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vishakha Jangir
ย โขย
Set2Scoreย โขย 11m
๐๐ผ๐ ๐ฎ๐ฟ๐ฒ ๐ด๐ฎ๐บ๐ถ๐ป๐ด ๐ฐ๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐น๐ถ๐ธ๐ฒ ๐๐ฟ๐ฒ๐ฎ๐บ๐ญ๐ญ ๐ฒ๐ฎ๐ฟ๐ป๐ถ๐ป๐ด ๐ฐ๐ฟ๐ผ๐ฟ๐ฒ๐ ๐๐ต๐ถ๐น๐ฒ ๐๐ต๐ฒ ๐บ๐ถ๐ฑ๐ฑ๐น๐ฒ ๐ฐ๐น๐ฎ๐๐ ๐ถ๐ ๐น๐ผ๐๐ถ๐ป๐ด ๐น๐ฎ๐ธ๐ต๐? Is it really a business/startup? I would name it in simple terms. it's a scam :( ---- Use of constant notifications, big win advertisements, and influencer marketing triggers FOMO (Fear of Missing Out). Gamification elements (points, leaderboards) mimic addiction mechanics seen in gambling. Users can enter games for as little as โน10โโน50, making it seem affordable initially, but frequent playing adds up. Ads showcase success stories of users winning lakhs/crores, creating unrealistic expectations. Most users lose money, but winners are highlighted to attract more participants. In WhatsApp groups or friend circles, discussions around fantasy sports push others to participate and "not miss out". When users lose continuously, they may turn to credit cards, payday loans, or borrow from friends/family to "recover losses". Fantasy platforms often operate in a legal grey area, with minimal restrictions or user protection against addiction/loss. Loss of money causes frustration or denial, which fuels more irrational gameplay and further losses. For companies, these platforms are highly profitable. They earn via platform fees, ad revenue, and partnerships with brands and sports leagues. Some state governments legalize and tax fantasy sports, generating significant GST and corporate tax revenue. For the average user, fantasy platforms are mostly loss-making. Only a small fraction of users win significant amounts. It promotes gambling culture under the label of โskill gamingโ, risking financial and mental healthโespecially among youth and middle-class families. While fruitful for companies and governments, these platforms often lead to harm for individuals not financially or emotionally prepared to deal with the risks. Follow me vishakha Jangir to get more deeper insights of business/entrepreneurship.
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