What is Atletico De Madrid Fan Token? Atletico De Madrid Fan Token is a utility token for fans officially issued by the Atletico De Madrid football team. So what is special about Atletico De Madrid Fan Token? Let’s find out with Weakhand in this article.
To better understand Atletico De Madrid Fan Token, people can refer to some of the articles below:
- What is Chiliz (CHZ)? Chiliz Cryptocurrency Overview
- What is Santos FC Fan Token? Santos FC Fan Token Cryptocurrency Overview
Overview of Atletico De Madrid Fan Token
What is Atletico De Madrid Fan Token?
Atletico De Madrid Fan Token is a utility token for fans of FC Atletico De Madrid club that was first launched on June 22, 2020 and appeared on the Binance Launchpool platform on December 23, 2020. To date, Atletico De Madrid Fan Token is currently active on the Chiliz Chain network.
FC Atletico De Madrid is a football team based in the Spanish city of Madrid. Founded in 1903, the team is considered a long-time rival of two other giants, Real and Barca. In fact, in terms of championship titles, Atletico is the country’s third most successful club with proud achievements such as winning LaLiga 11 times and being runner-up in the UEFA Champions League in 1974, 2014, and 2016.
Mechanism of action
What is Atletico De Madrid Fan Token?
Atletico De Madrid Fan Token is a cooperation between Atletico De Madrid football club and Socios to issue the team’s token, to bring many convenient experiences to fans. The project is present on the Binance Launchpool platform, team token holders have the following privileges:
- Participate in voting and voting on major team decisions through the Socios application and service.
- Token holders have access to fan rewards, digital collectibles, and loyalty points.
- Get cashback offers from official online stores.
- CHZ rewards in the app.
- Token holders have the opportunity to receive promotions on tickets to the club’s matches, meet real-life members and get members’ autographs.
- Exclusive Barcelona digital badges and NFTs by staking future ATM tokens.
Core Team
Atletico De Madrid Fan Token was issued by the owner of the Atletico De Madrid football team and the Socios platform. The club’s current president is Mr. Enrique Cerezo. Behind the Socios platform is Chiliz CEO, Mr. Alexandre Dreyfus:
- He is a website serial entrepreneur with over 22 years of experience in the digital field, building and developing technology businesses. In the late 1990s, he pioneered the field of web-based, interactive tools and web-based instructions, before completing an acquisition with retail giant Carrefour and subsequent merger with another service provider. competitor’s services and sell them to Yelp.
- In 2006, he co-founded Winamax (France’s largest online poker room) and later this technology platform was sold to Bally Technologies (now Scientific Games).
- In 2013, he acquired Global Poker Index (the leading rating agency of live Poker) as well as The Hendon Mob (the world’s largest live poker database).
- To drive blockchain innovation in Malta, he also established the Chiliz Blockchain Campus – an accelerator and industry hub connecting some of the industry’s largest stakeholders across Asia and Europe, along with local businesses. Other emerging blockchain cores.
Tokenomics
Basic information about ATM tokens
- Token name: Atletico De Madrid Fan Token
- Ticker: ATM
- Blockchain: Chiliz Chain
- Total Supply: 10,000,000 ATM
- Contract: 0x4c3E460b8e8285DE57c8B1B2B688847B995B71D6
Token Allocation
The ATM has a total token supply of 10,000,000, of which approximately 1,223,789 have been distributed to club fans via the Fan Token Offering. The remaining tokens are held by Atletico de Madrid and can be purchased by participating in community activities and Binance Launchpool, as well as directly on exchanges.
- Team: 84.47 %
- User Fund: 12.24 %
- Binance Launchpool: 3.29 %
Token Release
ATM tokens held by Atletico de Madrid have a linear monthly vesting schedule of 6 years, where 1,666,666 ATM tokens are issued each year, starting June 2020.
Exchanges
Exchanges listing ATM tokens include: Binance, HTX, Upbit, Gate.io, Bitget…
Information Channel of Atletico De Madrid Fan Token
- Website: https://fantoken.com/atm/
- Twitter: https://twitter.com/socios
- Reddit: https://www.reddit.com/r/chiliZ/
- Telegram: https://t.me/chiliztrade
Summary
FC Atletico Madrid is also a traditional giant of Spanish football. If you are a fan of the team, owning a number of ATMs and holding on to exclusive offers is obvious. Being one of the first clubs to issue Fan Tokens, ATMs have also had incredible growth. during the recent Bullrun. With the companionship of Socios and Binance, and in the future there will be more sports clubs participating in the Fan Token ecosystem, promising that ATM in particular and Fan Token in general will develop even more.
