sport.fun (FUN) token sale details

Last updated: More than 3 months ago

Kraken is announcing support for the sport.fun (FUN) token sale via Kraken Launch.

sport.fun is an onchain fantasy sports platform built on Base, where users can own, trade, and compete with digital athletes whose value reflects real-world performance and market demand. The FUN token powers the sport.fun ecosystem, including competitions, rewards, and governance.

Below is key information to help you get started.

  • Sale model: Kraken Launch (pledge-based, merit-based allocation)
  • Pledge window opens: December 16, 2025 at 13:00 UTC
  • Pledge window duration: 24–48 hours
  • Sale ends: December 18, 2025 at 13:00 UTC
  • Price per token: $0.06 USD (fixed)
  • Minimum pledge: $10 USD equivalent
  • Maximum pledge: $25,000 USD equivalent per client
  • Total supply: 1,000,000,000 FUN
  • Chain: Base
  • Unlock schedule:
    • 50% unlocked at Token Generation Event (TGE)
    • 50% unlocked monthly over 6 months
  • Fee: 0.5% participation fee on allocated amount
    • Kraken+ subscribers participate fee-free
  • Restrictions: Not available to clients in certain jurisdictions (see below)

Frequently asked questions

sport.fun is an onchain fantasy sports platform built on Base. Users own, trade, and compete with digital athlete NFTs whose value reflects real-world performance and market demand.

The FUN token powers the sport.fun ecosystem, including competitions, rewards, and governance.

A token sale provides early access before open-market trading begins.

Instead of buying instantly at launch, clients submit a pledge during the sale window. After the window closes, all pledges are reviewed and allocations are determined using Kraken Launch’s merit-based allocation system.

With a normal listing, tokens are only available once open trading has begun.

Kraken Launch does not use a first-come, first-served model.

Each sale follows a pledge-based process:

  1. 1

    You submit a pledge during the sale window.

  2. 2

    After the window closes, pledges are evaluated.

  3. 3

    If selected, all or part of your pledge converts into a purchase.

  4. 4

    If not selected, pledged assets are automatically unlocked.

Sales do not end early, even if demand exceeds supply.

Merit-based allocation is designed to reward genuine, long-term participation rather than speed or pledge size.

Factors that may improve allocation chances include:

  • •

    Kraken+ subscription status

  • •

    Account age

  • •

    Trading and custody activity

  • •

    FOMO Multiplier (boost if not selected in previous sales)

  • •

    HODLer bonuses (holding tokens from previous Kraken Launch sales)

Factors that do not affect allocation:

  • •

    How early you pledge

  • •

    The size of your pledge

  • •

    Your overall portfolio balance

After the pledge window closes, allocations are determined in two rounds:

Preferential Round (~80%)

Higher-scoring clients receive allocation first. Participants receive a minimum allocation and may receive additional amounts depending on demand.

Prize Draw Round (~20%)

Remaining eligible pledges may receive allocation through random selection, giving all participants a chance even without a high merit score.

In highly oversubscribed sales, the Prize Draw portion may be reduced.

 

Supported pledge assets are shown on the sale page.


For this sale, supported assets include:

  • •

    USDC

  • •

    USDT

  • •

    USDG

  • •

    Minimum pledge: $10 USD equivalent

  • •

    Maximum pledge: $25,000 USD equivalent

Because allocation is merit-based, your final purchase amount may be:

 

  • •

    Your full pledged amount

  • •

    A partial allocation

  • •

    The minimum allocation (Preferential Round)

  • •

    No allocation (Prize Draw Round)

Any unused pledge amount is automatically unlocked after results are announced.

Yes. You must have at verified Kraken account. Businesses require a verified Business account.

Yes. A 0.5% participation fee applies to the final allocated amount, not the full pledge.

Kraken+ subscribers can participate fee-free.

If allocated, FUN tokens will appear in your Kraken balance after settlement.

Tokens can only be traded, converted, or withdrawn once open trading begins on Kraken. A separate announcement will be made when trading is enabled.

Yes.
For this sale:

  • •

    50% of tokens unlock at the Token Generation Event (TGE)

  • •

    50% vest monthly over 6 months

Oversubscription affects allocation, not the sale timeline.

All pledges submitted during the sale window remain valid regardless of when they are submitted.

The FUN token sale is not available to clients located in:

Canada, Australia, United Kingdom, Japan, Russia, Belarus, China, Ukraine, Indonesia, Vietnam, Moldova.

Availability is subject to change and depends on jurisdiction.

Useful links

Right to Withdraw: If you are a retail client, resident in the UK or the EEA, you have the right to withdraw from participation in any Kraken Launch early token sale without incurring any fees or costs. The right to withdraw begins on the date you submit your order and expires 14 days after that date or, if earlier, the end of the sale window. For more information please see Kraken Launch Terms at www.kraken.com/legal. To exercise your right to withdraw, please contact us via Kraken Support.

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