FrontFanz

Web3 Content Subscription Platform

FrontFanz Introduces a New Feature- Staking and Platform Points

We have been swamped the past few months. Working on our development, getting feedback on our platform and implementing changes, onboarding creators, running an airdrop and bounty campaign and now before the launch platform, we introduce our new staking and platform points systems.

FrontFanz — wo are we?

FrontFanz is a revolutionary, decentralized platform that offers content creators a safe and transparent way to create, share and monetize their content. FrontFanz breaks down the boundaries of censorship and demonetization, allowing creators to share their stories with their audiences in their way. The decentralized platform provides content creators with complete transparency while utilizing MATIC to process transactions quickly and at low costs.

$FANZ Staking

Now, holders can stake $FANZ token to accumulate platform points. These points provide users with premium access to the platform including VIP content, as well as discounts on videos, NFTs, and creator coins purchases. One point is earned for staking one $FANZ token per day. Points are lost once the user unstakes their $FANZ tokens unless the user locks their points and pays a 5% fee which is broken down below:

2.5% goes to the company wallet

1.25% is burned

1.25% is allocated to rewards

Holders are allowed to add more tokens to stake in order to earn more points at any time.

Why should you stake your $FANZ tokens?

Whilst the platform itself is not live yet, our staking system is already up and running, meaning, holders can stake their $FANZ tokens and start collecting their points early!

Points will give the following benefits to the users:

Discount on purchases made using $ETH.

To be eligible for platform-wide discounts the user will need to hold FANZ tokens on the FrontFanz platform. A user has to achieve a minimum points count to get certain discount levels. To maintain that level, the user will have to pay a 5% fee equivalent to the number of tokens held upon securing their membership level.

Raffle tickets for FrontFanz live events based on how many points a user holds. Live events will include :

• The FrontFanz official launch party.

• FrontFanz official photoshoots.

• Community gatherings and meet-ups.

• Themed parties (Halloween, Christmas, and other holidays and special celebrations).

Exclusive creator content catalog:

Creators will hold the right to decide which users with a certain amount of points can access their exclusive content.

Random $FANZ token and NFT airdrops

How will the points be calculated?

The points are calculated every day. Below are a couple of examples of how it will work:

а) A wallet that holds 100,000 tokens for 12 days = 1,200,000 points.

Then it increases to 130,000 tokens for 5 days = 650,000 + 1,200,000 = 1,850,000.

Now, if that wallet goes below 130,000 tokens it would lose its points. So if the user wants to lock their original points they would have to pay 5% from 130,000 which equates to 6500 tokens.

b) A wallet that holds 1,000,000 tokens for 12 days = 12,000,000 points, and then the user decides to lock their points and they must pay 5% from 1,000,000 = 50,000.

After locking the points, the user can reap the discount corresponding to their score which in the platform is governed by the membership level for as long as they continue to use the platform.

Understanding FrontFanz — Mission & Vision

FrontFanz has definitely been busy these past few months. Updates, sales, events, parties, competitions, and games — you name it. Right after coming out into the public eye, this revolutionary Web3 platform has made great strides in terms of growth, development and popularity.

With so much going on, though, it can be easy to get down to the basics. After all, FrontFanz always puts both the creator and the fan first, so naturally, so do the platform’s core values.

FronFanz — wo are we?

FrontFanz is a Web3 content subscription platform designed for any kind of content without unfair censorship, subjective demonetization, delayed payments, or any third-party limitations whatsoever. It’s a platform that takes the very best of Web3, completely leaving behind the known and ever-lasting restrictions of Web2.

Built on the Polygon (MATIC), FrontFanz utilizes the very best of this decentralized blockchain, known for offering incredible speed and low fees in terms of transactions. Not only that, but thanks to the extensive knowledge and experience of the founder Stacey Carlaa, FrontFanz is a platform built for creators by creators.

FrontFanz Mission & Vision

When we say that content creators and fans come first — we mean it. That’s the sole purpose, and goal really, of FrontFanz, to create a safe space for all creators worldwide, where everyone can share their passion for self-expression freely, without unfair, subjective censorship and unnecessary third-party intervention.

Our mission is to create the first video-sharing platform that allows all creators to produce their content, monetize their brand, and stay protected from de-platforming and demonetization. FrontFanz encourages creators to authentically engage with their audience without removing, restricting or changing the way creators and fans interact.

That’s why the platform offers a whole bouquet of perks and benefits that are readily accessible by both fans and creators. Not only that, but the native utility token FANZ allows users to truly experience everything that the platform has to offer — special discounts, offers, subscriptions, and more.

In continuing to benefit creators and their work as much as possible, FrontFanz has also introduced a new feature called Creators’ Coin. It’s a feature that allows creators to mint their own unique coin once certain requirements have been met. So the more popularity and recognition a creator gathers, the coin grows in value.

Finally, FrontFanz recognizes that self-expression has many different forms. That’s why we strived to create a platform which could accommodate a wide range of topics and themes. Currently, most of the content can be summed up into these categories:

Comedy.
Beauty.
Adult.
Gaming.
Travel.
Health & Fitness.
Lifestyle.
DIY (do-it-yourself)

In short, FrontFanz is a platform that prioritizes usability, security, intellectual freedom, equality, and functionality. By utilizing all of the benefits of Web3 and leaving behind the known limitations of Web2, FrontFanz is happy to say that we now have over 500 creators in our midst, with a total of +40M followers combined. This gives us both hope and pride as this proves that our vision and values are shared by a growing number of people all over the world!

TOKENOMICS

The circulating supply for FANZ will be 500,000,000. 25,000,000 tokens will be allocated to a strategic round, another 25,000,000 FANZ will be allocated to a private token sale and another 50,000,000 tokens will be used for the public IEO round.