FAN（FansUnite）项目白皮书.pdf

A blockchain sportsbook for the price and security conscious generation.This document contains proprietary ination. Written consent is required for distribution or duplication of any portion contained herein. All rights reserved 2017FansUnite Limited.Version 3.0Copyright © 2017 FansUnite Limited. All Rights Reserved.2Legal DisclaimerThe FansUnite team is aware of potential regulatory issues encroaching on the sports betting industry. There remains risks associated with a decentralized sportsbook and the associated cryptocurrency. FansUnite is vigilant of the potential regulatory ramifications and have taken measures to minimize potential risk in a commercially reasonable manner. FansUnite will remain responsive and will work with regulators as necessary, moving forward.As of the date of publication of this paper, FansUnite Tokens have no known potential uses outside of the FansUnite Plat ecosystem and are not permitted to be sold or otherwise traded on third-party exchanges. This paper does not constitute advice nor a recommendation by FansUnite, its officers, directors, managers, employees, agents, advisors or consultants, or any other person to any recipient of this paper on the merits of the participation in the Token Generation Event. Participation in the Token Generation Event carries substantial risk and may involve special risks that could lead to a loss of all or a substantial portion of such an investment. Do not participate in the Token Generation Event unless you are prepared to lose the entire amount you allocated to purchasing FansUnite Tokens. FansUnite Tokens should not be acquired for speculative or investment purposes with the expectation of making a profit or immediate re-sale. No promises of future perance or value are or will be made with respect to FansUnite Tokens, including no promise of inherent value, no promise of continuing payments, and no guarantee that FansUnite Token will hold any particular value. Unless prospective participants fully understand and accept the nature of FansUnite and the potential risks inherent in FansUnite Tokens, they should not participate in the Token Generation Event. FansUnite Tokens are not being structured or sold as securities. FansUnite Tokens are not participation in FansUnite and FansUnite Tokens hold no rights in FansUnite. FansUnite Tokens are sold as a functional good and all proceeds received by FansUnite may be spent freely by FansUnite absent any conditions, save as setout herein. This paper is not a prospectus or disclosure document and is not an offer to sell, nor the solicitation of any offer to buy any investment or financial instrument in any jurisdiction and should not be treated or relied upon as one. This paper and the Token Generation Event and any ination on the FansUnite website is not intended for nor applicable to Canadian or U.S. citizens, or legal persons and entities domiciled therein. Citizens or legal entities domiciled in Canada or the U.S. may not participate in the Token Generation Event. This paper is for ination only. Written authorization is required for distribution of any or all parts contained herein.Players assume risk when participating in gaming betting activities and such activities have inherent risks. Unforeseen problems could result in the loss of all of a bettor’s funds or digital token value.All ination here that is forward looking is speculative in nature and may change in response to numerous outside forces, including technological innovations, regulatory factors, and/or currency fluctuations, including but not limited to the market value of cryptocurrencies.This paper is for ination purposes only and is subject to change. FansUnite cannot guarantee the accuracy of the statements made or conclusions reached in this document. FansUnite does not make and expressly disclaims all representations and warranties whether express or implied by statute or otherwise whatsoever, including but not limited to any representations or warranties relating to merchantability, fitness for a particular purpose, suitability, wage, title or non-infringement; that the contents of this document are accurate and free from any errors; andthat such contents do not infringe any third party rights. FansUnite shall have no liability for damages of any kind arising out of the use, reference to or reliance on the contents of this document, even if advised of the possibility of such damages. This paper includes references to third party data and industry publications. FansUnite believes that this industry data is accurate and that its estimates and assumptions are reasonable; however, there are no assurances as to the accuracy or completeness of this data. Third party sources generally state the ination contained therein has been obtained from sources believed to be reliable; however, there are no assurances as to the accuracy or completeness of included ination. Although the data are believed to be reliable, we have not independently verified any of the data from third party sources referred to in this paper or ascertained the underlying assumptions relied upon by such sources.Please note that FansUnite is in the process of undertaking a legal and regulatory analysis of the functionality of its FansUnite Token. Following the conclusion of this analysis, FansUnite may decide to amend the intended functionality of its FansUnite Token in order to ensure compliance with any legal or regulatory requirements to which we are subject. In the event that we decide to amend the intended functionality of its FansUnite Token, FansUnite will update the relevant section of this document and upload the latest version of this to its website.Any tokens could be impacted by regulatory action, including potential restrictions on the ownership, use, or possession of such tokens. Regulators or other circumstances may Copyright © 2017 FansUnite Limited. All Rights Reserved.3demand that the FansUnite Tokens’ mechanics be altered, all or in part. We may revise mechanics to comply with regulatory requirements or other governmental or business obligations. Nevertheless, we believe we have taken all commercially reasonable steps to ensure that our planned mechanics are proper and in compliance with currently considered regulations. FansUnite intends to invest the FansUnite Token contributions to fund plat development, marketing, compliance and administration, legal and regulation, and operations. However, FansUnite makes no representations or warranties as to the timing of the delivery of a final working gaming and betting plat accessible by the public. CAUTION REGARDING FORWARD-LOOKING STATEMENTSThis paper contains forward-looking statements or ination collectively “forward-looking statements” that relate to FansUnite’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. FansUnite has based these forward-looking statements on its current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy, financial needs, or the results of a Token Generation Event or the value or price stability of a FansUnite Token. In addition to statements relating to the matters set out here, this paper contains forward-looking statements related to FansUnite’s proposed operating model. The model speaks to its objectives only, and is not a forecast, projection or prediction of future results of operations.Forward-looking statements are based on certain assumptions and analysis made by FansUnite in light of its experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties. Although the forward-looking statements contained in this paper are based upon what FansUnite believes are reasonable assumptions, these risks, uncertainties, assumptions, and other factors could cause FansUnite’s actual results, perance, achievements, and experience to differ materially from its expectations expressed, implied, or perceived in forward-looking statements. Given such risks, prospective participants in a Token Generation Event should not place undue reliance on these forward-looking statements. Risks and uncertainties include, but are not limited to the following factorsSecurity and fraud issues for customer data and FansUnite’s technical infrastructure;Effectiveness of advertising and promotional activities;Competitive nature of the proposed pricing models;Industry competition related to sports betting and/or cryptocurrencies;Risk associated with losing key personnel;Ability to effectively scale operations;Ability to properly protect technology and other intellectual property;Potential Intellectual Property claims;Changing consumer preferences and demand;Inability to adapt to competing technologies;Challenges associated with maintaining FansUnite’s technology infrastructure;Interruption or failure of ination technology and communication systems;Undetected errors in FansUnite software or hardware;Potential security breaches;Laws and regulations relating to FansUnite’s proposed business and other activities;FansUnite undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this paper.OTHER RISK FACTORSIn uating FansUnite and its business, investors should carefully consider and prepare for, in addition to other ination contained in this paper, any and all risk factors. The risks presented in this paper are not a definitive list of all factors associated with an investment in FansUnite or in connection with its operations.Laws and Regulations Relating to FansUnite’s BusinessFansUnite’s business is subject to various laws and regulations in the countries where it operates or intends to operate, including but not limited to laws and regulations prohibiting gambling and related activities. Although FansUnite believes that it is in compliance with all applicable laws and regulations, there is a risk that certain activities of FansUnite may be deemed in violation of any such law or regulation. Penalties for any such potential violation would be unknown. Additionally, changes in applicable laws or regulations or evolving interpretations of existing law could, in certain circumstances, result in increased compliance costs or capital expenditures, which could affect FansUnite’s profitability, or impede FansUnite’s ability to carry on the business model and the FansUnite Token model proposed in this paper.Copyright © 2017 FansUnite Limited. All Rights Reserved.41.0 - 2.0 - 3.0 - 4.0 - 5.0 - 6.0 - 6.1 -6.2 -6.3 -6.4 -6.5 -7.0 -7.1 - 7.2 - 7.3 - 7.4 - 7.5 - 7.6 - 7.7 - 7.8 - 7.9 -8.0 - 05060910121212131313131414141515151617171818181818191919202122BackgroundFansUnite TeamMarket Opportunity Problems Faced By Sports Bettors Outline for a Solution The Best OddsFast PayoutsA Cooperative CommunityTrustless BetterFansUnite Token ValueTransparencySecurity and PrivacyGovernanceResponsible Gaming InitiativesFansUnite PlatCirculating Token SupplyPlat Supply PoolCommunity Incentive PlanSocial Network1 MarginTechnical ArchitectureEthereum Smart ContractsHybrid Oracle SolutionDispute ResolutionManaged ServerClient / Web ApplicationsRisk ManagementTechnical Process - Event CreationTechnical Process - Bet SubmissionTechnical Process - Bet ResolutionSummaryTable of ContentsCopyright © 2017 FansUnite Limited. All Rights Reserved.51.0 - BackgroundWe are revolutionizing the sports betting industry by harnessing the power of blockchain technology to provide cheaper, more secure, verifiable and transparent betting.FansUnite Limited. “FansUnite”, a Gibraltar based company, will be the first decentralized social sports betting plat in the world. FansUnite is created by bettors, for bettors, and was founded with the mission to improve conditions for sports bettors everywhere. We are revolutionizing the sports betting industry by harnessing the power of blockchain technology to provide cheaper, more secure, verifiable and transparent betting. Members will be able to place bets on events as with a regular centralized fiat-only sportsbook. Additionally, members will also have access to the FansUnite community where they will be able to share their betting history and upcoming picks with other bettors in order to improve the probability of profitability. Further, community engagement on the plat such as posting bet rationale, sharing winning picks, and social sharing will be rewarded. FansUnite will provide better odds, encourage members to collaborate, and reward those who embrace this community concept. FansUnite is building a sportsbook where everyone can win.FansUnite aims to be the first regulatory compliant decentralized social sportsbook, with a 1 margin, and a community of fellow bettors striving to make your betting experience increasingly profitable. We believe the value proposition posed by FansUnite of better odds, community building incentives and verifiable results on the blockchain will prove highly compelling to potential token holders and members of the plat.Copyright © 2017 FansUnite Limited. All Rights Reserved.62.0 - FansUnite TeamManagement and Advisory Team BiosFansUnite is composed of a group of passionate sports fans and experienced community builders. The FansUnite team has significant experience operating a fully compliant and transparent publicly traded company and will strive to provide a high level of disclosure to token holders.The team behind FansUnite have been long-time proponents of improving conditions for sports bettors, having created and operated a sportsbook utilizing a virtual currency for the past four years visit . During this time, the founders and developers have proven their passion for the sports betting space, self-funding and bootstrapping the endeavour to continue allowing bettors to collaborate and improve results against the house.Currently, FansUnite is a social sports betting network through which members can track their results and follow other bettors to help each other win. The team has built an amazing community that grows every day, with top bettors having thousands of followers. The effects of crowdsourced data are significant and the time is here to bring this edge to real money gaming.FansUnite is excellently positioned to leverage the expertise of its team, partners, and advisors who are industry leaders in blockchain tech