Over the past one decade, cryptocurrency has made several significance across the blockchain sector into the real world scope. The tremendous improvement has led to people shifting their focus in terms of investment to the blockchain world. The influence of blockchain in cryptocurrency has brought in investments funds for new ICO trying to make impact in the society, be it in the financial, sporting, Gambling, Cargo, Agro and other sectors that grows the economy by bringing in a revolution to the traditional systems. The project am about to talk about today has also came up with a framework to bring solutions to the existing problems Fans and other major stakeholders experience in the sporting sector. It's not new to viewers and fans that most of the traditional sporting ecosystem deprive them of their right in either accessing some specific process or rewarding them with incentives, while others are lagging behind in delivering a standard suitable ecosystem that brings players, team, investors and fans together. These problems are what the team behind FanChain project has put into consideration in serving it users right by providing a platform where unique contents reaches a wider audience with several engagements and feedback on how to improve on such content. and rewarding it's fans who contributes to the growth of the Platform.
Fanchain Ecosystem.
It should be noted that FanChain platform was built on SportsCastr which is a major network with high reputable sport affiliates memberships. With the influence of SportsCastr, fanchain now has the provision of utilizing an enterprise-level SDK which has a unique blockchain products, premium subscriptions, pay-per-view (PPV) option and tips. With the option of pay-per-view model this will definitely influence the integration of new technology to the existing OTT systems.
An important term to take note on the platform is PIP, which means Partner Incentive Pool. PIP will be in the following section:
It will be used in rewarding major partners who integrates the use of FanPay.
For exchange listings of Fan token and rewarding premium content creations.
Access to live-streaming sports entertainment hosted on SportsCastr using TIX or FanChain token.
Also to make some sports athletes and celebrities ambassador so as to use SportsCastr and generate FanChain tokens from viewers.
Marketing, Public Relations (PR) and Community Management (CM) of the platform. Also making awareness for fans to adopt SportsCastr SDK into partner OTT
platforms.
Likewise about 10% of FanChain token will be reserved for the Partner Incentive Pool and it will distributed at the end of third year.
Now for the CGP which means Community Growth Pool. A total of 10% out of fanchain token has been reserved for it community growth, out of the 10% a portion of 33% will be distributed at the end of every year for three solid years unlike the Partner Incentive Pool (PIP), CGP will be given back to the SportCastr community users, for the growth and adoption of the platform. Distribution will be based on a algorithm metric in which a part of it will be reserved for competition, user-incentives and leader board prizes all with the community. The distributed method will be evaluated daily using the SportsCastr's Community growth pool reward algorithm which is =>
f(x) = user activity / total activity * daily pool.
Fanchain Token.
The token is built with constant and unique features which has been integrated with users token, alongside a DApp-powered and minting system performing greatly on several platforms.
For more information and updates about Fanchain visit the following links below:
Website: https://fanchain.com Or
https://sportscastr.com/
Facebook: https://www.facebook.com/sportscastr
Twitter: https://www.twitter.com/sportscastrlive
Telegram: https://t.me/FanChain
Linkedin: https://www.linkedin.com/company/sportscastr/
BTT ANN: https://bitcointalk.org/index.php?topic=4423520
Author Bitcointalk 🆔: Moshaid.
Author BitcoinTalk link: https://bitcointalk.org/index.php?action=profile;u=1578037