Are you a sports fan? If you are, surely, you’ve heard something about “fan tokens.” In the crypto world, there are Fan Tokens, which offer you access to exclusive membership perks for sports teams, leagues, and even individual players!
Manchester City, Paris Saint-Germain, and Alpine Team are just a few examples of sports teams that launched fan tokens through Socios.com.
Today, we’ll dive into the top 10 token fans based on market capitalizations. Will one of them be your investment choice? Come on, let’s dig in!
What are Fan Tokens?
As a prologue to exploring the best fan tokens, let’s first understand what fan tokens are and how they work.
Fan tokens are crypto assets that give their owners access to various services and facilities provided by sports organizations.
Fan Tokens may be purchased and exchanged on a variety of cryptocurrency exchanges, just like any other digital currency. Token prices are set by the sellers and then fluctuate in response to market conditions and the level of interest in a particular token at a given moment.
Fan tokens, in particular, allow their holders to cast votes on various subjects relating to their favorite sports club. Voting topics might vary depending on the team, but the most common ones are
- Team merchandise design
- Tourist bus design
- Ticket problem
- Match location
- MVP category
Fan tokens are undeniably a future of the sports economy, in a way that fans can tokenize their engagement with their favorite sports team. By employing the utility features of cryptocurrency, fan tokens also give fans a say in team decisions through voting. So, the more fan tokens you have, the more power you hold in the sports clubs you join.
List of Best Fan Tokens Based on Market Capitalization
Quoting from CoinMarketCap, here is a list of the top and best fan tokens by market capitalization as of 2 June 2022.
1. Alpine F1 Team Fan Token (ALPINE)
Alpine F1 Team Fan Token (ALPINE) is a BEP-20 utility token of BWT Alpine F1, a Formula One racing team.
Launched in February 2022 on Binance Launchpad, a fan BWT Alpine F1 who owns ALPINE can cherish their exclusive fan experiences and be directly involved in the voting session on the platform.
In addition, the ALPINE token arrives with a limited collection of NFTs that can be staked for rewards. Once-in-a-lifetime experiences of this fan token include a private fan meeting with the F1 team, official merchandise signed by the F1 teams, and various other interesting activities.
The ALPINE token has a hard supply of 40 million units. As of June 2022, the price of this fan token is US$ 3.18, with a market capitalization of US$ 36.2 million.
2. Paris Saint-Germain Fan Token (PSG)
$PSG token is a fan token of the world-famous football club, Paris Saint-Germain, which was launched on Socios.com.
As a bonus, this token provides fans a say in the team’s season-long goals and skills, as well as VIP experiences and official merchandise.
$PSG holders can also vote for the cover design of the limited edition FIFA-22 PSG and the new Parc des Princes stadium design.
Interestingly, some token holders have even received video calls from first-team players via the platform.
Just like Bitcoin and other crypto assets, PSG fan tokens can be traded on crypto exchanges. The team reported that the trading volume of this token had increased by more than 130% in just five days when there were rumors that Messi would join the PSG team.
The $PSG token is currently trading at US$ 7.23, with a market capitalization of US$ 22.3 million, as of June 2022.
3. SS Lazio Fan Token (LAZIO)
Another Binance Launchpad project, SS Lazio launched a fan token so-called the LAZIO token.
SS Lazio is an Italian professional sports club, which won 2 Serie A titles, 7 Coppa Italia titles, 3 Supercoppa Italiana titles, and 1 UEFA Cup Winners’ Cup and UEFA Super Cup each.
As of June 2022, The price of SS Lazio (LAZIO) is US$ 2.44, with a market capitalization of US$ 21.2 million.
4. Santos FC Fan Token (SANTOS)
Santos FC (SANTOS) is a fan token of Santos FC on Binance Launchpool. It is a Brazilian football club in the state of São Paulo, based in Vila Belmiro
Many benefits come with the SANTOS token, including the opportunities to engage in all team activities and the right to express opinions or vote on team-related subjects.
As an added bonus, the holders are granted exclusive privileges, such as limited NFTs, rewards, and GameFi access.
Santos FC fan token (SANTOS) is traded in June 2022 at US$ 4.38, with a market capitalization of US$ 20 million.
5. Manchester City Fan Token (CITY)
Manchester City (CITY), also created on Socios.com, is a fan token of the popular football team Manchester City which launched in March 2021.
Manchester City is known as a world star team with four Premier League titles and top 10 finishes in the last ten years. The team is managed by Pep Guardiola, the world’s highest-paid football manager in 2022.
As a result, the value of this fan token is heavily reliant on both Manchester City’s on-field success and the growth of blockchain technology.
The price of the CITY token jumped when it was rumored that Cristiano Ronaldo would join the team but then fell once the deal fell through.
As of June 2022, Manchester City Fan Token (CITY) is traded at US$ 5.30 with a total market capitalization of US$ 6.8 million.
6. FC Porto Fan Token (PORTO)
PORTO token is essentially dedicated to the fans of FC Porto, launched on Binance Network on 6 November 2021.
In 1983, FC Porto (PORTO) was established as a football club in the Portuguese Premier League. The squad is known for being the second-richest football team in Portugal and having a strong fanbase.
As of June 2022, the price of FC Porto (PORTO) is US$ 2.23 with its market capitalization of US$ 17.4 billion.
7. FC Barcelona Fan Token (BAR)
FC Barcelona (BAR) is a fan token created in collaboration between FC Barcelona and Chiliz. Chiliz is a global blockchain financial technology provider for the sports and entertainment industry.
The BAR token, released in June 2020, aims to unite club fans from all around the world by tokenizing their interactions with the club players.
With the BAR token, fans can engage in polls on FC Barcelona’s activities, which can lead to unique prizes like match tickets, limited-edition goods, and team meeting invites.
The BAR token is currently trading at US$ 2.23, with a market capitalization of US$ 17.4 million, as of June 2022.
8. AC Milan Fan Token (ACM)
AC Milan Fan Token (ACM) is one of 40 fan tokens on Socios representing big global football teams.
Like most other fan tokens, ACM serves as a doorway for AC Milan fans to express their loyalty and support for the club by tokenizing their reward points, gaining exclusive experiences, and purchasing official team merchandise.
AC Milan’s price (ACM), in June 2022, is US$ 3.54 with a market capitalization of US$ 11.1 million.
9. Galatasaray Fan Token (GAL)
Galatasaray Fan Token (GAL) is a fan token for the sports team Galatasaray.
The team was founded in 1905 by students of the Galatasaray Lycee in the Beyoglu area of Istanbul.
In addition to conquering the Turkish Super League 22 times (the latest in the ’18/’19 season), Galatasaray was the first Turkish club to win the UEFA Cup and Super Cup in 2000.
As of June 2022, the GAL token is now traded at US$ 2.97 with a market capitalization of US$ 10.4 million.
10. Inter Milan Fan Token (INTER)
Inter Milan (INTER) is a fan token allowing Inter Milan fans to have a say in club decisions or even pick a song to sing in celebration of goals.
Just like fan tokens in general, Fans who have INTER tokens can meet and greet their favorite players, get early entry to the stadium, and many more.
The Inter Milan fan token (INTER), in June 2022, is US$ 2.87 with a market capitalization of US$ 8.6 million.
How to Buy or Sell Fan Tokens
Many fan tokens are available on Socios.com, by using CHZ token which is native to the platform. CHZ tokens can be easily purchased on various crypto exchanges, including Zipmex.
Zipmex is a trusted digital asset trading platform with low transaction fees and user-friendly steps for buying and selling.
Here is a guide to buying and selling CHZ on the Zipmex app.
- Register and verify your Zipmex account through KYC process.
- Deposit a certain amount of funds into the Trade Wallet. See how to deposit funds to the wallet here.
- Select the “Trade” menu in the Zipmex app, which is the blue circle at the bottom of the menu bar.
- Select “Buy Assets” to buy assets. Meanwhile, to sell assets, select “Sell Assets.”
- Determine the trading pair you want to use. For example, CHZ/USD or CHZ/USDT.
- Select type of order. You can either choose “Market Order” to make a transaction using the current real-time price in the market or select a “Limit Order”, to make a transaction using a price adjusted to the price you want.
- Enter the nominal or the amount of the asset you want to buy.
- After double-checking, click “Confirm”.
- The transaction will be processed immediately! Later the transaction results will be automatically entered into your Trade Wallet.
Buying CHZ on Zipmex is just that easy peasy! Purchase CHZ today to start your die-hard fan journey of your favorite team.
