Fanzee

Halal Rating :
Questionable
Last Price $0.00023 Last updated:
Rank 8197
1D Change 2.17 %
Market Cap -
Circulating supply 0
Maximum supply 2,100,000,000

Crypto Overview

Categories
  • DWF Labs Portfolio
  • Toncoin Ecosystem

Overview

Fanzee (FNZ) is a Web3 gaming platform designed to connect sports fans with gaming experiences, enabling fan engagement through various activities including predictions and fantasy sports. The platform aims to gamify the fan experience while integrating blockchain technology.

Purpose and Utility

The intended purpose of FNZ tokens is to serve as the native currency within the Fanzee ecosystem, enabling users to participate in fantasy sports, make predictions, and engage with sports-related content. The token is meant to facilitate transactions and rewards within the platform.

Business Model and Implementation

The platform's current implementation appears to heavily focus on sports predictions and fantasy sports activities. While some aspects of the platform involve legitimate fan engagement and rewards for participation, certain features like sports predictions could potentially function as gambling mechanisms depending on their specific implementation.

Development and Adoption

The project shows active development with regular updates to their platform. They have established partnerships with various sports organizations and teams, indicating some level of real-world adoption. However, detailed information about current active users and transaction volumes is limited.

Token Distribution

The token distribution information is not readily available in detail, making it difficult to assess the concentration of ownership among founders and early investors.

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