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List of Best Fan Tokens in 2022- How to Buy or Sell Fan Tokens?
Do you enjoy watching sports? If so, you’ve likely come across the term “fan tokens.” Fan Tokens are digital assets that can be used to gain entry to premium content and other benefits associated with a specific sports team, league, or player.
Socios.com has been used by a number of sports teams to launch fan tokens, including Manchester City, Paris Saint-Germain, and Alpine Team.
This article will examine the ten largest token holders by market cap. Will you decide to put your money into one of those options? In other words, let’s get down and dirty!
What are Fan Tokens?
Before diving into which fan tokens are the best, it’s important to define and describe these digital collectibles. Fan tokens are digital assets that can be used to gain access to a wide range of benefits and amenities offered by sports teams and leagues.
Like other digital currencies, Fan Tokens can be bought, sold, and traded on cryptocurrency exchanges. Prices for tokens are initially determined by the sellers and then fluctuate based on factors like supply and demand. In particular, fan tokens grant their owners the right to vote on issues involving their favorite sports team.
In order to tokenize their involvement with their favorite sports team, fans will soon be able to use “fan tokens,” which represent a promising development in the future of the sports economy. Fan tokens use the voting and utility features of cryptocurrencies to give fans a voice in the direction of their favorite teams. Therefore, the greater your stockpile of fan tokens, the more sway you’ll have over the teams you support.
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List of Best Fan Tokens
Here is a list of the most popular and successful fan tokens, based on their market cap, as taken from CoinMarketCap.
1. Alpine F1 Team Fan Token (ALPINE)
In the form of a BEP-20 utility token, the Alpine F1 Team Fan Token (ALPINE) is the official cryptocurrency of the Formula One racing team BWT Alpine F1.
With the launch of BWT Alpine F1 on Binance Launchpad in February 2022, ALPINE token holders can look forward to exclusive fan experiences and take part in the platform’s voting session in a way that previously was not possible.
The ALPINE token also includes a small number of NFTs with which to stake for rewards. This fan token grants access to exclusive, once-in-a-lifetime experiences, such as a meet-and-greet with the F1 team, official merchandise signed by the F1 teams, and more.
There will never be more than 40,000,000 ALPINE tokens in circulation. This supporter token is currently trading at US$3.18 and has a market cap of US$36.2m as of June 2022.
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2. SS Lazio Fan Token (LAZIO)
An additional project from Binance Launchpad, SS Lazio has released a fan token known as the LAZIO token.
Italian professional sports club SS Lazio has won two Serie A championships, seven Coppa Italia titles, three Supercoppa Italiana titles, and one UEFA Cup Winners’ Cup and one UEFA Super Cup.
Stock in SS Lazio (LAZIO) is trading at $2.44 per share in June 2022, giving the company a market cap of $21.2 million.
3. Santos FC Fan Token (SANTOS)
Fan token for Santos FC, listed on Binance Launchpool as SANTOS. Situated in the city of Vila Belmiro, So Paulo, it is a professional football team in Brazil.
The SANTOS token grants the holder many privileges, including full participation in all team activities and the ability to voice one’s opinion or cast a vote on any matter pertaining to the team.
In addition, they are given access to things like special NFTs, rewards, and GameFi that no one else gets.
As of June 2022, the market capitalization of the Santos FC fan token (SANTOS) is US$ 20 million, and it is trading at US$ 4.38.
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4.FC Barcelona Fan Token (BAR)
The FC Barcelona (BAR) fan token was developed by the club and cryptocurrency exchange Chiliz. Chiliz is a worldwide leader in the provision of blockchain-based financial technology to the sports and entertainment sectors.
The June 2020 launch of the BAR token will facilitate the tokenization of interactions between fans of different clubs around the world and their respective teams’ players.
Using the BAR token, supporters can vote on various FC Barcelona-related topics and potentially win exclusive prizes like tickets to games, limited edition merchandise, and even invitations to private team meetings.
As of the middle of June 2022, the BAR token was trading at $2.23 USD and had a market cap of $17.4 m.
5. Paris Saint-Germain Fan Token (PSG)
The $PSG token is a supporter token for the Paris Saint-Germain football team, which debuted on Socios.com.
Fans can have an impact on the team’s direction and development throughout the season by purchasing this token, which also grants them access to exclusive events and merchandise.
In addition to deciding the look of the new Parc des Princes stadium, $PSG holders can cast their vote on the cover art for the limited edition FIFA-22 PSG.
An intriguing aspect of this platform is that some token holders have already received video calls from first-team players.
PSG fan tokens, like Bitcoin and other cryptocurrencies, can be bought and sold on digital asset markets. When speculation mounted that Lionel Messi would be joining the Paris Saint-Germain football team, the trading volume of this token increased by more than 130% in just five days, according to the team.
The market cap of all $PSG tokens in circulation as of the 6th of June, 2022, is USD $22.3 million, and the token itself is trading at USD $7.23.
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How to Buy or Sell Fan Tokens
Many fan tokens can be easily purchased on various crypto exchanges, including BTCC , which is a cryptocurrency exchange situated in Europe, was founded in June 2011 with the goal of making crypto trading reliable and accessible to everyone.
BTCC launches fan tokens and tokenized futures. Enjoy a 50% rebate on trading fees for the 1st week.
In celebration of World Cup 2022, we are happy to announce that we have listed six popular fan token USDT-margined futures, and they are now available for trading on our web and app platforms. Below are the details of the newly-added trading pairs.
In addition, we have also launched tokenized stock and commodity USDT-margined futures. These tokenized futures contracts are innovative products invented by BTCC, and users can trade stocks and commodities with USDT on our platform. Below are the details of the newly-added trading pairs.
To buy/sell these new products, simply go to the Markets page, tap USDT-margined, and choose Perpetual, and you will find these products available for trading.
Limited-time promotion
During 18-24 November 2022, trade the above newly-added futures to enjoy a 50% rebate on trading fees!
Rules:
1. The maximum amount of trading fee rebates for each user is capped at 200 USDT.
2. The rebates will be credited to users’ accounts within two business days after the campaign ends. In the event of a holiday, it will be postponed.
3. The rebates issued in this campaign are withdrawable USDT and will be issued automatically to the users’ accounts.
Thank you for your support!
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