RL
Riaz Lalani is the founder of Gambit, a fantasy sports platform built on blockchain technology. The platform enables users to invest in up-and-coming athletes and capitalize on their growth through play-to-own mechanics integrated with the $GMBT token.
1Interview
2022First on the show
Aug 2022Latest appearance
18 minOn camera
18:21
Latest interview · Aug 2, 2022Riaz Lalani on Gambit's fantasy sports play-to-own platformWatch the episode →
In their own words
“By using fungible tokens you can buy fractions of your favorite athlete and so if I wanted to buy Messi because he's my favorite soccer football star I can buy Messi or half a token of Messi or 10 tokens of Messi.”
Key points from the latest interview
- Gambit uses fungible tokens instead of NFTs to allow fractional ownership of athlete tokens, making the platform more accessible than competitors like Sorare.
- The platform combines a play-to-earn model with long-term ownership, enabling players to hold undervalued athlete tokens while also competing in daily contests.
- Gambit prioritizes consumer-grade UX and offers a free-to-play tier to onboard both sports fans and crypto newcomers at their own pace.
- The athlete tokens are currently in-game constructs, with plans to progressively move them on-chain alongside gaming logic and contest settlement.
- Lalani's experience at Zynga and The Score informed Gambit's approach to retention, addressing the challenge of seasonal sports fan engagement.