The Fanatico Secret Token is a unique, blockchain-powered feature designed to offer creators and fans an innovative way to interact and engage. Creators can mint exclusive content as Secret Tokens, allowing fans to purchase, trade, or own these unique pieces using the Fanatico FCO Token or other supported cryptocurrencies. This groundbreaking feature offers new monetization opportunities for creators while giving fans unprecedented access to exclusive content and interactions.
How Fanatico Secret Token Works #
1. For Creators:
- Minting Exclusive Content as Secret Tokens: Creators can easily mint their exclusive photos, videos, or other content as Secret Tokens. Each Token is unique and can be bought, traded, or collected by fans.
- Revenue Streams: The Secret Token allows creators to generate revenue by selling these Tokens directly to their fans. Additionally, creators can set royalties on secondary sales, earning a percentage whenever their Tokens are resold.
- Content Ownership: The Tokens created are not just a one-time transaction. Creators retain partial ownership and can continue earning from the resale of their content through royalties.
- How to Get Started: Creators can sign into the Fanatico platform, navigate to the Secret Token section, and follow the steps to mint their first piece of content as a Secret Token. Connecting a compatible wallet is required to manage and mint tokens.
2. For Fans:
- Owning a Piece of Digital Legacy: Fans who purchase Secret Tokens gain exclusive access to content that no one else can view or own. Owning these Tokens also serves as a personal connection to their favorite Idols, creating a unique fan experience.
- Buying and Trading: Fans can purchase Secret Tokens using the Fanatico FCO Token or other cryptocurrencies supported by Fanatico. Once purchased, the Tokens can be kept as digital collectibles or traded within the marketplace.
- Benefits of Ownership: Beyond the digital asset, owning a Secret Token could also offer additional perks like exclusive meet-and-greet opportunities, access to private fan clubs, or special interactions with their Idols.
3. Security and Transparency:
- Blockchain Technology: The Fanatico Secret Token feature leverages blockchain technology to ensure secure transactions and transparent ownership. Every Secret Token is recorded on the blockchain, making it verifiable, tamper-proof, and traceable.
- Royalties for Creators: Whenever a Secret Token is resold, the creator automatically receives their royalty percentage, ensuring ongoing revenue streams for their work. Royalties and transaction details are visible and trackable on the blockchain.
Key Features of Fanatico Secret Token #
- Exclusive Content: Creators can mint never-before-seen or exclusive content as Secret Tokens for fans to purchase and own.
- Fan Monetization: Fans can buy, sell, and trade these exclusive pieces, giving them an active role in the creator economy.
- Secure Transactions: Powered by blockchain technology, the Secret Token ensures that every transaction and ownership is secure and transparent.
- Perpetual Royalties: Creators earn royalties each time their Secret Tokens are sold or traded in the secondary market.
- Engagement Opportunities: By owning Secret Tokens, fans may unlock exclusive fan experiences like one-on-one interactions, meet-and-greets, or special content.
Fanatico Secret Token Usage Guide #
1. Post Feed: The Post Feed displays all listed posts, where users can browse content available for sale or interaction. Each post shows the item for sale, the price in FCO tokens, and options to open and view more details.
2. Sign Up/In: To use the platform, users need to sign up or sign in. Options include connecting or creating a wallet, as well as signing in via popular social platforms like Google, Apple, or Twitter.
3. Profile/Account: The Profile section allows users to manage their identity, posts, and wallets. Users can see their followers, following, and total balance in FCO tokens. Wallet addresses are displayed here, with options for depositing and transferring tokens.
4. Account Activity: This section tracks bonuses and other activity on the platform, such as receiving rewards for connecting with social media or completing certain tasks. Notifications for account events are displayed with timestamps.
5. Create New Post: To create a post, users upload content, set a title, and choose a listing type (fixed price or auction). They also set prices and manage other listing details like content description, ownership, and royalties.
6. Listing Types: Users can choose from different sale types, including:
- Fixed Price
- English Auction
- English Sealed Bid Auction
- Dutch Auction
- Lowest Unique Bid Auction
7. Copy Price, Ownership Price, Copies Limit: Creators can set prices for copies and ownership of content. They can limit the number of copies sold and differentiate between the copy price and ownership price.
8. Royalties: Royalties can be added to each post, allowing creators to earn a percentage from resale. Multiple royalty tiers can be set based on the number of copies sold, ensuring recurring revenue for creators.
9. Comments: Users can interact with posts by leaving comments, adding to the engagement and feedback loop between fans and creators.
