Do you enjoy sports? If you are, you have undoubtedly heard of “fan tokens.” Football Fan Tokens, which are available in the cryptocurrency world, provide you access to exclusive membership benefits for sports teams, leagues, and even specific players!
Only a few sports franchises, like Manchester City, Paris Saint-Germain, and Alpine Team, have introduced football fan tokens via Socios.com. We’ll examine the top 10 token supporters today, ranked by market capitalization. Which one will you choose to invest in? Come on, let’s get started!
What are Fan Tokens?
Let’s first clarify what football fan tokens are and how they operate before analyzing the finest fan tokens. Fan tokens are digital assets that grant their owners access to a range of amenities and services offered by sports leagues.
Like any other digital currency, football fan tokens can be bought and sold on a variety of cryptocurrency exchanges. The sellers establish the prices for each token, which then change in reaction to the market and the degree of demand for a certain token at any given time.
Particularly football fan tokens enable its owners to vote on numerous issues pertaining to their preferred sports team. Depending on the team, voting subjects may differ, however, the most popular ones include:
● Team merchandise design
● Tourist bus design
● Ticket problem
● Match location
● MVP category
Unquestionably, football fan tokens are the method fans will interact with their preferred sports team in the future of the sports market. Fan tokens utilize the practical aspects of cryptocurrencies to provide users with a voting mechanism via which they may influence team choices. You, therefore, wield greater influence in the sports clubs you join the more football fan tokens you have.
List of the Top football Fan Tokens Based on Market Cap
Here is a list of the top and greatest football fan tokens according to market capitalization, taken from CoinMarketCap.
Paris Saint-Germain Fan Token (PSG)
The $PSG token, which was introduced on Socios.com, is a supporter token for Paris Saint-Germain, a well-known soccer team. With the use of this token, supporters may influence the team’s long-term objectives and competencies as well as access to VIP events and licensed items.
PSG subscribers may also cast their votes for the new Parc des Princes stadium design and the cover of the special edition FIFA-22 PSG. It’s interesting to note that some platform users have even gotten video calls from players on the first team.
PSG fan tokens may be exchanged on cryptocurrency exchanges much like Bitcoin and other crypto assets. When there were reports that Messi might join the PSG squad, the trading volume of this token soared by more than 130% in just five days, according to the team.
SS Lazio Fan Token (LAZIO)
SS Lazio released a fan token known as the LAZIO token as part of yet another Binance Launchpad initiative.
Italian professional sports team SS Lazio has won two Serie A championships, seven Coppa Italia titles, three Supercoppa Italiana titles, one UEFA Cup Winners’ Cup, and one UEFA Super Cup.
Santos FC Fan Token (SANTOS)
On Binance Launchpool, Santos FC (SANTOS) is the team’s fan token. It is a Brazilian football team based in Vila Belmiro, state of So Paulo.
The SANTOS token has several advantages, including the chance to participate in all team events and the ability to voice opinions or cast votes on issues pertaining to the team.
Additionally, holders receive special benefits including restricted NFTs, prizes, and GameFi access.
Manchester City Fan Token (CITY)
The popular football team Manchester City began in March 2021, and its fan token, Manchester City (CITY), was also generated on Socios.com.
Due to their four Premier League championships and top 10 finishes over the previous ten years, Manchester City is regarded as a global powerhouse. Pep Guardiola, who will be the highest-paid football manager in the world in 2022, is in charge of the squad.
Because of this, the performance of Manchester City on the pitch and the development of blockchain technology both have a significant impact on the value of this fan token.
When it was speculated that Cristiano Ronaldo might join the squad, the value of the CITY token increased; however, it dropped once the transaction fell through.
FC Porto Fan Token (PORTO)
The FC Porto community is essentially the focus of the PORTO coin, which debuted on the Binance Network on November 6, 2021.
The Portuguese Premier League football team FC Porto (PORTO) was founded in 1983. The team is well-known for having a large following and for being Portugal’s second-richest football team.
FC Barcelona Fan Token (BAR)
The FC Barcelona (BAR) fan token was developed in association with Chiliz. Chiliz is a leading global provider of financial blockchain technology for the sports and entertainment sectors.
By tokenizing their interactions with the club players, the BAR token, which will be introduced in June 2020, promises to bring together club supporters from all around the world.
Fans may participate in polls about FC Barcelona’s activities using the BAR token, and the results may result in special rewards like invitations to team meetings, limited-edition merchandise, and match tickets.
AC Milan Fan Token (ACM)
One of the 40 fan tokens on Socios that represent major international football teams is the AC Milan Fan Token (ACM).
ACM, like most other football fan tokens, gives AC Milan supporters an opportunity to show their devotion to the team by tokenizing their reward points, participating in special events, and buying official team products.
Galatasaray Fan Token (GAL)
A supporter token for the sports team Galatasaray is called the Galatasaray Fan Token (GAL).
Students from Istanbul’s Beyoglu neighborhood’s Galatasaray Lycee created the squad in 1905.
Galatasaray was the first Turkish club to win the UEFA Cup and Super Cup in 2000. They have also won the Turkish Super League 22 times, with the most recent victory coming in the 2018–19 season.
Inter Milan Fan Token (INTER)
The Inter Milan (INTER) fan token lets Inter Milan supporters influence team choices or even choose a song to sing in victory celebrations.
Fans with INTER tokens may meet and greet their favorite players, gain early access to the stadium, and more, much like fans with ordinary football fan tokens.
Football teams have started engaging in online competitions over the past several months in addition to playing in national leagues and international competitions. When it comes to new marketing prospects, some people have remained cautious while others have aggressively increased their presence in the digital market.
Fan tokens have gained popularity among football supporters as one of the key digital assets provided by football teams. Now that many teams have their own currencies, Socios and Binance continue to be the top venues for releasing football fan tokens. Users may swap coins on trading platforms, just as with other cryptocurrencies, and each currency has a unique value and market capitalization.