My11Circle clone

It's crucial to fully comprehend the DreamFantasy11 app's business model if you want to create a sports streaming app. The initial price each user must pay to enter a tournament is Dream11's primary source of money, even though the platform is effectively freemium.

This entrance price is typically between 30 and 60 yen ($0.4 and 0.8). Users find a low entrance barrier that guarantees a 50% chance of winning to seem incredibly attractive. Hence most users succumb to it. Users who win the minor or grand leagues also take 20% of the overall award as a fee. For all competitions within the sports league app , this commission is set. Although the fee has been set somewhat lower by rivals like MyTeam11 and Halaplay, it is still a broadly consistent source of income.

Cash rewards are awarded after a contest, and the winners are declared using the funds collected from the combined entry fees of all participants. However, Dream11 never keeps the entire pool's funds for itself; instead, they always keep 15% of it as a "platform charge." This also proves to be a reliable source of income. Therefore, the cost of creating a cricket league app is simple to break even through all of these sources and the potential for new creative revenue channels.