Fanton
Tel Aviv-Yafo, Israel
Overview
Fanton Fantasy Football operates a blockchain-based fantasy sports platform integrated within the Telegram ecosystem. The platform lets users create and manage fantasy teams, compete with other players, and earn rewards enabled by blockchain technology. The company raised $1M in Seed funding to support its growth. Fanton intends to use the funds to expand operations and accelerate development efforts. The platform has attracted over 3 million users and more than 300,000 connected wallets. Fanton is positioned in the SocialFi gaming space and targets growth among fantasy sports enthusiasts worldwide. Fanton Fantasy Football is a gaming platform that combines traditional fantasy football with NFT and cryptocurrency mechanics, including NFTs representing players and seamless Web3 payments via Telegram. The product launched to early acclaim, earning Product Hunt’s “Product of the Day” and attracting both players and investors. Fanton plans to use new funding to expand services and add features such as 'Play with Friends', personalized tournaments, and smart gaming strategies to boost engagement. The team emphasizes tight integration with the TON ecosystem and Telegram to simplify gameplay and payments. Fanton has also pursued strategic partnerships, including an alliance with Cointelegraph Accelerator, to broaden its reach within Web3. The company positions itself to grow its community and deepen its role in the TON network. Fanton has developed a TON blockchain fantasy football game that operates on Telegram, where users create and manage teams by selecting player cards. The game mimics tournaments from the top five European leagues and the Champions League, and players score points based on real-world match outcomes such as goals, assists, and clean sheets. Players can make tactical adjustments to their teams until the registration period ends, and the primary objective is to achieve the highest score to win prizes paid in TON cryptocurrency. Led by CEO Eldar Khayretdinov and COO Vadim Sterlin, the company plans to use the new funding to accelerate growth within the TON ecosystem. Fanton raised $300K in a pre-seed round at a $5M valuation, reflecting early-stage backing. The round was led by First Stage Labs, Yolo Investments and Existential Capital, and included business angel Emanuele Costa.
- Total raised
- $1M
- Funding rounds
- 3
- Latest round
- Seed
- Latest activity
- Aug 2024
Industries
- Cryptocurrency
- Digital Entertainment
- Gaming
- Mobile Apps
Recent funding
Seed
Aug 2024
$1M
Seed
May 2023
$0M
Team
Eldar Khayretdinov
Founder & CPO
LinkedIn