Fan Tokens Trending Up After Being Listed On Bitpanda

  • Today the Fan Token market cap is $205 Million 40.4% increase in the last 24 hours.
  • Service will be provided via the app Socios.com.

Blockchain technology and web 3.0 gaining their way in the present and future of the economy. Sport also started establishing itself as one of the primary movers in this new virtual world. The pandemic has led the sports sector to look for new forms to engage fans and generate income. Major sports clubs have found that blockchain-based fan token sales are an effective approach to developing an innovative membership model.

A Fan Token is a blockchain-based digital asset that allows its holder to access a service provided by sports organizations to their supporters via the Socios.com app. There is no need for a subscription because Fan Tokens are purchased only once.

Fans can participate in polls on the Socios.com app to connect with their favorite teams, fans can vote in polls created by apps to engage in team decisions. The more votes and activities users make in surveys will earn more reward points, Reward points can be exchanged for once-in-a-lifetime experiences, games, league tables, and more.

After Fan Tokens are listed in the Bitpanda (Trading platform) the volume of the tokens has increased by 19.1%.

Let’s look at the top 3 Fans Tokens by CoinGecko.

 Paris Saint-Germain Fan Token (PSG)

According to CoinGecko Paris Saint-Germain Fan Token’s current price is $8.50 with a 24-hour trading volume of $56,726,065. PSG price is increased 65.7% in the last 24 hours. It has a total supply of 19.9 million and a total circulating supply of 3.1 Million PSG tokens.

Manchester City Fan Token (CITY)

Manchester City Fan Token’s price today is $6.57 with a 24-hour trading volume of $22,040,815. CITY price is up 35.2% in the last 24 hours. It has a circulating supply of 3.8 Million and a total supply of 20 Million CITY tokens.

Atletico De Madrid Fan Token (ATM)

ATM Token’s current price is $3.48 with a 24-hour trading volume of $7,892,019. ATM prices are increased by 34.4% in the last 24 hours. There are 2,086,980 ATM coins in circulation. 

A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.