What Is fanC?
fanC integrates Web2 and Web3 technologies, connecting creators, users, and social platforms to enable content ownership and user participation in platform operations for profit-sharing. It aims to foster a new era of social AI platforms through participant interconnection, creator rights protection, and user engagement.
Mr. David Lee, CEO of fanC Foundation, brings a diverse background in Computer Engineering and Finance. He leads innovative projects leveraging blockchain technology and financial services.
fanC offers CELEBe, a rewards platform, and fanC Wallet for point conversion and virtual asset management, supporting various blockchains and offline payments.
fanC aims to link various social platforms with Web3, ensuring fair compensation for content creators and users, expanding the Web3 experience, and supporting the virtual asset market's growth. The project seeks to build a digital platform where users and creators can freely communicate and collaborate, enhancing digital experiences and creative activities while making social media interactions more meaningful and rewarding.
What Makes fanC Unique?
fanC has CELEBe and fanC Wallet.
CELEBe CELEBe is a short-form rewards platform that recognizes the value of viewers by allowing them to earn rewards while watching content. It features a pioneering Watch to Earn (W2E) system, the first of its kind in South Korea, where viewers earn points for watching short-form videos. CELEBe also offers CELPICK, a voting game, and Shortply, a curation service to be launched soon, aiming to create a sustainable ecosystem for both viewers and creators. With over 7.5 million members and a significant rise in engagement (app retention increased from 5% to 20% in a year), CELEBe is committed to fostering a vibrant community. The platform also supports a Create to Earn (C2E) model, rewarding creators and allowing point exchanges through the fanC Wallet.
fanC Wallet CELEBe points earned from participating in CELEBe activities can be convertible to fanC tokens through the fanC Wallet. fanC Wallet is a virtual asset wallet developed by fanC, providing storage for virtual assets, point swapping, Dapp, and 3rd Party app connectivity. It supports various blockchains, including Ethereum and fanC Token, and can store fanC Point, CELEBe Point, and DAEMDAEM Point (Tmoney).
The fanC Wallet offers a seamless environment for using tokens and points within the fanC ecosystem. Users can easily exchange tokens for points and utilize them for payments or discounts at affiliated locations. The wallet supports offline payments and discounts using tokens and points on mobile devices, with plans for expansion to PCs and other web browsers.
What are the completed milestones of fanC?
2021, Q1 - Q3
- fanC kicked-off
- CELEBe entered the Vietnamese market
- Established fanC Team infrastructure
- Released fanC White Paper and Roadmap V1.0
- Completed Stepping Stone's 'Celpporters' 1st phase: Supported creators with prizes and giveaways
2021, Q4
- Conducted an audit of fanC Token smart contract
- Developed Ethereum network-based NFT marketplace
- Developed Ethereum network-based NFT minting smart contract
2022, Q1
- Released the beta version of the Ethereum network-based NFT marketplace
- Launched the Ethereum network-based NFT minting service
- Launched the Connected Point system
- Stepping Stone 'Celpporters' 2nd phase: Supported the creation of 7,105 pieces of content and activities of 257 creators
2022, Q2
- Launched the fanC NFT marketplace 'fanCPlace'
- CELEBe entered the Thai market
- Stepping Stone 'Celpporters' 3rd phase: Supported the creation of 23,571 pieces of content and activities of 363 creators
2022, Q3
- Listed fanC on Singapore's MEXC
- Listed fanC on Huobi Global (HTX)
- Listed fanC on India's CoinDCX
- Launched fanC Mystery BOX
- Stepping Stone 'Celpporters' 4th phase: Supported the creation of 8,018 pieces of content and activities of 230 creators
- Conducted Stepping Stone's support program for individual creators through partnerships with MCN companies: Supported the creation of 13,089 pieces of content and activities of 106 creators
2023, Q1
- CELEBe entered the Indonesian market
- Listed fanC on LATOKEN
- Listed fanC on South Korea's Bithumb
2023, Q3
- Renewed CELEBe W2E
- CELEBe entered the Philippine market
- Listed fanC on the Philippine Coins.ph exchange
- Launched CELEBe on LG SmartTV platform WebOS
2023, Q4
- Launched fanC X DAEM DAEM point conversion service
- Introduced AI-based inappropriate content detection system
- Introduced AI-based system to detect fraudulent users' activity history
2024, Q1
- Established a partnership between CELEBe and Amazon India
- Established a partnership between CELEBe and Grab Indonesia
- Established a partnership and developed integration between CELEBe and TrueMoney Thailand
- Established a partnership between CELEBe and Grab Thailand
- Established a partnership between CELEBe and Lazada Thailand
- Established a partnership between CELEBe and 7-Eleven Philippines
- Established a partnership and developed integration between CELEBe and ZaloPay Vietnam
- Hosted a global meetup in the Philippines with fanC and Coins.ph
- Introduced AI-based content recommendation algorithm (customized content classification and recommendation system based on content themes and user history)
- Introduced AI-based content creator recommendation system (AI recommendation algorithm based on follow and video viewing history)
- Listed fanC on Indonesia's Indodax exchange
Where Can You Buy fanC?
Among the largest volume currently belongs to Bithumb, HTX, [MEXC] (https://coinmarketcap.com/exchanges/mexc/), [Indodax] (https://coinmarketcap.com/exchanges/indodax/), [Coins.ph] (https://coinmarketcap.com/exchanges/coins-pro/)