FAN360 REVIEW

FAN360 REVIEW

  • Fan360 project is a blockchain-based platform for sports fans, that covers the complete fan experience. Fans get a holistic overview of everything that is happening with their favorite sports stars in real time.

 

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IDEA:

  • Fan360 enables fans to be just one click away from all the fuss on all the social media, news and scores, without manually visiting every single site and downloading all the apps to follow them. It is finally possible on just one platform, one site – Fan360.

 

PROTOTYPE PRODUCT:

 

  • BENEFITS for Fans:
    • Fan360 provides a holistic sports fan experience.
    • All relevant news in one place. With an easy way to sign up and register fans can create their personal sports profile by choosing their sport, stars and clubs they wish to follow. AI driven smart feeds ensure that each fan obtains personalized news only on subject matters of his/her interest and has access to calendars of sports events.
    • Fans will also be able to get sports results and highlight videos, follow their favorite clubs and stars in their own profile. Events information will be promoted for the users to have the possibility to join at Sports Experiences and have personalized Shop with selected products by the user’s preferences.
    • Fans will be able to personalize Fan360 web page based on their language preference, geolocation and interests.
    • Fans will be incentivized to contribute their opinions, articles, other content as well as evaluate content of like-minded users by sharing and liking their stories. For each action fans will be rewarded with points which will, based on a formula, be converted to FAN tokens.
    • Fan360 will initially retain a pool of 10% of tokens (5 mil tokens) to reward contributors in the early stages of development.
    • Getting you closer to your sports stars Fan360 will enable fans to engage with their favorite sports star directly through the special experience campaigns, which will only be accessible on Fan360.
    • With FAN tokens users will be able to purchase sporting products and tickets for their favorite football matches.
  • Benefits for Brands:
  • Brands continually look for ways to creatively enhance their messages, gain new brand ambassadors and engage people that are micro influencers in their communities.
  • Fan360 will offer brands access to real and passionate fans who are also very credible micro influencers in their communities.
  • With a better understand of user’s behaviors and preferences, brands will be able to tailor offers and products directly to an eager audience, thus increase their sales.
  • Fans obtain a reward in tokens for writing content, contributing photos, videos, sharing and liking content.
  • Fan360 takes a fee from the sales transaction of tickets and merchandise (cca. 7-13 %). It also packages and sells special experiences for which it retains part of the revenue.
  • A fan will get rewarded for a wide range of activities. These can include:
  • Writing a blog and posting it on Fan360.
  • Watching a game and making a video or photos and posting them on Fan360
  • Evaluate and share other fans’ interesting contributions
  • Referring friends, Promoting the service, input local teams that are not in the system yet and Bring in a community of fans for local clubs.

 

HYPE:

  • 3K telegram users, 39.1K+ followers on Facebook and 701 Twitter followers.
  • They are one of the only ICO projects with a working product backed by technical and legal proofs of concept, with 130.000 fans.
  • 4 ratings on ICO bench.

 

LONG TERM STRATEGY

  • They plan to drive 7 million users to the site within 6 months and grow their service to include other sports.
  • They want to become the biggest sports fan network in the world.
  • By 2019, they want to grow their user base to 15 Million.

 

Experts Review:

  • “After further investigation i believe this is a promising project. They already have MVP with 120k+ users. Potential deeper integration with blockchain technology thus can be valuable. The team is numerous and hard-working.”- Igor Karavaev (ICO advisor and investor)
  • “The direct project team has very little experience in the blockchain space. however, this is offset by the big advisory board. Though I see a market for the product I do not see a valid reason or a “solution” that requires blockchain. $30mil used to create a social media platform is outrageous and not quantifiable.  There is insufficient information from an expected platform revenue or adoption perspective and absent of any future business model.  “special fan experiences” is hardly a viable ROI model. I see this as a good product once complete, but not a good investment.” – Douglas Lyons (Board Advisor- Early Adoption and Strategic Partnerships)
  • “They have an epic-awesome team! Very strong strength both on marketing and tech/industry side. Many sports ICOs coming out unprepared and I think Fan360 is strongly prepared against all odds with solid team and vision. All the best.” – Karnika Yashwant (ICO Marketing Expert | Launch Strategist | Global Branding & Fundraising Master)

 

TOKEN METRICS:

Token FAN
Pre – Sale Price 1 FAN = 1 USD
Price in ICO 1 FAN = 1 USD
Country UK
Platform Ethereum
Website https://fan360.io/
Whitelist/KYC KYC & Whitelist
Restricted Areas USA, China
Pre-Sale 29th May,2018 – 29th Sept, 2018
Public- Sale 1st Oct, 2018 – 31st Oct, 2018
Tokens for Sale: 30,000,000 FAN
Soft Cap 5,000,000 USD
Hard Cap 30,000,000 USD
Total Token Supply 50,000,000 FAN
Token Supply Breakdown 60% Pre-Sale and Public sale
13% Founders and Team
10% Reward Pool
6% Future Partnerships Pool
1% Bounty Pool
Bonus 10% bonus will be allocated to: – contributors who contribute within 72 hours of the FAN Token Public Sale launch; or – contributors who contribute over 100 ETH (or other accepted currency, calculated on the price of ETH).

 

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