Celebrating the World Cup – Fan Token New Listings
As the quadrennial World Cup is finally underway, all eyes are on the host nation Qatar and its players, while cryptocurrencies issued by sports teams called “Fan Tokens” are attracting interest from traders in the crypto space.
In celebration of the 2022 FIFA World Cup, BTCC has listed 6 new Fan Tokens: CHZ (Chiliz), PSG (Paris Saint-Germain), CITY (Manchester City), JUV (Juventus), POR (Portugal National Team) and ATM (Atletico De Madrid). Here are the contract specifications for the new coins.
What are fan tokens?
Fan tokens allow fans to support and engage with their favourite sports teams, leagues, and clubs in a unique way. Through Socios.com, holders of fan tokens are entitled to exclusive membership perks such as access to exclusive content, promotions, rewards, VIP experiences, and even the right to vote on club decisions.
The number of fan tokens launched on the Socios.com platform is growing rapidly. The platform is not limited to football but also basketball and even e-sports (video gaming), and it has partnered with major organisations.
As of November 2022, there are 59 fan tokens on the platform, and more are to be listed, some of which are from the world’s largest sporting organisations, such as FC Barcelona, Manchester City, AC Milan, UFC, and more.
As the World Cup approached, the fan tokens of the participating countries showed a boost in price of 30% or more. The prices could be further influenced by the winners and losers of the matches.
What is the Chiliz token (CHZ)?
CHZ is the world’s leading cryptocurrency for sports and entertainment, created by a Malta-based blockchain fintech provider of the same name (Chiliz). It is the official, exclusive digital currency of the Socios.com platform, a decentralised sports app aiming to bring football fans closer to their clubs. On Socios.com, users can buy fan tokens of their favourite football teams with CHZ.
In addition to the Socios.com app, CHZ can be traded on the Chiliz Exchange, an exchange for fan tokens. With the World Cup going on, its popularity is expected to grow.
CHZ is currently ranked #36 on CoinMarketCap with a market capitalisation of over $1 billion.
During the crypto winter in 2022, CHZ also continued its downtrend. And when the market crashed during the LUNA incident in May, CHZ followed and briefly fell below $0.1.
Currently, CHZ is trading at $0.17. The coin has a promising future, as traders can support their favourite athletes no matter where they are in the world. Do you think the CHZ will skyrocket this soccer season?
What is the Paris Saint-Germain fan token (PSG)?
The Paris Saint-Germain fan token (PSG) is the fan token of Paris Saint-Germain Football Club, a professional football club based in Paris, France.
PSG is currently ranked #505 on CoinMarketCap with a market capitalisation of over $21.35 million. The 2022 World Cup will be 35-year-old Messi’s last one. Do you think PSG will go up with the support of its fans? Set up a price alert to monitor the price.
What is the Manchester City Fan Token (CITY)?
The Manchester City Fan Token (CITY) is the fan token of Manchester City Football Club, a professional football club based in Manchester, United Kingdom. The club has grown strong and has a vast number of fans all over the world.
Launched in March 2021, the Manchester City Fan Token (CITY) has gone up and down following the results of the matches. CITY is currently ranked #554 on CoinMarketCap with a market capitalisation of over $17.67 million. On the 26th and 30th of November, England will be competing in the World Cup. It might be a good time to trade CITY.
What is the Juventus Fan Token (JUV)?
The Juventus Fan Token (JUV) is the fan token of Juventus Football Club, a professional football club based in Turin, Italy. Juventus is one of Italy’s three biggest football clubs, along with AC Milan and Inter Milan.
Launched in November 2019, Juventus Fan Token (JUV) is currently ranked 684th on CoinMarketCap with a market capitalisation of over $10.31 million. With the announcement that Juventus’ French midfielder Paul Pogba missing the World Cup due to knee surgery, what do you think will happen to Juventus’s price?
What is the Portugal National Team Fan Token (POR)?
The Portugal National Team Fan Token (POR) is the fan token of Portugal National Team, a professional football club based in Portugal. Portugal has been a regular participant in international tournaments such as the World Cup and EURO.
The Portugal National Team Fan Token (POR) has seen a tremendous increase in price over the past month, going from $3.47 on 23 October to $7 on 18 November, which was the day it won a 4-0 international friendly against Nigeria.
Currently ranked 541st on CoinMarketCap with a market capitalisation of over $1.859 million, POR is likely the country with the highest chance of winning the World Cup. Go long on POR with up to 50x leverage.
What is the Atletico De Madrid Fan Token (ATM)?
The Atletico De Madrid Fan Token (ATM) is the fan token of Atletico de Madrid, a professional football club based in Madrid, Spain, that plays in La Liga in the country. In recent years, the club has established itself as the third largest club in Spain with the appointment of Diego Simeone as manager.
Launched in January 2020, Atletico Madrid (ATM) is currently ranked 774th on CoinMarketCap with a market capitalisation of over $737 million.
Newly listed on BTCC
The above six popular fan token perpetual futures are available for demo and live trading on the BTCC web and app platform with leverage of 50x.
Below are the new products that have been added
On the BTCC app, and select Markets ➡ USDT-Margined Futures ➡ Football.
Open the BTCC website and select Trade ➡ USDT-Margined Futures ➡ Perpetual Futures
Alternatively, you can access the token futures using the below links.
- The Chiliz token (CHZ)
- The Paris Saint-Germain fan token (PSG)
- The Manchester City Fan Token (CITY)
- The Juventus Fan Token (JUV)
- The Portugal National Team Fan Token (POR)
- The Atletico De Madrid Fan Token (ATM)
Click to register or scan the below QR code to download the BTCC app:
Get a 10 USDT bonus by getting in touch with us on WhatsApp
Or scan the QR code with your phone
Follow us on Twitter for the latest news