Article Summary, Automatically Generated By AI
About Fanadise
Key Points
- Fanadise is a decentralized platform for utility non-fungible tokens (NFTs) for social media personalities.
- It aims to bridge the gap between social media influencers and cryptocurrency.
- Fanadise allows influencers to release limited NFTs along with their content, allowing fans to support them.
- Influencers get a cut every time fans resell their NFTs.
- Staking FAN tokens earns users a higher chance to draw an NFT, provides liquidity, and earns rewards.
- Fanadise has a unique lottery system that allows users to win FANs and NFTs.
- There
About Fanadise: A Revolutionary Social Platform
Introducing Fanadise (FAN): A Revolutionary Digital Realm
Fanadise is a decentralized platform for utility non-fungible tokens (NFTs) tailored to social media personalities, pioneering a novel approach by basing its cryptocurrency tokens on popular global figures, akin to fan tokens created by renowned sports clubs for their devoted supporters, such as the AC Milan Fan Token. In the realm of Fanadise, the influencers comprise content creators, including singers, athletes, YouTube personalities, and models, who share a common trait: a massive following on social media, with tens to hundreds of thousands of followers, and in some cases, millions.
The concept behind Fanadise is to curate, acquire, stake, and trade non-fungible tokens (NFTs) from esteemed influencers, thereby bridging the gap between the realms of social media and cryptocurrency. At its core, Fanadise embodies the essence of “Digital Love,” where enthusiasts can demonstrate their admiration for their idols by purchasing their NFTs, unlocking exclusive experiences and services that foster deeper, more meaningful connections with their revered icons.
Fanadise purports to “upend the status quo and empower creators” by harnessing the potential of blockchain technology and NFTs to redefine the existing paradigm of ownership. Its ambitious goal is to revolutionize the realms of influencer marketing, ecommerce, and crypto services, all within the comprehensive Fanadise ecosystem.
Through strategic collaborations with influencers, exclusive content is shared, including, but not limited to, captivating photographs, coveted event tickets, brief yet engaging videos, personalized audio messages, unique artwork, and even bespoke merchandise.
The Visionaries Behind Fanadise (FAN): Meet the Founders
At the helm of Fanadise are three co-founders, each boasting an impressive pedigree. Jakub Chmielniak, a seasoned entrepreneur with over a decade of experience in internet businesses, is also the visionary behind Lethe, a global ecommerce powerhouse that operates in 50 countries. Bart Sibiga, another co-founder, is the mastermind behind DDOB, a prominent influencer marketing company that collaborates with an extensive network of 100,000 micro influencers. Rounding out the trio is Stuart Burton, a former social media influencer with a staggering following of over 10 million across all social media platforms.
Fanadise initially gained widespread attention in July 2021, following a groundbreaking collaboration with Polish influencer Marti Rendi, who pioneered a novel approach by gifting her fans “Digital Love” in the form of NFTs, accompanied by exclusive access to private chats with her.
Unveiling the Unparalleled Attributes of Fanadise (FAN)
Fanadise is poised to revolutionize the social media landscape by seamlessly integrating cryptocurrency into its framework. The innovative platform enables influencers to release exclusive, limited-edition NFTs in tandem with their content, providing fans with a unique opportunity to support their favorite creators. Furthermore, influencers stand to benefit from a percentage of the profits every time their NFTs are resold, making Fanadise an attractive proposition for them to join the network.
For users, the benefits of staking FAN tokens are multifaceted. Notably, staking these coins significantly increases the likelihood of winning an NFT. Furthermore, the duration of staking directly correlates with the number of NFTs received. Additionally, staking FAN tokens provides liquidity and generates rewards. Another advantage is that subscription prices are reduced with FAN tokens.
One of Fanadise’s distinctive features is a lottery system, where users can participate to win FAN tokens and NFTs, categorized into six tiers based on their rarity. These lottery sessions, dubbed “burnings,” take place twice a week, every Wednesday and Sunday. During each event, a guaranteed 1 million tokens are burned, and two fortunate users who have purchased 1500 FAN tokens will have their holdings multiplied to 10,000 and 25,000, respectively.
As Fanadise is centered around bridging the gap between influencers and their fans, FAN tokens can be used to acquire “moments” with these influencers. By unlocking influencer pools, users can also hunt for the “moments” they desire with their idols, with six varying levels of uniqueness. Furthermore, fans can subscribe to one of six tiers, depending on their desired level of interaction with influencers and their willingness to pay.
What is the Circulating Supply of Fanadise (FAN) Coins?
A total of 1 billion FAN tokens are earmarked for circulation, although the current circulating amount remains undisclosed.
The tokenomics of Fanadise are delineated as follows:
- The foundation reserve is subject to a 10-year lock-up period, with 1% of the reserve being unlocked on a monthly basis.
- The marketing and creators’ allocations are subject to a monthly unlock of 2.8%.
- A similar monthly unlock of 2.8% applies to the team’s allocation.
- Advisors and partners are also subject to a 2.8% monthly unlock.
Ensuring the Integrity of the Fanadise (FAN) Network: A Robust Security Framework
Notably, Fanadise has yet to elaborate on the security measures in place to safeguard their network.
In October, the team announced a significant development via a Medium post, revealing a new contract that incorporates a range of advanced security features. These enhancements include the automatic expansion of liquidity pools, automated token burning, anti-bot and anti-whale mechanisms, as well as the whitelisting and blacklisting of specific addresses. Furthermore, the contract also introduces staking, vesting, and APR incentives for locked liquidity.
Will Fanadise (FAN) Coin Reach the $1 Milestone?
As of October 2021, the FAN token’s current valuation stands at approximately $0.03536. This stable trajectory is expected to persist over the next few years. A significant surge to $1 would represent a substantial 28-fold increase from the current price, a feat not unprecedented in the notoriously volatile cryptocurrency landscape, particularly if the team achieves its objectives with remarkable success.
Acquiring Fanadise (FAN): A Comprehensive Guide to Exchanges and Marketplaces
Fanadise has secured listings on multiple reputable cryptocurrency exchanges, facilitating seamless NFT creation through fiat payment options. Notable exchange partners include PancakeSwap and Gate.io.
Associated Resources
Delve into the realm of fan tokens and uncover the intricacies of their mechanism.
Delve into the fascinating realm of non-fungible tokens (NFTs) with our comprehensive guide, available
here
.
Delve into the world of Lazio Fan Token, Manchester City Fan Token, and Paris Saint-Germain Fan Token, and discover their unique features and benefits.
Discover the Future of the Internet: Unveiling the Era of Web 3.0.
Learn More
.
Delve into the vast realm of cryptocurrency and beyond at CoinMarketCap Alexandria, your premier destination for comprehensive knowledge and insights.