For those who have spent idle afternoons commenting on sports and player performances can now earn cryptocurrency as SportsCastr will now facilitate rewarding of FANZ tokens for valuable inputs on the channel.
SportsCastr is a platform for sports enthusiasts who love to broadcast their views on a live streaming platform. On Sep 17, it announced the official roll-out of FanChain, an Ethereum blockchain-based platform that rewards sports fanatics with its native token, called FANZ, in exchange for their live comments during a game telecast.
Love sports? Earn cryptocurrency!
After a year of research and development, SportsCastr has launched a dream-come-true platform for the ardent sports fans by empowering them with a chance to earn cryptocurrency called FANZ and redeem it with virtual gifts and gratuities.
Besides that, the distributed ledger technology (DLT) platform is on a mission to promote more extensive adoption of blockchain in the sports domain. It is offering DLT-supportive tools to media companies and sports team for seamless integration of the technology into their systems.
Kevin April, CEO of SportsCastr, commented on the unprecedented move. The emergence of digital distribution platforms, social media channels, and live streaming has fostered the growth of the likes of SportsCastr that thrives on digital technology. With this move, we are giving it back to the technology that we owe our success to. FanChain will not only bring the sports enthusiasts from across the globe closer but also a digital economy to the multi-billion dollar industry, he remarks.
Bringing the sports world closer together
Although thriving, the epic-sized industry is significantly fragmented. Thus, FanChain aims to bring industry experts together through digitally stamped and trackable tokens for the use of athletes, leagues, and media companies. It offers a decentralized application and wallet for integration by third parties.
During the live broadcast of a game, spectators can tip their preferred broadcasters and in return, get rewarded with FANZ tokens for being loyal and invaluable commentators. One can then log on to LATOKEN, a popular cryptocurrency trading platform, and sell these collected FANZ tokens, thanks to the SportsCastr’s recent partnership with LATOKEN.
In another strategic move, SportsCastr collaborated with America’s largest network for sports fans, FanWide that allows sports fans to attend local game watch parties or sports gatherings. With FanChain’s integration into the sports ecosystem, the fans get a chance to earn cryptocurrency by merely attending these gatherings.
Now that’s what you call fledgling technologies gaining traction in the real world!