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  8. Fan Token pumps – these sports cryptocurrencies are already available plus 2 exciting alternatives – Coincierge.de
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Fan Token pumps – these sports cryptocurrencies are already available plus 2 exciting alternatives – Coincierge.de

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The last few years have shown that cryptocurrencies are becoming more and more getting to the center of our society. In spite of the recurring price fluctuations, we are interested in more and more institutional providers for Bitcoin and Co.

This is evident also in professional sports. While the collector’s passion has so far been limited to a complete Panini scrapbook with stickers of football and basketball players, these are shifting Collectibles are becoming more and more digital.

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Through fan tokens – the Cryptocurrencies of a particular club – enthusiastic sports fans get the opportunity to get even more immediate get in touch with your favorite clubs. For example, through Smart app-based voting, you can be involved in certain decisions. This results in a completely new feeling of belonging!

Crypto is an important part of sports sponsorship

Sports Sponsorship in the field of crypto, blockchain and NFT, a gigantic growth witnessed. As best known example here is the crypto exchange Crypto.com call. For example, it will on the jerseys promoted by Paris Saint-Germain (Ligue 1) and the Philadelphia 76ers (NBA) and also acts as global partner of Formula 1. For the clubs involved, this is about a lot of money: in particular, jersey sponsors are an important source of income for the club in sports.

In addition to sponsorship deals, there are now, however, for sports clubs another possibilityto take advantage of the crypto industry for themselves. Many of the big clubs now have own cryptocurrencies, so-called fan tokens, developed. For example, the italian club Inter Milan as well as the spanish club Valencia already have their own cryptocurrency on the chest of their players. The sponsorship deals will be gradually supplemented by its own fan token.

sports club cooperate with the platform for this Socios.com and launch your fan tokens via this. Once the token has established itself on the market and reached a certain size, a Listing on other crypto exchanges is possible.

Which sport tokens are already available?

Meanwhile, exist on Coinmarketcap.com already 59 different fan tokens. Among the clubs with their own cryptocurrency are the following – unfortunately, a German club is still missing here!

  • Lazio Fan Token (LAZIO)
  • FC Porto Fan Token (PORTO)
  • Paris Saint Germain Fan Token (PSG)
  • FC Barcelona Fan Token (BAR)
  • Manchester City Fan Token (CITY)
  • AC Milan Fan Token (ACM)
  • Juventus Fan Token (JUV)
  • Arsenal Fan Token (AFC)

Exciting co-determination rights for the token holders

There are no profit distributions for token holders – but they are allowed to participate in certain decisions of their clubs. In addition, you can for example the decision about which Tor Music played at the stadium, or what works of art should be hung in the player’s cabin.

Also certain VIP experiences, fan articles or tickets to events are only available if the payment is processed via the cryptocurrency of the association. This kind of participation serves to establish emotional closeness between club and fans.

A look at the USA showsthat these cryptocurrencies are also used there in a completely different way. In the NFL, some athletes get their Wages in the form of cryptocurrencies pay. Also at Messi’s last change from FC Barcelona to Paris SG he received a part of his Commission in the form of fan tokens.

Crypto Fan Token Alternative 1: Buy Chiliz (CHZ) Token

Buy Chiliz Wallet

However, for some investors like investing in fan tokens with too high price fluctuations and uncertainties. In addition, the 59 available tokens still do not cover all possible clubs by far. Instead of fan tokens, investors can so invest in the Altcoin Chiliz.

Chiliz is the Cryptocurrency using the platform Socios.com is operated. This is the leading sports and entertainment platform based in Malta on which the most fan tokens are hosted. Chiliz wants to bring the fans closer to their clubs and bridge the gap between active and passive fans. For this, the company has established partnerships with some of the largest sports institutions in the world.

The Chiliz Tokens is currently the basic investment among the sports tokens. It can be used for, buy different fan tokens as well as participate in the voting of the clubs. The hype around the sports cryptocurrencies is also leading to a price jump at Chiliz at the moment. Last month I could the value of the coin will increase by 120%. If the demand for fan tokens continues to increase, the Chiliz price will probably continue to pump.

Buy CHZ now

Crypto Fan Token Alternative 2: Buy Battle Infinity and bet on Fantasy Sport

ibat coin

Also at Battle Infinity it’s all about sports – but here in the digital version. Battle Infinity is a new immersive ecosystem based on the Binance Smart Chain and BEP-20 technology. The platform will finally include the possibilities for P2E-Gaming, Fantasy Sports and NFT unite.

The ecosystem is not only complex, but carefully thought out and designed for success: “It was hard work, but we are very pleased to announce Battle Infinity […] introducing it to the world,“ says project co-founder Suresh Joshi.

Which IBAT Premier League, so to speak, the flagship of the platform, is the first decentralized NFT-based fantasy sports game with integrated metaverse. Here the players can strategic your own sports teams compile, compete against other players and compete with Make Crypto Gaming Money. The team consists of digital collectibles that depict real athletes – with correspondingly adapted performance in the competitions.

P2E games are also to be integrated into the platform in the long term. In addition, the the next phase the project Start IBAT Staking. Users therefore have the opportunity to earn money through the IBAT token at an early stage. The project also includes a NFT Marketplace for the purchase and sale of in-game items and a integrated decentralized exchange in which the rewards won can be exchanged immediately.

The associated coin, IBAT, serves as Key function among the many features of the platform. Be IDO took place a week ago at PancakeSwap and led to immediate 700% value gain token. As a result, profit-taking took place, but the price is still stable in the plus.

Buy IBAT now

Last updated on August 31, 2022

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