What is RealFevr (FEVR) | What is RealFevr token | What is FEVR token
In this article, we’ll discuss information about the RealFevr project and FEVR token
What Is RealFevr?
RealFevr is a company established in 2015, with a fantasy football app with more than 2.5M downloads, 1.2M already registered users and 10 national leagues, 3 international club competitions and all the major European team competitions, including the Top-5: Premier League, La Liga, Serie A, Bundesliga and Ligue 1.
With the Fantasy Leagues concept proven in national and international territory, RealFevr’s next major goals are now to enter the global market of sports NFT’s and the international consolidation, by launching the first ever football video NFTs marketplace backed by official intellectual property. The marketplace will have its own cryptocurrency ecosystem, the FEVR Token.
FEVR ECOSYSTEM
This is the FEVR Ecosystem infographic, with Fantasy Leagues on the left side and the Collectibles Marketplace on the right. To access packs and video collectibles, fans need to acquire FEVR tokens. The fans are always the owners of the assets – both the tokens and collectibles.
BUSINESS MODEL
RealFevr’s business model is composed of various moving parts. Not only can Fans play free fantasy leagues and token leagues, but also purchase Video Collectibles packs that will award them unique IP-protected digital soccer NFTs. To acquire and trade these forever lasting soccer moments fans need to use RealFevr’s token, FEVR.
FIRST PACK REVENUE SHARE
After possessing FEVR tokens in their Binance Smart Chain address, fans can acquire digital collectibles packs.
The fee distribution per account will be the follow: 50% for Right Holders, 40% locked for a unspecified amount of time and 10% for RealFevr.
FEES & ROYALTIES
All RealFevr Digital Collectibles marketplace transactions will incur a maximum 5% fee. Loyalty programs will be implemented to reward fans who buy and sell on a recurring basis. Additionally, RealFevr incorporates a perpetual royalty to all right-holders, which is negotiated case by case and is fixed to all transactions after the first sale. This way, we protect and reward the official intellectual property (IP) of right-holders.
SUBSCRIPTIONS
Fans who wish to receive packs on a recurring basis, may lock FEVR tokens in a specified smart contract that will award them a number of packs per drop. Hence, instead of waiting in queue at each drop, or to avoid missing packs every time there is a new drop, fans can adopt the subscription model. The price for each subscription depends on the number of spots available.
BORROWING & LENDING
Instead of just selling the digital asset in the marketplace, fans can borrow and lend video collectibles from and to other fans.
When a fan lends a video collectible, he will get extra FEVR tokens. When a fan borrows a video collectible, he will pay FEVR tokens to the other fan. However, because the asset is returned to the original owner, the amount charged will be much more affordable.
CLUBS LAUNCHPAD
Any club can join the RealFevr ecosystem and deploy their own collectibles that will immediately trade in the FEVR marketplace and get exposure to all marketplace users.
There is no cost associated with this service as we believe in decentralization and empowering organizations, especially at such a dire time, when clubs are facing a shortage of revenue related to the pandemic restrictions.
IN-GAME VIDEO COLLECTIBLES
Within the RealFevr ecosystem, collectibles will be used in-game, to get bonus points, power ups and boost for the players in each fans’ fantasy teams, i.e. , collectibles will award extra points to fantasy league teams.
This way, RealFevr effectively becomes the first widely adopted fantasy league platform to use unique digital collectibles as an economic incentive within the game, to reward players and fans for participating.
FANTASY LEAGUES
There are two types of leagues: free leagues and token leagues. In free leagues, players can pay a subscription to boost their team. In token leagues fans will be able to wager FEVR tokens. Therefore, RealFevr’s business model covers the more traditional subscription-based and advertising channels revenue model, as well as the nouveau cryptocurrency revenue channel by charging a wagering fee.
RealFevr is composed of a series of moving parts:
Video Collectibles that can be traded, collected and used to boost your teams’ players Free Fantasy Leagues to play with family and friends, FEVR Tokens that incentivize players to wager against each other, Token Leagues to compete like pros, Other incentives like bonuses and deposit pools for players that lock-up tokens and lend video collectibles to other players.
FEVR utility:
- Utility 1: buy packages
- Utility 2: buy/sell NFTs
- Utility 3: play token leagues
- Utility 4: p2p lending
- Utility 5: clubs launchpads
- Utility 6: Subscription pool
FEVR Technology:
RealFevr uses a series of different technologies to support both its main application, its smart contracts for the FEVR tokens and the collectibles minting and trading. Video collectibles will be deployed in the Binance Smart Chain, as well as the marketplace and the FEVR tokens. RealFevr will be adopting a series of Web3 technologies such as:
- Smart contracts to enable full ownership and transfer of assets by players;
- BeproJS framework to integrate staking and NFT minting with fully battle-tested standards;
- DeFi protocols to allow players to borrow and lend NFTs to other players;
- IPFS for safekeeping of all NFT-related assets information;
- Decentralized Exchanges to allow any player to provide liquidity (LP) and to earn LP fees.
Collectibles (NFTs):
While the aesthetics of video collectibles are one of the key differentiators, RealFevr will make an even better use of its NFTs. Within the RealFevr ecosystem, collectibles will be used in-game, to get bonus points, power ups and boost for the players in each fans team. This is, collectibles will award extra points to fantasy league teams. This way, RealFevr effectively becomes the first widely adopted fantasy league platform to use unique digital collectibles as an economic incentive within the game, to reward players and fans for participating.
Tokenomics:
Token Supply: 16 000 000 000
Initial Market Cap: 1.3M
Team and Shareholders: 10%
Private Sale: 11%
Public Sale: 4%
New Rights Acquisition: 35%
Treasury: 20%
Liquidity: 20%
DISTRIBUTION PERIODICITY
FEVR UTILITY
FEVR token is the main fuel of the RealFevr ecosystem. The goal of the token is to be used as the currency of reference in the collectibles marketplace. Essentially, any operation that takes place within the RealFevr ecosystem will occur with the FEVR token as the base currency.
Additionally, RealFevr will incorporate other token mechanisms such as monthly package subscriptions, borrowing and lending of digital collectibles, among other features to increase and maximize the utility of the FEVR token.
How and Where to Buy FEVR token?
FEVR token is now live on the Binance mainnet. The token address for FEVR is 0x82030cdbd9e4b7c5bb0b811a61da6360d69449cc. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough BNB in your wallet to cover the transaction fees.
Join To Get BNB (Binance Coin)! ☞ CLICK HERE
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step
You need a wallet address to Connect to Pancakeswap Decentralized Exchange, we use Metamask wallet
If you don’t have a Metamask wallet, read this article and follow the steps
☞What is Metamask wallet | How to Create a wallet and Use
Transfer $BNB to your new Metamask wallet from your existing wallet
Next step
Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy, Swap FEVR token
Contract: 0x82030cdbd9e4b7c5bb0b811a61da6360d69449cc
Read more: What is Pancakeswap | Beginner’s Guide on How to Use Pancakeswap
The top exchange for trading in FEVR token is currently Pancakeswap v2 and DODO BSC
Find more information FEVR
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