Flip’s Fantasy NFT Trading
Flip is a platform that allows users to track their Portfolios as well as make NFT purchases from OpenSea and LooksRare. The platform also allows users to curate their experience by following their favorite wallets, collections, and individual NFTs and organizing them into custom folders. The platform is also available on mobile platforms.
The platform is launching the Flip Genesis League later today and is open to all Flip users. This competition is free entry and begins at 12 PM EST. The competition mimics fantasy sports games and allows competitors to “fake trade” NFTs. Competitors will find collections to build their fantasy portfolios to trade directly in the Flip app. 100 fake ETH will be distributed to all users once the league starts. Real-time market data will be used for the pricing in the game. The performance of a collection will affect P/L in the game.
Ready to compete in Fantasy Flip?
— Flip (@Flip_xyz) September 29, 2022
It's free to join, and you can win awesome prizes each week + we'll have a big grand prize winner at the end of the month. Join now, and trading starts Monday!@ledgerstatus describes the competition more in the video!https://t.co/18NYpldWpC pic.twitter.com/mv6ycqNLtW
The Flip Genesis League comes along with weekly prizes and grand prizes at the end of the event “for any user who maintains their fantasy terms and conditions.” Weekly first-place winners also gain an entry into the grand prize drawing. The two weekly prizes include the most profitable trade from a single transaction and the largest percentage increase in profit (total eth).
The grade prize winners will be selected from the highest ending ETH volumes and will receive a prize from a selection of premium NFTs from Flip’s select partners and various “swag packs.”
Flip has restricted certain collections, especially those with very low floor depth and limited listings. This measure was taken to prevent users from being able to move the market of a collection for the purpose of winning this fantasy league. This will ensure that users aren’t tempted to buy up these cheaper collections on-chain, outside the game, just to bump the collection in their fantasy portfolios.
