FanTV, the leading watch-to-earn gained 100k users in 10 days with Web3Auth

After integration with Web3Auth’s SDK, FanTV, one of the fastest growing consumer dApps, has gained over 100,000 users within a span of 10 days. Till date, it has connected 480,000+ smart accounts.

What FanTV is and their Platform Goals

FanTV is a SocialFi platform bringing in mass user adoption leveraging entertainment as the cornerstone.

In the rapidly evolving landscape of the creator economy, FanTV has emerged as a groundbreaking dApp. It empowers independent creators with discovery, distribution and monetisation avenues as they transition the Creator Economy onchain.

FanTV aspires to be one of the top entertainment platforms in time to come.

Onboarding a Blend of Cryptonative and Non-Cryptonative Audience

If there is any feat better than attracting a wide range of Web3 users into your dApp, it is onboarding non-crypto users and making their wallet experience so seamless they barely notice they are in the blockchain. That is what FanTV has done. Today it has crossed a whopping 850,000+ UserOps by allowing their user base to create smart contract wallets through social logins.

FanTV’s unique business model incentivizes users to consume content by giving away FanTV coins and IOU tokens, which can use used to avail exciting rewards. This incentives a user to use the platform and reward them for their time. It makes sense for the platform to decentralize the payments with watch-to-earn. Just one little problem: not all their target audience knows how to use a crypto wallet.

So, they initially set out for an open source custodial wallet provider to onboard non-web3 users.

Unleashing Real Ownership with Non-Custodial Wallets

“People started asking ‘Can I go sell these NFTs or tokens in marketplaces?’ And given our upcoming token launch, ‘How do you plan to keep ownership decentralized?’”

The product was a hit, but the crypto-literate segment of their users also wanted a self-custodial solution. That is why they decided to partnered with Web3Auth to do just that:

The best part: with the help of social authentication, they have on boarded 100k users in just 10 days. Not only does Web3Auth enables the creation of secure, self-custodial wallets with MPC, our SDK also enables social logins and doesn’t require their users to keep seed phrases:

It was hitting two birds with one stone: 

• On one hand, web3 users were happy because they get self-custodial wallets that give them full control of their token rewards.
• On the other hand, it significantly bolstered conversion rates for non-web3 users with the frictionless onboarding experience made possible with a one-tap social login of their choice.

Web3Auth offers the safest and easiest self-custodial wallets through the power of MPC: storing shards of the key in different places like the user’s socials, their device, and many other customizable authentication factors. Find out more on how this architecture works.

Fast Integration with the Concise Documentation

When asked about the developer’s experience in integrating FanTV with Web3Auth, Manthan Thaker of FanTV shared that the integration is very seamless and straightforward.

“…we spoke and we told them there was no need for tech assistance from Web3Auth. That is how clear and concise the documentation is.’”

It took them less than two weeks to get such an impactful service up and running.

How it is Today

FanTV is planning to roll out token rewards that give its most active users a piece of the platform. With the most secure wallet and key management infrastructure powered by Web3Auth, there is no wonder that lakhs of their users are going to enjoy self-custodial benefits without any of the hassle.

The integration has worked perfectly with Biconomy’s Account Abstraction stack and has garnered over 1 million UserOps to date.

Are you looking for solutions to onboard thousands of users into your dApp? Web3Auth SDKs are low-effort integrations that can have a huge impact on your traction. You can check it out and find out more.