FrontFanz Public Sale Details
Hello everyone and welcome to Synapse’s latest project announcement.
We are proud to reveal our collaboration with FrontFanz, a Web3 subscription platform that offers cutting-edge live stream and video subscription features, in a bid to offer a better alternative to the many already existing subscription services that have become more and more predatory with each passing year.
The FrontFanz platform uses $FANX as its end-to-end token economy, which allows creators to sell their content online without banking intermediaries while users can anonymously subscribe to their favorite creators and earn $FANX tokens and NFT rewards for using the platform itself.
In the current market, each sale round and each listing is a huge challenge and stress, both for the project and for the launchpad that helps raise the funds necessary for the project to succeed.
The number of projects that decide to take such a bold step is steadily declining and each team coming to us asking for support in their initial growth phases is repeatedly checked by our experts and heavily scrutinized by our advisors.
However, when the FrontFanz team showed up at our doorsteps, we knew we had something good in our hands, a breath of fresh air in a stale environment and something that many crypto and Web3 world users felt was sorely missing in our space.
Therefore, without hesitation, we took up the challenge of helping them express their full potential in a period of difficult market conditions and we are pleased to present this project as the latest addition to our long list of launchpad entries.
We believe that just like our team, our community will also be pleased by what this project can offer, and if there are any doubts about their industry backgrounds we are happy to say that each member of FrontFanz comes with heavy credentials and a fully public roster.
Below you will find everything you need to know to participate in their Public Sale Round on the Synapse Network launchpad.
In the following weeks, we will keep updating our users on our next steps, and what new possible partnerships are coming our way so stay tuned to all of our announcements and media channels and be ready to participate in our next launch.
Timelines:
- 21.10.2023 9 AM UTC — Whitelist start (mandatory for non-SNP stakers): https://gleam.io/bqQo9/synapse-network-frontfanz-public-sale
- 21.10.2023 9 AM UTC — SNP stakers can start to register their interest in the guaranteed allocation
- 25.10.2023 9 AM UTC — End of time for Whitelist and for interest registration
- 25.10.2023 7 PM UTC — Whitelist Announcement, publication of allocation size, KYC for Whitelisted start
- 27.10.2023 9 AM UTC — Sale Start
- 28.10.2023 9 AM UTC — Sale End
- 28.10.2023 10:30 AM UTC — FCFS Sale for SNP stakers
- 28.10.2023 11:30 AM UTC — FCFS Sale for everyone (KYC after the sale)
- 29.10.2023 10:30 AM UTC — FCFS Sale ending
- 30.10.2023 9 AM UTC — Return of overallocated unused funds
Sale details:
- Round — Public
- Price per token — 0.008$
- Platform allocation — 25 000$
- Gleam competition allocation — 100$
- Gleam competition — number of winners — 50
What is FrontFanz and why is their project so interesting?
FrontFanz brings content creators and their fans alike into the Web3 world while leaving banks and payment merchants in the rearview.
Built on the Polygon (MATIC) blockchain, FrontFanz is a content subscription service designed for any kind of legal content.
As a Web3 platform, FrontFanz does not impose any biases on the kind of content that is accepted and promoted on the platform.
The platform proudly prioritizes fostering a safe space free of prejudice and prudeness, while still keeping things safe.
The Front Fanz team believes that a focus on creativity and creators’ stability is key for the long-term success of their platform, and they ensure that their users won’t be ever at risk of censorship, chargebacks, de-platforming, or demonetization.
FrontFanz is a female-founded venture led by Stacey Carlaa, who is a content creator, internationally published model and innovator. Under Stacey’s leadership, the team has developed an intimate understanding of how Web2 subscription services have failed to meet the needs of content creators and how to navigate away from that model in a sustainable and scalable way.
The digital adult industry’s market size has grown to become one of the most valuable digital sectors in the world with a market value of 44.8 billion in 2022.
This figure is forecasted to exceed 200 billion by 2032. The online adult industry potential has been compromised by banking biases and inadequate technology development making it difficult for content creators to sell 18+ content online and reach their target audience through traditional channels like social media.
The 4x growth this industry is to experience over the next decade will be driven by technology that disrupts these barriers and reduces the adult industry’s reliance on traditional banking, moving towards DeFi, including permissionless technology and borderless payments like blockchain, and cryptocurrency.
FrontFanz is a platform built by creators, for creators.
As we already mentioned, the FrontFanz team puts the reins back into their creator’s hands, leaving many of the issues of other platforms in the Web2 era.
Their approach has already shown remarkable success in their recruitment endeavours as we can see by the numbers on their platform, which has been live for a hot minute and has already signed 400+ individual creators, while also signing multiple partnerships with various leading talent agencies of the sectors, that will open up the way for thousands of additional creators.
As a platform built by industry veterans, this product is validated by some of the most successful content creators in the adult digital entertainment space, and with the help of our team, we believe that their transition to the Web3 space will be a long-term success.
More information on what the FrontFanz project can offer, as well as information on their tokenomics and sales round can be found on our research page Here.
On our part, we thoroughly reviewed the project, team, roadmap, and tokenomics and had many fruitful meetings — we believe in this project. If you would like to learn more about it, which we encourage you to do, please read the FrontFanz Whitepaper
And visit their website: http://fanx.frontfanz.com/
For more information:
And always remember to not invest before you DYOR about the project!
What does the investment process look like?
There are two options for this:
- having tickets for the platform (guaranteed allocation).
- winning the Gleam competition, which is open to everyone. Here 10% of the investment pool is allocated to the winners. There is no overallocation here — it is reserved for our stakers.
For both options, you need to pass the KYC process.
We give everyone the opportunity to reach the required tier for investment until the end of the registration. Everyone has to enter the platform and express interest in participating in the investment before this date.
How can you invest?
You will be able to invest in 16 networks (more networks to come soon):
- Ethereum
- Binance Smart Chain
- Polygon (Matic)
- Avalanche
- xDAI
- KCC
- Fantom
- Huobi
- OEC
- Arbitrum
- Harmony
- Moonriver
- Cronos
- IoTeX
- Optimism
- Solana
You will be able to invest with multiple stablecoins:
- USDC
- USDT
- BUSD
- fUSD
About Synapse Network
Synapse Network is developing a cross-chain investment and start-up acceleration ecosystem based on blockchain technology to give everybody an equal chance to contribute to great upcoming projects and to do so early on. We are bridging the gap between the traditional & crypto markets. The idea of the Synapse Network technology goes beyond the standard offer of launchpads available on the market, becoming a true technological brand providing tech solutions.
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