NeoFanTasy
NeoFanTasy is a blockchain-based fantasy game and fan engagement platform founded in Ahmedabad, India in 2021, enabling users to earn rewards in crypto tokens and NFTs through participation.
- Company typePrivate
- Founded2006
- HeadquartersAhmedabad, India
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What NeoFanTasy does
NeoFanTasy is a blockchain-based Fantasy Game and Fan Engagement Platform headquartered in Ahmedabad, India. Founded in 2021, the company combines fantasy sports-style gameplay with fan engagement mechanics, allowing users to earn rewards in the form of crypto tokens and NFTs. The platform is accessible via its website at neofantasy.io and operates as a private, for-profit entity.
The company's core offering leverages Web3 infrastructure to tokenize user participation, issuing crypto token and NFT-based rewards rather than traditional fiat-based prize pools. NeoFanTasy maintains a small team of 11-50 employees, consistent with an early-stage startup, and is positioned at the intersection of fantasy gaming, fan engagement, and blockchain-native incentives. Specific monetization mechanics (entry fees, transaction fees, secondary-market royalties, or token-economy levies) are not disclosed in available material.
NeoFanTasy's recorded funding activity consists of two small 2022 rounds — a $0 round led by Conquest on 2022-11-29 and an approximately $65,830 round from an undisclosed investor on 2022-04-01 — indicating an early-stage capitalization profile. The company serves users interested in fantasy gaming and crypto-native rewards, though customer count, geographic reach, and engagement metrics are not disclosed in the available input.
NeoFanTasy firmographics
Firmographics- Name
- NeoFanTasy
- Legal name
- 188BET
- Website
- https://neofantasy.io
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- NeoFanTasy is a blockchain-based fantasy game and fan engagement platform founded in Ahmedabad, India in 2021, enabling users to earn rewards in crypto tokens and NFTs through participation.
- Ownership category
- akta.pro rank
NeoFanTasy industry classification
Industry- Product category
- Blockchain Fantasy Gaming
- NAICS
- Other Gambling Industries (713290)
- SIC
- Services-Miscellaneous Amusement & Recreation (7990)
- akta.pro primary industry
- GameFi Economies & Token Systems (tokens, staking, sinks/sources, inflation control) (FSAPAGAG)
- akta.pro secondary industry
- Player Wallets, Identity & Accounts for Games (embedded wallets, SSO, DID) (FSAPAGAF)
Keywords
Where NeoFanTasy is headquartered
LocationHeadquarters
- HQ city
- Ahmedabad
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
NeoFanTasy business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Sports Betting: Sports wagering on football, basketball, tennis, esports with real-time odds and live betting options
- Online Casino: Live dealer casino games including Baccarat, Poker, Roulette, Sicbo with real-time streaming
- Slot Games and Fish Shooting: Over 1,000 slot games and fish shooting games with progressive jackpots
- Lottery and Number Games: Lottery games including Northern, Central, Southern Vietnam lotteries and international lottery options
- Cockfighting and Virtual Sports: Online cockfighting betting and virtual sports simulations
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
NeoFanTasy product offering
Product offeringCore offering
NeoFanTasy is a blockchain-based Fantasy Game and Fan Engagement Platform on which users participate in fantasy gaming and are rewarded in cryptocurrency tokens and NFTs. The company, founded in 2021 and based in Ahmedabad, India, runs its own consumer-facing platform (neofantasy.io) where individual players engage with fantasy games and receive tokenized rewards distributed via blockchain infrastructure.
Product overview
188BET is a multi-service online entertainment platform offering eight distinct product categories: Sports & eSports betting, Live Casino with real dealers, Slot Games with over 1,000 titles, 3D Fishing Games, Online Cockfighting, Lottery & Keno, P2P Card Games, and Virtual Sports simulations. The platform operates as a unified ecosystem accessible across mobile, PC, and tablet devices with unified account authentication and integrated payment processing across all services.
Differentiator
Problem solved
Functional benefit
Products and services
- NeoFanTasy Fantasy Gaming & Fan Engagement Platform
Companies that use NeoFanTasy
Customer profileSegments1 record
Ideal customer profiles1 record
NeoFanTasy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
NeoFanTasy partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Isle of Man Gambling Supervision Commission (GSC)coreRegulatory licensing and oversight body that grants 188BET its legal operating license. The GSC is one of the most reputable international gaming regulators, ensuring transparency, security, and player protection standards.
Scale indicators3 records
Recent moves3 records
Expansion highlights2 records
NeoFanTasy competitors and assessment
Company assessmentDirect peers
- My11Circle: India-focused fantasy sports platform (backed by Games24x7) competing head-to-head in the same fantasy cricket/football vertical. Closest direct product competitor in the traditional fantasy sports space.
- PlayerzPot: Indian fantasy sports platform with similar product scope (fantasy cricket, football, kabaddi). Direct peer in the fantasy sports category with comparable user base and contest format.
- BalleBaazi: India-based fantasy cricket platform targeting the same core user demographic as NeoFanTasy. Closely comparable fantasy contest mechanics and Indian market focus.
- WinZO Games: Indian social gaming and fantasy platform offering casual, fantasy, and card games with cash rewards. Comparable audience and contest mechanics, with growing monetization sophistication.
- Real11: Indian fantasy sports platform covering cricket, football, basketball and more. Operates in the same product niche as NeoFanTasy with similar contest structures.
Emerging players
- Splinterlands: Web3-based competitive gaming platform using NFTs and tokens for rewards and asset ownership. Highly comparable GameFi mechanics, although Splinterlands focuses on card battling rather than fantasy sports.
- Axie Infinity: Pioneer Web3 play-to-earn gaming platform with token and NFT-based economies. Comparable on the GameFi/crypto reward model side, though Axie is a creature-battler rather than fantasy sports.
Broad incumbents
- Dream11: India's dominant fantasy sports platform with hundreds of millions of users. Highly comparable business model (fantasy contests with prize pools) and target market, but pays out in cash rather than crypto/NFTs and operates at vastly larger scale.
- Mobile Premier League (MPL): Major Indian skill-gaming and fantasy platform with a broad portfolio of casual and competitive games. Comparable fantasy + casual gaming offering and Indian user base, though MPL is far larger and not crypto-native.
Others
- Games24x7 (parent of My11Circle): Operator of multiple Indian skill-gaming and fantasy platforms, providing useful comparison for the broader Indian skill-gaming ecosystem in which NeoFanTasy participates.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat1 record
Key risks4 records
Key highlights4 records
Customer concentration
NeoFanTasy social profiles
Digital presenceNeoFanTasy compliance and trust
Trust signalCompliance2 records
NeoFanTasy financial estimates
Financial estimateRevenue estimate
Valuation estimate
NeoFanTasy leadership team
Management profileNumber of profiles
NeoFanTasy funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NeoFanTasy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NeoFanTasy
What does NeoFanTasy do?
NeoFanTasy is a blockchain-based Fantasy Game and Fan Engagement Platform on which users participate in fantasy gaming and are rewarded in cryptocurrency tokens and NFTs. The company, founded in 2021 and based in Ahmedabad, India, runs its own consumer-facing platform (neofantasy.io) where individual players engage with fantasy games and receive tokenized rewards distributed via blockchain infrastructure.
Is NeoFanTasy a public or private company?
NeoFanTasy is a private company. It is classified as venture growth investor backed and is currently operating.
When was NeoFanTasy founded?
NeoFanTasy was founded in 2006. It employs 11 to 50 people.
Where is NeoFanTasy based?
NeoFanTasy is headquartered in Ahmedabad, India, in the Asia region.
How does NeoFanTasy make money?
Five revenue lines are on record. Sports Betting is the primary driver. The others are online Casino, slot Games and Fish Shooting, lottery and Number Games and cockfighting and Virtual Sports.
Who are NeoFanTasy's main competitors?
Direct peers on record are My11Circle, PlayerzPot, BalleBaazi, WinZO Games and Real11. Emerging players are Splinterlands and Axie Infinity. Broad incumbents are Dream11 and Mobile Premier League (MPL). Games24x7 (parent of My11Circle) is listed as an others.
Does NeoFanTasy have an API?
No public API is recorded for NeoFanTasy.
What industry is NeoFanTasy in?
NeoFanTasy's product category is Blockchain Fantasy Gaming. Its primary akta.pro industry code is FSAPAGAG, GameFi Economies & Token Systems (tokens, staking, sinks/sources, inflation control), with a secondary code of FSAPAGAF, Player Wallets, Identity & Accounts for Games (embedded wallets, SSO, DID). Its NAICS code is 713290 and its SIC code is 7990.