CDS Collaboration Fandora Network Partnership with 5KM
Collaboration

Fandora Network Partnership with 5KM

391
fandora partnersip with 5KM
fandora partnersip with 5KM

Fandora Network and 5KM announced their strategic partnership!

5KM is a Web3 Lifestyle App & community. In the age of rapidly developing industry 4.0, issues such as human health and global warming are among the biggest problems that have ever happened to humankind. In addition to its efforts to build a decentralized sports community, to encourage people to love and promote sports, the company aims to both encourage people to enjoy a healthy lifestyle and become bloggers for environmental protection. 

The 5KM app features Game-Fi, a concept that rewards people who do sports to improve people’s lifestyles. In the application, users can earn rewards by doing activities such as walking, jogging, and running in groups. 

While 5KM creates awareness that people should take care of their own health and environmental health, it also encourages users by integrating this into web3 technology. 

In this regard, we will see the developments and studies related to the 5KM strategic partnership with Fandora in the future.

About Fandora Network  

Fandora Network is a POS Blockchain designed to create an ecosystem that caters to the community of sports and entertainment fans by providing a dedicated infrastructure that allows developers to grow Sports and Entertainment products on the chain. The project was born to address natural issues such as community ownership and voting rights, the copyright issue, the profit-sharing economy, and the connection between the fan community and celebrities.

The philosophy of Fandora Network is based on four principles of blockchain technology: 

  1. Security
  2. Integrity
  3. Inclusive
  4. Decentralization

To build solid foundations, they are building the latest ecosystems with the desire to have a Fan Community as a strong financial environment, to provide value, to connect and to share profits with the most passionate people in the community.

The main idea of Fandom, on the other hand, is to distribute Tokenomic with strict financial principles to create a loyal, caring community by providing incentives for members to interact with the Fandora Network. New crypto participants will also be able to learn about blockchain technology and how to establish, protect and grow digital assets using them to invest in Fandora ecosystem products. On top of that, members will become part of the Fan Network and will have the same rights as shareholders when holding FAN tokens. Validators will help expand the network to attract more products and talented developers, thereby increasing liquidity and creating a strong connection with the Fandora Network community itself.

About 5KM

5KM is a Web3 lifestyle app and community. Developed with inspiration from the 10km lifestyle app founded in 2014.

Written by
Burak DANACI

The author focused on financial markets after graduating from Anadolu University, Department of Economics. After meeting with blockchain technology in 2019, he produces content on youtube and twitter in this field.

Leave a comment

Leave a Reply

Related Articles

Vietnamese Tech Firm Partners with Nvidia to Build 200M Dollars AI Factory

Vietnamese IT firm FTB and Nvidia are teaming up to build a...

Hong Kong Bitcoin and Ethereum Spot ETFs, Aiming to Cement Status as Crypto Center

On Monday, Hong Kong gave the green light to numerous spot Bitcoin...

Winklevoss Twins Invest 4.5M Dollars of BTC, Become Co-Owners of Bitcoin Soccer Club

The Winklevoss twins are backing Bitcoin podcaster Peter McCormack's vision to elevate...

Microsoft and AWS commit 17.9 billion Dollars to develop AI technology in Japan as part of US deal

As part of the agreement, Microsoft and Amazon Web Services have committed...