What to know about the FNZ token
We know that fanzee is a developing web3 platform which aims to vastly increase the engagement amongst sport fans and the Sports and entertainment organisations by creating a direct connection through fan journeys that are backed up advanced game mechanics such as NFTs, fantasy gaming and club tokens.
The fanzee token symbol is FNZ and it will be used for your fan journey on the fanzee platform.
It was announced that the DEX in which FNZ will be listed on is STON.fi, everyone will be able to purchase FNZ for Toncoin. A little treat as some lucky winners have been randomly selected and gifted allocations.
So what is the utility of the fanzee token you may ask. FNZ holders will of course be very much able to earn mouth watering rewards from the staking of token on the platform and all payments will be made from the proceeds from the distribution and sale of fanzee token and other operations on the fanzee platform.
Fanzee partner clubs will also be able to supply their own tokens to connect with their fan base. Fanzee partner clubs will have to burn FNZ to be able to achieve this. At the launch, clubs will be able to mint 5 club tokens for 1FNZ. Now, an increase in the number of clubs and club tokens means that the amount of FNZ will be reduced and therefore it will power coin price to grow.
With all the revenue which is being originated through the sales of club token and merch, a significant portion of FNZ could be purchased from the market to be staked or be burnt which will therefore decrease the flowing supply of FNZ by reducing the available number of FNZ tokens, the value will slowly increase.
Do you know that you can get access to exclusive content. Fanzee users will not only be able to trade tokens of their favourite clubs but will also enjoy the unique and special features of the platform. You can pay for accessibility to merchandise and exclusive contents.
You can participate in voting and making decisions on the development of fanzee protocol. You can also chirp in your opinion on the allotment of commissions that go to reward stakeholders, all you need to do is have sufficient FNZ token available.
There is an eruption of excitement of what is to come, Tonstarter choose the best and is giving us the opportunity of a lifetime
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