How much does it cost of developing an app like MPL?
The fantasy
sports market is worth almost $100 billion in India and Companies like
Dream11 and MPL is one of the biggest on-demand fantasy sports mobileapplication in India. The MPL company was launched in September 2018 and
less than 2 years of company is worth more than $10 million. MPL and other
fantasy companies believe in a simple motto “Sports is not only a game, but it
is also a way to bring people together” and they are continuously earning
profit using this meanwhile in return they are giving its users a chance to be
part of their favorite sports teams, and earn some extra money. So, if you too
are wondering about the cost of developing an app like MPL then, Welcome, today
we are going to share the cost of developing an app like MPL. So, you too can
join this multi-billion-dollar market and earn the profit.
Are you too
being worried if fantasy sport is legal or not since it sounds a lot like
betting on the match?
Supreme court
has already dismissed many claims against fantasy sports applications because
Fantasy sports does seem like betting, but it is more like a game of skill
where real-time data is used to declare the winner. If you want to know about
rules and regulations, then please click here to find out
about the details.
How does MPL
application work:
The user
creates their account.
They take part
in an ongoing game.
Create their
team by choosing players from both teams.
Depending upon
the performance of the team’s players they win points.
Participants
with the highest number of points will get a part of the winning prize.
Application
features:
User Panel:
Sign up or
sign in: Users can use
this option to register or sign up on their website/ application. Once the
registration process is done, they can sign-in to the mobile application.
Home screen: Once the user
is login into the application, they will lend on the home screen of the
application. They will be able to access every function of the user panel from
this Dashboard.
Selecting
tournaments: Users can select
which tournament they want to take parts is based on the entry fee.
Selecting
team: Users can
select the players in their teams from both playing teams.
Payment
gateway: User needs to
submit entry fee before taking part in any tournament as well as they need to
withdrawal their winning amount, the payment gateway will do both tasks.
Settings: Users can
access general settings like languages, help, contact customer care, etc.
Referral
program: Referral
programs are necessary for the growth of application hence your application
also should have one. Users can refer to their friends and family using this
feature.
Admin panel:
Dashboard: Admin can
check ongoing events and access other features of the application directly from
here.
User manager: Admin can add,
delete, edit, block any user from here.
Manage
matches: Admin can
start new matches, edit, deactivate on-going ones.
Earnings: Admin can
check the earning of each user from here.
Payment
method: Admin can use
this method to make any payment.
Manage
rewards: Admin can
manage the rewards of each user from here.
Reports
management: Admin can
manage and generate reports from here such as contest reports, contestant
reports, match report, Earning Report, player Ranking reports
Withdrawal
request management:
Admin can
manage all the withdrawal request from users and grant users their winning
prize. Admin will also be authorized to accept or decline any payment requested
by the user.
Additional
features:
Live Match
Score: Users will be
able to watch live scores directly from their mobile application in addition to
that they will be able to watch highlights and expert analysis.
Live Score API
Integration: By using Live
score API integration developers can easily add live score features into the
mobile application that saves a lot of time.
CRM
integration: CRM
integration allows admin to interact with users by push notification, managing
game tickets, knowing the user’s location and send emails.
Push
Notification: This can be used
for so many purposes like sending notifications in real-time, letting the user
know that match is about to start and their contest results. Push notification
is a great way to keep the user interacting with the application.
Real-time
Analytics: Real-time
Analytics is helpful while capturing real-time data.
GPS Location
Tracking: This can be
used to check the user’s location and using that information to send them to
push notification about any nearby match that is on-going or shortly schedule.
Custom Mail
Reminder System: Custom mail
reminder system same as push notification but rather than sending notification
on their mobile screen this system sends them information via mail.
Payment System: The payment
system is like a gateway to sending and accepting payment. This can be done by
using different payment gateway’s API like online banking, wallet, Debit/credit
card, PayPal, etc.
Final cost: Now that you
have read about all the required features the final cost of developing an
on-demand fantasy application will be $10,000 with basic functionality. In case
of adding any new feature to make your on-demand application stand out might
change the price.
Also
developing an on-demand mobile application for different platforms like android
and IOS will cost more.
Conclusion:
Now, since we
have given you all the answers to the cost of developing an on-demandfantasy application. Are you still wondering how can you get your mobile
application to develop?
We have got
you covered with this too. Here at Tech Pathway, we have a team of developers,
those are experienced in developing fantasy mobile application. We are ready to
help you by developing your mobile application providing you technical
support along your way to success.
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