We discuss the new blockchain-based fantasy football dynasty league!
What is the NFT League?
The NFT League is dynasty fantasy football, but on the blockchain! With over $350,000 in real money prizes that can be won by playing in FREE contests. UPDATE: The project will be launching Friday, November 19 at 6:00pm ET!
You will buy NFT Athletes (called “minting”) and their stats will be tied to those of real professional football players. For example, you may purchase a “KC QB 15” NFT Athlete, and that NFT will have its statistics forever linked to — you guessed it — Patrick Mahomes.
Each week, users can participate in FREE contests, and the top finishers will qualify for the Grand Prize Week contest where you can win “Bored Ape Yacht Club NFT #410” (USD value = ~$240,000)!
By simply “minting” — just the fancy term for “buying from the NFT League website” — two NFT Athletes at launch, you will qualify for a Week 17 contest in which you can win “Mutant Ape Yacht Club NFT #10944” (USD value = ~$25,000)!
How many NFTs should I mint?
The NFT League recommends buying at least two NFT Athletes (so you can qualify for the Week 17 contest). Once the NFT League is launched, it will offer multiple contests per week, with one of those contests only requiring two NFT Athletes to participate!
How do I buy NFTs?
All our NFT Athletes exist on the Ethereum blockchain, and thus need to be purchased using the Ethereum cryptocurrency.
Launch date for The NFT League will be on Friday, November 19 at 6:00pm ET. If you are able to join the whitelist in discord, which just means signing up for a list to buy before the public, that mint will begin starting on Wednesday, November 17 at 6:00pm ET. However, the whitelist closes on Wednesday, November 10 at 2:00pm ET.
The easiest way to get started buying Ethereum is to purchase the asset on www.coinbase.com. The price for each NFT Athlete will be 0.04 Ethereum plus gas fees (which is estimated around 0.08 Ethereum needed per transaction given current market conditions). Users on the Ethereum network have to pay a transaction fee in order to buy or sell an asset, and the network has been busy lately, so transaction fees can vary wildly from hour-to-hour. By whitelisting, you give yourself multiple days to find low gas prices.
After purchasing the Ethereum, Coinbase will make you wait multiple days to transfer that money into a different Ethereum wallet. You will need to transfer the Ethereum to a wallet that is able to interact with NFT marketplaces such as OpenSea. The most commonly-used transactional wallet is MetaMask.
To transfer Ethereum, you will have to create a MetaMask wallet. Typically, MetaMask can be added to your browser as an extension. Once installed, it should look like this:
You will be able to easily find your wallet number by clicking on the address that begins with “0x”, which is shown below “Ledger 1” in the picture above.
Copy and paste that number into Coinbase as the wallet number to which you will be transferring the Ethereum. Once your Ethereum is transferred, you can interact with TheNFTLeague.io to purchase NFTs, and you can go on the OpenSea Marketplace to buy/sell NFTs as well.
FREE DRAFTKINGS CONTEST!
This week, The NFT League will be running a FREE DraftKings contest for the NFL Main Slate. There will be 200 participants, and the top 3 will win a free NFT Athlete! With so many chances to win, what are you waiting for!?