FanChainFanChain FAN STO news

FanChain was developed for use in SportsCastr where platform and other related sports platforms or fans create value.
Status
Upcoming
Raised
Soft cap
5,000,000 USD
Hard cap
50,000,000 USD

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SportsCastr Blockchain Streaming Platform Integrates STATS For Instant Sports Data Service

SportsCastr, A Blockchain Based Platform Has Integrated With STATS One of the live streaming company that is blockchain based, one that is backed by the NBA together with the NFL Players Association, SportsCastr, just announced a partnership they have gotten into with STATS. The STATS company is a provider of sports intelligence and data. During the initial phase of this partnership, the SportsCastr company will be integrating the STATS solutions to ensure they provide fans with some real-time data that the professional sports broadcasters tend to use during a game. STATS company was established to ensure it provides live data feed, box scores, schedules, and different bullet points to the broadcasters during a game. The company is responsible with ensuring the presenters receive the information they will need to ensure they adequately deliver some engaging commentary to the viewers. With the use of the SportsCastr FanChain Token, the fans will be able to access the detailed STATS information analysis together with talking points that are used in powering the live commentary that takes place. The STATS Company Is Trusted By Many The STATS company has been delivering accurate information in a timely manner leading the top media stations together with technology providers to trust them. Thus, the company is more than ready in providing the SportsCastr users the needed information they would require at their fingertips, just to ensure they are able to elevate their commentary. With the use of the SportsCastr FanChain crypto coin, the live commentators on the SportsCastr will be given the ability to unlock the STATS bullet points if they are looking to have some in-depth look to the in-game matchups. A service that has been able to provide perfect content that can be used for the shoulder programming or just during an in-game analysis. According to the Chief Executive Officer of SportsCastr, Kevin April, they believe the move they have gotten into will significantly change the way that fans are able to interact with the different sports that they love. Thanks to the FanChain platform, it will be able to allow the fans and the live users to tip the broadcasters be able to unlock the Pay per view events easily, and with the partnership they have gotten into, users will also be able to access the premium features that are on the STATS platform. STATS has gone ahead to join the WNBPA, NFLPA and some of the leading athletes that are supporting the groundbreaking technology that the company is getting into. It is indeed a very powerful step they have taken towards the company’s goal in making the FanChain to be the de facto token when it comes to the sporting world. Some Of The Products You Should Expect To See On SportsCastr The SportsCastr has several product lines, products that have been designed to easily connect the various global sports industries just to ensure they have been able to increase the fan engagement. The products include the consumer-facing of live video platform, which has been referred to as the SportsCastr Live, it has been designed to allow the different users to easily personalize on who is able to call the game for them. The other product line that has been designed is the enterprise-grade B2B solutions that has been able to enable the technology to easily get integrated into the existing platforms that are on the OTT. FanChain Is The Blockchain Solution The FanChain has been considered to be the blockchain solution, one that is a decentralized ecosystem that has been built for the global sports market. It can be used by both the SportsCastr Live and the third party platforms that are in the sporting field, and this is including the FanWide.com, which has been considered to be the most extensive fan club network in the market. The ecosystem for this platform includes an exchange platform, an effective payment gateway, reward portals, dApp that is able to easily allow the third party companies to be easily whitelisted and not forgetting the wallet feature.
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STATS and SportsCastr Partner to Deliver Real-Time Sports Information Through FanChain Integration

With SportsCastr's FanChain token, fans can access in-depth analysis to power live commentary on sporting events from anywhere in the world SportsCastr, the blockchain-based live-streaming company backed by NBA Commissioner Emeritus David Stern and the NFL Players Association, today announced an official partnership with STATS, the worldwide leader in sports data and intelligence. Through this partnership, the companies will collaborate on developing meaningful experiences and innovative offerings. In the initial phase of the partnership, SportsCastr will integrate STATS' solutions to provide fans with some of the same real-time data that professional sports broadcasters use. STATS provides live data feeds, schedules, box scores, and bullet points to broadcasters, providing the information they need to deliver engaging commentary on sporting events. Now with SportsCastr's FanChain token, fans can access STATS' detailed analysis and talking points to power their live commentary from anywhere in the world. Already trusted by the top media and technology providers, and several professional leagues and teams, STATS will provide SportsCastr users information at their fingertips to elevate their commentary. Using SportsCastr's FanChain cryptocurrency, SportsCastr Live commentators will be able to unlock STATS ‘Bullet Points' for an in-depth look at in-game matchups, which provides perfect content for shoulder programming and in-game analysis. "We are changing the way fans can interact with the sports they love," said Kevin April, Chief Executive Officer at SportsCastr. "FanChain will ...Full story available on Benzinga.com
Benzinga

STATS and SportsCastr Partner to Deliver Real-Time Sports Information Through FanChain Integration

CHICAGO / NEW YORK CITY, Dec. 19, 2018 (GLOBE NEWSWIRE) -- (via Blockchain Wire) -- SportsCastr, the blockchain-based live-streaming company backed by NBA Commissioner Emeritus David Stern and the NFL Players Association, today announced an official partnership with STATS, the worldwide leader in sports data and intelligence. Through this partnership, the companies will collaborate on developing meaningful experiences and innovative offerings. In the initial phase of the partnership, SportsCastr will integrate STATS' solutions to provide fans with some of the same real-time data that professional sports broadcasters use. STATS provides live data feeds, schedules, box scores, and bullet points to broadcasters, providing the information they need to deliver engaging commentary on sporting events. Now with SportsCastr's FanChain token, fans can access STATS' detailed analysis and talking points to power their live commentary from anywhere in the world. Already trusted by the top media and technology providers, and several professional leagues and teams, STATS will provide SportsCastr users information at their fingertips to elevate their commentary. Using SportsCastr's FanChain cryptocurrency, SportsCastr Live commentators will be able to unlock STATS ‘Bullet Points' for an in-depth look at in-game matchups, which provides perfect content for shoulder programming and in-game analysis. "We are changing the way fans can interact with the sports they love," said Kevin April, Chief Executive Officer at SportsCastr. "FanChain will allow our SportsCastr Live users to tip broadcasters, unlock Pay-Per-View ...Full story available on Benzinga.com
Benzinga

World’s Largest Sports Fan Network Adopts FanChain as its Official Cryptocurrency

SportsCastr, the blockchain project behind the FanChain altcoin has signed a three-year partnership deal with FanWide; a project focused on helping sports lovers find local game watch parties and events. With this arrangement, FanWide will now use the FanChain altcoin to reward users. The tokens will be redeemable for game tickets, merchandise, and other exciting stuff on the FanWide ecosystem. The CEO of SportsCastr, Kevin April noted that: “As the first third-party platform to support FanChain, Fanwide is a powerful Launchpad to expand outside of SportsCastr. This partnership will introduce FanChain to the world’s most passionate fan and provide a pathway for FanChain to be accepted at the more than 10,000 sports bars and venues in FanWide’s database.” The FanWide Advantage FanWide is a platform whose primary objective is to connect fans from across the globe via meetups organized by local fan clubs. Founded in late 2016, FanWide has successfully connected fans across the globe via more than 750,000 watch parties organized by it. The platform has also created more than 1,250 professional collegiates, and international teams. FanWide President and Founder, Symon Perriman noted that: “FanWide is excited to join the FanChain ecosystem and reward our users with FANZ tokens whenever they attend a game watch party for their favorite team. As the world’s largest fan club network, we have been looking for a solution like FanChain to help us to continue to engage our fans, wherever they live or travel to.” The entirely decentralized nature of FanChain makes it possible for the altcoin to be integrated into a vast array of platforms including social networks, sports teams, fantasy sports platforms and more. The token can be stamped with various metadata associating it with sports team, leagues or events. This excellent feature makes it easy for SportsCastr, FanWide, and other platforms to seamlessly integrate FanChain into their operations and use it to reward loyal fans. SportsCastr is doing its best to become a formidable force in the blockchain technology world. The platform has formed strategic partnerships with various organizations like the NFL Players Association (NFLPA), the WNBA Players Association and others. About SportsCastr SportCastr is a blockchain-powered OTT platform for the sports industry. The platform makes it possible for viewers to personalize their favorite games, go live and create their own commentary. SportsCastr gives users the opportunity to use FanChain to reward broadcasters, subscribe for their favorite events and more. FanChain is the native altcoin of SportsCastr. FanChain tokens (FANZ) facilitates payments, rewards and more. For more, visit https://fanchain.com/ Twitter: https://twitter.com/sportscastrlive Team: https://www.linkedin.com/company/sportscastr/ Email: molly@transform.pr   The post World’s Largest Sports Fan Network Adopts FanChain as its Official Cryptocurrency appeared first on ZyCrypto.
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FanChain Becomes Official Cryptocurrency of FanWide, the World’s Largest Fan Club Network

SportsCastr, the company behind the decentralized sports ecosystem and cryptocurrency FanChain, today announced a three-year exclusive partnership with FanWide, the digital platform that helps out-of-market sports fans find local game watch parties and events. Through this agreement, FanWide will integrate SportsCastr’s FanChain token (FANZ) to provide cryptocurrency rewards to users, which can be redeemed for perks like merchandise, game tickets, and experiences within the FanWide platform. FanWide will also integrate functionality into its platform to incentivize its users to “go live” on SportsCastr from the hundreds of thousands of watch parties listed through its service. SportsCastr CEO Kevin April said “As the first third-party platform to support FanChain, FanWide is a powerful launchpad to expand outside of SportsCastr. This partnership will introduce FanChain to the world’s most passionate fans, and provide a pathway for FanChain to be accepted at the more than 10,000 sports bars and venues in FanWide’s database.” FanWide Platform FanWide is a free website and app that connects sports fans from every team in any city through in-person meetups organized by local fan clubs, while also managing the world’s largest database of those clubs. Since launching in September 2016, FanWide has helped fans across the country connect by organizing and promoting more than 750,000 local watch parties via its platform. In addition to promoting existing in-person game watch parties, FanWide also develops new communities for over 1,250 professional, collegiate, and international teams. FanWide President and Founder Symon Perriman commented, “FanWide is excited to join the FanChain ecosystem and reward our users with FANZ tokens whenever they attend a game watch party for their favorite team,” said FanWide President and Founder Symon Perriman. As the world’s largest fan club network, we have been looking for a solution like FanChain to help us to continue to engage our fans, wherever they live or travel.” Cliff Avril, Former NFL Star, and FanWide Advisor said, “FanWide’s support of FanChain will allow our users to be rewarded for supporting their favorite teams and local businesses, through actions like ‘checking in’ to game watch parties. Looking forward, we can see many uses for FanChain on our platform, including in-person and online commerce, and the ability for fans to donate their tokens to a charity or cause, such as the Cliff Avril Family Foundation or their alumni associations.” FanChain’s decentralized infrastructure allows its technology to be integrated with platforms like FanWide, fantasy sports providers, social networks, sports teams, leagues, and venues. Built specifically for the global sports market, the FanChain token has the ability to be “stamped” with metadata that associates it with teams, leagues or sporting events. This allows SportsCastr, FanWide and future members of the FanChain ecosystem to reward fans for creating value for their favorite teams and enables brands and organizations to target and reward their most passionate fans. SportsCastr has also recently entered into agreements with the NFL Players Association (NFLPA), the WNBA Players Association (WNBPA) and Friday Night Fights (FNF) around broadcasting and other fan engagement initiatives. SportsCastr is backed by NBA Commissioner Emeritus David Stern, NFL Tight End Vernon Davis, Syracuse Men’s Basketball Coach Jim Boeheim, NBA All-Star Steve Smith and more. This summer, the NFL Players Association (NFLPA) announced that it had acquired a minority ownership stake in the company. About SportsCastr SportsCastr is a social OTT platform for sports that allows viewers to personalize who calls the game for them and allows viewers to “go live” and share their own commentary. SportsCastr will allow members to use FanChain to tip broadcasters, unlock pay-per-view events, purchase subscriptions and more.  The company is backed by some of the biggest names in sports including the the NFL Players Association (NFLPA), NBA Commissioner Emeritus David Stern and Super Bowl Champion Vernon Davis. About FanChain FanChain, developed by SportsCastr, is a token and decentralized ecosystem built specifically for the global sports market. The FanChain ecosystem includes a payment gateway, exchange platform, rewards portal, wallet and a DApp that allows third-party companies to be whitelisted to distribute and reward fans and users with FanChain tokens (“FANZ”). About FanWide FanWide is a free website and app that helps sports fans find the closest fan club or game watch party for any team in any city while rewarding the fans for engaging with each other and sponsors. FanWide manages the world’s largest database of sports fan clubs and provides services for fan clubs and alumni associations, pro and college teams, corporate sponsors, athletes and influencers, and TV broadcasters. The post FanChain Becomes Official Cryptocurrency of FanWide, the World’s Largest Fan Club Network appeared first on CoinSpeaker.
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SportsCastr FanChain Bags Exclusive Deal With FanWide as Its Official Cryptocurrency

FanChain Bags Exclusive Deal With FanWide as Its Official Cryptocurrency Masterminds of FanChain, the decentralized sports ecosystem and cryptocurrency, SportsCastr, has announced that it has bagged a a three-year exclusive partnership with FanWide, the digital platform that helps out-of-market sports fans find local game watch parties and events. Terms of the partnership will see FanWide take on SportsCastr’s FanChain token (FANZ) to provide cryptocurrency rewards to users, which can be redeemed for perks like merchandise, game tickets, and experiences within the FanWide platform. FanWide is set to also reward its users to “go live” on SportsCastr from the hundreds of thousands of watch parties listed through its service. SportsCastr CEO Kevin April said as the first third-party platform to support FanChain, FanWide is a powerful launchpad to expand outside of SportsCastr. This partnership will introduce FanChain to the world’s most passionate fans, and provide a pathway for FanChain to be accepted at the more than 10,000 sports bars and venues in FanWide’s database. On their part FanWide said it is excited to join the FanChain ecosystem and reward its users with FANZ tokens whenever they attend a game watch party for their favorite team, said FanWide President and Founder Symon Perriman. “As the world’s largest fan club network, we have been looking for a solution like FanChain to help us to continue to engage our fans, wherever they live or travel.” FanWide is a free website and app that connects sports fans from every team in any city through in-person meetups organized by local fan clubs, while also managing the world’s largest database of those clubs. Since launching in September 2016, FanWide has helped fans across the country connect by organizing and promoting more than 750,000 local watch parties via its platform. In addition to promoting existing in-person game watch parties, FanWide also develops new communities for over 1,250 professional, collegiate, and international teams. “FanWide’s support of FanChain will allow our users to be rewarded for supporting their favorite teams and local businesses, through actions like ‘checking in’ to game watch parties. Looking forward, we can see many uses for FanChain on our platform, including in-person and online commerce, and the ability for fans to donate their tokens to a charity or cause, such as the Cliff Avril Family Foundation or their alumni associations.” said Cliff Avril, Former NFL Star and FanWide Advisor.
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Sports Fan Club Network FanWide Chooses FanChain as Official Crypto

On Ocotober 9, 2018, SportsCastr announced that its crypto-based sports platform FanChain had been chosen by FanWide as its exclusive cryptocurrency partner for three years. FanWide is the largest online sports club network in the world, and will be using FanChain’s FANZ token for its rewards program. Also read: GMO Internet to Release Yen-Pegged Stablecoin in 2019 Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts FanWide to Use FanChain Crypto for User Rewards As part of this three-year, exclusive partnership between the two companies, FanWide will use the FANZ cryptocurrency to fuel its rewards system. In this system, FanWide users can earn FANZ by completing platform-specific tasks — such as checking in to local watch parties. Then, users can redeem their tokens for thinks like merchandise, game tickets, or “experiences within the FanWide platform,” according to SportsCastr. “As the first third-party platform to support FanChain, FanWide is a powerful launchpad to expand outside of SportsCastr,” SportsCastr CEO Kevin April told press on October 9. “As the world’s largest fan club network, we have been looking for a solution like FanChain to help us to continue to engage our fans,” added FanWide president and founder Symon Perriman. FanWide is accessible via website and a free mobile app. The platform connects sports fans of every professional US team in any city by increasing awareness of in-person meetups organized by local fanclubs. Additionally, according to SportsCastr, FanWide maintains the world’s largest database of local sports clubs. Building Fan Communities Across the World Since its launch in September 2016, FanWide has helped organize and promote over 750,000 local meetups and watch parties across the United States. The platform has also began developing new communities for college and international teams. FanChain has worked since launch to build a community of its own. Recently, the blockchain platform has inked agreements with the NFL Players Association, WNBA Players association, and Friday Night Fights. The platform’s goal with these new agreements is to build and promote activities for sports fans across the US. FanChain also has the support of multiple representatives from the US professional sports industry, receiving endorsements and backing from retired NBA commissioner David Stern, NFL tight end Vernon Davis, Syracuse Men’s Basketball coach Jim Boeheim, and NBA All-Star Steve Smith. In the coming months and into next year, FanChain plans to meet multiple milestones on its development roadmap, which can be found on the platform’s official website. Some of these milestones include a web-based wallet launch, exchange listings for FANZ, and the launch of the “FanExchange”. More details can be found on the platform’s website. Images via Pixabay, FanChain, FanWide The post Sports Fan Club Network FanWide Chooses FanChain as Official Crypto appeared first on Bitsonline.
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SportsCastr Becomes Official Cryptocurrency of FanWide Rewards Platform

 SportsCastr, the company behind a decentralized sports ecosystem and cryptocurrency FanChain, today announced a three-year exclusive partnership with FanWide, the digital platform that helps out-of-market sports fans find local game watch parties and events. Through this agreement, FanWide will integrate SportsCastr’s FanChain token (FANZ) to provide cryptocurrency rewards to users, which can be redeemed for perks like merchandise, game tickets, and experiences within the FanWide platform. FanWide will also integrate functionality into its platform to incentivize its users to “go live” on SportsCastr from the hundreds of thousands of watch parties listed through its service. “As the first third-party platform to support FanChain, FanWide is a powerful launchpad to expand outside of SportsCastr,” said SportsCastr CEO Kevin April. “This partnership will introduce FanChain to the world’s most passionate fans, and provide a pathway for FanChain to be accepted at the more than 10,000 sports bars and venues in FanWide’s database.” FanWide is a free website and app that connects sports fans from every team in any city through in-person meetups organized by local fan clubs, while also managing the world’s largest database of those clubs. Since launching in September 2016, FanWide has helped fans across the country connect by organizing and promoting more than 750,000 local watch parties via its platform. In addition to promoting existing in-person game watch parties, FanWide also develops new communities for over 1,250 professional, collegiate, and international teams. “FanWide is excited to join the FanChain ecosystem and reward our users with FANZ tokens whenever they attend a game watch party for their favorite team,” said FanWide President and Founder Symon Perriman. “As the world’s largest fan club network, we have been looking for a solution like FanChain to help us to continue to engage our fans, wherever they live or travel.” “FanWide’s support of FanChain will allow our users to be rewarded for supporting their favorite teams and local businesses, through actions like ‘checking in’ to game watch parties,” said Cliff Avril, Former NFL Star and FanWide Advisor. “Looking forward, we can see many uses for FanChain on our platform, including in-person and online commerce, and the ability for fans to donate their tokens to a charity or cause, such as the Cliff Avril Family Foundation or their alumni associations.” Built specifically for the global sports market, the FanChain token has the ability to be “stamped” with metadata that associates it with teams, leagues or sporting events. This allows SportsCastr, FanWide and future members of the FanChain ecosystem to reward fans for creating value for their favorite teams, and enables brands and organizations to target and reward their most passionate fans. SportsCastr has also recently entered into agreements with the NFL Players Association (NFLPA), the WNBA Players Association (WNBPA) and Friday Night Fights (FNF) around broadcasting and other fan engagement initiatives. SportsCastr is backed by NBA Commissioner Emeritus David Stern, NFL Tight End Vernon Davis, Syracuse Men’s Basketball Coach Jim Boeheim, NBA All-Star Steve Smith and more. This summer, the NFL Players Association (NFLPA) announced that it had acquired a minority ownership stake in the company.   The post SportsCastr Becomes Official Cryptocurrency of FanWide Rewards Platform appeared first on BlockTribune.
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FanChain Becomes Official Cryptocurrency of FanWide, the World's Largest Fan Club Network

NEW YORK CITY, Oct. 09, 2018 (GLOBE NEWSWIRE) -- SportsCastr, the company behind the decentralized sports ecosystem and cryptocurrency FanChain, today announced a three-year exclusive partnership with FanWide, the digital platform that helps out-of-market sports fans find local game watch parties and events. Through this agreement, FanWide will integrate SportsCastr's FanChain token (FANZ) to provide cryptocurrency rewards to users, which can be redeemed for perks like merchandise, game tickets, and experiences within the FanWide platform. FanWide will also integrate functionality into its platform to incentivize its users to "go live" on SportsCastr from the hundreds of thousands of watch parties listed through its service. "As the first third-party platform to support FanChain, FanWide is a powerful launchpad to expand outside of SportsCastr," said SportsCastr CEO Kevin April. "This partnership will introduce FanChain to the world's most passionate fans, and provide a pathway for FanChain to be accepted at the more than 10,000 sports bars and venues in FanWide's database." FanWide is a free website and app that connects sports fans from every team in any city through in-person meetups organized by local fan clubs, while also managing the world's largest database of those clubs. Since launching in September 2016, FanWide has helped fans across the country connect by organizing and promoting more than 750,000 local watch parties via its platform. In addition to promoting existing ...Full story available on Benzinga.com
Benzinga

WNBA Players Association to Partner with SportsCastr Basketball Streaming ICO

The Women’s National Basketball Players Association (WNBPA) decided to sign an agreement with the live streaming ICO platform SportsCastr. This partnership comes just a month after the ICO closed a cooperation agreement with the NFL. WNBA Signs Partnership With SportsCastr With the latest agreement, SportsCastr will be showing premium content about the most important women’s professional basketball players in the world. This will be possible thanks to SportsCastr’s FanChain token. Just in August, the company was able to sign a similar deal with the NFL. Fans of this prestigious league have now the ability to become color commentators and have exclusive access to content and player insights. WNBA players will be invited to use the platform so as to give fans comments about different sports and more. Furthermore, SportsCastr will also be providing a dedicated portal for the WNBPA. In this way, individuals that want to have access to the content will be able to do it from this site. WNBPA Director of Operation, Terri Jackson, commented on the partnership: “Fans crave authentic interaction, and through the SportsCastr live-streaming platform, our players have another exciting way to engage fans in real-time. This innovative technology also fis our objective to build unique group licensing opportunities through REP Worldwide that bring fans and players closer.” Back in June, the FanChain token received support from a former NBA commissioner known as David Stern. The virtual currency allows individuals that watch some events, to select which sports commentary they choose to listen. Additionally, they are able to provide their own comments on the game. Users on the platform receive rewards according to their popularity using FanChain tokens. The tokens allow users to unlock exclusive content, purchase tickets for future sport events or send virtual gifts to other network participants. This deal is very important for the WNBPA and for SportsCastr, which aims to become an important player in the sports industry. WNBA players will start using the platform during the third quarter of 2018. The SportsCastr WNBPA portal will also be launching during the last quarter of the current year. The platform aims to offer fans and athletes a voice. With the latests partnerships with the WNBPA nad NFL, important athletes and players will have a direct contact with their fans all over the world.
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The Daily: NFL Players to Earn Crypto, McDonald’s Unveils Maccoin, Bill Clinton at Swell

In today’s edition of Bitcoin in Brief we cover the stories about how NFL players can start to earn some extra cryptocurrency, McDonald’s latest publicity stunt called Maccoin, former US president Bill Clinton to speak at Swell by Ripple, and Binance’s acquisition of Trust Wallet. Also Read: Security Researchers Attack McAfee-Backed Wallet for “Unhackable” Claims NFL Players to Earn Crypto As we reported earlier this year, the athletes of the American National Football League (NFL) have been educating themselves about bitcoin investments for a while now. And now they have a new way to earn some cryptocurrency on the side. The NFL Players Association (NFLPA) has acquired a minority stake in the Sportscastr, a live-streaming platform. Through this partnership, players will provide live commentary on sports events and earn Fanchain, the native token of the platform. Fans can spend these tokens to unlock premium NFL player content (such as back-stage access), purchase sports tickets or merchandise, and send virtual gifts to NFL players. As part of this agreement, Sportscastr becomes an official licensee of the NFLPA in the categories of mobile apps and web-based platforms. It is the eighth active NFLPA partner secured through the One Team Collective, which is designed to give early stage companies the opportunity to leverage the NFLPA’s exclusive group player rights, in exchange for equity. McDonald’s Unveils Maccoin It seems that ad execs really know how to reach all the kids these days, just launch a coin. At least that is what seems to be their thinking. To celebrate the 50th anniversary of the Big Mac, McDonald’s has announced the Maccoin, a “limited edition global currency” backed by the Big Mac. If this type of bitcoin-mimicking publicity stunt sounds familiar, you must be thinking about Bacoin, which Oscar Mayer launched just a few months ago as the “first-ever cryptocurrency backed by bacon.” Beginning at lunch time on August 2, customers can receive a Maccoin with the purchase of a Big Mac at 14,000 participating restaurants across the US. Starting on August 3 through 2018, customers can redeem their Maccoin for a free Big Mac at participating McDonald’s restaurants in the US and in more than 50 participating countries. More than 6.2 million Maccoins will be distributed globally in over 50 countries while supplies last. Bill Clinton to Speak at Swell Ripple, which holds a fortune in its own XRP token, knows how to spend its money wisely – celebrity appearances. First it brought the rapper Snoop Dogg to an event and now it signed up Bill Clinton to Swell. The company has announced that the 42nd President of the United States will be the keynote speaker at its 2018 conference in San Francisco. And for extra brownie points, Ripple also announced it partnered with Raising Malawi, the non-profit foundation of the singer Madonna, to raise funds for orphans across the southeast African country. Binance Acquires Trust Wallet The Binance exchange has announced it has completed the acquisition of Trust Wallet in an effort to provide a better service for its users. Trust is an open source mobile wallet app launched in November 2017 that supports over 20,000 different Ethereum-based tokens (ERC20, ERC223 and ERC721). The exchange explained that the acquisition will add an on-chain mobile wallet to its list of services with other future integration possibilities, and that the Trust Wallet team will retain the autonomy to develop the core product. “As a technology driven company, Binance’s acquisition of Trust Wallet shows the importance of secure wallet technology for the future development of cryptocurrency as a whole. As Binance’s first public acquisition, we hope to continue providing our users with improved security, services and support.” What do you think about today’s news tidbits? Share your thoughts in the comments section below. Images courtesy of Shutterstock. Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com. The post The Daily: NFL Players to Earn Crypto, McDonald’s Unveils Maccoin, Bill Clinton at Swell appeared first on Bitcoin News.
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XRP Spikes 10% on Ripple MoneyGram Partnership News

Big partnership announcements have been thin on the ground for many of the major crypto companies recently. That changed for Ripple a few hours ago when the firm announced a strategic partnership with one of the world’s largest money transfer companies, MoneyGram. XRP Climbs 15% in a Week Compared to bitcoin and litecoin, XRP has been asleep for the past two months. Even Ethereum has outperformed it in terms of percentage gains. That all changed a few hours ago when XRP awoke from its range bound channel at $0.42 and surged almost 10% to hit an intraday high just over $0.46. A minor pullback followed in the hours after the announcement but XRP is still one of the day’s top performers. XRP price 1 hour candles – Tradingview.com XRP 00 has climbed almost 15% over the past week as it was trading just under $0.40 this time last Tuesday. Daily volume has just topped $2 billion as XRP market capitalization approaches $20 billion. The gap to ETH in second place is still $10 billion in terms of market cap, however. It has been one of the best weeks for XRP in terms of gains as the Ripple token has only made 27% since the beginning of the year. Big Partnership Driving FOMO The San Francisco based firm announced the partnership on its company blog late last night. It stated that the initial partnership will last two years during which Ripple will become the key partner for MoneyGram’s cross border payments and foreign exchange settlements. A substantial capital commitment of $50 million has also been pledged by the blockchain company enabling MoneyGram to draw it over a two year period in exchange for equity. Ripple’s xRapid system will be deployed for the partnership. It facilitates on-demand liquidity enabling instant transactions by reducing reliance on pre-funding. The XRP token will be used as the ‘real-time bridge’ between different currencies. Ripple CEO, Brad Garlinghouse, stated; This strategic partnership will enable MoneyGram to greatly improve its operations and enable millions of people around the world to benefit from its improved efficiency. This is a huge milestone in helping to transform cross-border payments and I look forward to a long-term, very strategic partnership between our companies. MoneyGram has a $600 billion global remittance market supporting multiple currencies in more than 200 countries. Traditional forex markets requiring advance purchases are currently used for international transfers. The partnership and leverage of Ripple’s native token are expected to reduce costs and increase transfer speeds for the firm. Alex Holmes, MoneyGram Chairman and CEO, added; Through Ripple’s xRapid product, we will have the ability to instantly settle funds from US dollars to destination currencies on a 24/7 basis, which has the potential to revolutionize our operations and dramatically streamline our global liquidity management. Will XRP hit $0.50 this week? Add your comments below. Images via Shutterstock, Tradingview.com The post XRP Spikes 10% on Ripple MoneyGram Partnership News appeared first on Bitcoinist.com.
Bitcoinist

XRP Gains 5% as Ripple Forms Strategic Partnership with MoneyGram; Last Resorts for Both Firms?

Ripple bought a share issue from MoneyGram worth $30 million at $4.10 per share to acquire 8-10% of the company. MoneyGram would also have an option of infusing another $20 million over the next two years. A strategic partnership will now ensue where Ripple will become the critical service provider for cross-border payment and foreign exchange settlement using digital assets. The digital asset they will be leveraging is Ripple, using Ripple’s xRapid Product. This partnership is a massive step towards the vision with which Ripple began, and investors put money is XRP. Also Read: Ripple Fathers’ Day Gift Propels It Past $0.4400 as Bulls Return Until now, MoneyGram has had to use banking services to provide settlements for payments they initiate. Due to the difference in time of settling payments, MoneyGram has to take loans to increase the required liquidity. However, by deploying xRapid, they will now be able to leverage XRP’s liquidity to provide cheaper and faster settlements. MoneyGram Chairman and CEO, Alex Holmes noted, “Through Ripple’s xRapid product, we will have the ability to instantly settle funds from US dollars to destination currencies on a 24/7 basis, which has the potential to revolutionize our operations and dramatically streamline our global liquidity management.” MoneyGram reported a net loss of $24 million in 2018 compared to a net loss of $29.8 million for the fourth quarter of 2017. The money transmitting service provider has been working towards developing, and 2019 will be part of the roadmap. Hence, the success of this strategic partnership is crucial for MoneyGram. Also Read: Bitcoin Vs Facebook Coin: Should Bitcoin Hodlers Care About Facebook Coin? Currently, MoneyGram works independently by leveraging money from banks. Ripple CEO Brad Garlinghouse told the media,  “This will eliminate the need to deploy foreign bank accounts. That’s why MoneyGram has negative working capital. It will help customers and also smooth out their treasury operations,” XRP/USD 4-Hour Chart on Bitstamp (TradingView) Moreover, while XRP recorded gains around 5%, it rose from $0.43 to a reach high at $0.46. Notably, a partnership like this back in 2016 or 2017 would have likely propelled the price by 30%. This can be attributed to an apparent decrease in the use case for MoneyGram itself. Digital payment is quickly becoming more accessible than ever with major firms working on implementing or integrating digital currencies on their respective platforms. Facebook is the most prominent example of it. Do you think MoneyGram and Ripple will be able to increase their volume and user base in the current environment? Please share your views with us.  The post XRP Gains 5% as Ripple Forms Strategic Partnership with MoneyGram; Last Resorts for Both Firms? appeared first on Coingape.
CoinGape

Ripple Partners MoneyGram to Enhance Cross-border Payments with XRP

Ripple has secured another major partnership with international money transfer company MoneyGram. This will allow the company to use Ripple’s native token XRP to provide liquidity for international payments to MoneyGram customers. This is in a bid to enhance the speed and efficiency of the payment system that MoneyGram operates. In an interview with Fortune on the partnership, Ripple CEO Brad Garlinghouse said: “This will eliminate the need to deploy foreign bank accounts. That’s why MoneyGram has negative working capital. It will help customers and also smooth out their treasury operations.” The partnership also gives Ripple an 8% to 10% stake in MoneyGram by paying $4.10 per share. This, however, does not give Ripple a voice in the dealings of MoneyGram for now as part of the agreement. MoneyGram, on the other hand, will have the opportunity of reviving its financial standing from Ripple’s investment which it direly needs after its share price crashed significantly.  It will also increase the efficiency of the payment platform, the management said. “We are very pleased with the terms of the Ripple investment which supports the Company with permanent capital and additional liquidity,” Larry Angelilli, chief financial officer of MoneyGram, said in a statement. “This partnership also provides MoneyGram with the opportunity to improve operating efficiencies and increase earnings and free cash flow,” Larry Angelilli, the chief financial officer of MoneyGram said. Ripple is the leader in remittance services as far as the blockchain industry is concerned. Its xRapid is second to none in terms of transaction efficiency and speed. With the new partnership, XRP which will be used for liquidity will be exposed to MoneyGram’s customers in over 200 countries globally. MoneyGram is the second largest provider of money transfer services in the world and while partnering with Ripple will ensure better service delivery to its customers, it is also a huge breakthrough for Ripple which has been looking to expand its reach further into the world. With hundreds of clients using Ripple’s payment platform, the company has grown significantly thus improving the international remittance settlement market by improving customer experience in conventional financial institutions. The post Ripple Partners MoneyGram to Enhance Cross-border Payments with XRP appeared first on ZyCrypto.
ZyCrypto

Ripple (XRP) enters key partnership with MoneyGram; invests $30 million

Ripple (XRP) enters key partnership with MoneyGram; invests $30 million - CryptoNinjas MoneyGram, a global money transfer company, announced today it has entered into a strategic agreement with Ripple (XRP), the provider of enterprise blockchain solutions for cross-border payments. The deal will enable MoneyGram to utilize Ripple’s xRapid product, leveraging ripples (XRP) in foreign exchange settlement as part of MoneyGram’s global payment process With an initial term […] Ripple (XRP) enters key partnership with MoneyGram; invests $30 million - CryptoNinjas
CryptoNinjas

Ripple Announces Game-Changing Partnership With MoneyGram

By CCN Markets: Ripple announced a partnership with money transfer giant MoneyGram today. Two Year Exclusive Agreement, Ripple and MoneyGram According to Ripple Labs, a two-year partnership has been struck with MoneyGram which makes Ripple its exclusive digital assets partner. The purview of Ripple’s use case here might be more limited than expected. It depends on how many of the transactions are sent and received using Ripple’s technology and how much they’re worth. Whatever the case, the partnership doesn’t, for example, mean that you’ll be able to buy and sell XRP at any MoneyGram location. Something along those lines would The post Ripple Announces Game-Changing Partnership With MoneyGram appeared first on CCN Markets
CCN
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