Kraken and Legion collaborate to launch Football.Fun $FUN token: Listed on Kraken immediately after TGE.
TL;DR
Kraken and Legion jointly announced that they will launch the $FUN token sale for the Football.Fun (Sport.Fun) ecosystem on December 16, 2025 , using an innovative merit-based allocation mechanism (FUN Score). The token will be listed on the Kraken exchange approximately 48 hours after TGE, with no lock-up restrictions. The project has already achieved a cumulative trading volume of $90M and revenue of $10M, making it a top-tier consumer application on the Base chain and backed by Coinbase Ventures.
Core Analysis
Project Overview
Football.Fun (Sport.Fun) is an on-chain fantasy sports platform deployed on the Base chain, transforming athletes into tradable NFTs and driving liquidity events through matches. The project has expanded from football to multiple sports events, including the NBA, building an on-chain sports economy for fans and traders.
Key metrics (as of December 2025):
- Total trading volume : $90M
- Cumulative Income : $10M
- Average daily agreement fee : $7,800
- User base : 40,000+ Twitter followers
- Investor : Coinbase Ventures
- Positioning : Base Chain's top-tier consumer application (no need to rely on token incentives or points systems)
Token Sale Program
| Sales elements | Details |
|---|---|
| Sales Platform | Kraken Launch + Legion.cc |
| Sales begin | December 16, 2025 |
| Allocation mechanism | Merit-based, based on the FUN Score leaderboard |
| TGE time | Expected in early 2026 (specific date to be announced) |
| Launch time | TGE was listed on the Kraken exchange approximately 48 hours later. |
| Lock-up period | No lock-up period, full allocation after TGE. |
| KYC Requirements | Intermediate or Enterprise Professional Level |
| Geographical restrictions | Residents of the United States, the United Kingdom, Canada, and Australia may be excluded* |
*Based on the restrictions of historical Kraken Launch cases (such as PUMP, YieldBasis), the specific restrictions are subject to the official announcement.
FUN Score Advantage Allocation
The FUN Score leaderboard will launch on December 10, 2025 , and will track user activity until January 2026 to determine token sale allocations and airdrop eligibility.
Scoring factors :
- Account Age
- Trading volume
- Card Pack Purchase
- Payment
- Active lineup status
- Receive rewards
- Recommended Contribution
Current rankings (as of December 10, 2025):
- Top 100 users: >22,000 points
- Top 1,000 users: >700 points
- Top 5,000 users: >56 points
Allocation logic :
- Kraken Launch: Using Exchange Internal Metrics
- Legion.cc: Based on Legion Score and additional factors
- Penalty mechanism: Deduct points from accounts that excessively extract value.
State of Token Economics
Announced :
- Distribution method: Public sale (based on merit) + planned airdrop
- Airdrop criteria: Fun Score, roster value, and long-term participation.
To be announced (as of December 12, 2025, UTC):
- Total supply
- Token allocation ratio
- Unlock Schedule
- Publicly available sales price
- Fully diluted valuation (FDV)
Community sentiment analysis
Positive Narrative
Revenue-driven model : The community emphasizes that Football.Fun achieves growth through transaction fees and genuine speculative demand, rather than relying on token releases or points incentives, and is regarded as a benchmark for consumer applications on the Base chain.
Sports Economy Vision : The project is positioned as a "democratization attempt to bring the value of sports to fans," and the merit-based allocation system is seen as an innovation compared to the first-come, first-served model.
Key opinion leader perspectives :
| KOL | Opinion | Analytical quality |
|---|---|---|
| Route2FI | We are optimistic about the project's development momentum, revenue model, and expansion potential, and believe there is room for growth after the ICO. | Fundamental guidance |
| Stacy Muur | Focusing on agreement revenue rather than TVL, believing that repeat user behavior and a closed-loop economic model are key to success, and planning to closely monitor fundraising. | In-depth analysis |
| Patrice Evra | As an investor and ambassador, I am excited about disrupting the fantasy sports landscape and connecting with global events such as the World Cup. | Brand endorsement |
Point of contention : Some users chose to leave due to dissatisfaction with the team's handling of feedback, but this did not become a mainstream criticism.
Risk Warning
As of December 12, 2025 UTC, no high-engagement risk warnings, fraud allegations, or major concerns discussions were found .
Project Differentiation Explanation
Important Note : This time, Kraken-Legion is launching a new $FUN token for Football.Fun (Sport.Fun) , which is completely different from the FUNToken launched in 2017 (ERC-20, contract address 0x419d0d8bdd9af5e606ae2232ed285aff190e711b).
| Comparison Dimensions | New $FUN (Football.Fun) | OldFUNToken |
|---|---|---|
| Release time | 2025 (Pre-sale in progress) | 2017 ICO |
| Blockchain | Base L2 | Ethereum |
| Application scenarios | Fantasy Sports, Prediction Markets | GameFi/iGaming Payment |
| Market capitalization | TGE | $22M (#709) |
| Circulation status | Not yet online | 96% in circulation |
| Major exchanges | Kraken after TGE | Binance, Hyperliquid, etc. |
in conclusion
The Football.Fun $FUN token, launched in partnership with Kraken and Legion, represents an innovative experiment in on-chain sports economics, prioritizing rewards for genuinely participating users through a merit-based distribution mechanism. The project's proven revenue model ($10M) and trading volume ($90M) demonstrate product-market fit, while the support of Coinbase Ventures and Kraken's immediate listing commitment provide liquidity assurance.
Key Nodes :
- Sales will begin on December 16, 2025.
- TGE and Kraken will be launched in early 2026.
- Continuously track FUN Score points to optimize credit allocation.
Key elements to be clarified : Details of the token economics (supply, FDV, unlocking plan) have not yet been released. Investors should continue to pay attention to official announcements to assess the reasonableness of the valuation and the risks of unlocking.