Business Model Must Have Followed while developing cricket Fantasy Sports app

Every startup has perfect planning, and every platform works on a specific model same as the dream 11 has the business model.

The dream 11 platform module is designed in such a way that real sports, players, and fans can evolve from the world. It gives the players an opportunity to involve in the active and live game.

• Now, have a glimpse of the business model and how it works
• On this platform, the user can sign up for free
• The user can earn the bonus while sign up if he has a referral code from the other user who uses the app dream11 so he can enter the referral code.
• After a couple of hours, the referral can get a bonus point in his account. The account will be credited as he referred another person for the dream 11 apps.
• For every single match, the user will get the opportunity to make his team of 11 players ( That is why it is named as dream 11) of their choice from contestant teams with certain game rules of how many players you can select from each team and type(bowler, batsman, all-rounder).
• At the time of creating the team, the user will get 100 credits in his account and he can spend that budget by including the player of his choice. To include the player in the game each player needs a certain budget now it is on the player how he utilizes and identifies the best players among them.
• Once the user finalizes his team and makes the captain and vice-captain then it’s time to join the contest, which is going but with paying the entry fees and this is known as the hot-spot from where Dream11 earns most of its revenue.
• Each of these contestants has a certain winning amount and limitation on how many teams will become the winner and what is the sequence of giving the amount according to the team. The amount will be distributed according to the rank positions.
• It is based on the contest and the number of teams platform decides on total how many teams will become the winner.
• So before the real sport takes place the platform announces lock-in period, no changes can take place in it hence no changes and no alteration.

Revenue

Basically, Dream11 is the freemium fantasy cricket game

Hence cricket fans can register this platform and join a contest for free of cost and in the entry fees only to become a part of the team. With its business model, you would not see the first single coin of net profit without at least a few million users.

Putting all the calculations of Dream 11 will earn the revenue of INR.4-6 Crores(US$6,00,000-9,00,000) from each match. Along with this dream 11 allows other players also to make their football team and NBA Team.

Apart from this, we would like to tell you that, dream 11 allows other sports fan to work on the same business model.