Fanfare ICO: Inside Out
There is so much to share about the Fanfare ICO and here is a quick roundup. Just the icing on the cake.
Yes we raised about US$9M mostly from our private sale and partners. And we did not hit our hard-cap of US$40M. Crowd sale was almost inexistent and no matter how many marketing agencies tell you otherwise, there is just not enough retail investors to feed the thousands of hungry ICOs, IEOs, or STOs during this crypto winter.
It was two years of very intense work, a lot of traveling, a lot of meetings, and building the Fanfare platform and ecosystem at the same time. Super-charged, high energy, maximum octane kind of life for the entire team. Awesome!
Tokenising the existing Fanfare’s Social Commerce platform and integrating blockchain are crucial part of the process to ensure the sustainability of the ecosystem. The ICO is a small part of what we considered token-financing in the larger scheme of thing. The FAN TOKEN, besides being an appreciating asset for our investors and holders, also creates a lot of opportunities for Fanfare to work with many other ecosystems i.e., philanthropy, gaming, film financing, and even among devotional communities. This will proliferate the use of the FAN TOKEN.
With this exciting milestone of completing our ICO and the FAN TOKEN now trading on an exchange, Fanfare will continue to surge forward to bring the Social Commerce experience to more people on the globe, to bring the world to a new era of Online Shopping!
