- The Fans Token (FANS) aims to capture the power of influencers and reward fans for demonstrating their fandom through activities like watching content or participating in events.
- 300 million FANS tokens will be distributed, with 50% going to co-founders who are pioneering influencers, 30% to a QR code mining program, and 10% to community development.
- FANS can be used to purchase digital collectibles (NFTs) of influencers, gain rewards and privileges, participate in mini-games, and vote on influencer polls. NFTs will be tradable on a marketplace and provide real-world benefits.
2. FANS
Symbolized as FANS
QR Code Mining
Earn for FREE by scanning QR codes
300M
300 million tokens supply
Digital Collectibles (NFTs)
Use to buy digital collectibles
Proof of Fan
Reward true fandom and loyalty
More Utilities
Stake, reward redemption, vote, mini-games and more
1
Fans Token
Fans Token Lightpaper
3. 1 - The ERC-20 Token – FANS
• Concept Introduction
• Tokenomics and Distribution
• Utilities
2 - Digital Collectibles (NFTs)
• Fans Token and NFTs Ecosystem
• NFTs Marketplace
3 - Bitkub Chain
It is important to note that this is an overview of the system.
More specific information can be found within the whitepaper
or through the development team.
This lightpaper is
designed to
summarize the
key components
of the
2
Fans Token
Fans Token Lightpaper
4. The Fans Token, formally symbolized as FANS, is designed to capture the power of
influencers and reward the fans who helped to create it. To earn a Fans Token, fans must
demonstrate their fandom through various activities, ranging from watching influencers’
content to participating in events; this system is called “Proof-of-Fan”.
The Fans Token is an ERC-20 – part of an endless digital universe. It
is a social token, designed to show fan loyalty and their importance
to an influencer. It should measure the level of fandom and
represent the lengths a fan is willing to go to support their
influencer. As such, receipt of these tokens is only one way of
proving fan dedication. The system enables true fans to emerge and
stand out from the rest through digital collectibles.
The Fans Token is designed to allow
endless creativity to be added to it. One
day, a true fan will have the ability to make
an impact on their influencer’s creative
decisions.
Introducing
the Fans Token
Fans Token Lightpaper
3
5. & Distribution
Tokenomics
Fans Token Lightpaper
4
Fans Token
300M
50% - Co-Founders (150M)
30% - QR Mining (90M)
10% - Community Development (30M)
5% - Airdrop Events (15M)
5% - Developer Team (15M)
Fans Proportion 300M
Co-Founders
QR Mining
Community
Development
Airdrop Events
Developer
Team
150 M 50%
Lock up for 1 year after launch (Q2 2021);
vesting every month equally for 24 months or
6.25M each month
90 M 30%
Distribute over 3 years; 54M in 1st year; 27M in
2nd year; 9M in 3rd year
30 M 10%
Distribute over 3 years; to create awareness
and sustain engagement
15 M 5%
Airdrop Fans Token for special events –
decided by Co-Founders and Developer Team
15 M 5%
Lock up for 1 year after launch (Q2 2021);
vesting every month equally for 24 months or
0.625M each month
Amount % of Total Release Schedule
6. Fans Token Lightpaper
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Token distribution will focus on empowering the fans to achieve sustainable engagement.
The tokens will be heavily distributed during the first cycle, gradually decreasing until the final
cycle. This will build awareness during the launch while ensuring sufficient circulating supply
for fan activities and the digital collectibles market. Whether the tokens are distributed
through social media, merchandising or fan participation is entirely up to the influencer.
Through this method, we hope to achieve a “Proof-of-Fan” model.
The influencers will be able to identify a large contributor and
distribute the tokens accordingly. The more dedicated the fan, the
more likely they are to earn FANS through this model.
& Distribution
Tokenomics
7. Fans Token Lightpaper
6
The “Co-Founders” pool is allocated to the
five founding influencers, Bie The Ska,
Kaykai Salaider, Pleum VRZO, Kyutae Oppa
and SpriteDer SPD, pioneers who tokenize
their influences and popularity. The pool
will be locked for one year after launch
and vested every month equally for 24
months. After that, it can be distributed to
their fans or sold on the market. In the
future, the influencers can lock the Fans
Token as collateral to create their own
individual branded token.
& Distribution
Tokenomics
Kaykai Salaider
Kyutae Oppa
Pleum VRZO
Bie The Ska
SpriteDer SPD
8. 1
st
year
Per cycles
Total of 12 cycle
4.5M Per cycles
Total of 12 cycle
2
nd
year
2.25M Per cycles
Total of 12 cycle
3
rd
year
750k
The “QR Mining” pool will be used to distribute the Fans Token through a QR code system
accessible to white-listed influencers in the network. Fans can just scan the QR code in the
influencers’ social media content or event and receive FREE Fans Tokens. The earlier fans
scan, the more Fans Tokens they will receive. The tokens will be distributed over a 3-year
period, in 36 cycles; each cycle represents a month.
4,500,000 Fans Tokens per cycle for the first year (12 cycles); 2,250,000 Fans Token per cycle
for the second year; 750,000 Fans Tokens per cycle for the third year (QR Mining diagram).
Fans Token Lightpaper
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& Distribution
Tokenomics
The “Community Development” pool will
be used to enhance the fan’s experience.
This may include bonus programs and
mini-games – fans can have fun while
earning FREE Fans Tokens.
The “Airdrop Event” pool will be used to
create awareness during the launch with
privilege events or an Easter Egg Hunt.
The “Developer Team” pool will be
provided for the dedicated team working
relentlessly to implement and
continuously improve the project. It will
also be locked up for a year and vesting
every month equally for 24 months.
9. Utilities
Buy & Auction Digital Collectibles
(NFTs) & Gashapon
Buy influencers’ digital collectibles with Fans
Token
Privileges & Rewards
Use Fans Tokens to gain access to exclusive
rewards from the influencers and boast about
your fandom within the community
Join Mini-games
Use Fans Tokens to join various mini-games
and earn rewards
Bonus Program
Lock your Fans Token for certain periods of
time to gain more, and receive unique digital
collectibles (NFTs) and other rewards
Vote for Influencers’ polls
Cast your Fans Token to vote for influencers’
polls to influence their decisions and contents
Governance
Use Fans Tokens to govern the direction of
Fans Token network development, including
giving approval for new influencers to join
Fans Token Lightpaper
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10. Digital Collectibles
(NFTs) as another
level of FAN
The digital asset collection is the first feature to allow direct interaction between influencers
and fans. The model is very simple. The influencer creates collectible digital cards and the
fan’s mission is simply to collect as many as possible. With blockchain technology, fans can
check exactly who made the card! If in any doubt about whether the cards are real or fake, the
fan can just check who created the card. The influencer’s ID is unique and verifiable by every
single user, so no cheating!
The main objective is to complete the creator’s digital collection. Fans who
manage to complete these collections will be rewarded with exclusive
prizes directly from the influencer.
What’s more, these cards also have many unique properties. The rarer the
card, the more fan power it has! Fan power can be used in leaderboards,
completing quests and many more features in the future.
Fans Token Lightpaper
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11. Over recent decades, we have already become familiar with online marketplaces, where
physical assets like shoes, clothes or gadgets can be bought and sold. Similarly, the NFTs
marketplace is the place to go for anything digital (or tokenized real-world physical items like
artwork or merchandize), starting with the Fans Token universe. Here, Fans Token can be
used to purchase different digital collectibles, just like the baseball cards of the past. By
owning the influencers’ digital collectibles, fans are entitled to certain privileges and exclusive
benefits. These collectibles can be redeemed for physical rewards like limited-edition t-shirts
or exclusive rights such as visiting an influencer’s studio for a day or even participating in
content together. Alternatively, fans can just collect these digital cards and boast about their
fandom.
One day, users might be able to post digital fan art directly to their
favorite influencer. It will become a marketplace for all things digital
and non-fungible.
Marketplace
NFTs
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Fans Token Lightpaper
12. Non-fungibility is important here. The underlying technology of the “Non-Fungible Token” as
an asset in this marketplace means that each token has its own unique properties and
features specific to its own and is not mutually interchangeable. It should be highlighted that
the NFTs marketplace is not the same as cryptocurrency exchange platforms, where fungible
tokens like Bitcoin, Ethereum and the Fans Token itself can be traded.
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Fans Token Lightpaper
Marketplace
NFTs
13. NFTs Ecosystem
Fans Token &
Fans Token
QR Code Mining
Achievement Badge
Achievement Badge
NFTs Marketplace
• Buy/Sell NFTs
• Open Packs/Gachapon
• Auction NFTs
NFTs Marketplace
• Buy/Sell NFTs
• Open Packs/Gachapon
• Auction NFTs
Purchase with
Fans Token
DeFi (Future)
DeFi (Future)
Exchange FANS with THB
or other Crypto Currencies
Exchange FANS with THB
or other Crypto Currencies
Bonus Program
Bonus Program
Rewards & Privileges
Rewards & Privileges
Votes & Governance
Votes & Governance
Mini Game
Mini Game
Complete Collection
Complete Collection
NFTs
Fans Token Lightpaper
Influencers
Fans
12
Fans Token as
Revenues
14. Chain
Bitkub
Fans Token and NFTs will be deployed on the Bitkub Chain,
developed by Bitkub Blockchain Technology Co., Ltd. As a
technology provider, Bitkub envisions the chain providing an
affordable and scalable infrastructure solution, while aiming to
balance transparency and security.
Running on the Bitkub Chain will ensure affordable, high
performance and secure distribution of Fans Token and NFTs to
mass users.
Fans Token Lightpaper
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15. Co-Founders
Technology powered by
Bitkub Blockchain Technology Co.,Ltd.
Fans Token Lightpaper
Kaykai Salaider
SpriteDer SPD
Pleum VRZO
Kyutae Oppa
Bie The Ska