Along with the development of technology and the emergence of social networks has changed the role of fans in the world of sports. Today, every fan of a sports team has moved from the status of a passive viewer to the status of an active commentator. Due to the comments of fans posted today, social networks, channels, leading broadcasts, as well as bookmakers were able to significantly increase their income, and sports teams were able to attract a large audience. However, active fans commenting on sports events are not included in the income distribution system.
To correct the situation and provide active fans with more benefits will allow a new platform called FanChain.
The main task of the FanChain developers is to create a decentralized platform that allows to encourage all participants of sports events, including fans and commentators, whose discussions attract maximum attention to the events.
To implement the above task, the developers plan to use Blockchain technology, which will provide them with the following benefits:
The site operation will be based on several tools:
FANZ coins will be the main financial means operating within the framework of the platform. The uniqueness of FANZ is that this coin can include a digital signature, thus giving fans the opportunity to get an asset associated with their favorite team. It is important to note that depending on the signature, the value of the asset within the platform will be different. Thus, FANZ tokens with the signature of a more prestigious team will have a higher value than coins with the signature of a little-known participant of a sports event.
These coins can be used for:
The second tool – FanWallet is a storage of coins with a graphical interface in which each user of the site can see not only the number of coins, but also their connection with a particular team.
FanPay is an application that allows you to use the tokens of the platform to purchase various goods in the stores of fan attributes, tickets for sports events, as well as to pay for orders in sports bars. This application also allows stores, teams, leagues and sports event organizers to accept FANZ tokens as payment for goods and services.
FanExchange is the exchanger, allowing to exchange between coins with the signatures of various teams or participants in sports events.
In addition, additional services will be organized within the framework of the platform, such as:
FANZ coins can be received by fans and active fans for posting their own comments on social networks, as well as for active support of participants of sports events and for writing articles. The second way to get coins is to buy them during the ICO.
Within the ICO, it is planned to sell 330 million coins. The start of public sales is scheduled for the 1st quarter of 2019. Other information about the ICO has not been disclosed yet.
The distribution of tokens is as follows:
Creating a platform that allows you to attract maximum attention to sports events, teams and individuals, while allowing you to encourage active fans, is quite an interesting idea. This platform will be able to attract a multi-million audience, so its success is guaranteed. In this regard, investing in FANZ tokens at an early stage can be very profitable.
