How much does it cost to develop an on-demand website like Paytmfirstgames.com

 


Fantasy Sports are on the rise and currently, due to the IPL and various football leagues, platforms have seen a huge rise. However, websites like Paytmfirstgames.com have taken Fantasy Sports to the next level by including board and card games like Ludo and rummy. The main reason behind the success of these Fantasy Sports websites is because they allow users to play games while at the same time allow them to earn money. Some of the players have already won prizes in lakhs of rupees and even in crore. Although while investing in the Fantasy Sports application and website people might think that there is no space for the competition since so many big players are already in the industry. However, according to the CEO of Myteam11.com, the Fantasy Sports market is so dynamic that users are always looking to try their luck on different platforms. This means there is so much space for new players to enter the market and make a profit. Are you someone who is looking to invest in a Fantasy Sports website like Paytmfirstgames.com and wondering about How much it costs to develop an on-demand website like Paytmfirstgames.com? Well in such a case, keep reading because today we are going to share with you key features of the Fantasy Sports website as well as it’s design and development cost deciding factors. Welcome to the Tech Pathway blog, today we are going to share with you How much it costs to develop an on-demand website like Paytmfirstgames.com. 

Also read:- A complete guide to an on-demand Sports Fantasy website and application

History and business model of Paytmfirstgames.com

The website Paytmfirstgames.com was first launched in 2018 as Gamepind  Entertainment Pvt Ltd. The website first was a joint venture between One97 Communication and AGTech, however, later One97 Communication took over the platform and renamed it. The platform offers a chance to win an unlimited cash prize to its users by playing games. 

At first, Paytmfirstgames.com raised about $20 million in October 2019 with the intention of entering into the eSports market as well as expansion. After that, Paytm started many tournament battles for a price of 4,00,000 rupees. The final round of the tournament was even live broadcast on their official Youtube channel which gained over 70,000 views. Soon after that, ESPL (eSports Player League) came into partnership with Paytmfirstgames.com to enter into the Indian eSports. 

Business model


Paytmfirstgames.com allows it’s players to play various games including Fantasy Sports, Rummy, Multiplayer, Trivia Quiz on its Fantasy Sports website. Players have won prizes in crores of rupees.  Their business model is the same as other Fantasy Sports applications where players have to submit an entry fee to enter into the tournament. The platform takes about 20% of the total entry fee and distributes the rest of the money among players. Depending upon how you or your team players performed you can win unlimited cash prizes. 

Also read:- How much does it cost to develop an on-demand app like BalleBaazi

How to play on Paytmfirstgames.com

  • Open the Sports Fantasy website on your browser.
  • Now register on the platform and sign in using your credentials. 
  • Once you have signed in onto the platform you can choose any of the available games on the platform. 
  • Once you have selected a game you want to participate in now it will be time to pay your entry fee.  The entry fee can be anywhere between 10 rs to 1000 rupees. 
  • Once every participant has submitted an entry fee. The game starts and players try to earn points to come at the top. 
  • In the case of Fantasy Sports, the more points you earn the more prize you will earn. However, in cases of Ludo, Rummy, and Trivia Quiz you will be rewarded accordingly as if you have won the game or not. If you win then you will get the whole prize amount. 
  • Paytmfirstgames.com allows its users to play and win unlimited games and prizes. 

Key features of Paytmfirstgames.com

User Panel

  • Registration: Users can register on the platform using this feature. 
  • Sign in: Once the registration process is complete they can sign in onto the platform from here. 
  • Dashboard: After sign in user’s land here on the Dashboard. The dashboard is like a homepage of the website which can be used to navigate throughout the whole platform. 
  • Choose a game: Users can choose a game that they want to play. There are so many games available on the platform so it will take a long time for you to get bored. 
  • Live score: In the case of live matches, you can watch the live score of the team that is playing. 
  • Indian T20 premier league: For people who are interested in playing IPL Fantasy Sports, users can click here and enter into Fantasy Sports matches. 
  • Create a team: Once the user has submitted the fee they can create their own team by selecting real-life players that are going to play in the tournament.
  • My contests details: By clicking on this option users can check their tournament details including how their players are performing, how much they have won, their points, etc. 
  • My profile: According to RBI guidelines, for any money related transaction users have to complete their KYC on the platform. Users can do that from here. 

Admin panel

  • Login: The login option will allow admin to log in on the platform using his/her credentials.
  • Dashboard: Dashboard is like a homepage that will be used to navigate throughout the whole admin panel. 
  • Games category management: Since Paytmfirstgames.com has so many categories of games admin can manage those games from here. Admin can also add or remove games from here. 
  • User management system: User management system will be used to add or remove users on the Fantasy Sports platform.
  • Match management system: Match management system will be used to add or remove different contests. 
  • Managing payment requests: All of the payment requests made by users will be completed by the admin using this feature. 
  • Earning Management: All of the earnings will be managed by the admin using this feature. 
  • Managing reward and Cashbacks points: All of the Cashbacks and rewards will be managed by the admin. He/she can do so from here. 

Additional features

  • Integration of APIs: To create the best on-demand Fantasy Sports platform you need different APIs that are needed to make the platform working.
  • Live match score: Latest and advanced APIs will be used to allow users to check the live score of matches as well as the performance of players from here. 
  • Real-time analytics: This feature will help admin with real-time analytics helps in constantly storing, recording, and updating data in real-time.
  • GPS location tracking: This will allow the application to know the location of the user. 
  • CRM integration: CRM integration is important to provide customer service to users.
  • Push notification: The push notification management system will allow admin to send push notifications to users. 

How much it cost to develop a Sports Fantasy App

The estimated cost of your fantasy app development and fantasy sports website development will be decided by the following factors:

  • The geographical location of the development company: Hiring a company from a country like the USA will cost you around $200 per hour whereas from a country like India developers will cost you only $40 to $50 per hour. 
  • The total number of features and panels: In order to estimate the cost of your website, the total number of required features and panels will affect the design and development cost. The more features you need the more you will have to pay. 
  • The complexity of UI & UX: Unless your platform has one of the best and simplest UI & UX, users will not want to return. Investing in a simple and compelling UI & UX will surely help you in the long run. 
  • The total number of supported platforms: In case you also want an on-demand Fantasy Sports application for your platform. Then depending upon the total number of platforms that you want your Fantasy sports app to support including Android, iOS, desktop, etc the estimated cost will increase.  

The estimated cost of your on-demand sports fantasy app and website like Paytmfirstgames.com will be anywhere between $10,000 to $100,000.

Also read:- How much does it cost to develop an on-demand sports fantasy website like My 11 circle.com

Looking for a company to hire

Now that you have completed how much it costs to develop an on-demand website like Paytmfirstgames.com. Are you looking for a development company to hire for your website design & development as well as for application development? Well in such a case, you can ‘Contact Us’ at Tech Pathway for all of your on-demand solutions as well as on-demand app development. With our past experience with Fantasy Sports websites and applications, we can help you develop the best platform with all the latest technologies and APIs. Our team of developers is ready with their skills & experience, to help you with Android app development and iOS app development while you focus on more important tasks of your business. 

Services that we provide



    

ṣ

 


Comments

Post a Comment