FAQ
Frequently Asked Questions
General Questions
What is Fan App?
Fan App is an exclusive content platform for creators to monetize access - to content, trade ideas, research, time, expertise and/or more.
On the other hand, fans purchase creator keys to access their favourite creators. The value of these keys varies dynamically based on the demand to access the creator, thereby "creating markets" around the social networks of creators - ‘Public Markets’ for Creators.
Who is Fan App for?
Fan App is appropriate for all types of creators, traders, who are seeking to monetize their content, grow their audience, and foster deeper engagement with their super fans.
It’s also for fans who want exclusive access to creators while participating in their growth journey, turning them from passive spectators into active supporters.
How is Fan App different from other platforms like Friend.Tech, OnlyFans or Patreon?
Fan App provides time-based access through Creator Keys, making pricing more dynamic and reflective of real-time demand.
Our model also introduces a market-driven approach where fans can speculate on creators and benefit from their growth, creating a more interactive and incentivized ecosystem.
Creator Keys
What are Creator Keys?
Creator Keys grant fans access to their favorite creators on Fan App. These keys are dynamically priced based on demand using a bonding curve and consumed after a set period, ensuring that access remains exclusive and time-limited.
What is a bonding curve?
A bonding curve is a mathematical pricing mechanism that determines the cost of Creator Keys based on the total number of keys sold.
As more keys are minted (or consumed), the price increases (decreases), creating a dynamic and transparent pricing structure tied to demand.
Can I customize my pricing curve?
In Fan App v1.0, a standardized pricing curve is used for all creators. Customizable pricing curves will be introduced in Fan App v2.0 to optimize access for their fans, balancing exclusivity and reach for each and every creator.
Platform
What are Fan App's Platform Fees?
Fan App charges a 2% fee on trading volume for Creator Keys and a 20% fee on creator revenues. Half of all fees are redistributed to keyholders, while the rest supports the platform’s development and operations.
Miscellaneous
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