The fantasy sports industry has witnessed remarkable growth over the past few years, attracting a large number of participants globally. This growth has been driven by various factors including the widespread adoption of mobile devices, the rise in popularity of sports represented in fantasy games, and the increase in participation during the COVID-19 pandemic. As a result, the global fantasy sports market is projected to grow from USD 24 billion in 2021 to an estimated value of USD 80 billion by 2030, reflecting an annual growth rate of 14% from 2022 to 2030.

The amount of money spent by users on fantasy sports games can vary significantly based on their level of engagement. Casual players may spend a nominal amount, such as a few dollars, on entry fees for individual games or leagues, while dedicated players may invest hundreds of dollars on entry fees and in-game purchases. Furthermore, some fantasy sports platforms offer high-stakes games with substantial prizes, attracting players who are willing to spend large amounts of money for a chance to win big.

Moreover, data reveals that the average user of fantasy sports spends approximately 4.5 hours per week playing and managing their teams. The majority of players are males aged between 18 to 35 years old, who are highly engaged and technologically savvy. They are likely to have a strong passion for sports and a desire to compete with friends and other players. Additionally, a study conducted in 2022 shows that 59% of fantasy sports players consider their participation in the games to be a form of leisure or entertainment, while 41% view it as an investment opportunity.

The United States has one of the largest and most mature fantasy sports markets in the world, with an estimated 67 million players as of 2023. The average age of fantasy sports players in the US is between 35-44 years old, with a majority being male (80%).

In terms of revenue, the US fantasy sports market generated an estimated $7.3 billion in 2022, with the average player spending $556 annually on entry fees, in-game purchases, and other costs associated with playing fantasy sports. The industry has also seen significant investment from venture capital firms, with several fantasy sports start-ups raising millions of dollars in funding to support growth and expansion.

In addition to traditional fantasy sports games, the US market has also seen the rise of daily fantasy sports, where players draft new teams for each day's slate of games and compete for cash prizes. This sub-sector of the industry has grown rapidly in recent years, with several leading platforms generating hundreds of millions of dollars in annual revenue. Despite some regulatory challenges and controversies, the US fantasy sports market is poised for continued growth in the coming years, driven by increasing player engagement, new product offerings, and the expansion of sports and gaming options.

Strikers is a next-generation fantasy sports platform that leverages the power of non-fungible tokens and decentralized tools to deliver a unique and engaging sports experience. The platform aims to harness the full potential of decentralized technology while providing a simple and accessible user experience that does not overwhelm users with technical details or jargon.

At the core of Strikers' offering is the representation of athletes as NFTs (Athlete Cards), which users can purchase, sell back to Strikers, and use to build teams. These Cards earn points based on the real-life performance of the athletes they represent, and users can compete on weekly and seasonal leaderboards for the chance to win monetary rewards. To ensure the stability and security of these NFTs, Strikers uses proceeds from their sales to back their value and buys them back from users during the season and 30 days after it ends.

Strikers also offers users the opportunity to purchase Strikers Passes, which are Strikers DAO governance tokens providing access to the Strikers DAO community and token-gated prediction games. Users holding them can make proposals and implement them to improve Strikers or they can actively participate in the governance of the platform. If their proposals are accepted and implemented, they earn a portion of the fees generated from their contribution during the entire period they hold Strikers Passes. The value of Strikers Passes is not backed by the platform, but they can be resold in the third-party marketplaces. If they are successfully resold, Strikers will charge a 20% royalty fee on top of other fees. By selling their Strikers Passes (all of them), users give up their right to collect contributor fees. The buyer doesn’t inherit the right to collect these fees. However, if users hold at least one Strikers Pass, they will continue receiving full contributor fees.

All NFTs are designed and minted by Strikers DAO and are deployed on the Polygon network.