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 ScoreUsers 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 IntegrationBy using Live score API integration developers can easily add live score features into the mobile application that saves a lot of time.

CRM integrationCRM integration allows admin to interact with users by push notification, managing game tickets, knowing the user’s location and send emails.

Push NotificationThis 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 AnalyticsReal-time Analytics is helpful while capturing real-time data. 

GPS Location TrackingThis 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 SystemCustom mail reminder system same as push notification but rather than sending notification on their mobile screen this system sends them information via mail. 

Payment SystemThe 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.   



Comments

Popular posts from this blog

Medical Website Design And Development and current Trends

How to develop an On-Demand E-learning app like Vedantu

A complete guide to build an on-demand appointment app for patients and doctors