What is Juventus Fan Token? Juventus Fan Token is a utility token for fans officially issued by the Juventus football team. So what’s special about Juventus Fan Token? Let’s find out with Weakhand in this article.
To better understand Juventus 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)? Santos FC Fan Token Cryptocurrency Overview
Overview of Juventus Fan Token
What is Juventus Fan Token?
Juventus Fan Token is a utility token for fans of the FC Juventus club, first released on April 18, 2020 and available on the Binance Launchpool platform on December 14, 2020. Currently, Juventus Fan Token is operating on the Chiliz Chain network.
FC Juventus is a football team based in Turin, an important industrial city in northwestern Italy. Founded in 1897, the team is one of the most traditional and successful clubs in the country. The best achievements that the team has ever achieved include 36 Serie A championships and 2 UEFA Champions League championships.
Juventus is where football legend Cristiano Ronaldo once played, so the team has a total of more than 140 million followers via social networking platforms Tik Tok, Facebook, Twitter and Instagram.
Operating mechanism of Juventus Fan Token
Juventus Fan Token is a cooperation between Juventus football club and Socios to separately issue the team’s token, to bring many convenient experiences to fans. The project is honored to be included in Binance Launchpool, the team’s 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 Juventus digital badges and NFTs by staking future JUV tokens.
Core Team
Juventus Fan Token is issued by the Juventus team owner and the Socios platform. The current president of the team is Mr. Gianluca Ferrero. 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 JUV token
- Token name: Juventus Fan Token
- Ticker: JUV
- Blockchain: Chiliz Chain
- Total Supply: 20,000,000 JUV
- Contract: 0x14a5750b0e54b57d12767b84a326c9fe59472da5
Token Allocation
JUV has a total token supply of 20,000,000, of which approximately 1,315,907 have been distributed to the club’s fans via Fan Token Offering. The remaining tokens are held by Juventus and can be purchased by participating in community activities and Binance Launchpool, as well as directly on exchanges.
- Team: 92.37%
- User Fund: 6.58%
- Binance Launchpool: 1.05%
Token Release
The JUV token held by Juventus has a linear monthly vesting schedule of 8 years, where 2,500,000 JUV tokens are issued each year, starting from April 2020.
Exchanges
Exchanges listing JUV tokens include: Binance, HTX, Bybit, Gate.io, MEXC…
Juventus Fan Token Information Channel
- Website: https://www.fantoken.com/juv/
- Twitter: https://twitter.com/chiliz
- Facebook: https://www.facebook.com/Juventus/
- Instagram:
Summary
Juventus is one of the top teams in Italy, where the legendary Ronaldo with more than 600 million followers on Instagram once played. Therefore, if you are a fan of the team, holding some JUV and enjoying some of the team’s exclusive offers is obvious. Besides, with the cooperation with Socios and Binance. Juventus Fan Token has affirmed its position, reliability and durability in this risky Crypto market. As a leading project in the still very new Fan Token context, JUV has somewhat attracted attention, and the future will be worth watching and developing.