Fandifi Technology takes fan engagement to a new level with Gamification and NFTs

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Issuer: Goldinvest Consulting GmbH / Keyword(s): Cryptocurrency / Blockchain/Miscellaneous
20.04.2022 / 07:03
Only the publisher is responsible for the content of this announcement.

The astronomical salaries of athletes in Formula 1, the Premier League and now esports have a simple reason: these heroes inspire their fans around the world. Fans are the most loyal and motivated audience imaginable – pure marketing gold, even more so at live events. Because nothing captures the attention of the audience more than the unpredictable. Shared excitement ensures that social media heats up in sync with events. The size of this social communication is enormous and it almost creates its own event within the event. Fandifi Technology Corp. This is where (CSE: FDM; OTC: FDMSF, FRA: TQ43) comes in, giving fans opportunities to engage that was unthinkable until recently. Fandifi technology combines live event and social communication on any platform, including chat, betting, fan marketing and merchandising. Fandifi’s target customers are major platform providers such as NBA, NFL, NHL, MLB, major international football leagues, Esports and all streaming and streaming content.

Recently rebranded from Fandom Sports Media Corp, Fandifi offers an all-in-one solution to the industry’s established players, including monetization and “gamification” tools, and most recently even an integrated reward system in the form of NFTs (Non-Tradeable Tokens). ). In addition to scarves and jerseys, fans can earn NFTs – unique electronic items – in connection with their sports idol. Imagination has no limits. Recently, former German national football player Toni Kroos launched the NFT Mystery Box, where collectors can purchase a wide variety of memorabilia related to his career. The proceeds go to his charity foundation for sick children.

At the heart of Fandifi is a self-learning “engagement prediction engine” that recognizes recurring situations and automatically drives communication with specific questions. Does the fouled person take the penalty himself, shoot into which corner or hold the goalkeeper? Does Le Clrec’s Ferrari overtake at the end of the straight and make it?

Fandifi CEO and president David Vinokurov sees the automatic submission and addition of predictions for all types of streaming content, not just sports and esports, as a new megatrend. “All of our ongoing joint discussions have opened up new uses for consumers and manufacturers,” he says of conversations with interested parties. Gamification and reward engines will allow viewers to play and guess a wide range of their favorite live and recorded events and be rewarded for their participation in NFTs.

Fandifi’s website

Fandifi’s modular peer-to-peer (P2P) sports betting platform (www.fandomesports.gg) was launched in January 2022. The platform was launched, enabling the company to transition into an operational and revenue generating business.

The online platform and mobile app allow fans to place bets and make predictions to win prizes by interacting with real-time streaming and broadcast content such as sports and real-time events.

Users can follow and predict their favorite content using Fandifi’s Prediction Engine and place bets against their friends or the global community. The company’s motto is “Play, Guess and Reward”.

Fandomart – Fandifi NFT Marketplace

Fandifi has recently completed Fandomart (www.fandomart.com), an NFT marketplace where fans can coin, buy, sell, trade and store their NFTs.

Users will be able to create NFTs on the go and in real time, capturing moments of their favorite events while enjoying their streams, opening a new level of fan engagement.

Most importantly, Fandomart supports interoperability with other NFT exchanges, allowing users to share items across different platforms and protocols.

Gamification and Bounty Engine

Fandidfi’s development teams are currently finalizing the gamification and rewards engine, which is expected to be completed in the second quarter of 2022. Once launched, users will be able to follow live events and interact with other fans by making predictions, betting and playing games. Real-time NFTs – all in one platform.

At launch, Fandifi plans to offer certain monetization and customer acquisition opportunities to content providers and key industry players around the world. Potential partners may include streaming and streaming platforms, as well as some of the most popular social platforms.

Fandifi chose Polygon over Ethereum. In October 2021, it entered into a technology partnership with Polygon (formerly known as Matic), a blockchain framework that creates and connects Ethereum-compatible blockchain networks to support efficient and scalable mining in the NFT market.www.fandomart.com).

Fandifi tried several blockchain protocol organizations that could enable this capability, but eventually settled on Polygon. The platform matched the company’s vision for real-time NFT creation and trading.

Polygon is designed in such a way that the entire blockchain ecosystem cannot function as standalone silos. Instead, it functions as part of a wider interconnected spectrum. More importantly, the Polygon blockchain network is much faster than Ethereum and the network fees are also quite manageable.

Another reason to choose Polygon was that it already works with most of the major blockchain-based Web 3.0 games and NFT projects, including Decentraland, Opensea, and The Sandbox. Additionally, there are six times more games and NFT dApps (decentralized applications that use NFTs and run automatically via smart contracts) than any other blockchain other than Ethereum.

Sports NFTs market competes with traditional art market

In recent years, the global NFT market has grown rapidly. According to Chainalysis, a blockchain data analytics company, the market will reach approximately US$41 billion (C$51 billion) by 2021. NFT sales of traditional arts and antiques were $50 billion (C$ 62.7 billion) in 2020.

Launched in December 2017, OpenSea is an open-source, decentralized digital asset platform based on Ethereum blockchain technology. It is considered the largest NFT marketplace in the world and allows users to create, buy and sell NFTs on the go.

As of January 2022, the total valuation of OpenSea’s parent company, Ozone Networks, reached $13.3 billion (C$16.5 billion). In 2021, trading volume on the platform exceeded $14 billion (CAD 17.5 billion), representing 646% growth over the previous year.

Earlier this month, GameStop’s (NYSE:GME) highly anticipated NFT marketplace became available in beta mode. Launched in May 2021, the platform is based on Ethereum’s Loopring Technology zkRollup Layer2 (L2) protocol for cryptocurrency payment and trading services. GameStop aims to provide a low cost, fast and secure way for users to manage NFTs.

NFT companies sign billion-dollar deals

Last fall, Sorare, a France-based NFT startup, raised $680 million (C$755 million) in Europe’s largest Series B funding round to date, valuing the company by more than $4.3 billion ($5.4 billion), and Dapper Labs, the Vancouver-based NFT startup, has raised $250 million in its latest funding round, putting the company’s valuation at over $7.6 billion ($9.5 billion).

Sorare plans to use the proceeds to build its football-focused fantasy sports NFT platform and sign up for top 20 football leagues, while Dapper Labs plans to use the funds to improve user experience on its platform, develop new IP, and expand its Stream. blockchain. Dapper Labs is best known for developing NBA Top Shot, an NBA-focused NFT marketplace that allows users to buy and sell collectibles, and has recently signed an NFT deal with La Liga.

In January, NFL quarterback Tom Brady’s NFT platform Autograph.io received $170 million ($211 million) in a Series B funding round led by venture capital firms Andreessen Horowitz and Kleiner Perkins. Autograph features NFT collections from various sports and entertainment celebrities including The Weeknd, Naomi Osaka, Tiger Woods, Simone Biles, Tony Hawk and Usain Bolt.

In March, Immutable, an Australian-based NFT platform, raised $200 million ($252 million) in a Series C funding round, raising the startup’s valuation to over $2.5 billion ($3.1 billion). Immutable is best known for developing NFT-based games like Gods Unchained and Guild of Guardians, as well as Ethereum scaling infrastructure platform Immutable X (IMX). Immutable plans to use the proceeds to expand its operations outside of Australia and to finance possible mergers and acquisitions.

Fandifi Technologies’ strategy

Fandifi aims to capitalize on the current trend of NFTs and build its platform with unique NFTs at the intersection of live streaming, Esports and sports. With the company’s innovative predictive technologies, the market will have a certain benefit across a range of content platforms.

Summary: Fandifi Technology Corp. It is currently trading at C$0.22 and has a market cap of just under C$20 million. If the company manages to deploy its technology on one or several well-known platforms, Fandifi could hit millions of viewers almost overnight. Technology is opening up new forms of event-driven social communication in an increasingly fast-paced world of marketing. Fandifi’s growth can therefore be explosive. For the share price, it may be enough for the company’s name to be discovered during the current hype about NFTs in the US. We highly recommend checking out Fandifi’s latest corporate rollout for more details: https://www.fandifi.com/public/Presentation.pdf

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We would like to point out that pursuant to §34b WpHG and 48f paragraph 5 BörseG (Austria), partners, authors and/or employees of GOLDINVEST Consulting GmbH may own shares of Fandifi Technologies and there may therefore be a conflict of interest. We cannot ignore that other stock letters, media or research firms discussed the stocks we discussed in the same period. Therefore, symmetrical knowledge and idea generation can take place in this period. In addition, there is a consulting or other service contract between GOLDINVEST Consulting GmbH and Fandifi Technologies; this means that there is a conflict of interest, in particular as Fandifi Technologies pays GOLDINVEST Consulting GmbH to report on Fandifi Technologies. This is another conflict of interest.

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