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Beleaguered NFT Traders Can Now Relive Mania With Fantasy League Game
As NFT winter deepens, Flip says its new fantasy league will still provide traders the “sweet adrenaline” of flipping JPEGs.
Yazan Tracy Wang
Non-fungible token (NFT) traders who’ve lost real money amid this year’s market downturn can now try wagering fake funds on JPEGs through something akin to fantasy sports, amassing a mock portfolio through NFT data and trading platform called Flip.
Participants in the new NFT fantasy league can pretend-buy NFTs, and those with the best simulated portfolio performance win prizes.
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“Fantasy Flip is a way to have fun in a bear market,” Flip co-founder Brian Krogsgard, who goes by Ledgerstatus on Twitter, told CoinDesk. “Most of us are too poor to be spending the [ether] we have left on huge sweeps, but we still want that sweet adrenaline rush of flipping JPEGs. It’s fun for folks who want to participate in NFTs but can’t do so with big money.”
NFT trading volumes have fallen nearly 97% from this year’s January highs, according to data provider Dune Analytics. And many formerly high-flying JPEGs now fetch a pittance compared with their peak prices.
“We may be too poor to transact much in real life, but we still have the spirit for NFTs,” Krogsgard said.
There are, however, 36% more NFT traders now than there were a year ago, according to a report by DappRadar. “NFT volumes are way down across the board, but interest is still high,” Krogsgard said. “We're still super excited about the future of NFTs.”
Flip, launched amid the NFT winter in April 2022 by Krogsgard and co-founders Sam Hotchkiss and Jennifer Jacobs, helps customers navigate the actual – not fantasy – NFT market, enabling trading on multiple marketplaces and providing portfolio and wallet tracking.
CORRECTION (Sept. 30, 2022 21:40 UTC) – Corrects Sam Hotchkiss' first name.
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Bilinmesi gerekenler:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
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- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
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