FANANCE CLUB
  • About Fanance Club
  • FAQs
  • White Paper
  • Tokenomics
    • $FANC Tokenomics
  • Features/Utilities
    • User Flow & Utilities
    • How to Buy and Sell $FANC
    • Stake FANC- ADA LP
    • Buy, Sell or Stake Player's Tokens
      • Initial Star Offerings (ISO)
      • Stake PLAYER –FANC LP Token
      • BUY or SELL Player’s Token:
  • PLAYER'S NFT
  • Prediction Market
  • How Player's Real-Performance is linked to APYs
  • Road MAP
Powered by GitBook
On this page

Was this helpful?

PLAYER'S NFT

For every player market launch, an NFT of the player will be minted.

During the Same ISO time Window, respective NFT will also be launched with a base price in $FANC and is open for bidding auction. When the ISO window closes, the auction bidding also gets closed and the highest bidder will become the owner of that Player’s NFT.

Once the Bidding closes, the Winner will be given a specified time to transfer the bid FANC and the ownership will automatically be transferred via smart contract. If the winner fails to do the transaction within a defined time, the next highest bidder will be considered.

These NFTs can also be sold to another party via Fanance club platform or other 3rd party NFT marketplace

The NFT Owner enjoys the benefit of the Players transaction fee and farm Player’s APYs without the need to stake LP tokens until he possesses ownership of the NFT.

For Player’s Transactions (Buy/Sell PLAYERS, Stake & Unstake PLAYER_FANC LP):

10% of transaction fees for Player’s NFT owner (only for that particular player’s transaction)

PreviousBUY or SELL Player’s Token:NextPrediction Market

Last updated 3 years ago

Was this helpful?