Copy link
Increase text size
Decrease text size
Link copied

SportsCastr to reward viewers with own cryptocurrency 'FanChain'

Image by SportsCastr powered by FanChain from YouTube

Thu, 23 Jan 2020, 10:17 am UTC

Live streaming platform SportsCastr has launched its own cryptocurrency called FanChain (FANZ), the company announced on Wednesday.

The token has been launched on FanWide, a digital platform for fan clubs that helps sports fans find the closest game watch party for their favorite team at a local bar. The platform has promoted over 1.5 watch parties and has partnered with multiple professional sports teams and their fan clubs from NFL, NBA, Rugby League, European soccer leagues and more.

Sports fans would now be able to earn FANZ tokens for checking into viewing parties at thousands of sports bars across the U.S. The token could also be redeemed for cash via SportsCastr’s FanWallet.

Kevin April, CEO of SportsCastr, said that the rollout represents “one of the largest real-world deployments of blockchain in fandom” and they are just getting started, so more can be expected in the future.

“Fans are always seeking new ways to show their team pride, and now they can earn rewards for watching their teams and supporting local businesses,” said Symon Perriman, CEO and Founder of FanWide. “This partnership is great for fans, great for venues, and great for the world of crypto.”

SportsCastr and FanWide intend to work with local bars and venues to accept FANZ tokens in exchange for discounts, drinks, and other rewards. In addition, FanWide will be integrating SportsCastr’s live streaming technology to allow fans to go live from viewing parties.

In August 2018, the National Football League Players Association (NFLPA) acquired a minority stake in SportsCastr through OneTeam Collective. Through the said partnership, NFL players could use the live-streaming platform to provide live commentary or share their opinion across a wide range of sports. Fans can also view unfiltered live-video straight from their favorite NFL players, interact with NFL players via chat and show their appreciation via virtual gifts.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $9,788.54 (-1.24%)
  • Ethereum (ETH) $253.70 (-5.25%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $404.48 (-8.60%)
  • Bitcoin SV (BSV) $276.84 (-12.81%)
  • Bitcoin (BTC) $9,788.54 (-1.24%)
Feb 14, 2020 (Friday)
13:11
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
13:11
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
12:24
Israel’s stock exchange partners with Edinburgh-based startup for its Blockchain Securities Lending platform
11:48
Blockchain insurance startup B3i completes 30 reinsurance contracts on its platform
11:47
Crypto Technicals: TRON (TRX) confirms 'Golden Cross' on the daily charts, eyes 61.8% Fib at 0.0297
11:04
Crypto investment firm Galaxy Digital lays off 15% of its workforce
10:18
Circle now seeks to sell off crowdfunding unit SeedInvest: Report
09:47
SBI Crypto enters into blockchain cooperation partnership with Northern Data
09:25
Wells Fargo invests $5M in crypto monitoring firm Elliptic
09:01
Crypto Technicals: XRP/USD pauses at 0.34 handle, consolidation likely before next leg higher
07:37
Election Commission of India looks to blockchain to tackle lost votes
06:26
Crypto Technicals: 'Spinning Top' dents upside in ETH/USD, technical bias remains bullish
06:20
Crypto lending startup BlockFi secures $30M in Series B financing
05:20
Crypto Technicals: BTC/USD holds above 10,000 mark, trades rangebound at 5-DMA support
04:53
IOTA Foundation investigates fund theft in Trinity wallet
Feb 13, 2020 (Thursday)
12:20
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
12:19
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
12:19
U.S. Treasury Department’s FinCEN working on new crypto regulations
11:47
Defense contractor BAE Systems is hiring ‘cryptocurrency exploiters’
11:07
DTCC calls for industry consortium and comprehensive framework to address DLT security risks
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft