TI Rating Report: fanC

TI Research

CELEBe is a short-form content platform which launched in January 2020. The fanC project as well as the utility token, $FANC, is a blockchain spin-off of CELEBe.

The CELEBe platform aims to provide global users with K-Content (content about K-Culture). Any user can become a creator (Celeb) on CELEBe by uploading content. Creators can use internal revenue programs to support their content creation and production activities without having to search for sponsors.

The fanC ecosystem aims to establish a "creator economy" and provide new services to users with NFT technology that reinforces the user-rewarding system. It's now mainly operating the "Stepping Stone" service, which aims to help unknown artists in Korea and build a sustainable NFT creative ecosystem, and fandom NFT service, which connects the fan economy with NFT transactions.

$FANC is an ERC20 token of the fanC ecosystem. $FANC is the utility token that allows creators and users to experience the Watch-to-Earn & Create-to-Earn ecosystem. It could be used as the means of payment for content and NFT within the ecosystem, and could also be swapped with Connected Point (CP), which is an integrated mileage point earned by users through activities on the CELEBe platform.

TokenInsight gives fanC a rating of CCC, with a stable outlook.

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TokenInsight is a data and research organization for the digital asset market. TI provides comprehensive asset-related data and comprehensive and timely information and research services for digital assets.

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