 | FansUnite (FAN)ICO  FansUnite Limited is a betting platform which was created to provide cheaper, more secure, verifiable and transparent betting. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenTechnical details
FAN Token is a functional token that is intended to be used on the FansUnite platform as in-game currency.
What is FansUnite
The FansUnite is a protocol for sports wagering of any ERC20 token using the Ethereum blockchain and InterPlanetary File System (IPFS). The resolution of wagers and the provision of event data is crowd-sourced by a decentralized network of oracles incentivized to provide low-latency and accurate sports data. The FansUnite Protocol will serve as the building blocks for decentralized applications (DApps) that span traditional bookmaking, betting exchanges, and a variety of other services reliant on sports data. DApps will function to charge fees, utilize their own tokens for betting, and be able to set market prices based on full market information transparently available on the blockchain. The FansUnite Protocol will provide the infrastructure to allow for parties to engage in sports wagering without the need for intermediaries.
The FansUnite Protocol will consist of a public library of smart contracts, standardized data structures for team and event information, and a token economy designed to incentivize the provisioning of fast and accurate sports data by a decentralized network of oracles.
DetailsSoft cap: 5,000,000USD (fiat)Hard cap: 12,000,000 USD(fiat) LegalBlockchain Platform: Ethereum | Token infoTicker: FANDividends: No dividends. Accepted currencies: ETH Token distribution: Token sale allocation: 50% Platform Development 25% Marketing 15% Legal & Accounting 5% Licenses 5% Business Development Token supply allocation: 50% Public Sale 28.6% Platform Supply Pool 11.4% Incentivisation 10% Tokens Witheld |
FansUnite Roadmap
Development.
Expansion of data science team and protocol design phase.
Protocol Announcement.
Release of White Paper and Business Brief.
Alpha Launch.
Launch Alpha for World Cup on Ethereum Test Network.
Token Sale.
Token generation event and public sale of FAN.
Gaming License.
Finalize gaming license from Gibraltar Gambling Commission.
Protocol Launch.
Release of Protocol on Ethereum Main Network.
Sportsbook DApp Launched.
Release of the FansUnite 1% Sports Betting DApp.
Governance.
Implement mechanisms to allow community to govern direction of the protocol.
Mobile Betting DApps.
Release Mobile Sports Betting DApp for iOS and Android.
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