FANtium FAQ
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  • 👋Welcome
  • 🔗Official Links
  • FANtium explained
    • 🗺️Overview
    • 🙎‍♂️Available athletes
    • 🎁Benefits for FANs
    • 👀Associated risks
  • Account Migration
    • 🕊️Migration Overview
    • 📧Account Migration (Torus/Social Login)
    • 🦊Account Migration (Metamask)
  • Account Setup
    • 🤵Create an account
    • 🦊Connect an existing Metamask Wallet
    • 💼Generate a Wallet
    • ❗Required information
  • Athletes & Tokens
    • 🏃‍♂️Athletes
    • 🏅Tiers
    • 📈Valuation
  • Purchasing a token
    • Page
    • 🆕Purchasing on FANtium
    • 🤝Purchasing on secondary markets
    • 🔄How to swap USDC.E to USDC
    • 🏧How to onboard funds with Moonpay
  • Owning a token
    • 🌟General
    • 🎁Benefits
  • CLAIMING TOURNAMENT PAYOUTS
    • 💸Claiming payouts
    • 💹Secondary market purchases
  • Selling a token
    • 🤝How to sell a token
  • FANtium Invite Friends Program
    • 💰FANtium Invite Friends Program
  • Miscellaneous
    • Helpful Terms
    • Personal information
    • Wallet
    • Costs
    • Presale and allowlist
    • Other
    • Discord Walkthrough
    • Contact / further support
  • Disclaimer
    • Disclaimer
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On this page
  • What is FANtium?
  • Why is FANtium based on the blockchain?
  • What is FANtium’s role in the sale of an athlete token?
  1. FANtium explained

Overview

General overview of the platform and its offering

PreviousOfficial LinksNextAvailable athletes

Last updated 11 months ago

What is FANtium?

On FANtium, athletes can tokenize a share of their expected earnings and sell those as tokens to FANs. FANs purchase ownership in the future prize money or career earnings directly from the athlete in the form of tokens and get to participate in the athlete’s real-world earnings. They can choose to invest for a specific season with a season token or an athlete’s entire career through a career token. It’s not all about money though, FANs become part of the athlete’s inner community, unlocking unique perks and experiences, connecting them to their athletes like never before.

Why is FANtium based on the blockchain?

We fundamentally believe in the technology behind the blockchain and the power it has to democratize sports. Building FANtium on a blockchain allows athletes to connect with their FANs on a true peer-to-peer basis. Should FANtium be ceased, the tokens previously issued by athletes on FANtium would live on forever on the blockchain and the connections to athletes would be preserved.

Blockchain technology allows athletes to fractionalize their prize money and make it investable by FANs around the world. Each ownership token is stored on the blockchain and can be quickly and easily transferred to another person.

What is FANtium’s role in the sale of an athlete token?

FANtium is a platform that enables athletes to publish and sell tokens directly to FANs. FANtium does not own, mint, sell, purchase or trade any token issued on the platform and does not provide or operate any marketplace or trading infrastructure. Rather, it supports the athletes by providing the technical infrastructure for the token creation and its primary sale. FANtium does not handle any funds of any users. As such, it is important to highlight that there are no monetary flows that go via FANtium. The flow of funds is always directly between the athletes and their FANs.

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