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Fenerbahçe S.K., one of the three biggest sports clubs in Turkey, issued its own fan token on the Ethereum blockchain through a new partnership with the local crypto exchange Paribu. The initial presale of 500,000 unlocked tokens was completed on Aug. 9, netting the club 15 million lira ($1.75 million)
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English football club Leeds United has joined the crypto train with the partnership with blockchain platform Socios.com. This makes it the fourth Premier League club to join the Socios ecosystem. LUFC Token to Launch on Socios.com Leeds United made this known on their website and revealed that the club would launch a
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The Ultimate Fighting Championship, the largest mixed martial arts association in the world, is launching its own blockchain-based fan token.The UFC officially announced on Tuesday that it will debut a UFC Fan Token on fan engagement and rewards app Socios.com. Minted on the Chiliz blockchain, the token is scheduled for launch
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Nonfungible tokens (NFTs) and decentralized finance (DeFi) are two of the hottest concepts in the crypto sector, and each is altering the way projects and companies interact with the public on a wide scale. One project that is looking to apply these concepts into a framework for sports fan engagement is
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New owners of $ACM tokens will be privileged to take part in the AC Milan major decision-making process.Professional football club AC Milan has announced a groundbreaking partnership with leading sport-focused blockchain company Chiliz to launch a fan-based token $ACM on Socios.com. According to the partnership’s statement, new owners of $ACM
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Grammy Award-winning American pop-rock band "Portugal. The Man" has launched a fan-focused cryptocurrency on the Ethereum-based Rally Network. Known as PTM Coin, the new token will reportedly grant fans exclusive access to various events and perks, including a livestream party, previously unreleased songs and more.Fan tokens emerged as a growing
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Token prices for football clubs Paris Saint-Germain and Juventus spike 160% and 80% respectively in 24 hours following their 21 Dec listing on Binance, reaching a daily volume of $300M.The tokens, powered by Socios and Chiliz, are Ethereum-based. Ownership of JUV and PSG enables fans to engage with other fans
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By implementing fan tokens, Binance aims to expand the cryptocurrency world to sports fan with this new strategy with Chiliz – a global-trusted blockchain, and fintech project that developed Socios.com.Binance, the world’s leading exchange platform, took a jump into the world of sports by announcing the integration of Juventus (JUV)
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Natus CEO Yevhen ‘HarisPilton’ Zolotarov noted that the organization is transitioning to a more dynamic technology that engages with the audience more.Natus Vincere, alias NAVI, a Ukraine-based esports organization, has announced plans to launch a fan token dubbed $NAVI through Socios.com.According to the announcement made by Socios.com through a Medium
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While central banks are embracing digital currencies, they still aren’t a fan of Bitcoin and other cryptocurrencies. The
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