On stage this morning at the Disrupt SF 2014 hackathon, Fantasy Bit League pitched its creation: A way to wager bitcoin in your fantasy football league.
As it turns out, betting on fantasy football is legal in every state in the U.S. Apparently it’s considered a game of skill, and not chance. Think of it as more like poker than blackjack, if you will.
The guys behind Fantasy Bit League are firm bitcoin believers, calling the cryptocurrency the “international currency.” The interface is still a bit rough, but given that they built the idea in a hackathon, that’s forgivable.
I took the Fantasy Bit League guys back stage for a quick chat, digging into why they built what they did and what’s next for their project: