What is Portugal National Fan Token? Portugal National Fan Token is a utility token for fans of the Portuguese national football team. So what’s special about Portugal National Fan Token? Let’s find out with Weakhand in this article.
To better understand Portugal 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 Portugal National Fan Token
What is Portugal National Fan Token?
Portugal National Fan Token is a utility token for fans of the Portuguese national football team first released in September 2021 through the Socios platform. Portugal National Fan Token is offered for sale of 1,000,000 tokens at a Presale price of 2 USD. Currently the token is active on the Chiliz Chain network.
What is Portugal National Fan Token?
The Portuguese team is managed by the Portuguese national association Portuguese Football Federation, Federação Portuguesa de Futebol (FPF). This is a country located in the southwest of Europe where football legend Cristiano Ronaldo was born. The best achievement the team has ever achieved is winning the UEFA Euro 2016 tournament. In recent years, Portugal has also had a generation of very talented young players, who will be the hope for the team to conquer the tournament. Win upcoming major titles.
Operational mechanism of Portugal National Fan Token
Portugal National Fan Token is a collaboration between the Portuguese national football association 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 Portugal digital badges and NFTs by staking future POR tokens.
Core Team
Portugal National Fan Token is issued and managed by the Portuguese Football Association or FPF. The association was founded in 1921 and recently partnered with businessman 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 POR token
- Token name: Portugal National Team Fan Token
- Ticker: POR
- Blockchain: Chiliz Chain
- Total Supply: 20,000,000 POR
- Contract: 0xB0bB080667E52Bd84884d2c90322706C4AA9067b
Token Allocation
POR has a total token supply of 20,000,000, of which approximately 1,000,000 tokens are sold to users via Presale for $2. The remaining tokens are all held by the Portuguese national football association and can be purchased by participating in community activities and through the Socios application, as well as directly on exchanges.
- Team: 95%
- PreSale: 5%
Token Release
Portugal National Fan Token has a linear monthly unlock schedule for 8 years. Of which, 2,500,000 tokens can be unlocked at maximum each year, starting from September 2021.
According to information from Socios, unlocking does not necessarily correlate with an increase in circulating supply.
Exchanges
Exchanges listing ARG tokens include: OKX, Gate.io, BitMart, BingX, Chiliz Exchange…
Information Channel of Portugal National Fan Token
- Website: https://www.fantoken.com/por/
- Twitter: https://twitter.com/chiliz
- Telegram: https://t.me/chiliztrade
Summary
FPF will focus on building community among fans of the Portuguese team. Token holders will have unique privileges. If you are a loyal fan of the team, owning some tokens will give you more incentives.
By being one of the first national teams to participate in the Fan Token ecosystem connecting fans around the world through Blockchain and NFT technology. Portugal will have many advantages both in terms of developing and attracting Crypto market users and fans. When there are large-scale global sporting events like WC or Euro, POR will be a token we should not ignore.
