Tokens are generally assets that can represent proof of ownership or even membership. As tokens are already being used for a wide range of purposes, many specialized blockchains have been developed with native intent to support tokens, the most common of which is currently Ethereum and their ERC standard tokens. Socios.com is an app primarily for football (soccer) fans, where users acquire voting rights to influence the clubs they support by acquiring club-specific Fan tokens.
How do Fan tokens work?
Chiliz ($CHZ) is an ERC20 utility token on the Ethereum blockchain that serves as the digital currency for the chiliZ and Socios.com platform. In launching their platform, alongside other sports blockchain ventures, a new category of token has emerged — the Fan Token. Once onboard the Socios.com platform, yet to-be-announced club partners host what has been called a Fan Token Offering (FTO). Fans must purchase $CHZ via a cryptocurrency exchange in order to acquire Fan Tokens. These tokens — which are specific to a team or club — are a finite, digital asset that provide access to an encrypted ledger of voting and membership rights ownership.
About Alliance
Alliance is a world-renowned esports organisation fielding competitive players across some of the most popular video games in the world. Shortly after Alliance’s inception, their Dota 2 team, headed by Jonathan ’Loda’ Berg, catapulted to the top of the scene with an innovative playstyle and went on to claim the Aegis of Champions when they won The International 2013.
Alliance’s mission is to create a lasting legacy that supports esports experiences across the globe.
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The live Alliance Fan Token price today is $0.278648 USD with a 24-hour trading volume of $12,769.81 USD. We update our ALL to USD price in real-time. Alliance Fan Token is down 2.79% in the last 24 hours. The current CoinMarketCap ranking is #1786, with a live market cap of $354,287 USD. It has a circulating supply of 1,271,450 ALL coins and the max. supply is not available.
If you would like to know where to buy Alliance Fan Token at the current rate, the top cryptocurrency exchange for trading in Alliance Fan Token stock is currently Chiliz. You can find others listed on our crypto exchanges page.