Crypto Fantasy League is a fantasy sports project based on blockchain and cryptocurrency. A fantasy sport is a type of internet game for which participants assemble virtual teams composed of proxies of real players of a professional sport. Users can create, manage, and play with their teams on the Sports Fantasy App. Subsequently, users receive rewards by holding their tokens and using the app. Thus, users can create their own teams and compete with players around the world to earn rewards in crypto.

According to the whitepaper, Crypto Fantasy League aims to be an industry leader in the emerging DeFi sector. The team intends to solve growing problems like centralization, high costs, cyber-attacks, and system failure. Running on the decentralized Binance Smart Chain, the platform aims to enhance speed and reduce trading costs for users. The network also aims to achieve sustainable long-term growth with a strategically developed ecosystem.

The CFL ecosystem also intends to upgrade its technical capabilities by leveraging the automated market makers (AMM) for helping traders to trade on the network without requesting permissions. Instead, the network aims to use dynamic algorithms and liquidity pools to link trading parties directly. Every holder of the native token is eligible to automatically receive CFL tokens from the reward pool into their account.

As the whitepaper suggests, the CFL token can be used as a medium of exchange within the ecosystem for generating liquidity, play, and trade. Moreover, users can get, trade, and swap CFL tokens on various DEX platforms and purchase industry and service products. Further, the project aims to launch a Fantasy Sports App where sports lovers and stakeholders can use the app to play and earn rewards. The CFL ecosystem issued a maximum supply of 100 billion CFL tokens.