Football Fan: A Web3.0 app “empowering creators” with cryptocurrency and NFTs
As part of Bdaily’s latest feature week, The Business of Sport, we look at an “innovative” fan-driven app which aims to “empower creators” as it embraces Web 3.0 features.
Football Fan has devised a “unique” platform where content creators are in control of their work, in the true sense of the word. Football Fan app uses the Web 3.0 features to draw benefits for the content creators.
With the Football Fan app, creators can:
- Post content: The creators are treated with FanCoin rewards for posting their content on the app. The content can either be videos, podcasts or even photos.
- Become a football writer: The app gives the opportunity to writers and journalists to publish their football focussed articles and get rewarded with up to 1,000 FanCoin based on the quality of the article. This is done by granting access to the web-based CMS of the Football Fan platform.
- Democratise NFTs: The app allows the creators to convert content like pictures, podcasts, and videos into NFTs in less than 60 seconds and list them for their desired price in FanCoin on the app’s FanCoin marketplace. The app has “demystified” NFTs in a way that anyone can convert their owned content into NFTs and make them tradable collectibles with a tap of a button on the app.
Football Fan app was 314 per cent overfunded on Crowdcube last year by fans from around the world and has been growing consistently with over 25 million active engagements from hundreds of thousands of users. The vision to help creators with Web 3.0 features is ground breaking.
Speaking about the app, Amit Singh Rathore, founder and CEO of Football Fan, said: “The idea was to create a platform that helps everyone who relates to football and to reward users for their efforts. Platforms like Facebook, Instagram or Twitter don’t reward their userbase and are exploiting their content for their own benefit.
“We invented blockchain-secured FanCoin to liberate content creators and back it with a strong meaningful business case, unlike several meaningless digital currencies.
“What this means for the FanCoin holders is that they are in control with their FanCoin whether they want to bank them or redeem them on the app with several offers or exchange them on our partner exchange.”
By Matthew Neville – Correspondent, Bdaily
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