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Frequently Asked Questions

This FAQ lists the most common questions asked about FanChain and its ecosystem. If your question is not listed, we recommended visiting our Telegram channel or sending an email to [email protected]

The FanChain Token (“FANZ”)

What is the relationship between SportsCastr and FanChain?

SportsCastr is the company developing FanChain. The same world-class team, advisors and resources behind SportsCastr are behind FanChain.

What official partnerships does the company have?

We have official partnerships with the NFL Players Association (who are also equity owners in the company), the WNBA Players Association, Stats, Inc. and FanWide.

Who are the company’s advisors?

On the business side: David Stern (Commissioner Emeritus of the NBA); Steve Smith (NBA All-Star and broadcaster); Jim Boeheim (Head Coach, Men’s Basketball, Syracuse); Charles Baker (Co-Chair, Sports, O’Melveny); Billy Owens (NBA legend); Vernon Davis (Superbowl Champion) and Eric Bechtel (President, Ideaquest).

On the blockchain side: Michael Terpin’s Transform; Peter Vessenes’s (former Chairman, Bitcoin Foundation) New Alchemy, BitBlock Capital and James Haft & Lou Kerner’s CryptoOracle.

What is the FanWallet?

As FanChain tokens are ERC20 compliant, the token will be compatible with and stored on standard Ethereum wallets such as MyEtherWallet. These wallets, however, will not recognize the team stamps. A FanWallet will be developed for the web, android and iOS devices. Unique functionality of the FanWallet includes:

  1. Visual breakdown of FanChain tokens by team
  2. Ability for users to select and send team specific tokens
  3. Ability for users to send specific stamped FanChain tokens to other users
  4. User will be able to see and consume offers available to those who hold specifically stamped tokens
Where can I earn and use FANZ?

The first two platforms to support FanChain are SportsCastr and FanWide. We are actively speaking with other sports entities, teams and leagues to integrate FanChain. You can begin using SportsCastr to earn FanChain today! Contact us if you are interested in joining the ecosystem.

How many FanChain tokens are there?

There are 600MM FanChain tokens ("FANZ"). The tokens have been deployed to the ethereum blockchain. 

What is the FanChain token’s ticker?

The token will be traded on exchanges under "FANZ"

Is the FanChain token secure?

The FanChain token has been audited by the global leader in blockchain security, Hosho. View the passing security report here.

What exchanges will FanChain be available on?

We currently have exchange listings secured on Liquid and LAToken. More exchange listings will be announced as they are secured.

Was there a FanChain token sale?

We elected not to do a public token sale.

What blockchain is FanChain built on?

FanChain is built on the Ethereum blockchain and the FANZ token is an advanced ERC20 token.

What wallets are compatible with FanChain?

FANZ can be stored on any ETH-compatible wallet. However, in order to view the "stamps" on individual tokens, a FanChain-aware wallet must be used. FanChain is developing both web and mobile wallets, and is working with third-party developers to include FanChain support into existing cryptocurrency wallets.

How is FANZ unique?

The FANZ token is unique in that it has the ability to include metadata within each token that can "stamp" each token with a specific team, league or sporting event. This opens up new possibilities for fan engagement and business intelligence.

Is the supply of FANZ fixed?

Yes, 600MM FANZ tokens have been minted and no new ones will be created.

How does a stamp get changed on a token?

Only whitelisted partners and platforms can change the stamp on tokens within their possession. This is done by utilizing FanChain’s DApp or RestFUL API.

What happens when I buy FANZ from an exchange?

When you buy FANZ from an exchange, you will receive FanChain tokens with a variety of team stamps (or, some tokens may be unstamped). The experience will be similar to buying a pack of baseball cards. You will then be able to trade FANZ stamped with one team for FANZ stamped with a different team on the FanExchange.