Exciting Milestone Achieved by FanTV on Sui Mainnet
Last week, FanTV, a leading SocialFi platform, celebrated a significant achievement of onboarding over 1 million new user accounts on Sui, contributing to 48% of the total 2.6 million wallet growth on the platform. The integration of FanTV with Sui showcases the successful merging of blockchain technology with social media, enhancing user engagement and expanding decentralized networks. This marks a crucial step in mainstream blockchain adoption within the content streaming industry.
Empowering the Creator Economy with FanTV
Founded by Prashan Agarwal, FanTV is revolutionizing the creator economy with its unique Create/Watch to Earn model, bringing a web2 user experience to the web3 ecosystem. Users and creators can earn points for engagement and content creation on the platform, which are then converted to platform tokens for various utilities like content promotion, creator tipping, and subscriptions. With over 4 million users and 20,000 creators, FanTV’s inclusion has led to significant growth and the onboarding of more than 1 million wallets to Sui.
- FanTV has over 4 million users and 20,000 creators
- The platform allows users and creators to earn points for engagement and content creation
- Points can be converted to platform tokens for various utilities
Excitement Over Milestone Achievement
Prashan Agarwal, Founder, and CEO of FanTV expressed enthusiasm about reaching this milestone, emphasizing the value brought to users through the partnership with Sui. The collaboration between FanTV and Sui demonstrates the potential for user engagement, creator monetization, and technological innovation in the blockchain space. The rapid growth in established wallets signifies a promising future for both platforms and their shared vision of decentralizing the creator economy.
Positive Outlook on Growth and Expansion
Greg Siourounis, Managing Director of Sui Foundation, commended FanTV on its integration with Sui, highlighting the platform’s ability to seamlessly handle significant increases in wallets without compromising user experience. The massive influx of users demonstrates the power of collaboration and innovation, paving the way for further growth and adoption within the Sui ecosystem. FanTV’s future plans include global expansion, aiming to onboard over 100,000 creators and 10 million users in the next year.
About FanTV
FanTV is a cutting-edge content creation platform that empowers users to create, consume, and earn rewards. By bridging the gap between traditional and Web3-enabled video streaming experiences, FanTV aims to democratize content ownership and empower creators of all levels. The platform’s vision is to attract the next billion users to Web3 by fostering creativity and decentralizing content discovery.
About Sui
Sui is a groundbreaking Layer 1 blockchain and smart contract platform designed to make digital asset ownership accessible to all. Built on the Move programming language, Sui offers fast, private, and secure transactions with parallel execution, sub-second finality, and rich on-chain assets. With scalable processing and storage capabilities, Sui supports a wide range of applications at unparalleled speed and low cost, providing creators and developers with a platform to build user-friendly experiences.
- Learn more: https://sui.io
- Name – Prashan Agarwal
- Company Name – FanTV
- Email – [email protected]
- Website – https://fantv.world/
- Location – Dubai, UAE
Hot Take: Embracing Innovation and Collaboration in the Crypto Space
As the crypto landscape continues to evolve, partnerships like the one between FanTV and Sui exemplify the potential for growth, innovation, and mainstream adoption within the industry. By integrating blockchain technology with social platforms, these collaborations are paving the way for a decentralized future where users and creators can interact seamlessly and benefit from new monetization opportunities.
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