What is Manchester City Fan Token? Manchester City Fan Token is a utility token for fans officially issued by the Manchester City football team. So what’s special about Manchester City Fan Token? Let’s find out with Weakhand in this article.
To understand more about Manchester City 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 Manchester City Fan Token
What is Manchester City Fan Token?
Manchester City Fan Token is a utility token for fans of the FC Manchester City club launched on December 11, 2021 on the Binance Launchpool platform and currently operating on the Chiliz Chain network.
What is Manchester City Fan Token?
Manchester City is a football team located in the east of the city of Manchester, England. The team was founded in 1880. Currently, the team is considered to be the team with the best coaching staff and players in the world, as evidenced by the 2022-23 season, the team has gone down in history with the… win 3 championship. Champion of the top continental football tournament Champions League for the first time. Comes with that is the FA Cup and Premier League.
Besides, the team currently has a large number of fans worldwide with a total of more than 110 million followers on three main social networking platforms: Twitter, Facebook and Instagram.
Operating mechanism of Manchester City Fan Tokens
Manchester City Fan Token is a collaboration between Manchester City football club and Socios to issue the team’s own token, to bring many convenient experiences to fans. The Manchester City Fan Token project was launched on 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 Manchester City digital badges and NFTs by staking CITY tokens in the future.
Core Team
Manchester City Fan Token is issued by the owner of the Manchester City football team and the Socios platform. The current chairman of the club is Mansour bin Zayed Al Nahyan. He is deputy prime minister of the United Arab Emirates. The team he bought in 2008, under his hands, Man City has gradually dominated domestic and international football tournaments with mountains of money from oil.
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 CITY token
- Token name: Manchester City Fan Token
- Ticker: CITY
- Blockchain: Chiliz Chain
- Total Supply: 20,000,000 CITY
- Contract: 0xf30D150250F5301ef34A0E4a64aaFa93F242d87A
Token Allocation
CITY has a total token supply of 20,000,000, of which approximately 2,000,000 are distributed to club fans via the Fan Token Offering. The remaining tokens are held by Manchester City and can be purchased by participating in community activities and Binance Launchpool, as well as by buying directly on exchanges.
- Team: 88.5 %
- User Fund: 10%
- Binance Launchpool: 1.5%
Token Release
Manchester City Fan Token has a linear monthly unlock schedule for 8 years. Of which, Token CITY can unlock a maximum of 2,500,000 per year, starting from May 2021.
Exchanges
Exchanges listing CITY tokens include: Binance, OKX, Bybit, Gate.io, MEXC…
Information Channel of Manchester City Fan Token
- Website: https://www.fantoken.com/city/
- Twitter: https://twitter.com/socios
- Instagram: https://www.instagram.com/mancity/
- Facebook:
summary
Manchester City is the most popular team today, with an attractive playing style and a great staff. Behind are Arab owners with abundant financial resources. With those successes, the team also cooperates with Socios and Binance to promote even stronger development, with ambitions to expand the number of connected fans around the world through the field of Blockchain and NFT. Along with the team also combining jersey brand sponsorship with the OKX trading platform, they promise to be potential launching pads for CITY’s growth in the near future.
