Moonrock Capital is featured in the Rage.Fan Investor Spotlight Series
Moonrock Capital, a blockchain advisory and investment partnership with offices in London and Hamburg, is a leading cryptocurrency and blockchain investment firm.
Rage.Fan vision of being the first to transform the mainstream centralized fantasy sports ecosystem into a completely decentralized experience has received support from Moonrock Capital.
Rage.Fan recently had the opportunity to speak with Moonrock Capital about why they chose to invest in Rage.Fan and their thoughts on fantasy sports in general.
According to recent reports, the fantasy sports industry is growing at an exponential rate, with the global market predicted to reach over $80 billion by 2025, with a compounded annual growth rate of 33.4 percent.
In India, where over 1 billion people actively support some type of cricket team, the RAGE team has a significant following. This massive user base, combined with the region’s growing interest in cryptocurrency, creates ideal conditions for a viable fantasy sports app, with RAGE ready to capture a significant proportion of the market with its thorough plan and go-to-market strategy.
Rag.Fan is a decentralized fantasy sports platform that prioritizes the interests of fans over platform owners. It allows players to earn rewards by putting their skills and expertise to use in extremely exciting fantasy sports contests. Users will also be able to earn $RAGE, the platform’s governance and utility token, by participating in a variety of unique mining operations.