What is Spain National Fan Token? Spain National Fan Token is a utility token for fans of the Spain national football team. So what is special about Spain National Fan Token? Let’s find out with Weakhand in this article.
To better understand Spain National Fan Token, people can refer to some of the articles below:
- What is Bitci (BITCI)? Overview of Bitci Cryptocurrency
- What is Santos FC Fan Token (SANTOS)? Santos FC Fan Token Cryptocurrency Overview
Overview of Spain National Fan Token
What is Spain National Fan Token?
Spain National Fan Token is a utility token for fans of the Spain national football team first released in August 2021 through the Bitci Global platform. Spain National Fan Token is offered for sale of 25,000,000 tokens at a Presale price of $0.5 on the Bitci Launchpad platform. Currently, Spain National Fan Token is operating on the Bitci Chain network.
The Spain or Spain team is managed by the Spanish football federation headquartered in the capital of this European country, Las Rozas de Madrid. The Spanish Football Association’s native name is Real Federación Española de Fútbol (RFEF). Founded on October 14, 1909, the team is considered a giant in world football. The best achievement the team has ever achieved is winning the World CUP for the first time in 2010 held in South Africa, and winning the Euro championship in 2008 and 2012.
This country’s national championship tournament is called La Liga. The tournament is considered the launching pad and made the names of two world football legends Messi and Ronaldo. It is one of the most attractive football tournaments on the planet that is very interested and regularly watched by world audiences. Where the most famous and successful clubs in the world play, typically Real Madrid, Barca, Atlético de Madrid, Real Sociedad, Sevilla. Among them, some of these teams have issued their own Fan Tokens for fans of their clubs.
Operation mechanism of Spain National Fan Token
Spain National Fan Token is a collaboration between the Spanish national football association and the Bitci platform to separately issue team tokens, to bring many convenient experiences to fans. Team token holders have the following privileges:
- Participate in voting and voting on major team decisions through Bitci’s applications and services (Surveys and Activities).
- Token holders have access to fan rewards, digital collectibles, and loyalty points (Loyalty Subscription).
- Get cashback offers from official online stores (E-Commerce).
- Token holders have the opportunity to receive promotions on tickets to attend club matches, meet real-life members and get members’ autographs (Advantages).
- SNFT Token holders will have access to many missions and game features on the Bitci fan token platform. (Games and Missions).
- SNFT Token holders will be able to donate directly to the team they like and receive a loyalty badge or NFT in return. (Donation).
Core Team
Spain National Fan Token is issued and managed by the Spanish Football Association or RFEF. The President of RFEF is Mr. Luis Rubiales. RFEF has partnered with Bitci Chain’s team to build its BFT token. The Bitci founding team has the following core members:
- Chairman: Burak Çağdaş ÇAĞLAR
- CEO: Onur Altan Tan
- CLO: Tevetoğu Legal Crypto Asset Legal Department
- CFO: Emrah Aktaş
- Head of Business Development: Azat Bolcal
Some information about CEO: Onur Altan Tan
- He has a Bachelor’s degree in English Language and Literature from the prestigious Cambridge University. In addition, he also spent time at the University of Colorado Boulder to hone and apply knowledge and skills in the cryptocurrency industry.
- With over 7 years of experience in the technology and blockchain industry, he has held a leadership position at Bitci Tech, devising strategies and working with the team to develop products and services.
- After that, he became Co-Founder & CEO of Bitci Holding from 2018 until now.
The Bitci team is established according to a decentralized structure, in which responsibilities are distributed among different levels of the company.
Tokenomics
Basic information about SNFT token
- Token name: Spain National Fan Token
- Ticker: SNFT
- Blockchain: Bitci Chain
- Standard: BRC-20
- Total Supply: 100,000,000 SNFT
- Contract: 0x3e6F1be54FEb9CC37dBfC31A894a8810357C3F9C
Token Allocation
The total supply of SNFT will be distributed as follows:
- Team: 75%
- Launchpad: 25%
Token Release
Updating…
Exchanges
The exchanges that list SNFT are: Gate.io, Bitci Exchange, MEXC.
Spain National Fan Token Information Channel
- Website: https://rfef.es/en
- Twitter: https://twitter.com/bitcicomtr
- Facebook: https://www.facebook.com/bitcicomtr
Summary
RFEF will focus on building community among fans of the Spanish team. SNFT owners have complete rights to vote on the team’s intentions. If you are a fan and own some tokens, you will have more incentives.
During the 2022 World Cup wave, the SNFT token, like BFT, has seen outstanding growth with an ATH 10 times higher than ATL in just a very short period of time. With traditional sports always having large and international tournaments, it is very likely that the wave of fantokens in general or SNFT in particular will continue to grow as major sporting events continue to come.