Phantasia Sports
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Phantasia Sports was a Chicago-based blockchain fantasy sports platform built on Solana. Users created or joined public and private fantasy leagues (NFL, NBA, MLB, EPL, cricket) competing peer-to-peer rather than against a house, earning the FANT token and NFTs for wins. Club owners ran leagues with analytics, chat and customisation; the FANT token also governed the Phantasia DAO. It raised $1.85 million in a November 2021 seed round from Alameda Research, CMS Holdings, GSR and Sino Global Capital, launched mainnet in 2022 with paid contests and staking, and had a built-in NFT shop.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Seed funding
Phantasia raises $1.85 million in seed funding (November 1, 2021) from Alameda Research, CMS Holdings, GSR and Sino Global Capital; it plans an NFT collection and an IDO via Solanium.
- Platform launch
Phantasia launches its mainnet fantasy sports platform (Product Hunt launch July 25, 2022), introduces paid contests and staking, and partners with Streamflow for token distribution.
- Investor collapse
Alameda Research, one of Phantasia's seed investors, collapses in November 2022.
- No shutdown documented
No verifiable public record of a shutdown, bankruptcy or acquisition of Phantasia Sports was found; aggregators list it as live, though its FANT token and app show little recent activity.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.