What is Manchester City Fan Token (CITY)?

Deep Dive

1. Purpose & Value Proposition

CITY empowers fans to influence minor club decisions (e.g., matchday songs, charity initiatives) and access perks like meet-and-greets or limited-edition merchandise. This bridges the gap between passive support and active participation, leveraging blockchain to authenticate fan contributions (Socios). Unlike traditional loyalty programs, token ownership provides verifiable, tradable stakes in engagement.

2. Technology & Architecture

CITY operates on the Chiliz Chain 2.0, an Ethereum-compatible sidechain optimized for low fees and high throughput. This blockchain underpins Socios’ ecosystem of 160+ sports tokens, enabling interoperability (e.g., using CITY to participate in cross-club polls). Transactions are settled in seconds, critical for time-sensitive fan votes during matches (Chiliz).

3. Tokenomics & Governance

CITY’s supply is capped at 19.74 million, with tokens distributed via Socios’ app through purchases, promotions, or gamified challenges. A vesting schedule runs until 2029, releasing ~208,000 tokens monthly into circulation. This controlled release aims to balance scarcity with accessibility as adoption grows (Rocketfan).

Conclusion

Manchester City Fan Token reimagines fan-club relationships by merging blockchain’s transparency with sports fandom’s passion. While its success hinges on sustained engagement and club performance, CITY exemplifies how Web3 can transform traditional fan economies. How might Manchester City expand token utility to maintain relevance beyond matchday polls?