FanFare is a community platform based on block connections that allows you to use social e-Commerce content via an instant store option depending on the brand. The platform is designed to enable social e-Commerce for brands to interact with their potential customers through brand interaction integrated with potential buyers. In addition, FanFare will allow brands to change the content made by consumers, the various videos will be a valuable product for customers.
Fanfare ecosystem is building a Social Trade ecosystem where content creators, consumers and brands can connect intimately through value exchange through Token FAN.
FAN Tokens will be used by brands as a reward mechanism for creators by turning their user-made videos into purchased videos. This allows any user-generated video to have the potential to become a selling point for the brand, thus making the entire social platform a marketplace for the product.
Users will also be given an incentive for the time spent watching videos made by their friends or other consumers. Users can, in turn, use the FAN Token they have received as a gift to purchase products from the Fanfare eStore.
Consumers who purchase products from the Fanfare eStore can further benefit from attractive discounts or additional benefits.
According to their official site, Fanfare has been “built to solve one problem”.
Called the world’s first social commerce community that is powered by Blockchain, they want to take advantage of a market they believe will grow to over $165 billion by 2021.
It will be a content-sharing ecosystem that connects brands with users using shoppable videos.
Fanfare Global Pte Ltd, a Singapore-based company, has created this Fanfare ecosystem.
The company is managed by series entrepreneurs, successful business owners and professionals – from media, law, marketing, finance and investment backgrounds with combined experience for decades – and also supported by investment companies.
We have built the most comprehensive, centralized Social Commerce platform – The Fanfare App.
Innovative technology will make it possible to deal with the situation, fix all the flaws, developers of a decentralized platform Fanfare believes that the use of blocking and intellectual contracting will open up new opportunities for customers. The e-commerce segment will receive the development necessary to protect users from fraud and various issues.
A community-based two-sided platform to create, curate and convert consumer-generated videos into instant Shoppable Video for brands, Fanfare is built from the start to enable Social Trafficking. Builders' blocks are built and customized with Social Movies and Movies Videos in mind from the beginning. Features and functionality have been carefully thought out and designed appropriately to help brands and consumers connect more closely, by facilitating the integrated two-way Brand-Consumer branding, so brands can broaden their relationship with their customers to maintain trust, familiarity and positivity.
FANFARE UNIQUE FEATURES
allows brands to turn all Videos Collected by Consumers into Easy to Hijack Videos easily. Users can also easily post and share videos on Fanfare as on any social media platform. An additional incentive is that brands can now accurately and cost-effectively add BUY Buttons to any of these consumer-generated videos in Fanfare, converting them into Instant Shoppable Videos.
How social trading community Fanfare Blockchain works
The FanFare ecosystem will include the following features as a means to eliminate brand-consumer relationships, which are fragmented and have no intermediate nodes. The absence of intermediaries makes it possible to get rid of many serious problems, such as large fees or persistent fraud schemes intended to steal personal data.
FanFare internal currency (FAN) - FAN Token is used as a reward mechanism for content creators earning revenue through purchased videos
Brands, and consumers who want to use the ecosystem, need to buy tokens from which they can add products to user-made videos.
Consumer audience content that will be able to use the internal currency to purchase the required content in the FanFare online store, gaining access to websites and campaigns of the brand.
E-store FanFare will provide their products on the e-shop platform, and for any purchase, you can use the internal currency in the form of FAN token
Advantages of Fanfare
Stimulation can win FanFare number one is the ability of the platform to encourage the sharing of content by changing the user content to the video available for sale.
Attractive discounts - consumers get a chance to buy branded products from the FanFare eFore kiosk to take advantage of additional prices and product discounts.
Prizes for creators with high-quality creations and users who buy products from eStore with FAN tokens.
The security of the content sharing process as a smart contract ensures an efficient and transparent verification process.
Less expensive for brands looking for alternative advertising options and reaching their potential customers.
This is the name given to media content created by people who are willing to create content for businesses or brands. Social e-commerce will work as follows. Platform users can create any type of video or media that announces a particular product from a company or brand and its content will be rewarded with the mark itself with a Fanfare token ERC-20 (Token FAN). This token is obtained as a reward that can be redeemed for the product on the sFore Fanfare platform.
FanFare ecosystem will include the following functions as a means to eliminate the relationship between brands and consumers, which are fragmented and have no intermediate node. The absence of an intermediary allows you to get rid of many serious problems, for example, large commission fees or persistent fraudulent schemes aimed at stealing personal data.
Local currency Fanfare (FAN) –
FAN token is used as a reward mechanism for content creators who create videos via shoppable
Brands, as well as consumers who want to use the ecosystem will need to purchase FAN tokens, where they can add products to create video users.
Content consumers who will be able to use domestic currency to purchase necessary content in online store FanFare, access to websites and brand campaigns.
FanFare Electronics Store will provide their products in electronic platform stores, and for any purchase, you can use domestic currency in the form of FAN token.
Token FAN is built on three main pillars:
1.- Sharing Efforts – based on trust, these shared ecosystems will serve to increase user growth, build stakeholder confidence and ensure sustainability.
2.- Wealth Distribution – a win-win-win economy in which all stakeholders will benefit from sharing incentives and rewards
3.- Unlocking New Value – through user-made video conversion into purchased video.
FAN tokens are used as a reward mechanism for content creators who create videos through shoppable Brands, as well as consumers who wish to use the ecosystem will need to purchase FAN tokens, where they can add products to create video users.
Audiences - content consumers who will be able to use domestic currency to purchase necessary content in online store FanFare, access to websites and brand campaigns. FanFare Electronics Store will provide their products in electronic platform stores, and for any purchase, you can use domestic currency in the form of FAN token
FANFARE USER APP IS LIVE
Join more than 150,000 other users and download our co-creating and video-sharing social commerce platform for fans and audiences to share and watch everything about their favorite brands.
Platform - Ethereum
Type - ERC20
PreICO price 1 FAN = 0.0000909 ETH
Price in ICO 1 FAN = 0.0001 ETH
Private sale – 20% PreICO – 10% Crowdsale Part 1 – 5% Crowdsale Part 2 – 0%
Tokens for sale 990,000,000
Min. investment 0.1 ETH
Distributed in ICO 45.25%
Soft cap 4,000,000 USD
Hard cap 40,000,000 USD
The pre-ICO sale of tokens for this project is planned for August 17 – September 17, 2018.
The main public sale will then take place between October 1 and 31, 2018.
We can see what this ICO offers by taking a look at the details that are contained in the White Paper and on their website.
Total FAN supply: 2,000,000,000 FAN
Total supply for Private sale: 400,000,000 FAN (20% bonus)
Total supply for PreICO sale: 200,000,000 FAN (10% bonus)
Total supply for Crowdsale Part 1: 100,000,000 FAN (5% bonus)
Total supply for Crowdsale Part 2: 100,000,000 FAN (0% bonus)
Price of FAN tokens: 1 ETH = 10,000 FAN
Unsold tokens will be burned
TOKEN AND FUNDS ALLOCATION
December 2016; Fanfare Application Creation begins.
May 2017; Fanfare Beta Application Launch with 20,000 users.
August 2017; The official launch of Fanfare App.
October 2017; The Fanfare app reaches 150,000 downloads.
January 2018; The official launch of the Fanfare Brand Application.
February 2018; Preparation for ICO.
May 2018; Personal Sale begins.
July 2018; PreICO sales started.
September 2018; Crowdsale begins.
January 2019; The basic wallet should be upgraded.
March 2019; Complete Fanfare Wallet.
June 2019;Wallet integration to Fanfare platform functionality.
3Q 2020; Complete Fanfare eStore.
MEET THE TEAM
For more information, please visit the links below;
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.