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Summary of Manchester City Fan Token (CITY)
Key Points
- Manchester City Fan Token (CITY) is a fan token by Socios.com, built on the Chiliz (CHZ) blockchain.
- CITY gives holders a stake in the club’s governance, allowing them to influence decisions, unlock VIP rewards, and access exclusive promotions.
- The token was launched in March 2021, following the success of PSG’s fan token.
- The total supply of CITY is 20 million, with 3.5 million currently in circulation.
- CITY can be acquired with fiat or by swapping CHZ for it.
- The token’s price and growth are influenced by the price and growth of CH
Introducing the Manchester City Fan Token: A Revolutionary Way to Empower Fan Engagement
Introducing Manchester City Fan Token (CITY): A Revolutionary Digital Asset for Devoted Supporters
The Manchester City Fan Token, powered by Socios.com, is a pioneering initiative built upon the Chiliz (CHZ) blockchain. As a trailblazer in the realm of fan engagement, Socios has successfully created fan tokens for an array of esteemed football clubs, including the illustrious Paris Saint-Germain (PSG), as well as for the Ultimate Fighting Championship (UFC) and car racing. By holding these tokens, fans are granted a stake in the club’s governance, empowering them to influence key decisions, unlock exclusive VIP rewards, and gain access to a plethora of promotions, games, and special recognition opportunities.
Following the phenomenal success of PSG’s inaugural launch in January 2020, Manchester City Football Club embarked on the launch of CITY in March 2021. The token’s prosperity is largely contingent upon the club’s on-field triumphs and the advancement of blockchain technology. Notably, the token’s value surged when rumors of Cristiano Ronaldo’s potential transfer to the club circulated, only to plummet after the deal fell through.
The Visionaries Behind Manchester City Fan Token: Meet the Founders
Manchester City Fan Token was established by Socios.com, a pioneering platform powered by Chiliz, which enables sports enthusiasts to engage with their beloved clubs and associations in a more immersive and interactive manner. Founded by the visionary Alexandre Dreyfus, who also serves as the CEO of Chiliz, the platform leverages his extensive expertise garnered from over two decades of founding and growing innovative web-based companies. Notably, his impressive portfolio includes the development of Webcity, a cutting-edge interactive travel guide, as well as Winamax and Chilipoker, two prominent online poker projects, before laying the foundation of Chiliz in 2017.
Manchester City, one of England’s most revered football clubs, boasts an impressive array of accolades, including four prestigious Premier League titles and an unbroken streak of ten top 10 finishes over the past decade. Under the astute guidance of Pep Guardiola, a managerial luminary of international renown, the club continues to thrive.
Unveiling the Uniqueness of Manchester City Fan Token
The Manchester City Fan Token embodies ownership of a voting right, affording fans the opportunity to earn distinctive club-specific rewards and experiences. For example, fans can exert influence over the message the captain wears on his armband, gain access to the player area in the stadium, or receive privileges to watch a match in the VIP zone, accompanied by discounts on club merchandise.
As long as CITY is listed on Socios.com for trading, enthusiasts can procure the token, thereby acquiring a stake in the club’s governance. Furthermore, according to Stephan Cieplik, senior vice president of global partnerships sales at City Football Group, every devoted fan is entitled to receive a complimentary Manchester City token.
CITY can be obtained using fiat currency or by exchanging CHZ, which inherently links the price and growth trajectories of CHZ to those of CITY. Beyond granting holders a voice in the decision-making process through voting in polls, CITY also offers the opportunity to win prizes in contests and quizzes on Socios.com, as well as cashback rewards from the club. Looking ahead, the platform plans to introduce a range of additional features for fans, including the ability to purchase VIP goods and services bearing the club’s branding, earning bonus rewards for participating in the club’s governance, staking fan tokens to receive NFT rewards, and benefiting from CITY’s integration with partner applications.
What Is the Circulating Supply of Manchester City Fan Token (CITY) Coins?
The total supply of CITY tokens is capped at 20 million, with 3.5 million currently in circulation. Initially introduced through an Fan Token Offering, these tokens are presently only available for purchase on cryptocurrency exchanges.
The Manchester City Fan Token Network: A Fortress of Security
Socios.com serves as a conduit between football clubs and their devoted fan bases, generating transparent and secure digital revenue streams for the former, while empowering the latter to have a vested interest in their club’s decision-making processes.
Chiliz, an Ethereum sidechain, boasts a proprietary crowd control mechanism, ensuring that fans engage in a secure environment, where they can participate in publicly audited polls with confidence. As an ERC-20 and BEP2 token, CHZ has undergone rigorous auditing by Certik, further solidifying its credibility.
When Will Manchester City Fan Token Trading Commence?
Marking a significant milestone, CITY officially debuted on March 19, 2021, on the esteemed Chiliz platform.
Acquiring Manchester City Fan Token (CITY): A Comprehensive Guide
CITY is now accessible on esteemed cryptocurrency exchanges, Paribu and Chiliz, further expanding its reach in the digital asset market.
Notably, CITY and numerous other fan tokens available on Socios.com can be acquired through active participation in games and by leveraging platform applications, which offer tokens as rewards for engaging with the team.
New to the world of cryptocurrency? Explore our comprehensive guide on entering the market and purchasing CITY or any other token at CoinMarketCap’s educational hub, Alexandria.
Associated Resources:
Discover the Paris Saint-Germain Fan Token (PSG), a unique digital asset that embodies the spirit of the iconic football club.
Discover Chiliz (CHZ), the cryptocurrency that powers CITY, a cutting-edge Ethereum sidechain.
Delve into the world of CITY through our in-depth analysis and expert price prediction.
Delve into the world of fan tokens, demystified by CMC Alexandria.
Stay ahead of the curve with the latest cryptocurrency news and expert trading insights, courtesy of CoinMarketCap Alexandria.