ZenSports outlines tech roadmap for FY 2022
All male NFT athlete drop due for launch in Q1 as operator targets market penetration in Tennessee
ZenSports, which offers a peer-to-peer marketplace for sports betting using traditional fiat (dollars, euros etc.) or cryptocurrencies including its own utility token called SPORTS, has published its challenging product and business roadmap for the FY 2022.
The Nevada-licensed company, founded in 2016 by entrepreneur and CEO Mark Thomas, has raised over $10m in funding – almost all in cryptocurrencies – since its launch.
In Q1 ZenSportsia will launch its non-fungible token (NFT) drop of all male athletes with the presale on 28 March and the public mint scheduled for 30 March. Players are currently able to apply for a position on the ZenSportsia NFT Whitelist.
In April, the company is set to begin the process of obtaining money transmitter licences in order to offer the ZenSports cryptocurrency trading exchange in all US jurisdictions, although this legal process usually takes between six months and a year. At the end of May, the business is expected to add market making to its ZenSports cryptocurrency trading exchange.
The third quarter of the year is due to see the launch of a blockchain esports leaderboard system at the end of July which will provide an incentive to players to continue engaging with their play-to-earn games. Another target for Q3 is the ZenSportsia all female NFT drop with 15% of the female supply to be airdropped to wallets that hold a male athlete NFT from Q1.
ZenSports has set a target of gaining approval for a Tennessee gaming and sports betting licence by the end of the year while other Q4 objectives include new fiat payment options for all applications by the end of November.