What is First Round Exchange?
First Round Exchange (FRX) is a sports media company developing interactive game experiences, where fans apply knowledge and skill to compete with friends and other fans. Through a novel stock-exchange style game format, players create fantasy portfolios of athlete “draft stocks” by trading with $12 million in fantasy salary-cap dollars. Athlete stocks trade on anticipated salary-cap values correlating with the actual draft order of the professional sports draft.
What is Play the Draft?
Play the Draft is a stock exchange-style fantasy game for the football draft season. You:
- Create a portfolio,
- Use a set amount to “buy” draft stocks, and
- Cash out based on where they're drafted on April 25-26.
The highest value portfolio wins!
How do I play?
There are three ways to play the FRX-Football Play the Draft® game:
- In the FREE global competition, the Mel Kiper, Jr. Challenge;
- In a private league with your friends – keep your existing fantasy football league together to Play the Draft or start a new league with friends and work colleagues; and
- In a sponsored promotional league, called a Draft Party.
Once you sign up and create a new account, 12,000 ($12 million in fantasy salary-cap dollars) will be available for trading in your personal fund. At that point, it’s up to you how you want to create pseudo-financial value in your fund by optimizing trades—buy low and sell high.
- If you want to buy athlete stocks projected to be selected high in the first round… go for it!
- If you want to identify the hidden values of underappreciated athletes who might just be selected in the second or third rounds… go for it!
- A portfolio of athlete stocks from only one position, one school, or one conference… go for it!
The possibilities are fun to consider and limitless. When the fantasy draft stocks are liquidated during the actual draft, the value of your fund will change, and the highest ending fund value wins each competition!
Can I play the game for free?
Yes. The FRX Global League Competition is free to play. Sign up and spread the word to your friends to check out the novel experience. Furthermore, several of the FRX partners listed on the Analysts Page will be hosting their own private league competitions, inviting their readers to play for free on a first come, first served basis.
Is There a Limit To The Number of Teams/Funds I Can Create?
No. If you are super avid fan, you may consider creating multiple teams/funds to experiment with different game strategies. You might be invited to play in multiple private leagues, motivated to join a Draft Party, or want to increase your chances of performing well in the FRX Global League by entering multiple funds. Your “Overview” page will show all of the teams/funds you are currently managing along with their current values and rankings.
FRX limits participants to one team per league, but you can join multiple leagues and experiment with different game strategies. Your "Overview" page will show all of the teams/funds you are currently managing along with their current values and rankings.
I’m a League Commissioner; Can I Register My Existing League to Play the Draft?
Absolutely. We encourage you to “keep your league together” to compete in the Play the Draft® game!
Why Are There No Cash Prizes?
Play the Draft® is focused on providing a unique and memorable interactive game experience for football fans. The company’s belief is that cash prizes do not enhance the entertainment value of the fantasy game experience or attract players within our target market. Avid sports fans will participate because they are passionate about football, they have wisdom to share, and they enjoy competing with friends and other fans. Play the Draft® also provides a platform for avid fans to demonstrate their insights into the Draft and measure their knowledge by the final value of their funds.
Is FRX-Football a Fantasy Game or Is It Online Gambling?
First Round Exchange is a fantasy sports game. It is NOT online gambling. There are no cash prizes offered to winners, and there is no way to have a real financial gain or loss by trading fantasy athlete stocks within First Round Exchange. All transactions are fantasy transactions. The $12,000 in fantasy salary-cap dollars deposited into each player’s account at sign-up is worth exactly 12,000 in fantasy dollars and $0 in real currency. The outcomes of our online game experiences relate to the actual performance of multiple athletes in pre-draft workouts, interviews with prospective employers, personnel decisions by the professional sports teams and ultimately the actual placement of the athletes in the Draft. Any prizing offered to winning competitors in private leagues is experiential in nature.
How Can I Provide Feedback to Enhance The Game Experience?
First Round Exchange encourages feedback in order to improve on the alpha product launch of these draft-based stock market games. Please tell us what you like or don’t like about First Round Exchange, and we’ll make necessary modifications for future game versions. Please send your comments or suggestions to email@example.com, or contact us.
Must I Have a Facebook Account to Play FRX-Football?
No. But we understand much of the online community now lives on Facebook, so you can spread the word about FRX-Football through Facebook and visit our Facebook Page.