Fanchain – ICO review and details (CryptoCreed)
Sportscastr developed a project called fanchain to use on their platform. Fanchain features include digital goods, tips, subscriptions and pay-per-view (PPV) and an enterprise-grade SDK. This features added because of the current problems faced by consumers and producers in a market. The content created by producers are great and reachable but what they should get in from their content is not getting by them. Sports and social networks contents are high in demand but still it is profitable for producers. Fans have an equal place to get rewarded.
By using Fanchains frameworks users will be rewarded with a token which can be used on online sports ecosystem, where they want to contribute and a feedback loop. Fanchains Mints powered by a Dapp which allows third party entities to distribute Fanchain tokens.
Reward for supporting their favourite teams: By sharing news, alert, commentary and joining in social conversation of their favourite teams Fans can earn FanChain tokens. These tokens are convertible into rewards, goods or access the contents from leagues or media platforms.
Engage Leagues and Teams in new ways: Teams and leagues rewards to most engaged fans in Fanchain tokens and can accept tokens for merchandise.
Media and sports platform increase Fan engagement: Social networks, OTT platforms, Online publishers can distribute Fanchain tokens to their followers or FAN for following them on social medias.
Ways to use FANZ (Fanchain token)
Tickets: Users can purchase game tickets from leagues, teams and from ticket vendors.
Merchandise: Use FANZ to do online shpping or on sprts merchandize on FanPrizes.com
Access: Use FANZ to watch premium content on sportscastr and OTT platforms.
Tipping: Give tip to your favourite broadcasters and athletes on sportscastr
Betting: Users can use FANZ tokens on betting platform of Fanchain, it is the part of Fanchains ecosystem.
Fantasy: Access all types of fantasy streams on sportscastr and join Users can use FANZ tokens on betting platform of Fanchain, it is the part of Fanchains ecosystem.
Fantasy: Access all types of fantasy streams on sportscastr and join our favourite team.
Fanchains product or utility of tokens
Fanwallet: FAN tokens is based on Ethereum ERC20 blockchain. It is easily usable to send and receive on all standard Ethereum wallet like MyEtherwallet. But Fanchains special feature team stamps will not visible in those wallets. That’s why Fanchain developed wallet for web, android and iOS devices.
FanExchange:Users can exchange or buy and sell stamped tokens of specific team with another team;s tokens.
FanPay: Fanchain payment gateway allows apps, stores and other entities to accept Fanchain tokens as payment.
FanPrizes: Fanprizes.com allows users to collect or buy all types of rewards and prizes with their FAN token.
Token and ICO details
Ticker: FANZ
Token Price: 0.025 USD
Total token supply: 600MM