Frequently Asked Questions
Everything you need to know about FanCup
What is FanCup? +
FanCup is a SocialFi platform on Solana that allows creators to launch their own tokens and build a tokenized economy with their fans.
Do I need a crypto wallet? +
Yes, you need a Solana-compatible wallet like Phantom or Solflare to interact with the platform features fully.
Is it free to join? +
Yes, creating an account is free. Some advanced features or token minting may require small transaction fees (gas) in SOL.
How do Creator Keys work? +
Creator Keys are tokens that represent ownership in a creator's economy. They're launched on a bonding curve, which means the price increases as more keys are purchased, creating instant liquidity on Solana.
What is a bonding curve? +
A bonding curve is a mathematical formula that determines token prices. As more Creator Keys are bought, the price increases. When keys are sold back, the price decreases. This creates automatic liquidity without needing a traditional exchange.
How do I earn rewards as a fan? +
Fans can earn rewards through multiple ways: holding Creator Keys (which may appreciate in value), reaching higher Fan Levels for exclusive perks, collecting NFT Badges, and participating in governance votes. Early supporters often get the best rewards!
What are Fan Levels? +
Fan Levels are tiered membership systems that reward your dedication to creators. The more Creator Keys you hold and the longer you've supported a creator, the higher your level. Higher levels unlock exclusive content, early access, and special privileges.
Can I trade Creator Keys? +
Yes! Creator Keys can be bought and sold at any time through the bonding curve. You can also trade them on secondary markets like Magic Eden or other Solana NFT marketplaces if the creator enables that feature.
What are the transaction fees? +
Solana network fees are extremely low, typically less than $0.01 per transaction. FanCup doesn't charge additional platform fees for most transactions. Some premium features may have optional fees that go directly to creators.
How do NFT Badges work? +
NFT Badges are collectible achievements that prove your loyalty and participation. They're minted as Solana NFTs and can unlock exclusive content, special events, or serve as proof of early support. Badges can be traded but are non-transferable in some cases to maintain exclusivity.
Is my data and wallet secure? +
Yes! FanCup uses industry-standard security practices. We never store your private keys or seed phrases. All transactions are executed directly from your wallet, and we use encryption for all user data. We also offer two-factor authentication (2FA) for additional account security.
Can creators withdraw their earnings? +
Yes, creators can withdraw their earnings in SOL at any time. Revenue from Creator Key sales, platform features, and other monetization streams are automatically deposited to the creator's wallet, minus any platform fees (if applicable).
What happens if a creator leaves the platform? +
If a creator decides to leave, their Creator Keys remain tradeable on the bonding curve. Holders can continue to buy and sell keys. The creator's content and community features may become read-only, but your investment in Creator Keys is preserved on-chain.
How do I connect my wallet? +
Click the "Connect Wallet" button in the navigation or dashboard. You'll be prompted to select your wallet (Phantom, Solflare, etc.) and approve the connection. Make sure you have the wallet extension installed in your browser first.
What is the minimum investment? +
There's no set minimum! You can buy as few or as many Creator Keys as you want. Since Solana fees are so low, even small investments are practical. Some creators may set their own minimums for certain features or perks.
Are there any risks? +
Like any investment, Creator Keys carry risk. Prices can go up or down based on demand. Always do your own research, invest only what you can afford to lose, and understand that the crypto market is volatile. Never share your wallet's private keys or seed phrase with anyone.
How do governance votes work? +
Creators can enable governance voting where Creator Key holders vote on important decisions like content direction, platform features, or community initiatives. Your voting power is proportional to the number of Creator Keys you hold. Votes are recorded on-chain and are transparent.
Can I sell my Creator Keys anytime? +
Yes! Creator Keys can be sold back to the bonding curve at any time. The price you receive will be based on the current curve position. Keep in mind that selling may affect your Fan Level and access to exclusive content.
What makes FanCup different from other SocialFi platforms? +
FanCup is built specifically for Solana, offering lightning-fast transactions and near-zero fees. Our bonding curve model provides instant liquidity, and our Fan Level system creates deeper engagement. We focus on long-term creator-fan relationships rather than just trading.
How do creators launch their tokens? +
Creators can launch Creator Keys through a simple onboarding process. They set initial parameters like starting price and bonding curve settings, then their keys go live. The platform handles all the technical complexity, so creators can focus on building their community.