Earn LEAG Tokens By Defi Dad

Before we get started, DeFi Dad disclosed that his team 4RC did invest in the LeagueDAO seed round. This is not a recommendation or endorsement to buy LEAG when the token is generated, but it is intended to disclose any bias he might have in talking about LeagueDAO’s new liquidity mining program.

In just the United States and Canada, there are an estimated 60 million fantasy sports players. The global fantasy sports market is expected to grow from US$20.36 billion in 2020 to US$22.31 billion in 2021. So it shouldn’t come as a surprise that a team of smart contract developers are aiming to disrupt this industry with the radical accessibility of DeFi and NFTs.

A new blockchain-based game on Polygon called LeagueDAO will combine the best of DeFi protocols, play-to-earn gaming, and NFTs to create a web3 fantasy gaming reality where users can own and trade the players on their team and where on-chain scoring is based on real-world stats. LeagueDAO will reward players for their effort, skill, and time spent in a game.

The first product soon to be released from LeagueDAO is the Nomo Fantasy Football League. Nomo Leagues will allow users (aka Managers) to place teams in an open week-to-week fantasy league that rewards Managers based on the performance of their team. 

Here’s how it works:

• Managers join a Nomo League by staking Nomo Player Tokens, dynamic ERC-721 tokens in the league. 
• New Managers can join the league and add to the pool throughout the duration of a round, and receive rewards proportional to the points generated by their Player Tokens that are staked in the league. 
• By participating in Nomo Leagues, Managers can