Dream11, My11Circle, MyTeam11, and others are top fantasy sports apps in the current scenario. In this blog, we will discuss how dream11 works, and how to develop an app like Dream11.
- What is Dream11?
- How Dream11 App Works?
- Business Model of Fantasy Sports App Like Dream11
- Key Features of an App like Dream11
- How to develop an app like Dream11?
- How much does it cost to develop an app like Dream11?
- How much time does it take to develop an app like Dream11?
- Dream11 Has Raised $400M Ahead of IPL 2021
- Why Capermint is the best for Dream11 app development?
- Takeaway
What is Dream11?
Dream11 is a fantasy sports game based on the knowledge and prediction skills of the players. Players have to create a virtual team for the upcoming games and points are gained based on the real performance of the players on that day.
It makes the cricket match more excited for the players. But, Dream11 is not limited to cricket only, it has other sports too, like the NBA, hockey, football, and kabaddi.
Develop an app like dream11 is also booming in the market due to the craze of playing fantasy sports. Dream11 came into existence because of two people, namely Mr. Harsh Jain and Mr. Bhavit Sheth. They came up with an idea for a fan base platform where users can use their knowledge and skills to biome the winner.
Now, Dream11 has partnered with various organizations like BCCI, ICC, VIVO IPL, Pro Kabaddi League, International Hockey Federation, NBA, etc.
About Dream11 Sports
- Dream11 Developer & Founder: Harsh Jain, Bhavit Sheth
- CEO: Harsh Jain
- Founding Year: 2008
- Headquarter: Mumbai, India
- Other Brands: Dream11, FanCode, DreamX, DreamSetGo, and DreamPay
- Valuation: $2.5 billion
- Last Funding: $225 million
How Dream11 App Works?
Fantasy sports game is all about how much you know about the sport and the players. As a result, it tests your skills on how much you can predict the performance of the player. You have to create the ultimate team to win the game.
Step By Step Guide
1. Select a match
After the player downloads the app, they have to log in using the OTP verification. After this, a window opens which has a list of all the upcoming and ongoing matches. The player has to select a match to proceed.
2. Form a Team
In this step, the player is required to create a team of 11 players. They get a total of 100 credits to form a team.
The player has to choose players from these four categories.
- Wicketkeeper (1)
- Batsmen (3-5)
- Bowlers (3-5)
- All-rounders (1-3)
As the player clicks on the name of the player, detailed information about the statistics of the player will open that the users can use to help them in selecting the players in the team.
3. Choose Captain and Vice-Captain
As the player has created the team, now they have to choose the captain and the vice-captain for their team. This is a very important step as this can have a heavy impact on their final score.
- Captain: The user will get 2x points for the captain.
- Vice-Captain: The user will get 1.5x points for the vice-captain.
4. Form multiple teams
A player can create a maximum of six teams, but they can play the game with only one team.
5. Team Management
A player can modify the team until the deadline of the match. There can be no changes or modifications in the team once the deadline for the game is reached.
Business Model of Fantasy Sports App Like Dream11
Cricket has a huge craze throughout the world, and when you can add a money-earning feature to the game, it can be considered pure gold.
Although Dream11 has tried using ads as a monetization strategy, they soon understand that the best experience is a smooth, fast, and ad-free one, and thus, they shifted to the commission strategy.
To join the game, players have to pay a small entry fee.
20% of the entry fee that is collected is charged by the company and the remaining is distributed among the players. For example, 10,000 Rs were collected, then 2,000 Rs will be the earning of the company and the rest 8,000 Rs will be distributed to the winners.
Key Features of an App like Dream11
An app is defined by its features. Features are the main thing that helps an app stand out from the competition.
Here’s a list of key features of the Dream11 app
— For Registered User
- Login/Signup
- View player stats
- Profile setting
- My Winnings/ My offers
- Create/join leagues and tournament
- Select tours (upcoming tournaments/leagues)
- Create a team page as per skills/ positions/ formats/points
— For Web admin
- Admin Login
- Manage results and points
- Payment/ Transaction Management
- Fantasy points Management
- Notification and request management
- Manage leagues, player and player assignment
- View and manage lists of users, payments, the transaction with a history
— Add on features for registered user
- Live group chat
- Social media sharing
- Live commentary feed
- Photo gallery of live games
- Live video streaming of games
- Payment mode for subscription
— Other add-on features for Web admin
- Dashboard analytics
- Other sports integration
- Newsfeed for activities by active users
- ESPN API integration for player statistics
- Leaderboard (Player / Team /User based on income)
- Coupons, Offer management, manage static HTML Pages, and blogs.
How to develop an app like Dream11?
Developing an app is one thing and ranking an app is another. You want to have the perfect app that can stand out from the competition and therefore you have to hire some professionals for this task.
Technologies require to develop an app like Dream11
- Kotlin for Android App Development
- Swift for iOS App Development
- Node.js for Back-end Development
- AWS or Azure for Cloud
- SQL or MongoDB or Cassandra for Database
- Azure Stream Analytics for Real-time analytics
- Google Cloud Messaging and Apple push notifications service for Notifications
- Socket.io for Chat
- Integrate Live Score API
- FIFS Certification or License (for creating an ethical gaming platform)
Backend team requirement for developing an app like Dream11
- Android Developer
- iOS Developer
- Back-end Developer
- Project Manager
- Business Analyst
- QA Engineer
- UI/UX Designer
OR
You can leave this work to the Dream11 app development company, and therefore you can get an app like Dream11 developed by skilled and experienced developers. This will take off the development work from your shoulders and therefore you can focus on other important things while your app is being developed by the best dream11 app development company.
How much does it cost to develop an app like Dream11?
Fantasy Cricket App like Dream11 game app development costs starts from $5000 to $10,000 for a single platform (Android or iOS) with basic functionality. If you wish to develop an app like Dream11 with all the advanced features and functionalities, with support to multiple platforms, it may cost higher based on functionalities.
The developing cost of an app like Dream11 also depends on the company that you choose.
Small company charges: $15 – $40 / hour
Intermediate company charges: $50 – $100 / hour
Enterprise-level company charges: $100 – $250 / hour
If you are looking for a mobile app and game development company to develop a fantasy sports app like Dream 11, you can contact us. We have solid technical Dream11 app developers who have developed various fantasy sports apps. To know more about our fantasy sports game development, check out our portfolio.
How much time does it take to develop an app like Dream11?
Develop an app like Dream11 would take time around 10 weeks. The development time can also increase up to 15 weeks depending on the features, level of customization, and the platform support.
Dream11 Has Raised $400M Ahead of IPL 2021
T20 & Indian Premier League (IPL) craze is increasing and touching new heights every year. It helps the fantasy cricket market to be booming almost 10x times from where it started. This boom has given birth to the increased demand for fantasy sports. As a result, it attracts various huge investors to invest in tech sports startups.
Dream11 raises the completion of a $400M secondary investment led by TCV, D1 Capital Partners, and Falcon Edge.
This is the first time that the Silicon Valley-based TCV (A company that has invested in tech giants like Netflix, Airbnb, Sportradar, and Peloton) invested in an Indian Startup. It shows the scope of sports-based Fantasy apps in India.
With the $400 million investment, Dream11 is ready for the IPL 2021. Are you and your fantasy cricket app ready for this IPL season?
Why Capermint is the best for Dream11 app development?
Capermint Technologies is among the leading Fantasy Sports App Development companies. Our experts are cricket enthusiasts and therefore they know what the audience wants and needs. Additionally, Our main focus is on innovation, and therefore every app/game that we develop has some cool features that can make them stand out in the competition.
Our team of dedicated developers makes sure that your Fantasy Sports App like Dream11 is developed on time and within the budget. We believe in developing an app that fulfills all your requirements, along with having such features and functionalities that the final product is way beyond your imagination. Our developers use the latest technology to develop the most advanced app that is user-friendly.
Contact Us for Dream11 App Development
Launch your own fully customized app like dream11 in this Indian Premier League (IPL) 2023 with our help. Take the advantage of millions of cricket fans and be a winner of this cricket season. We can able to deliver a fantasy sports app within 2 – 3 weeks.
Takeaway
The right time is always now!
If you will keep on thinking if you should prepare an app like Dream11 or not, then do remember that there are many out there who are developing an app like Dream11, and what they are thinking is about how to be the best fantasy sports app and on the other hand, you are just thinking about if you should take this step or not. Furthermore, The craze for cricket and the excitement of fantasy games with the money-earning feature is a sign that fantasy sports apps are on the boom and you should quickly take a step to grab this opportunity.
Facts about Fantasy Sports Apps & Other Fantasy Games
- Today there are over 200+ operators with 60 million users.
- Male sports fans in the USA play 65% of fantasy sports.
- Fantasy sports users by 2020-100 million, 30% online sports fans in India.
- In India the last two years from 2 million users in 2016 to 20 million in 2018.
- Engagement-wise, users spend 42 minutes a day on a fantasy sports app.
- 2 out of 3 or 67% of online sports fans in India are aware of fantasy sports.
- Ever played fantasy sports 96% of them have played it at least once in the past 1 year.
- Fantasy sports are very glutinous 90% of the users play at least once a month.
- With 20 million fantasy sports users, India rapidly catching up with Western countries. India is becoming the battlefield for fantasy sports operators.
- Also, 50% of players primarily use their mobile devices for fantasy sports.
- Dream11 is a Founding Member of FIFS (Federation of Indian Fantasy Sports)