Every year, new people enter the market as a result of the enthusiasm around cryptocurrencies. For instance, numerous sports organizations reached out to their supporters in a novel way in 2021 by developing cryptocurrencies known as “fan tokens.”
Many well-known football teams, including Barcelona, Manchester City, and Arsenal, have embraced this development and teamed up with numerous blockchain startups to launch their own cryptocurrency in order to offer their supporters exclusive membership benefits.
The idea of a fan token was developed to assist clubs or sports organizations in effectively monetizing their fans. Fans have the opportunity to demonstrate their devotion to the love of their preferred team or sport while making use of the advantages of the tokens.
It may be similar to a subscription for fans that never has to be renewed. The tokens demonstrate that the fan has access to all of the perks offered by the club or organization. These benefits might, however, differ from one club to another. Some may provide their token holders VIP access to events, gifts, or chances to communicate with certain players. At the same time, others could consist of team-only events or gifts like cars or vacations to different locations. Today, we’ll do further research and compile a list of the best fan tokens in 2022 that will be profitable to buy in 2022.
Battle Infinity (IBAT)
Battle Infinity is significantly more than simply a standard fan token when compared to other fan tokens. Additionally, Battle Infinity is an ecosystem that mostly focuses on fantasy sports and offers its users the chance to establish teams and engage in combat with other users in order to advance in their league. IBAT, which is stored on the Binance Smart Chain, is the platform’s native governance token. IBAT is used to determine the worth of all in-game assets, and players may use it for in-game purchases, bets, and other purposes. On August 26th, 2022, it was listed on the LBank Exchange to broaden its reach internationally and assist in realizing its goal.
Axie Infinity and The Sandbox are two popular crypto-game platforms that served as inspiration for the development of Battle Infinity. But by emphasizing security, openness, and better user experiences more than these platforms, it provides more in comparison.
A stake pool that is shared by all participants serves as the source of all income. Users have total safety and freedom as a consequence. Battle Infinity’s goal is to transform fantasy sports by taking on hugely well-known Indian businesses like Dream11.
By leveraging NFTs as the foundation for its team constructions and building a virtual environment where the team may engage in combat, Battle Infinity hopes to expand beyond the services it now provides to legacy users.
Battle Infinity has over 193,900 votes and has been KYC validated, according to the Coinsniper platform, which made this clear. This eliminates the chance that the Battle Infinity crew may steal the investors’ money and vanish without a trace. Another fantastic aspect is that Solid Proof conducted a vulnerability audit of Battle Infinity’s smart contract.
Six separate products make up the Battle Infinity platform, which was created as an open and simple-to-use ecosystem:
- IBAT Premier League
- IBAT Battle Swap
- IBAT Battle Market
- IBAT Battle Games
- IBAT Battle Arena
- IBAT Battle Stake
Notably, the presale for IBAT tokens finished recently, but not in the usual way; it did so 66 days ahead of schedule, thanks to the quick selling of $5 million in BNB tokens. Battle Infinity was just formally listed on PancakeSwap, which resulted in a significant price hike. Battle Infinity’s price is $0.004553 at the time of writing, and its 24-hour trading volume is $525,840.
Alpine F1 Fan Token (ALPINE)
The iconic Formula One racing team, BWT Alpine F1, designed the Alpine F1 (ALPINE) token, a BEP-20 currency. The coin, which grants holders voting rights, was established in February 2022 and released on Binance Launchpad. ALPINE offers a special selection of NFTs that users may stake for rewards, unlike other fan tokens. The opportunity to interact with the F1 team and team-signed goods are two more noteworthy key elements. ALPINE has a market worth of around $36 million, and its token cost is $4.30.
Paris Saint-Germain Fan Token (PSG)
PSG fan token gives supporters the option to select the message that will appear on the captain’s armband and the message for the actual game. Holders can also vote on season-long honors for things like the best defensive performance, season-best goal, and season-best talent. PSG token holders can also participate in player meet-and-greets, receive VIP seating at the Parc des Princes stadium, and receive autographed items. The market capitalization of PSG fan tokens is now $28 million, with a token price of $9.8.
SS Lazio Fan Token (LAZIO)
Society for Sport Lazio, often known as Lazio, is a professional football team playing in the Italian league’s top flight. They developed LAZIO, a Binance Smart Chain BEP-20 coin released in October 2021, as their own fan token. Holders of LAZIO tokens have access to a variety of voting opportunities and can win great digital artifacts. The LAZIO coin is now trading at $5.91 and has a market worth of about $49 million. LAZIO was also first introduced on Binance Launchpad.
Atletico Madrid (ATM)
The blockchain platform Chiliz built Atletico Madrid’s own fan token, which was released in January 2020. Atletico Madrid is a Spanish football team. Participants in fan polls and ongoing promotions are open to token holders. 1.2 million of the 10 million ATM tokens currently in use are reserved exclusively for the club’s supporters. The market value of the ATM token as of right now is $15,415,097.
FC Barcelona Fan Token (BAR)
One of the most popular football clubs in the world, Football Club Barcelona is a professional football team with its home stadium in Barcelona, Spain. It competes in the top football league in the country. The FC Barcelona fan token (BAR) was created on the Ethereum blockchain, and owners may use the Socios Fan Token Platform to access their fan rewards. Holders of BAR tokens may also vote on choices such as captain armband messages and match day playlists.
Twenty-two holders were picked to participate in a match at Camp Nou, the home venue of FC Barcelona, according to the BAR token’s official website. On game day, token holders also get VIP access and can win prizes for the crowd. BAR has a market capitalization of about $28.1 million and is trading at $6.94.
Galatasaray Fan Token (GAL)
A supporter token for the sports team Galatasaray is called the Galatasaray Fan Token (GAL). Students from Istanbul’s Beyoglu neighborhood’s Galatasaray Lycee created the squad in 1905. In 2000, Galatasaray became the first Turkish team to take home both the UEFA Cup and Super Cup. The GAL coin is currently trading at US$ 2.53 and has a US$ 8.9 million market capitalization.
Santos FC Fan Token (SANTOS)
The renowned Brazilian football team Santos FC’s official fan token is SANTOS. This fan token offers specific benefits, including an NFT collection, staking incentives, and access to GameFi, in addition to some of the normal benefits like participation in team activities and voting power. One of the largest fan tokens in terms of market capitalization as of September 4th, 2022, SANTOS is valued at $13.37 and has a market worth of $60.9 million.
FC Porto Fan Token (PORTO)
Porto supporters were overjoyed to learn that their beloved team received its own fan token (PORTO) via a Binance Launchpad in 2021. Porto supporters may enjoy a variety of gifts and be rewarded for their steadfastness by having a fan token.Porto supporters were overjoyed to learn that their beloved team received its own fan token (PORTO) via a Binance Launchpad in 2021. Porto supporters may enjoy a variety of gifts and be rewarded for their steadfastness by having a fan token. PORTO may be used to buy NFT Mystery Boxes, which can then be staked on the Binance Fan Token Platform to receive further prizes. PORTO is valued at $6.94 as of September 4th, 2022, and has a market valuation of $54.2 million.
PORTO may be used to buy NFT Mystery Boxes, which can then be staked on the Binance Fan Token Platform to receive further prizes. PORTO is valued at $6.94 as of September 4th, 2022, and has a market valuation of $54.2 million.
Inter Milan Fan Token (INTER)
Inter Milan, a well-known Italian club, developed the INTER fan token to provide supporters with more opportunities to interact with the team. Owners of the INTER fan token are granted access to official products, voting privileges for minor club decisions, and stadium admission. Holders choose the music that the squad will sing while celebrating goals, which adds another unique benefit. The price of a single INTER token at the time of writing is $3.41, and its market value is $10.3 million.
Conclusion
Competition to be the best fan tokens in 2022 is becoming more complex and challenging as a result of the new trend of fan tokens and the participation of several sports organizations and teams. Many football teams work to provide more interesting and compelling prizes in an effort to get more supporters to buy the fan tokens. They still struggle, nevertheless, to compete with Battle Infinity. The token fan market is being destroyed by Battle Infinity, which is considerably more than a regular fan token.
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