accessible
May 2018: Pre-ICO finishes. Soft launch of MyDFS app in several countries. ICO starts.
June 2018: Intensive public marketing & PR campaign starts.ICO finishes. The app is fully ready for the biggest soccer championship.

Timetable

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