AMA Recap 404 Daily Crypto with FanCircle
Hello 404 Daily Crypto Community
On 5th July 2021, Fancircle conducted an AMA in the 404 Daily Crypto. Our guest is Fancircle team.
Lots of questions as usual from the Community about Fancircle progress. Fancircle team took part in a very interesting AMA session which included Project introduction, Questions from live AMA session with the 404 Daily Crypto community. If you missed the AMA in person, read this recap for a deeper insight into Fancircle.
Let’s take a look at the most interesting points of our conversation
Opening
Can you introduce yourself and your team please? We want get to know you and your team. What you did before crypto, and how you got into crypto?
Hello myself Rakesh (Marketing Head) From Team Fancircle. I was a professional journalist and i am to crypto industry from last 6 years. Actually, this is my third project. I started to get know cryptocurrency about 10 years before, by starting mining Bitcoins, and i meet with crypto future in a blogspot about crypto. From that time, i decided that we have to make something big, especially for the community!
Introduction
Can you briefly describe what is FanCircle? We would like to know more about it and how it works.
Fancircle.live is a decentralized fantasy sports platform.Fancircle is built on Binance SmartChain Platform.
Fancircle is a Game of Skill where
you create a team of real players
for an upcoming sport leagues match
and compete with other fans to win
big prizes. Your team earns points based on your players’ performances in the reallife match, Leaderboard is generated
as per the aggregate points scored
by all the players in the fantasy
team. The participant topping the
leaderboard after adding up scores
in each contest is determined to be
the winner
How was the idea to create this project born? It is very interesting.
What do you want to achieve?What are your expectations?
Idea for creating this project born when our ceo research in Fantasy sports markets and their uses .
Let me tell you some research according to allied market research fantasy sports market expected to reach 48.6 billion by 2027 but in my views I can see these figures by 2024 or earlier .
In our research firstly we have a target to make ecosystem stronger and stronger by doing partnership and promotion of Fancircle and we want to be a global leader in Fantasy Gaming world.
Can you give an overview of FanCircle Token tokenomics?
Will the design of the token rise and fall with the success of the platform,does it include any scarce paths,such as equity, storage or burning?
For All information about tokenomics and Token Distribution you can check our Whitepaper
Link — https://fancircle.live/wp-content/uploads/2021/07/Fancircle-Litepaper-v1.pdf
Could you please provide some progress on your Roadmap and what results FanCircle has achieved so far ? And any sneak peek into 2021 plans for FanCircle?
As we planned our roadmap
In June we promise for Reward program we already done Airdrop for our community.
We already launched our litepaper
Our upcoming Cex Listing also confirmed on P2PB2B exchange.
In July we are following the same and will release our app prototype soon and by end of July app beta testing registration will start.
Check our website for all Roadmap Details :- FanCircle.live
what you think the future of Fantasy Sports Market in upcoming year?
Let me tell you some research according to allied market research fantasy sports market expected to reach 48.6 billion by 2027 but in my views I can see these figures by 2024 or earlier .
In our research firstly we have a target to make ecosystem stronger and stronger by doing partnership and promotion of Fancircle and we want to be a global leader in Fantasy Gaming world.
And hopefully it will increase more in upcoming future
What is the plan FanCircle to ensure sufficient liquidity on exchanges to fill market orders, especially as adoption increases and clients begin multiplying year-over-year ?
Well this is the very important question. And here is the answer for this. We already planned our Token Distribution Model And we have made all the planning so that we can steer the fancircle in the right direction.
also you can check our litepaper for all information — https://fancircle.live/wp-content/uploads/2021/07/Fancircle-Litepaper-v1.pdf
Live AMA
From Twitter username @arikdiyas
I Love STAKING & will always be interested in the Staking where investors get passive income from Staking, so what are the Staking Pool pairs at fancircle? What makes the Staking fancircle ecosystem more attractive to investors & connoisseurs of the Staking ecosystem like me?
Just a simple Answer in your FANC wallet.
Pool pairs for $FANC token in starting
FANC/BNB, FANC/BUSD and also some pairs with partner project will be added and more pairs in Future.
FANC will provide high and best staking rewards for their community that’s why we put 30% of our total supply in staking rewards and also holding and staking of FANC will be interesting for investors because all stakers will receive some bonus every month as per their holding more details we will share soon.
Our main target is to satisfy our valuable users. So our team is committed to do everything possibility for user friendly
From Twitter username @SoomikaBahadur
What security & transparency model will your project implement to demonstrate to its users that donations are made in a transparent & fair way? Will the community have the role of proposing & voting for charity proposals of their choice?
First A Fall sorry for that but we are not focusing for donations to any community for now because we are focusing in our Ecosystem and in that we didn’t planned any type of donations. We are just fully focused to our truly Ecosystem.
From Twitter username @Crypto_Spy_1
what I know from the litepaper that fanCircle is decentralized fantasy sports platform. explain this more clearly, and in order to run a project a partnership is needed, what are the current and future plans for the partnership?
Fancircle.Live is a world’s first Blockchain Based
Fantasy Sports Platform where you
can play with your skills and
knowledge and earn real money.
As I previously mentioned we already touch in many companies and communities for strategic partnerships future support.
For now currently we done partnership with P2PB2B exchange for our IEO more details will be provided in our channel and Twitter on 10th July because of policies.
And future planning are, planning to collaborate with sports clubs , sports person in every games of sports like for cricket, football, basketball and much more.
From Twitter username @BagusIra86
Many projects are just projects that make deceptive promises created by cloning existing ones and are similar to existing ones. Do you have features that are unique to you, that you have developed and that make you special?
See we don’t think what happened with many other projects but i can tell you about Fancircle.live We are special one because we are the first Fantasy gaming platform on BSC network. We are focusing in developing our own app for FANC token in that players can play fantasy sports , Join Contest , Buy Tokens , Store their tokens and stake their FANC token to yield extra return.
From Twitter username @Aliandosyarif09
On which types of Industries & user base FANC Token project is mainly focusing on?Do you plan to establish partnerships with local cryptocurrency developers in each country to make the use of $FANC more global?
We are targeting on E-sport industry and we are focusing on people’s that want to earn money in a fun way.
Yes we are planning to partnership with local cryptocurrency developers in each country to make the use of $FANC Globally and we already send some partnership offers to Developers and communities from different countries that help us to make FanCircle a global leader in Fantasy Sport.
See our private sale registration is ongoing. Only for limited participants. If you want grab $FANC kindly visit to our official telegram channel. And get the dip early.
🥳 FanCircle Private Sale Registration Is live now
✅Go and fill the form for eligible in Private sale
✅ Fill Form- https://forms.gle/jH2wNGWJ1rDRvghS6
🥳All winners will receive 600$ allocation fixed.
🔸Private sale price: 0.01$
▶️Private sale form closed: 6th July 10am UTC
▶️Winner announced: 6th July 2PM UTC
▶️Private sale date: 7th July 13PMUTC
RULES :-
You Must need to hold minimum 50$ worth BNB or BUSD in your wallet to be eligibal for Private Sale.
✴️For More Information -
🔸Twitter- twitter.com/FanCirclelive
🔸Telegram- t.me/fancircle_officialchat
🔸Website- FanCircle.live
From Telegram username @immmmmsms
Whats the total supply of the token ? Could you share a detailed tokenomics and token’s supply distribution?!?
Please check our tokenomics in our website
From Telegram username @Cr_Drops
Researching on your website, I am amazed that Fan circle has literally an actual use case and it’s a real business
Which is great ! But how will your project dealt with regulatory issues or other limits when it comes to bridging the gap between cryptocurrencies and real-world business ? When did you start tokenizing your business, and why did you decide to make Fan cricle out of it ?
Please check our litepaper everything is given there
From Telegram username @Baba_140
How do you think the FanCirclelive case team can overcome all the regulations that countries have? Do you plan to cover the whole market or focus only on a certain group of countries?
Right now our planning for globally
From Telegram username @Capt_Star1
Token burn is important for investors, do you have any plan burn or buy back?
ou can be active on our announcement channel. Will announce everything there with all details
From Telegram username @Ruttieee
In your Tokenomics you allocated 5000000 $FANC for Airdrop, can you please share more details about your Airdrop event, do you have any one running currently? Where can I Join?
Sorry. We already did 2 airdrops. For now it’s over
More Information
FanCircle
► Telegram http://t.me/fancircle_officialchat
► Twitter http://twitter.com/FanCirclelive
► Website http://fancircle.live/
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