FanChain: moving the sports ecosystem forward

You are welcome to yet another mind-blowing edition of my article reviews. Just like you all know, I do my personal research and write about projects I find very attractive and important. In this edition of my article review, I will be giving out a brief overview of a very lucrative project known as fanchain.
It may sound trite, but the world is constantly changing since the introduction of blockchain and its decentralized nature. This modification has affected outstanding industries in an exceedingly global scale and of course the sports industry in general.
The emergence of blockchain has totally transformed the sports industry giving fans complete management of their mode of interaction with their favourite teams.
As a sports fan you would angry with me it feels more enjoying having to debate concerning your favourite clubs’ leagues with a fellow fan than having to listen to commenters whom you can’t extremely communicate with. throughout major sports event, we tend to see a majority of all that goes on in social media like Twitter or Facebook.
We are in a generation where sports fans are not any longer ordinary customers of sports content how of the foremost force that drives the sports ecosystem. I believe its due time for sports fans to get rewarded for their selfless contributions to the sports ecosystem and am glad to boldly write this opportunity has been initiated with the establishment of fanchain.

Fanchain overview

Fanchain is launching an ecosystem in which fans are rewarded with a token that can be used within the sports ecosystem to which they contribute and establish a feedback loop that incentivizes the ecosystem to be a part of the social conversation that they depend on for a better sports experience. every content provided are sealed with a particular sports league, event or club during which the content provided is concerned.
These tokens will be spent through the acquisition of game tickets from vendors who integrate FANPAY into their system. This tokens can also be purchased from online retailers or from fanprize.com and alternative uses.

Why fanchain

Fans are rewarded for supporting their favourite clubs for sharing news, providing commentaries and collaborating on varied social discussions of the favourite clubs. Leagues and teams can provide sealed minted tokens to 3rd party apps through the platforms Dapp options, which will be utilized to reward fans for their contents.
Leagues and teams also will provide tokens and access to their most prominent fans by targeting individuals who hold explicit team stamped tokens. The platform will also lunch a live viewing sports channel to fans which will give them the ability to become their own commentators. OTT channels and online publishers also will distribute FANCHAIN Token to encourage fan viewership.

Features

Fanchain: The fanchain token will be used for purchasing and reward purposes.
Mints: Mints in the fanchain platform will be used for categorizing content and stamped tokens to a team.
Fan wallet: ERC-20 wallet such as myetherwallet which is able to be utilized in storing reward tokens.
Fan exchange: An internet-based exchange channel where fans would be able to exchange stamped tokens of a given team for another team with same stamped token.
Fanpay: entities like websites and apps are ready to settle for the FANCHAIN Token as a supply of payment for product and services utilizing FANPAY.
conclusion
The full implementation of Fanchain in the sports ecosystem will give rise to a whole new atmosphere for sports fans and teams in general.

click on the links below for more information

(https://www.sportscastr.com)
(https://qryptos.s3.amazonaws.com/uploads/ico_project_info/white_paper_file/9/QUOINE_FanChain_WhitePaper_1.0g.compressed.pdf)

Username: agunwa2337
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