What is a fan token?
Fan tokens are totally “fungible,” or interchangeable, in contrast to NFTs. As a result, the tokens can be used to buy items from sports clubs, VIP experiences, and other things much like fiat or cash. They also contribute significantly to the club community’s tightening through another form of fanaticism that bears the team’s logo.
Fan tokens are cryptocurrencies that may or may not be supported by the fundamental values of Bitcoin or Ethereum. They are worth what the fans are willing to pay to be able to join the team and gain special advantages.
The Manchester City Fan Token, AC Milan Fan Token, Juventus Fan Token, and many more have all been inspired by the earliest and most well-known fan token, the Chiliz. These currencies represent a completely new application for cryptocurrency as blockchain innovation soars to new heights.
Top 10 fan tokens by market capitalization
The LAZIO token is currently trading for $5.12 and has a market cap of roughly $33 million. LAZIO was also first introduced on Binance Launchpad. The fact that SS Lazio had a strong start to this season, which will probably have a beneficial impact on the price as well, is even more crucial.
This fan token offers specific benefits including access to GameFi, an NFT collection, and staking prizes in addition to some of the more common ones like participation in team activities and voting power. SANTOS, one of the most valuable fan tokens in terms of market capitalization, is currently trading at $6.79 and has a market cap of $30 million.
The solely authorized fan token for the Argentine Football Association is called ARG. Fan Tokens are perpetual digital assets. Think of them as your regular membership with the added benefits of voting on club decisions, exclusive access to your team, and once-in-a-lifetime experiences. The current price of the Argentine Football Association Fan Token is $3.60 and has a market cap of $15 million.
The Brazilian government is the sole backer of this fan token, which is traded on centralized platforms. National fan token holders enjoy various advantages over club fan token holders. The current price of the Brazil National Football Team Fan Token is $0.27 and has a market cap of $8 million.
This token comes with several benefits, such as access to VIP events, official swag, voting rights for the FIFA-22 PSG cover art, and more. The current live Paris Saint-Germain Fan Token price is $5.54 and has a market cap of $21 million.
Access to club resources, a discount on match tickets, exclusive insider knowledge, and limited-edition goods are the key advantages of owning a BAR token. The current live FC Barcelona Fan Token price is $3.65 and has a market cap of $20 million.
It was developed by Manchester City. Manchester City may very possibly win this season’s Premier League thanks to their recent run of success. The current live Manchester City Fan Token price is $4.17 and has a market cap of $18 million.
With the JUV Fan Token, you can influence Bianconeri’s decisions, gain access to VIP experiences, acquire licensed merchandise, and more. The current live Juventus Fan Token price is $3.12 and has a market cap of 11 million.
The infamous global football team tokens made by Socios are just behind AC Milan’s supporter token, or ACM. The current price of the AC Milan Fan Token is $2.59 and has a market cap of $11 million.
Spain National Football Team’s Token platform allows fans to take part in special surveys and events, build digital collections, buy NFTs, and take advantage of gamification and mission aspects connected to fan incentives, missions, and amazing experiences. The current price of the Spain National Fan Token is $0.12 and has a market cap of $3 million.
By employing the platform’s native CHZ token, several fan tokens are accessible on Socios.com. CHZ tokens are readily available on several cryptocurrency exchanges, including Zipmex. With reasonable transaction costs and simple purchasing and selling procedures, Zipmex is a well-known platform for exchanging digital assets.