Fanfare (FAN) ICO Details and Project Review

in ico β€’Β  6 years agoΒ  (edited)

πŸ”œ Fanfare Global (FAN)

Fanfare is a worldwide known video sharing app which has more than 200.000 users. The idea behind Fanfare is to use the effectiveness of videos as marketing tools. Fanfare connects users with brands through videos and rewards. It aims to let brand owners to monetize user-generated contents effectively while the users are fairly rewarded for their efforts.

They want to build a Social Commerce ecosystem which is based on a win-win-win philosophy where users, content-creators and brand owners connect each other easily and effectively. Fanfare wants to make brand owners use Fanfare Token as a reward to content-creators by turning their videos into shoppable videos. This makes every shared video to have a chance of being a point of sale and thus it beats a path to create a social media platform which is a marketplace for all products. Users will be rewarded by just being active on the app. Fanfare lets people easily post and share content like on any other social media platform but watching and voting the videos will earn them FAN Tokens. Thus, it also encourages people to watch videos which are created by the users. The earned rewards can be used to buy products from the Fanfare eStore.

Fanfare's longterm goal is to replace the current centralised coins used in their system with their own ERC-20 FAN Token, and use the FAN token as fuel for their platform. Brands will have to use FAN Tokens to turn the videos into shoppable videos. The creators of the videos, which are verified as shoppable, will be rewarded with FAN Tokens. Everything bought and sold on the platform will be paid with the FAN token, thus create a steady demand and rise in value for the token.

Using the Fanfare will also by-pass the intermediaries such as advertising and marketing agencies and thus brand owners reduce their costs while content creators recieve a fairer share of the value they created. Without the intermediaries or third-parties, all transactions will be performed fast and unrestricted by the reliability of the blockchain technology.

FanfareΒ΄s ICO is currently running, if you want to take part in the sale and take advantage of a bonus up to 25% you can sign up here: https://buytoken.fanfare.global/users/sign_in

πŸ”Ά Documents:

πŸ“‘ Whitepaper β€” Fanfare Whitepaper :https://tokensale.fanfare.global/files/Fanfare_Whitepaper.pdf

πŸ“Š One-Pager β€” Fanfare One-Pager: https://tokensale.fanfare.global/files/FF-litepaper.pdf

πŸ”Ά Additional links:

🌐 Website β€” fanfare.global: https://fanfare.global/

🏦 Token Sale Website β€” https://tokensale.fanfare.global/en/

✈️ Telegram β€” https://t.me/FanfareICO

πŸ•Š Twitter β€” https://twitter.com/FanFare_Global

πŸ“˜ Facebook β€” https://facebook.com/fanfareglobal

πŸ“Ί YouTube β€” https://youtube.com/c/FanfareGlobal

πŸ“Έ Instagram β€” https://instagram.com/fanfareglobal/

πŸ“ Medium β€” http://medium.com/fanfareglobal

πŸ—£ Bitcointalk ANN β€” http://bitcointalk.org/index.php?topic=4488699

🐱 Github β€” http://github.com/fanfareglobal

πŸ”Ά ICO- Information/Dates:

Symbol: FAN
Token type: ETH (ERC20)
ICO Price: 1 FAN = 0.0001 ETH
Min purchase: 0.1 ETH
Total supply: 2,000,000,000 FAN
Available for sale: 990,000,000 FAN
Min purchase: 0.1 ETH
Soft cap: 4,000,000 USD
Hard cap: 40,000,000 USD
ICO End date: October 31st, 2018

FanfareΒ΄s ICO is currently running, if you want to take part in the sale and take advantage of a bonus up to 25% you can sign up here: https://buytoken.fanfare.global/users/sign_in

πŸ”Ά Our Score:

πŸŒ•πŸŒ•πŸŒ•πŸŒ•πŸŒ˜ 4.25/5

Fanfare has a working product and already a quite big userbase, which both is, of course, a plus. The Fanfare team has lots of experience in all different kind of sectors, but it is still rather small. The idea itself fits in the current time but also requires substantial marketing efforts. It will be interesting to see how Fanfare approaches the challenge of getting big named influencers and content creators on their platform. If they can "recruit" some of them, most certainly others will follow. A strong base of popular content creators leads to bigger interest, bigger interest leads to more users, and more users leads to bigger interest for the brand owners and vice versa. Thus, if Fanfare overcomes this challenge and uses their first mover advantage wisely they could be a successful business.

πŸ”ΆFanfare Introduction Video:

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