Wire Industries, through its FantasyWire subdivision, has introduced an innovative secondary marketplace for daily fantasy sports (DFS) entries, enabling users to trade Pickem and Pool entries in a groundbreaking platform developed in partnership with RealTime Fantasy Sports.
The new DFS Pool marketplace represents a significant advancement in fantasy sports technology, allowing players to sell portions or entire entries within a real-time trading environment. Powered by an award-winning pricing engine, the platform utilizes thousands of real-time simulations to calculate entry probabilities and dynamic market values.
WagerWire recently received two prestigious awards from the Fantasy Sports and Gaming Association (FSGA), including honors for ‘Best Product Experience’ and ‘Best Innovation’. The company’s unique approach involves creating liquidity for gaming assets and providing users unprecedented insights into entry values.
Tim Jensen, COO of RT Sports, highlighted the platform’s innovative nature, stating that no other fantasy platform allows users to transform entries into tradable assets based on real-time value. The marketplace’s dynamic pricing models continuously update during games, giving participants sophisticated tools to maximize potential returns.
The expansion follows the successful launch of the Pickem entries marketplace and underscores WagerWire’s commitment to revolutionizing the fantasy sports experience. By enabling users to buy and sell entries with sophisticated pricing mechanisms, the platform introduces a new dimension of strategy and engagement to daily fantasy sports.
Wire Media is supporting the platform’s growth by focusing on storytelling and user experiences, moving beyond traditional advertising models to organically drive platform engagement.
The launch also coincides with the election of WagerWire’s CEO Zach Doctor to the FSGA Board of Directors, further validating the company’s innovative approach to fantasy sports technology.
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