Sports is a cultural phenomenon that has a pervasive presence in daily life. For fans, sports is a personal and social activity that involves following games across media platforms, talking with other fans, and contributing their viewpoint to the cacophony of voices on sports websites. Fans engage on social channels before, during and after sporting events at a higher rate than ever before. In some cases, engagement is more than 30% higher than compared to 2012. While Facebook remains the most widely used channel, fans are increasingly using Google+ and YouTube to disseminate and acquire sports information.
FanChain will make it possible for fans to earn FanChain tokens for sharing news, providing commentary and participating in the social conversation of their favorite team(s). Fans can then use their FanChain tokens to purchase goods, receive rewards, and access content from, for example, leagues, teams and media platforms. Also, Teams and leagues can offer rewards and access to their most engaged fans by targeting holders of their respective team-stamped FanChain tokens, and can accept FanChain tokens for merchandise or access.
FanChain tokens can be used, transferred and monitored in standard ERC20 environments such as MyEtherWallet. However, in these instances, stamp metadata will not be visible, nor will they be stripped or able to be changed. Transfers initiated in wallet software clients without FanChain token support will transfer tokens without being able to choose which specifically stamped tokens to use in the transfer.
Unique functionality of the FanWallet includes: Visual breakdown of FanChain tokens by team, ability for users to select and send team specific tokens, ability for users to send specific stamped FanChain tokens to other users, user will be able to see and consume offers available to those who hold specifically stamped tokens.
We plan to develop a web-based trading exchange where users may exchange the stamped FanChain Tokens of one team for FanChain tokens stamped with a different team. This will allow users to build a collection of stamped FanChain for their favorite teams while reducing tokens stamped with teams they have less allegiance to.
FanChain will use an integer-based stamp value in the address-associated metadata. A global list of sports, leagues, teams, and related sports events will be publicly available within FanChain’s GitHub account in a dedicated repository. This data will be in the form of a JSON file for broad compatibility and ease of integration into other systems. Modifications and additions to this list will be handled via an open pull/commit process, managed by FanChain, as new items are added or modified by the members of the FanChain ecosystem and community. Each sport, league, team or event will have a dedicated and immutable numeric identifier assigned to it and each token will be stamped with the corresponding value by a Mint. Addresses will have associated metadata that enables any member of FanChain’s ecosystem to identify the balance and stamps of tokens held by that address.
FANCHAIN ECOSYSTEM
• A user creates content, or some other value, for a specific sport, team(s), game, league or related event on a UGC platform that is approved to be a Mint.
• Note: The role of a Mint is to categorize content and stamp tokens. It cannot issue new tokens - only distribute tokens that are already in its possession.
• The user receives FanChain tokens containing metadata that are “stamped” with the team(s), league(s) or sporting event that the user created content or value for as a reward.
• FanChain token compatible wallets will show a user’s total balance of FanChain tokens, and additionally provide a visual breakdown of the stamps that are associated with their tokens.
• This results in content/value-producers being rewarded with FanChain tokens that are unique to their favorite sports, teams, leagues (or other sports-related event).
• Third-parties can then offer special discounts, access, digital goods, promotions and features to FanChain users who hold a certain number of stamped tokens of a particular team, league, or other sport related events and organizations.
Apps, websites, media and other entities will be able to easily accept FanChain tokens for goods and services by integrating a FanChain token payment gateway (“software plugin”) called “FanPay”. The gateway will allow thirdparties to easily offer discounts or offers only to holders of specific team tokens.
We will launch a website listing all rewards and prizes that can be exchanged for FanChain tokens on FanPrizes.com. FanPrizes.com will be the first platform to the use the FanPay payment gateway, allowing us to develop, test and implement FanPay in a live environment. Please note that not all rewards or prizes may be directly sponsored by or associated with SportsCastr (especially as the number of Mints continues to grow) and additional terms and conditions may apply.
PARTNERS
TOKEN SUMMARY
Token Name: FanChain
Ticker: FANZ
Token Type: ERC20 with ERC721-style attributes
Payments Accepted: ETH
Maximum Tokens Sold in ICO: 330MM
Maximum Tokens Minted: 600MM
Token Distribution: TBD
Decimals: 4
Token Lock-Up Date: TBD
TOKEN ALLOCATION
330MM - Maximum tokens sold to public
60MM - CGP
60MM - PIP
18MM - Bounties
120MM - Company Reserves
12MM - Buffer
USE OF PROCEEDS
30% - Operating
20% - Marketing
20% - Broadcast Rights/Licensing
10% - Content Production
5% - Legal
5% - Fanprizes
5% - Buffer
5% - Acquisitions
ROADMAP
March 30, 2018: FanChain DApp/token development complete
May 2018: Token security audit by Hosho complete
June 2018: FanChain announced
June 2018: Bounties Open in partnership with Bounty0x
Q3/Q4 2018: FanChain added to exchanges
Q3 2018: Web based FanWallet launches
Q4 2018: FanPrizes.com launches powered by FanChain
Q4 2018: FanExchange launches
Q1 2019: FanWallet for iOS/Android launches
Q1 2019: SportsCastr channel subscriptions powered by FanChain launches
Q2 2019: SportsCastr pay-per-view powered by FanChain launches
Q2 2019: Mint DApp/API launches
Q2/Q3 2019: SportsCastr for Android launches
Q3/Q4 2019: SportsCastr SDK launches
TEAM
CEO - Kevin April
CTO - Peter Azuolas
Lead IOS Engineer - Drew Mccala
Lead Designer - Dakota Berg
VP Community - Nick Schupak
ADVISORS
NBA Commisioner Emeritus - David Stern
NBA Player & Entrepreneur - Steve Smith
Co-Chair, OMM - Chuck Baker
Head Coach, Syracuse - Jim Boeheim
For more details on this project, please feel free to click on any of the following links:
Website: https://sportscastr.com/
Whitepaper: https://qryptos.s3.amazonaws.com/uploads/ico_project_info/white_paper_file/9/QUOINE_FanChain_WhitePaper_1.0g.compressed.pdf
Twitter: https://www.twitter.com/sportscastrlive
Facebook: https://www.facebook.com/sportscastr
Instagram: https://www.facebook.com/sportscastr
Reddit: https://www.reddit.com/r/sportscastr
Linkedin: https://www.linkedin.com/company/sportscastr/
Telegram: https://t.me/joinchat/HMX3kA5Y_7f1BO7i_jRqSA
Published by: tszone
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1742409
Ethereum wallet address: 0x684c9d1c004AB2023E1d3ae9aEb902B514B703d1
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