We hosted an AMA on Twitter today with our partner, SkillShot.
Viking Fehu CEO, Bjorn Ruistuen, and SkillShot founder Gary Bannatyne answered your questions!
In case you missed it, here are some key questions and answers from the session:
Dream11 Fantasy Game covers all major cricket competitions globally. Anyone can participate in these matches by forming their own team. Will this also happen with the SkillShot app?
That is very similar to our plan with SkillShot. Any player will be able to create a team of 11 players from the 22 players taking part in the match. There will be similarities to other fantasy sports platforms out there, but also some unique features we feel will make SkillShot more engaging and fun.
How many members are there in SkillShot?
SkillShot is a startup in the early phases, we’re still growing our user base and are looking forward to welcoming some of the Viking Fehu community into ours in the near future.
When will SkillShot go live?
However, I will say that we expect to time our launch around the time that the Viking Fehu ICO comes to a close.
How will SkilShot work?
SkillShot is a fantasy sports platform and income is received through your performance in the matches you enter. The better you are at the game, the greater your potential to win.
What is the minimum entry fee to participate in SkillShot Games?
We are going to trial a few models to see what the player base responds best to. The initial plan is that entry fee will vary based on the popularity and profile of a match, so that players will have multiple price points available.
Will only the FEHU token be used in SkillShot?
Our payment gateway integrations will allow payment to be received in multiple forms, but behind the scenes this will always be converted to FEHU tokens. This means that FEHU tokens are the only way in which you can enter into matches on SkillShot.
What will the value of the FEHU token be on SkillShot?
As FEHU will be openly tradable on exchanges, the value of the token will be decided by the market.
Can FEHU tokens won through SkillShot be withdrawn in Direct Indian Currency?
Initially players will be able to withdraw their winnings (once a minimum threshold has been reached) to an external wallet. From there they are free to treat them as they would any other crypto currency. In the future we would look to make this more direct / simple for the players and will engage with our community to find out how we do that to best benefit them.
What are the benefits for investors of the Viking Fehu / SkillShot partnership?
All use of the FEHU will add to the demand side on the token - which will affect positively on the token price. Also, showcasing the beauty of our app will be important to acquire new partners and customers - which all will increase the demand for the token as well.
Watch our video to find out more about our token value unlocking!
Will SkillShot have a referral programme?
There will be a referral programme. I am not sure what you mean by “level plan” but it will work similarly to how we understand the Viking Fehu referral programme functions.
Thank you to everyone who joined in today. We hope to see you all at the next AMA!