SportsCastr-Backed FanChain- Cryptocurrency for Global Sport

gunawan82 (-1)(1)in #bitcoin • 6 years ago

Video Streaming is a communication made through broadcast internet access to produce images, streaming video is nothing new to us, since the advent of 3G (Generation Three) on mobile video streaming phones like mushroom sprouts everywhere, down to the World. Actually the use of streaming video has long been done, maybe we have forgotten the use of Yahoo Messenger, Skype, youtube or the like, which we have done before 3G mushroomed, around 2008.

The live streaming platform SportsCastr today announced the launch of the FanChain token launch, a cryptocurrency developed for the multi-billion-dollar sports industry. FanChain's figures are moving the decentralized sports entertainment ecosystem to align the interests of fans, athletes, teams, leagues, and media entities. The project is supported by NBA Commissioners, Emeritus David Stern, Tight NFL Final Vernon Davis, Syracuse Jim Boeheim Men's Basketball Coach, NBA All-Star Steve Smith and more. FanChain SportsCastr token will be available to original contributors through personal token sales starting June 30, 2018, in QRYPTOS

Fans rely on social media for authentic reactions during sporting events, and market research shows that younger demographers prefer receiving direct comments from other fans than traditional broadcasts. The cable broadcast market has been undergoing a massive shift as indigenous people are increasingly relying on YouTube, Facebook, Twitter and Amazon to watch live sports.

The shift towards this first digital distribution platform allows commentary from fans to be integrated directly into the direct stream of sports through SportsCastr, opening the door for incentives and cryptocurrency-based solutions.

HOW MUCH SPORTSCASTR?
The SportsCastr website and the mobile app are completely free. Enjoy!

BENEFITS IN CAN

FASTEST LIVE-VIDEO PLATFORM
Stream HD-quality video ... instantly, with one click. Thanks to adaptive bit-rate technology, the video quality will automatically adjust based on your mobile or wi-fi connection speed. What's more, the ultra-fast delivery from SportsCastr makes it the lowest-latency live-video platform out there *, resulting in an ideal second-screen experience while watching games at home or from the bench.

DIRECT SCORES, NO STUDIO IS REQUIRED
Now it's your turn to be a color commentator. Start streaming about the game being played, and SportsCastr will make you look like you're on a big screen, complete with a graphics scoreboard and a play-by-play update ... all in real time, and updated faster than what's shown on the cable. SportsCastr offers real-time game scoreboards from NFL, NBA, NHL, MLB, CFB, CBB, and even EPL and WNBA.

LIKE LIKE PRO
You no longer have to be in the studio to look like a professional. From automatically generated on-screen graphics, to dynamic end times, SportsCastr will make it look like you're on TV, no matter where you are. Even better, all elements in SportsCastr can be clicked and interactive, allowing viewers to engage with you and your broadcast in unprecedented ways.

ANY DEVICE, ANYWHERE
With native iPhone apps and a fully responsive web interface, SportsCastr is always within reach ... literally. SportsCastr is the only live-video platform that allows viewers to watch live-streams on any mobile device, without the need for an app. When you're ready to stream, just download the app or run it directly on your laptop or desktop computer.

MAKE YOUR OWN LINE CODE
Find a broadcaster from around the world, and follow your favorite personality so you never miss an update. When your favorite is served, SportsCastr will instantly send you a notification that lets you watch with one swipe. Can not watch live stream? Visit channel announcers anytime to pursue an action.

EXPERIENCE THE GAME TOGETHER
Sports are more fun when they socialize. Connect with other viewers who are watching and chatting directly with the broadcaster. Regardless of where you are, you no longer have to be in the same room to enjoy the game with fans like you.

PROBLEM
The problem with shifting from fans as passive consumers to active content manufacturers is that fans are not interested in teams (and for other fans). Although sports leagues secure record distribution transactions high and social networks generate billions of revenue from fans of user generated content has not been taken into account in the equation.

FANCHAIN SOLUTIONS
FanChain provides a framework in which sports are rewarded with the tokens they contribute, and creates feedback loops that incentivize the community to contribute to the social conversations they rely on for an optimal sporting experience. FanChain introduces the concept of "Mints," which is supported by DApp and which enables third-party entities to distribute FanChain tokens stamped with specific sports, league, or event teams

All users of the SportsCastr platform will be faced with an easy-to-use and very secure FanWallet interface. The wallet will allow users to send and receive FanChain tokens, convert FanChain token to Tix, and track their in-app earnings and purchases. Phase I of the digital goods economy of SportsCastr will enable viewers to reward announcers with digital tips in the form of emoji stickers and branded sports. Fans can use this digital item to tip their favorite users across the broadcast, getting a reply in return. Viewers who send the largest value of digital goods to fans' ratings boards to the broadcasters, gained fame and gained attention for their own stream (which is currently approaching $ 6 million per quarter in digital gift purchases, starting Q2 2017.10)

How is Token Fancain different?

The FanChain Token is based on the ERC20 standard, but adopts the ERC721 style feature when distributed or received from the FanChain ecosystem (including a wallet that adds support for DApp).

Like the concept of "color coins", FanChain tokens are symbolic combinations that can be converted into non-changeable tokens. Although the FanChain tag is fully compatible with ERC20, this tag can store additional address information when applied to the ERC20 specification. This additional metadata contains details about team balances, leagues, or event symbols.

The FanChain view is not compatible with the ERC20 monitoring management transfer portfolio or is concerned about additional metadata ("mark"), but additional data stamp can be displayed on any system associated with FanChain rituals for each symbol (for example, data for teams or leagues).

Unlike token levels, as in the case of ERC721, the ability to store metadata printed at the address level increases. This includes:

Severability: Unlike ERC721 characters, FanChain tokens are removed to allow fine particle and smooth motion. FanChain Tokens can be sent and stored as symbol fractions as well as all symbols.

Low Gas Price: Transfer between addresses requires transaction transactions but can be done with simple and inexpensive group operations (even if a particular event, league or character team is transferred). Using DApp FanChain significantly reduces gas consumption. As a result, transactions consume slightly more gas than large ERC20 operations (especially when compared to ERC721).

SUMMARY TOKEN

TOKEN NAME: FanChain
TICKER: FANCY
TOKEN TYPE: ERC20 with ERC721-style characteristics
PAYMENT RECEIVED: ETH
MAXIMUM TOKEN SOLD IN ICO: 330MM
MAXIMUM TOKENS MINTED: 600MM
TOKEN DISTRIBUTION: TBD
DECIMAL: 4
TOKEN LOCK-UP DATE: TBD

TOKEN ALLOCATION & DISTRIBUTION

MAXIMUM TOKEN SOLD TO PUBLIC: 330 MM (Including personal and pre-sales)
CGP: 60MM Distributed Over 3 Years
PIP: 60MM Distributed Over 3 Years
BOUNTI: 18MM Distributed Over 3 Years
BACKUP COMPANY: 120MM (Including founders, teams, advisors, and future employees)
BUFFER: 12MM