What is Alpine F1 Team Fan Token? Alpine F1 Team Fan Token is a utility token for fans officially issued by the Alpine F1 Team racing team. So what’s special about the Alpine F1 Team Fan Token? Let’s find out with Weakhand in this article.
To better understand Alpine F1 Team Fan Token, people can refer to some of the articles below:
- What is Santos FC Fan Token (SANTOS)? Santos FC Fan Token Cryptocurrency Overview
- What is FC Porto Fan Token (PORTO)? Overview of Cryptocurrency FC Porto Fan Token
Overview of Alpine F1 Team Fan Token
What is Alpine F1 Team Fan Token?
Alpine F1 Team Fan Token is a utility token for fans of the Alpine F1 racing team, first released on February 21, 2022 on the Binance Launchpad platform with 4,000,000 tokens offered for sale at $1 and currently is operating on the BNB chain network.
Alpine F1 Team is a Formula 1 racing team making its debut in the 2021 Formula 1 season. The team previously competed as Renault in 1955 and has been owned by French automobile company Groupe Renault since 1955. 1899. The group’s management team is based in Oxfordshire, England. The team’s racing engine division is headquartered in Viry-Châtillon, a suburb of Paris, France. The team competes with a French license.
The team’s best achievement is reaching 4th place at the Formula 1 GP Bahrain 2021 race. Alpine F1’s strategic partners include many big companies such as Binance, Microsoft, Qatar Airways…
What is Alpine F1 Team Fan Token?
Operational mechanism of Alpine F1 Team Fan Token
Alpine F1 Team Fan Token is a collaboration between the Alpine F1 racing team and Binance to separately issue the team’s token, to bring many convenient experiences to fans. The project is launched on Binance Launchpad and team token holders have the following privileges:
- Participate in voting and voting on major decisions of the racing team on the Binance Fan Token platform.
- Token holders have access to fan rewards, digital collectibles and BWT Alpine F1 Team loyalty points.
- If the holder has a certain amount of ALPINE, there will be various gamification features on the Binance Fan Token platform.
- Token holders have the opportunity to receive tickets to BWT Alpine F1 Team matches, meet members in real life and get autographs from members.
- Connect between racing teams and fans around the world in a simple and different way through transparent and fast blockchain technology.
Core Team
Alpine F1 Team Fan Token is issued by the owner of the Alpine F1 racing team and the Binance Fan Tokens Platform. The current CEO of the current racing team is Mr. Philippe Krief. Currently, the Binance trading platform is ranked #1 in terms of liquidity as well as the number of reputable and transparent projects listed on the floor. At the head of Binance is CEO Changpeng Chao (CZ), who is known as the richest and most powerful billionaire in the Crypto world.
Tokenomics
Basic information about ALPINE token
- Token name: Alpine F1 Team Fan Token
- Ticker: ALPINE
- Blockchain: BNB Chain
- Standard: BEP-20
- Total Supply: 40,000,000 ALPINE
- Contract: 0x287880Ea252b52b63Cc5f40a2d3E5A44aa665a76
Token Allocation
The total supply of ALPINE tokens will be distributed as follows:
- User Fund: 35%
- Developer Fund: 22%
- Team: 18%
- Loyalty Subscription: 15%
- Binance Launchpad: 10%
Token Release
The tokens will be unlocked once a year in February until 2026
Exchanges
Exchanges listing ALPINE tokens include: Binance, Kucoin, Gate.io, MEXC, Bitget…
Information Channel of FC Porto Fan Token
- Website: https://www.alpine-cars.co.uk/formula-1/f1-team.html
- Twitter: https://twitter.com/AlpineF1Team
- Telegram:
Summary
Alpine F1 is the first racing sports team to issue Fan Tokens for fans. When it first launched on Binane, it attracted attention. It marks a turning point for a different approach to the traditional sports world through Blockchain technology. The future promises that there will be more traditional sports organizations in all fields participating in this Fantoken ecosystem. The future promises to be very explosive for ALPINE in particular and Platform Fan Tokens in general.
