The First Reflection Token Issued by a Renowned Company with a Clear Mission: Converting Intangible Qualities Into Tangible Value
- Introduction
During this era of the global pandemic, the traditional ways for artists, singers, influencers, movie stars (collectively called “idols”) to meet their fans or perform their shows in physical venues has been increasingly difficult. We live in a flat world; traditional settings limit the reach of the idols to their fans due to geographical constraints, such as the boundaries of cities or nations. Fan8 (“fan infinity”) is a platform designed to redress this issue by allowing idols to connect with their fans online anytime and anywhere with 2-way interactive video conference, just as they are in the same physical conference hall or theater. With Fan8, idols conduct real-time online talk shows, comedy, or musical concerts anywhere; and their fans can participate across the world online in real-time. Idols can sell tickets and receive monetary donations in real-time during the event from their audience. Fan8 is also a platform for artists to open and run their merchandise stores with physical goods or collectibles specific to themselves, even with non-fungible tokens (NFT).
Fan8 Token issued on the Binance Smart Chain is designed to empower all activities on the Fan8 platform. Developed by world-leading blockchain developers, cryptographers, research scientists, and experts from finance backgrounds, Fan8 tokens can be utilized as payments, gifts, and to raise membership levels. Fan8 will also tap into the entertainment world by providing a novel NFT marketplace where users will buy, sell, swap, and collect exclusive content. Best of all, Fan8 token holders will get 5% of the transaction amount on-chain applied directly to their wallets.
2. The Technology Platform
Fan8 is an integrated, comprehensive virtual event platform for real-time online entertainment broadcasting. Figure 1 depicts the general functionality of the Fan8 platform. Whatever artists can do in the physical venue, they can do the same on Fan8 online in real-time with global access anytime for their audiences. Whether it is a musical concert, a talk show, or a movie theater, they have everything covered. On top of that, the platform is able to handle ticket sales and real-time gift/money donation, as well as merchandise stores with physical goods and NFT. Millions of users can start experiencing an online event on fan8 now via this link:
Fan8 is an innovative social platform that enables Idols to accumulate and expand their social status in a new way. Fan8 helps Idols to create new programs by utilizing a faster, better, and smarter platform that reaches millions of fans. They will be able to make more money to support their own creative passions while still continuing to make a meaningful connection with their fans.
3. Fan8 Token
The Fan8 Token (“Fan8”) is the first reflection token issued by a renowned company with a clear mission.
The core element of the Fan8 ecosystem is the DeFi model, where holders will receive a 5% fee for each Fan8 token transaction. It is designed to ensure flexibility and control over the evolution of the platform by positioning it as the membership passport so that payments/donations to all of our various products and services coming on stream now and in the future will provide suitable rewards for our Fan8 token-holders (Figure 2). The Fan8 Tokens will be issued with a fixed amount of 888,888.00 tokens on the Binance Smart Chain. More information is listed on the smart contract located at: https://token.fan8.club, and our smart contract has been audited by the Techrate.org security firm.
The owner of Fan8 token can use the Fan8 platform to spur activities, promote platform transactions such as payment, gifts/donations, and NFT, in order to contribute to the platform’s growth and usability, such as the membership level. By holding Fan8 tokens, users are able to receive the following benefits:
- 5% fee of the total amount on each Fan8 transaction on-chain.
- Obtain a prestige membership level with a higher level of cashback.
- View a list of the artist’s own tokens. Idols who want to add their own token to Fan8 need to hold their own Fan8 tokens and pay the listing fee using Fan8 tokens.
4. Team
We are a team of world-leading experts known for building industry-first products and services that accelerate the blockchain for widespread mass adoption. We have developed Beowulf Blockchain — the pioneer of the decentralized cloud network for communication services which has already amassed millions of users and is currently providing immediately available solutions in many fields, including education, healthcare, finance, transportation, and e-commerce. We are also the technology provider behind many centralized exchanges in Singapore.
Founder
Dr. William H. Nguyen is currently the founder of Beowulf Blockchain and a serial entrepreneur with a history of successful ventures on the blockchain, and in communication technology, education, and computer/network/data security. Over the past 10 years, He has built many social networking platforms, cryptocurrency exchanges, on-demand video streaming, and communication applications serving tens of millions of users worldwide in the areas of business communication, media, education, and entertainment. William is the former Alfred P. Sloan Postdoctoral Fellow at Harvard Medical School. Before Harvard, he was the Institutional Doctoral Fellow in Computational Science at the Lawrence Livermore National Laboratory.
Chief Data Scientist
Dr. Sung Nguyen is serving as the Chief Data Scientist for the Beowulf Group. He previously worked at Google in 2005 — during the early days of Google Enterprise, now Google Cloud. Prior to Google, Sung worked at NASA (KSC), Lockheed Martin, and Borland Software. He authored various technical papers on software development, spoke at Boland Software International Conferences, and co-authored a Java development book published by Wiley and Sons in 2003. He earned his doctorate degree in Systems Engineering at George Washington University.