What is Italia National Fan Token? Italia National Fan Token is a utility token for fans of the Italian national football team. So what is special about Italia National Fan Token? Let’s find out with Weakhand in this article.
To understand more about Italia National Fan Token, people can refer to some of the articles below:
- What is Chiliz (CHZ)? Chiliz Cryptocurrency Overview
- What is Manchester City Fan Token (CITY)? Overview of Cryptocurrency Manchester City Fan Token
Overview of Italia National Fan Token
What is Italia National Fan Token?
Italia National Fan Token is a utility token for fans of the Italian national football team, also known as Italy, first released on March 7, 2022 through the Socios platform. Italia National Fan Token is sold in the form of FTO with 150,000 tokens offered for $2. Currently the token is active on the Chiliz Chain network.
The Italian team is managed and operated by the Italian football federation Italian Football Federation (FIGC). The team belongs to the European region bordering the Mediterranean, was founded and played its first match in 1910. This is a national team with many impressive football achievements and is one of the giants of football. world. The best achievements the team has ever achieved include winning the World Cup 4 times and the Euro championship 2 times. Currently, the team is ranked 9th among the strongest men’s football teams in the world according to FIFA statistics in 2023.
Italy’s national championship is Serie A. This is also one of the most attractive soccer tournaments on the planet that is noticed and watched by audiences around the world. The tournament has famous clubs participating such as AS Roma, Napoli, Juventus, Inter Milan, AC Milan. All of these football clubs have issued their own Fan Tokens for their teams.
Operational mechanism of Italia National Fan Token
Italia National Fan Token is a collaboration between the Italian national football association and Socios 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 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 Italian digital badges and NFTs by staking future ITA tokens.
Core Team
Italia National Fan Token is issued and managed by the Italian Football Association or FIGC. FIGC was founded on March 26, 1898 and today the association operates in the capital Rome. The current Chairman is Mr. Gabriele Gravina. FIGC has partnered with entrepreneur Alexandre Dreyfus to build its ARG token. He is also the CEO of Chiliz, the person behind the Socios platform:
- 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 ITA tokens
- Token name: Italian National Football Team Fan Token
- Ticker: ITA
- Blockchain: Chiliz Chain
- Total Supply: 30,000,000 ITA
- Contract: 0x280e7a6db41213776e6a4429c819867dd2312dad
Token Allocation
ITA has a total token supply of 30,000,000, of which approximately 150,000 tokens are sold to users via FTO for $2. The remaining tokens are all held by the Italian national football association and can be purchased by participating in community activities and through the Socios application, as well as directly on exchanges.
- Team: 99.5%
- FTO: 0.5%
Token Release
Updating…
Exchanges
Exchanges listing ITA tokens include: Gate.io, Chiliz Exchange, paribu
Italian Information Channel National Fan Token
- Website: https://www.figc.it/it/home/
- Twitter: https://twitter.com/chiliz
- Telegram: https://t.me/chiliztrade
Summary
FIGC will focus on building community among fans of the Italian team. ITA 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. All services are available through Socios.
The Italian team was unlucky not to be present at the recent WC, but in the recent Fan Token wave, ITA was also present along with many other Fan Tokens of this national club, all of which had a bit of growth. because of the community’s interest in the WC event. Once there are major global sporting events, this will still be a national team token that should not be missed and is worth watching in the near future.