Welcome to FANs
Fansforever is a decentralized social marketplace that connects creators and their fans through NFTs.
Why NFT
Content generation and distribution is one of the most classic consumer internet use cases yet influences billions of people on a daily basis, through games, videos, music, etc.
Unlike Bitcoin, which is fungible, a non-fungible token (NFT) is a type crypto that presents a unique asset, built with ERC-721 or TRC-721 protocols on Ethereum or TRON blockchain. This is perfect for content creators as this makes sure the creations are uniques while actual ownership lives on blockchain and can be easily and safely transferred between users.
Now NFTs bring so many versatile features from blockchain to the content business, this is the same disruptive moment as what Uber did to the taxi business and Airbnb did to the hotel business, if not more. This very feature will take blockchain and crypto users to the first billion!
Fan Economy
Fan economy is built on fan’s affective investment to the content creators, through the fan community. Traditionally, this economy flows between content creators and fans through physical merchandise, say, a limited edition mug from Justin Bieber, a basketball signed by Lebron James, or a ticket to special events like a backstage close up meeting with Blackpink, etc.. Through NFT, we now can digitalize that experience and financialize the digital merchandise / asset in the process.
Why Fansforever
There are several NFT marketplaces on the market at the moment, however all failed to penetrate to the mass market. The founding team has been working seamlessly cross these platforms and here’s what we found.
#1 Chain Agnostic
Just like owning a Tesla, it doesn’t matter where it’s made, even less so when it comes to digital properties. Fansforever is initially built on TRON blockchain which is fast and costs minimum gas fee. The platform will quickly work on multi-chain support after the launch, including Binance Smart Chain, Polkadot, Cardano, Solana, etc. The platform will be chain agnostic and supporting various NFT protocols accordingly so that NFTs can be minted and traded cross various chains and currencies.
#2 Content Grinder
Fansforever provides a one-stop shop solution for creators. As we are chain agnostic, we will work with various platofrms and distribute NFTs created on our platform, so as to maximize revenue for the creators. On the other hand, the founding team and advisors of Fansforever are well connected in the creative space and they are bringing content from A-list creators organically onto the platform. World class talents like Lindsay Lohan, Tyga, Soulja Boy, Swae Lee and Ne-Yo and other 30+ are joining platform’s launching roster.
#3 Social Engagement
Fansforever is essentially a decentralized instragram with ecommerce and gamification features. Creators would be able to engage with fans and vice versa, through various social features like DMs and likes, and many live ops events and games like mystery box, leaderboard, etc.
#4 Mass Distribution
Fansforever is integrated with some of the most used applications, bringing hundreds of millions of monthly active users to the platform. Meanwhile, the platform is also providing credit/debit card options for frictionless purchasing experience
FAN Token
FAN is the native governance token for Fansforever so that the engaged users of the platform can then participate into the future feature upgrades or content line up, and many more.
Platform Governance: Ultimately the platform is goal is to evolve into a DAO (Decentralized Autonomous Organization), where FAN token holders can make proposals and decide on platform features and upgrades, content pipeline as well as featuring positions for the content pipeline on the platform.
Gacha & Fusion: FAN will be required/consumed to participate in acquiring certain NFTs through Gacha system, a.k.a mystery box. On the hand, FAN is needed when user is creating a NFT synthetics, we call this process the Fusion process. Gacha/Fusion system is commonly seen and used in some of the most popular F2P games, like Clash Royale, etc.
Privileges: Certain NFTs or features could be accessible to FAN token holders only. Stake FAN token to earn loyalty points and exchange for NFTs, or to receive NFT airdrops.
Conclusions
What Fansforever is building here is very ambitious — a full digitalized fan economy that couldn’t be done before, but only doable now because of blockchain or crypto. Join our telegram (thefandaodiscussion) and twitter (thefandao) to be part of the revolution.
