FanChain Bags Exclusive Deal With FanWide as Its Official Cryptocurrency
Masterminds of FanChain, the decentralized sports ecosystem and cryptocurrency, SportsCastr, has announced that it has bagged a a three-year exclusive partnership with FanWide, the digital platform that helps out-of-market sports fans find local game watch parties and events.
Terms of the partnership will see FanWide take on SportsCastr’s FanChain token (FANZ) to provide cryptocurrency rewards to users, which can be redeemed for perks like merchandise, game tickets, and experiences within the FanWide platform.
FanWide is set to also reward its users to “go live” on SportsCastr from the hundreds of thousands of watch parties listed through its service.
SportsCastr CEO Kevin April said as the first third-party platform to support FanChain, FanWide is a powerful launchpad to expand outside of SportsCastr. This partnership will introduce FanChain to the world’s most passionate fans, and provide a pathway for FanChain to be accepted at the more than 10,000 sports bars and venues in FanWide’s database.
On their part FanWide said it is excited to join the FanChain ecosystem and reward its users with FANZ tokens whenever they attend a game watch party for their favorite team, said FanWide President and Founder Symon Perriman.
“As the world’s largest fan club network, we have been looking for a solution like FanChain to help us to continue to engage our fans, wherever they live or travel.”
FanWide is a free website and app that connects sports fans from every team in any city through in-person meetups organized by local fan clubs, while also managing the world’s largest database of those clubs.
Since launching in September 2016, FanWide has helped fans across the country connect by organizing and promoting more than 750,000 local watch parties via its platform. In addition to promoting existing in-person game watch parties, FanWide also develops new communities for over 1,250 professional, collegiate, and international teams.
“FanWide’s support of FanChain will allow our users to be rewarded for supporting their favorite teams and local businesses, through actions like ‘checking in’ to game watch parties. Looking forward, we can see many uses for FanChain on our platform, including in-person and online commerce, and the ability for fans to donate their tokens to a charity or cause, such as the Cliff Avril Family Foundation or their alumni associations.” said Cliff Avril, Former NFL Star and FanWide Advisor.