At 16pm (UTC) on March 09, 2021, VBC hosted the AMA show with Rage Fan project, whose representative for this AMA is Mr. Satheesh – CEO and Mr. Vivek – Marketing Head
Brief introduction of the guest and Rage Fan:
Hi and Hello Everyone out there. Satheesh wont be joining today due to some personal emergencies but he has conveyed his greetings to all and also an apology for not being able to make it here at this AMA.
So, I am Vivek Kumar and I lead Marketing here at Rage.Fan. I have done masters in Business Administration and have 7 years of industry experience. My experience ranges across Strategy & Consulting, Marketing, Program Management etc. In past have worked with some of the large MNCs and Consulting firms.
Talking about Satheesh,
Satheesh is the CEO of RAGE.Fan. He has been in tech for more than 20+ years and managed large projects & programs. And last 4 years on blockchain across enterprise and crypto and this is his second project in this space.
Through Rage.Fan we are trying to bring fantasy sports and blockchain under the same ambit. So, essentially it’s an on-chain fantasy sports and quizzing platform, where sports fans can use their skills, knowledge and situational awareness to participate, play, win and get rewarded.
All you need is a phone + internet connection + Rage.Fan app and you are good to go.
To make all this happen we are introducing $RAGE, a Rage.Fan native token which serves the dual purpose of “game play” and “governance” and comes with several other added utilities.
One can read more at: https://www.rage.fan/
What is the use case of $RAGE token? Can you tell me what is the incentive for market demand of $RAGE token? Can you convince us about long-term potential increase in $RAGE market value? @imavericks
So, $RAGE comes with several features:
— Core utilities: Game currency, Governance
— Innovative utilities: AR token mining
— Value added benefits: Referral mining, staking, yield farming, play mining and social media mining
AR token mining is a very innovative idea and we have published a detailed article also on the same: https://medium.com/@ragefan/rage-utility-series-ar-token-mining-9bb367e79549
We are in the process of publishing detailed articles on each feature and some are out also. You can read them here at: https://medium.com/@ragefan
To the 2nd part of the question :
— The industry we are in is a growing industry and holds great growth prospects.
— Our value proposition is very fundamental and aligned to the problem(s) we are trying to address.