What is FC Porto Fan Token? FC Porto Fan Token is a utility token for fans officially issued by the FC Porto football team and the Binance Fan Token platform. So what is special about Porto? Let’s find out with Weakhand in this article.
To better understand FC Porto Fan Token, people can refer to some of the articles below:
- What is Chiliz (CHZ)? Chiliz Cryptocurrency Overview
- What is Santos FC Fan Token? Overview of Cryptocurrency FC Santos Fan Token
Overview of FC Porto Fan Token
What is FC Porto Fan Token?
FC Porto Fan Token is a utility token for fans officially issued by the FC Porto football team, launched on November 16, 2021 on the Binance Launchpad platform with 4,000,000 tokens offered for sale at $1. and is currently active on the BNB Chain network.
FC Porto is a football team located in the city of Porto, the second largest urban area in Portugal. Founded in 1893, the team currently participates in the continent’s top football tournaments such as Primeira Liga and UEFA Champions League. This is known as the football factory with the tradition of buying and reselling today’s football heroes and players. Typical examples include Casemiro of MU, Eder Militao of Real, Luis Diaz of Liverpool. The best achievements the team has ever achieved include 10 Portuguese national championship titles and 2 UEFA Champions League titles.
What is FC Porto Fan Token?
Operation mechanism of FC Porto Fan Token
FC Porto Fan Token is a collaboration between Porto football club and Binance to separately issue the team’s token, to bring many convenient experiences to fans. The project was launched on Binance Launchpad, team token holders have the following privileges:
- Participate in voting and voting on big decisions of the team.
- Token holders have access to fan rewards, digital collectibles, and loyalty points.
- If the holder has a certain amount of PORTO, there will be various gamification features on the Binance Fan Token platform.
- Token holders have the opportunity to receive tickets to attend club matches, meet members in real life and get autographs from members.
- Connect between the team and fans around the world in a simple and different way through transparent and fast blockchain technology.
Core Team
FC Porto Fan Token is issued by the owner of Porto football team and the Binance Fan Tokens Platform. The president of the team is Mr. Jorge Nuno Pinto da Costa. 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 Porto tokens
- Token name: FC Porto Fan Token
- Ticker: PORTO
- Blockchain: BNB chain
- Standard: BEP-20
- Total Supply: 40,000,000
- Contract: 0x49f2145d6366099e13B10FbF80646C0F377eE7f6
Token Allocation
The total supply of PORTO tokens will be distributed as follows:
- User Fund: 35%
- Developer Fund: 20%
- Loyal Subscription: 20%
- Team: 15%
- Binance Launchpad (IEO): 10%
Token Release
The tokens will be unlocked once a year in November until 2031.
Exchanges
Exchanges listing FC Porto Fan Token include: Binance, Binance.US Gate.io, Bithumb, Gate.io, Gitget, PancakeSwap, MEXC…
Information Channel of FC Porto Fan Token
- Website: https://www.fcporto.pt/en/
- Twitter: https://twitter.com/fcporto
- Facebook:
Summary
FC Porto is a football club rich in tradition and achievements, moreover famous for its wisdom in buying and selling players. Thanks to that, we can see the team’s quite strong financial potential. By connecting Binance as a partner as well as exerting influence from the exchange’s IEO platform. The project shows prestige, certainty and long-term sustainability. Furthermore, traditional football is showing a very strong move into Blockchain and NFT platforms. The future will certainly see more developments for Fan Token in general and Porto in particular.
