What Is Fanadise (FAN)?
Fanadise is an exclusive content platform that aims to monetize internet influencers for their social presence. Fanadise aims to bring interactions of internet influencers with followers to a whole new level.
The research found that in the past few years, all new outlets hid behind paywalls and got their fair share for the work they set into preparing the news, while the internet creators remained highly underpaid. Fanadise aims to change this and bring a social media revolution. The exclusive content is the one that is intended for the most dedicated fan. This fan gets the opportunity to see never-before-published pictures and videos and to have access to bonuses. These pictures or videos can be from backstage, things only close friends can see, unique moments in the form of NFTs, curated images, gifs, skins, filters, drops, chat, bonuses, and much more.
Fanadise is occupying the Metaverse with NFTs based on digital content. All content produced by the creators is claimed to be tied to NFTs. Fanadise allows fans to buy, stake, and sell non-fungible tokens (NFTs) from their favorite influencers, thus supporting them. Every time a fan resells the NFT, influencers also get a cut.
By leveraging blockchain technology, Fanadise decentralizes social media and tries to give content back to the creator and the people. Staking FAN tokens benefits users in various ways:
Staking FAN coins earn users a higher chance to draw an NFT. The longer these coins are staked, the more NFTs can be earned.
Moments of influencers are available to buy with these FAN tokens.
Staking FANs also provides liquidity and earns rewards in NFTs and FAN.
Subscription prices are also lowered while using FAN.
Another feature introduced by Fanadise is lottery burning and community burning, which happens on Wednesdays and Sundays, respectively, with up to 1 million burned tokens every week. Cryptocurrency burning is when a fraction of tokens is sent to a wallet with no private key. This means the tokens are lost. Tokens are usually burnt to reduce availability and increase market value.
History of Fanadise (FAN)
As per the#### whitepaper#### , the Fanadise version 1.1 was released in April 2020. Version 1.2 was released in June 2020. Bart Sibiga, a cofounder of Fanadise, has successfully launched many campaigns for companies like Samsung, Coca-Cola, Tik Tok, Alibaba, etc. Jakub Chmielniak, also a cofounder, has ten years of experience in the internet business.