Tuyanto: FanChain Token is based on the ERC20 standard but also adopts the ERC721 feature

Today I will discuss about the development of Cryptocurrency world which has increased significantly in recent years, with various types of Crypto, platform or application in circulation. Many ICOs will come every day, but there are some with good ideas and some with useless ideas, few have great ideas. Now I want to talk about ICO with a good idea: FanChain by SportsCastr as a sports Token platform that knows your favorite team. It's a good idea to read reviews that can help you get information that can help you in viewing their mission vision during their project.

ARE YOU KNOW WHAT IS FANCHAIN?
initially you will wonder what is Fanchain? Well, from what I read SportsCastr, powered by legend and power sports that include NBA Emeritus Commissioner David Stern, Tough NFL Final Vernon Davis, NCAA Trainer Jim Boeheim and others, the goal is to release FanChain cryptocurrency and a decentralized sports entertainment ecosystem for meeting the unique needs of the global sports market. The unique FanChain Token is ERC20-compliant while utilizing the characteristics of the ERC-721-style. This innovation allows team-affinity to be embedded in individual tokens when used within the FanChain ecosystem, while also maintaining fungibility in the cryptocurrency landscape and extending again. did you know that SportsCastr is the initial platform that supports FanChain,

DO YOU KNOW THE FANCHAIN?
here's what I know, FanChain already provides a template for you, where fans are rewarded with tokens that you can use in the ecosystem sport in which you contribute, and make feedbacks that provide incentives to the community to contribute to the social conversations you rely on for the sporting experience which is optimal. Additionally, FanChain introduced the concept of "Mint," in which the concept is supported by DApp and which allows third-party entities to distribute FanChain tokens that are already branded with specific sports, league, or event teams.

Economic Model of CRYPTO-SPORTSCASTR
The crypto-economic model SportsCastr is designed to cultivate and support the emerging FanChain ecosystem. This is achieved through the maintenance of Community Growth Pool and by offering incentives to partners to use SportsCastr (and Mints) using "Partner Incentive Pool".

FanChain matches the interests of all stakeholders including fans, leagues, and the media in some key areas as below:

FANS GOALS PROVIDED TO SUPPORT YOUR FAVORITE TEAM: Fans get FanChain tokens to share news, and also comment and participate in your favorite team's social conversation (s). You as a Fan can use your FanChain token to purchase items, receive gifts, and access content from, for example, leagues, teams, and media platforms.
LEAGUE AND TEAM CAN USE FANS IN NEW WAY: Teams and leagues can offer gifts and access to you as your fans are deeply involved with target holders, any machine tokens that are exemplified by the team, and can receive FanChain tokens for merchandise or access.
MEDIA AND SPORTS PLATFORMS CAN INCREASE INCREASE OIL: Online publishers, OTT platforms and social networks can distribute FanChain tokens to encourage user-generated participation and content ("UGC") that can increase viewership, revenue, and adoption.

YOU SHOULD KNOW WHAT ARE DIFFERENT FROM FANCHAIN?
from what I read Token FanChain based on the ERC20 standard but also adopts the ERC721 feature - when distributed or already received in the FanChain ecosystem (including a wallet that adds support for DApp.)

this has a resemblance to the concept of "colored coins", FanChain token is a token token synthesis that can not be redeemed.

Although the FanChain token fully complies with ERC20, the application allows the ERC20 specification to be useful for additional information to be stored on a per-address basis. This additional metadata contains details of token address balances by team, league, or event. FanChain Tokens can be transferred and monitored by a compatible ERC20 wallet that does not worry about additional metadata ("stamps"), but additional data associated with each stamped token (e.g. team or league description) can be seen in the FanChain awareness system.

Storing metadata caps at address level, as opposed to token level (as in the case of ERC721), reinforces to improve functionality. These include the following:

Divisibility: Unlike the token ERC721-tokens, FanChain tokens can be removed to allow smoother and micro transactions. FanChain Tokens can be transferred and stored as token fractions, not just in total tokens.

Gas Price Down: Transfer between addresses does not require token transactions, but can be executed using simple group operations, low cost (even when transferring teams, leagues, or event-specific tokens) can significantly reduce gas consumption when using DApp FanChain. consequently, the transaction alone consumes less Gas than the basic ERC20 operation, especially when compared to the bulk ERC721 transfer.

While FanChain token has an irreplaceable aspect, they are basically tokens (ERC20). This functionality strengthens the existing system to be useful. FanChain Tokens need not pay attention to stamps. Currently a personal sale is in progress, you can follow it here https://tokens.qryptos.com/ico market / FANZ You can use ETH, BTC, QASH AND BCH to invest, do not forget to fill out your identity here https: / /accounts.qryptos.com/sign-up?affiliate=FANZ good luck and success.

Token Details

TOKEN NAME: FanChain

TICKER: FANCY

TOKEN TYPE: ERC20 with ERC721-style characteristics

PAYMENT RECEIVED: ETH

MAXIMUM TOKEN SOLD IN ICO: 330MM

MAXIMUM TOKENS MINTED: 600MM

TOKEN DISTRIBUTION: TBD

DECIMAL: 4

TOKEN LOCK-UP DATE: TBD

Token Allocation & Distribution
MAXIMUM TOKEN SOLD TO PUBLIC: 330 MM (Including personal and pre-sales)

CGP: 60MM Distributed Over 3 Years
PIP: 60MM Distributed Over 3 Years
BOUNTI: 18MM Distributed Over 3 Years
BACKUP COMPANY: 120MM (Including founders, teams, advisors, and future employees)
BUFFER: 12MM