Inside Of The Staking System Of Project Fanadise, You Must Know

in #crypto4 years ago


While all news outlets from the past few years hid behind paywalls and started to get their fair share for the work they put into preparing the news, internet creators remained highly underpaid. Fanadise aims to change that. Fanadise is an exclusive content platform created for internet influencers to monetize their social presence and bring interactions with followers to a whole new level also bringing so much more to the table.

Fanadise Is Your Decentralized Future Of Content Ownership

Fanadise is a decentralized social media platform made to endure the rest of our century. The ecosystem offers so many offerings such as:
● Designed by the people behind many successful campaigns, brands, and events, the creators of DDOB, Mr. Gugu, Aloha from Deer, successful Influencer Marketing companies, Creators of some of the largest social media platforms, and many more.
● Fanadise is future-proof and adjustable to the ever changing world of social media, fame, and entertainment.
● Fanadise’s model disrupts the status quo and allows the whole social space to grow beyond Fanadise’s present imagination.

What is Staking?

Simply put, staking is the act of locking cryptocurrencies to receive rewards. In most cases, you’ll be able to stake your coins directly from your crypto wallet, such as Fanadise Wallet. On the other hand, many exchanges offer to stake services to their users. Binance Staking lets you earn rewards in an utterly simple way, all you have to do is hold your coins on the exchange. More on this later. To get a better grasp of what Fanadise’s staking is, you’ll first need to understand how Proof of Stake (PoS) works.

What is Proof of Stake (PoS)?

PoS is a consensus mechanism that allows blockchains to operate more energy-efficiently while maintaining a decent degree of decentralization (at least, in theory). Let’s dive into what PoS is and how staking works. If you know how Bitcoin works, you’re probably familiar with Proof of Work (PoW). It’s the mechanism that allows transactions to be gathered into blocks. Then, these blocks are linked together to create the blockchain. More specifically, miners compete to solve a complex mathematical puzzle, and whoever solves it first gets the right to add the next block to the blockchain.

Benefits you will get from Fanadise Staking

  1. Stake FAN token to earn more nfts
  2. Have a bigger chance to get higher level Moments
  3. Take part in Fanadise’s daily lottery to win nfts and FAN tokens
  4. Pay with a FAN token to get unique subscription levels and the most premium content
  5. The longer you stake, the better moments you get
  6. FAN means better discounts for content and merchandising
  7. Use FAN to merge your existing common nfts into rare items
  8. Create a liquidity pool to earn more FAN tokens
  9. Get the tickets to the events available only to FAN holders

By the means of staking and utilities, Fanadise wants to reduce the number of $FANs being traded daily to increase the token price. At the same time, FAN will be a token widely used by Fanadise’s community. Cheap BSC will allow us to make real use of it.

Social networking has all probabilities to become the purpose of convergence of these trends and meet the wants of the business to seek out the foremost effective ways of labor with the top client. This will need to redefine the role and responsibility of social networks. they're not a set of profiles of individuals and communities! Social networks have already become far more than info intermediaries and communication technologies. Fanadise is becoming a force that produces the world’s stars. they need to bring new powerful politicians and political parties, further as to provide birth to new brands, products, meanings, and ideas. Fanadise has enough power to push or destroy the name, projects, products, and firms. And that’s the essence of the responsibility that social networks are forced to require.

Website:https://fanadise.com/
Reddit: https://www.reddit.com/r/Fanadise/
Youtube : https://www.youtube.com/channel/UCKFhxQs9l5nKhmiZ3mr6uSg
Facebook: https://www.facebook.com/fanadise/
Twitter: https://twitter.com/fanadisenft
Telegram : https://t.me/joinchat/_MhqfOcNBEsyMzM8


⚡Authorship
BitcoinTalk username : onemancrypto
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1769254;sa=summary
BSC Wallet: 0x5888bd05816dB304E417b6b219C2c307629b8141