We all are a fan of our favourite sports/team/player. We, as a fan do our best to support our favourite team/player; we like, comment, create an interesting video/posts and share it on social media networks. The developments in the technology provided us the best ways to engage with our teams and with other fans. Fans are the biggest supporters and source of energy for every team, club and players.
Today most of the young generation prefer to listen commentary from other fans rather than from traditional commentators. Fans engagement on the social media networks made them active commentators from passive viewers. Fans reactions, their comments, tweets, posts attract more viewers/audience. This increases the income of social media networks, channels and broadcasters. But fans active contribution is not rewarded; the income earned by broadcasters, social networks and channels doesn't distribute it with fans.
But now thanks to FanChain platform which benefits the active fans for their contribution towards sports.
Project objective
The main aim of the project is to create a decentralized sports ecosystem which allow fans to engage with commentators for sports events; their active contribution attracts more audience and provides global attention.
The FanChain Ecosystem
FanChain provides a platform for fans which rewards them for their active contribution towards the sports. FanChain platform aligns all stakeholders including fans, teams/leagues, media broadcasters/networks in one place.
FanChain ecosystem consists of several components:
• FanChain Tokens (FANZ)
• Fan Wallet
• Fan exchange
• Fan Pay
**FanChain Token (FANZ)** are used to reward fans. They are the main structures of the platform. Fans can earn these tokens for sharing views, comments, posts and for making commentary. It is worth noting that fans receive tokens which are signature stamped by their favourite team. Depending on the teams the value of FANZ token vary. Popular teams have higher token value than less popular team.
These tokens can be used to:
• purchase game tickets
• shop for team merchandise
• pay-per-view subscription access to premium/live contents
• can be exchanged to other cryptocurrencies
• for sports betting actions
• to join fantasy team networks
FanWallet is a highly secured wallet to store FanChain tokens. This wallet provides ability for users to send stamped tokens to other users and also to send team specific tokens.
Fan Exchange provides ability for users to exchange their team stamped tokens for other teams stamped tokens.
FanPay is FanChain token payment gateway (web plugin, application). Which allows to use FanChain tokens for the purchase of goods, buying tickets and allow stores, teams/leagues, sports events to accept FANZ tokens.
The FanChain platform is also planning to provide additional services such as:
• Fan Prizes is a online reward store, which allows to exchange FANZ tokens for rewards.
• Fan Bet allows for sports betting actions on the platform.
ICO details and timelines
• Token ticker: FANZ
• Total number of tokens: 600 million
• Tokens for sale: 330 million
• Public sale: Q1 of 2019
Token distribution
Conclusion
FanChain platform rewards dedicated active fans for their contribution towards sports. Thus more fans actively engage in social media networks which increases the audience. Fans are get rewarded in FANZ tokens, which they can use it in many different ways. It is really a very promising project.
Learn more about FanChain:
Website: https://fanchain.com
Read Whitepaper: https://fanchain.com/whitepaper/
ANN thread: https://bitcointalk.org/index.php?topic=4423520.0
Telegram: https://t.me/joinchat/HMX3kA5Y_7f1BO7i_jRqSA
Facebook: https://www.facebook.com/sportscastr
Twitter: https://www.twitter.com/sportscastrlive
Medium: https://medium.com/sportscastrfanchain
Instagram: https://www.instagram.com/sportscastrlive/
LinkedIn: https://www.linkedin.com/company/sportscastr/
Reddit: https://www.reddit.com/r/sportscastr
YouTube: https://www.youtube.com/channel/UC03A37ktCbqcnxL72wKJp4g
GitHub: https://github.com/SportsCastrFanchain
About Author:
Bitcointalk username: Abhijeetcg
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1676105;sa=summary
ETH address: 0x96e95a1F40cf5a50178053740ADE18046815362d
