FanChain Cryptocurrency For Sports - Hot Now! [Learn How to Take Advantage of It]

SportsCastr Launches FanChain Cryptocurrency For Sports
SportsCastr, the live-streaming platform that lets fans comment during game telecasts, now launches FanChain, which lets sports fans earn and redeem tokens.

FanChain uses a version of blockchain built specifically for the sports business. On SportCastr, viewers can send broadcasters virtual gifts and tips. Those gifts can be redeemed for Fanz tokens.

“The rise of digital-first distribution platforms, social networking, live video and blockchain technology have all converged to pave the way for SportsCastr to thrive,” said Kevin April, CEO of SportsCastr.

“With the launch of FanChain, anyone can use SportsCastr to not only connect with a global network of like-minded sports fans, but to enter a new digital economy.”

The crypocurrency system give athletes, teams, leagues and media a way to promote and reward fans and for creating value.

The reward system is being supported through a partnership with FanWide, which helps fans find local game watch parties.

"Like bits on the streaming gaming platform Twitch, viewers will be able to use FanChain tokens to unlock premium content," April said.

"FanChain token can also be used to buy digital goods and sports memorabilia."

"The FanChain token has a unique combination of fungible and non-fungible characteristics that enables team loyalty to be embedded within individual tokens, which can be produced and transmitted across multiple platforms."

"The FanChain token is now available with a public sale tentatively planned for this September 28, 2019. Once FanChain is added to an exchange, fans will be able to exchange them for cash,” April added.