Fan Tokens | Bitcointalksearch.org

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Quote from: virasisog on September 20, 2022, 10:19:55 AM

Quote from: abralzain17 on September 20, 2022, 09:49:06 AM

Quote from: PercT4b on September 17, 2022, 04:40:31 AM

Every bull-run has a specific sector that is most likely to blow up, the previous one was the time of gaming and NFTs.

So, football is the most followed and practiced sport in the world, sports in general are becoming more social and engaging (it's cleary what is happening with F1, whose
fanbase is booming), with cryptos gaining more attention in this sector thanks to more and more sponsorships and partnerships.

Could make sense to expect fan tokens to blow up during the next bull-run?

I think tokens like Fan Tokens are not unattractive to collect, but I think it's just to throw away your assets, and also their value will last only a short time, depending on the momentum or not having the opportunity to grow more like other cryptos.

As for me, they are not worth investing. Even if a sport related to it is famous and is on trend, I don't think people would prefer collecting these tokens. They are not good for long term investment but rather worth holding in just a short time. There are better coins which are worth buying. Coins that can assure us a better profit in the future.

It is definitely not a long term investment, Fan tokens are like meme, they are not comparable to top coins. I think for risk lovers who often invest in low cap coin or meme projects, FAntoken is a suitable choice for them. When the worldcup event is coming up, it is certain that these useless tokens will be further inflated. The market is very gloomy, finding profits is very difficult, so many people will not pass up this speculative opportunity, I believe the sharks will join this game.

gurunanakji777

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During hype, one can make money but I saw Fan trading volume is very less so expectation from a low volume coin is not a good idea but sometimes market pump and dump a shit coin also if such a thing happens with fan coin then we can not say anything otherwise one should focus on other potential coins for investment.

Warkop

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There are no tokens or coins in favor at the moment, it all depends on how the market is growing around the world, obviously this is not a matter of which coin/token is better to invest, but how we can avoid falling prices in all markets, even though it is something which is common, at least there is prevention in terms of investment, at least to avoid big losses.

All of tokens look the same. The bearish market was making everything going down. I think that if some people who keep calling fan token was a bad thing to learn about the crypto movement. it's not about utility but it's about the hype.
Scam token can be pumped so high due to the hype even a legit token can go down caused by it doesn't have any hype to support it.

But to read the movement of tokens alone is very difficult for now, and bear markets are still happening, that's why many people are concerned about the impact of this bear market, at least looking for a moment to avoid bad things that will happen, for example, fraudulent tokens will continue to appear, in order to steal all the funds of investors and the public in general, then this is what many parties should be worried about, especially ourselves, if you don't want to be trapped from fraudulent coins/tokens...

virasisog

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Quote from: abralzain17 on September 20, 2022, 09:49:06 AM

Quote from: PercT4b on September 17, 2022, 04:40:31 AM

Every bull-run has a specific sector that is most likely to blow up, the previous one was the time of gaming and NFTs.

So, football is the most followed and practiced sport in the world, sports in general are becoming more social and engaging (it's cleary what is happening with F1, whose
fanbase is booming), with cryptos gaining more attention in this sector thanks to more and more sponsorships and partnerships.

Could make sense to expect fan tokens to blow up during the next bull-run?

I think tokens like Fan Tokens are not unattractive to collect, but I think it's just to throw away your assets, and also their value will last only a short time, depending on the momentum or not having the opportunity to grow more like other cryptos.

As for me, they are not worth investing. Even if a sport related to it is famous and is on trend, I don't think people would prefer collecting these tokens. They are not good for long term investment but rather worth holding in just a short time. There are better coins which are worth buying. Coins that can assure us a better profit in the future.

tvplus006

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Quote from: babygun on September 20, 2022, 05:40:02 PM

I don't really get why fan tokens are really useful for fans... In my eyes they are pretty useless and just something else to collect for fans. ..

You don't understand, because you haven't even tried to figure out what fan tokens are and what their value for fans is. I have already written in this thread about the usefulness of fan tokens for fans using the example of the Lazio team and if you are really interested, follow the link and read: https://bitcointalksearch.org/topic/m.60959612

Silberman

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Quote from: babygun on September 20, 2022, 05:40:02 PM

Quote from: tvplus006 on September 20, 2022, 01:17:46 PM

There are a huge number of coins on the cryptocurrency market that have no value and yet they continue to be traded on the exchange. And in terms of their value, fan tokens surpass a lot of coins in their value and are really useful for fans. And on the eve of the World Cup, a lot of fan tokens have already started their upward movement.

I don't really get why fan tokens are really useful for fans... In my eyes they are pretty useless and just something else to collect for fans. It can be interesting however to buy some of these tokens as some of them will probably get pumped quite high in November when the World cup starts.

Personally I do not get it either, which is why I stay away from them, now it is true that with the upcoming world cup some of those tokens may begin to pump but I am not going to change my posture as I would only be speculating with those coins and personally this is not something that I like, because if I invest in a coin it is because I think the coin has good fundamentals and I can hold it for a long time knowing it will not disappear on me all of a sudden and make me lose my money without any possibly of reducing my losses.

babygun

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Quote from: tvplus006 on September 20, 2022, 01:17:46 PM

There are a huge number of coins on the cryptocurrency market that have no value and yet they continue to be traded on the exchange. And in terms of their value, fan tokens surpass a lot of coins in their value and are really useful for fans. And on the eve of the World Cup, a lot of fan tokens have already started their upward movement.

I don't really get why fan tokens are really useful for fans... In my eyes they are pretty useless and just something else to collect for fans. It can be interesting however to buy some of these tokens as some of them will probably get pumped quite high in November when the World cup starts.

jaberwock

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Quote from: ahmia39 on September 20, 2022, 01:42:20 PM

This fan token has an important role to strengthen the club community. Basically, fan tokens don't have to have a base value (or the crypto asset that they are based on) bitcoin or ethereum. In other words, the value of fan tokens is measured by the value of fans who buy tokens and the value of loyalty to the club they like. and when a fan has shown their loyalty to a club then the token will explode.

I see it like buying a jersey, or a ticket, or whatever merchandise you can think of, it is just buying something that belongs to your club and you are a fan of it so you want a piece of it, nothing more. Anyone who purchases with bigger ideas would be disappointed for sure.

There are some clubs who does extra stuff, cheaper season tickets, cheaper jerseys, chances to participate in some club events etc etc which could be great, you just need to hold certain amount and you would be able to do these, and if you are really a big fan, then you may want to get some of that token to do this, but aside from that I do not think that there is any other investing related logical reason to buy them.

Xal0lex

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Quote from: ahmia39 on September 20, 2022, 01:42:20 PM

This fan token has an important role to strengthen the club community. Basically, fan tokens don't have to have a base value (or the crypto asset that they are based on) bitcoin or ethereum. In other words, the value of fan tokens is measured by the value of fans who buy tokens and the value of loyalty to the club they like. and when a fan has shown their loyalty to a club then the token will explode.

Only if these fan tokens are supported by the fan community and the clubs on which the fan tokens are based. A large number of fan tokens are created without this linkage, only on the basis of the name of a club or sport. There's nothing else behind this fan token. As long as there isn't a system of utilitarian connections between fan tokens and real life, not many people will be interested in them.

Victorik

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Quote from: PercT4b on September 17, 2022, 04:40:31 AM

Every bull-run has a specific sector that is most likely to blow up, the previous one was the time of gaming and NFTs.

So, football is the most followed and practiced sport in the world, sports in general are becoming more social and engaging (it's cleary what is happening with F1, whose
fanbase is booming), with cryptos gaining more attention in this sector thanks to more and more sponsorships and partnerships.

Could make sense to expect fan tokens to blow up during the next bull-run?

These fan tokens are no different from meme tokens, they have no utilities what so ever, and they will fade away before you know it.
I am afraid they may not attract too much attention.
For example, do I get to buy a certain token because it shares the name of a team I support? It doesn't make By sense to me.
But anyway, this is cryptocurrency, you don't fight the trend, rather, you follow it.

ahmia39

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This fan token has an important role to strengthen the club community. Basically, fan tokens don't have to have a base value (or the crypto asset that they are based on) bitcoin or ethereum. In other words, the value of fan tokens is measured by the value of fans who buy tokens and the value of loyalty to the club they like. and when a fan has shown their loyalty to a club then the token will explode.

tvplus006

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Quote from: abralzain17 on September 20, 2022, 09:49:06 AM

I think tokens like Fan Tokens are not unattractive to collect, but I think it's just to throw away your assets and also their value will last only a short time, depending on the momentum or not having the opportunity to grow more like other cryptos.

There are a huge number of coins on the cryptocurrency market that have no value and yet they continue to be traded on the exchange. And in terms of their value, fan tokens surpass a lot of coins in their value and are really useful for fans. And on the eve of the World Cup, a lot of fan tokens have already started their upward movement.

jrrsparkles

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Quote from: PercT4b on September 17, 2022, 04:40:31 AM

Every bull-run has a specific sector that is most likely to blow up, the previous one was the time of gaming and NFTs.

So, football is the most followed and practiced sport in the world, sports in general are becoming more social and engaging (it's cleary what is happening with F1, whose
fanbase is booming), with cryptos gaining more attention in this sector thanks to more and more sponsorships and partnerships.

Could make sense to expect fan tokens to blow up during the next bull-run?

Nope, it won't even last long for few months even if a project gave so much hype via promotion of famous player because its literally nothing, the fan will buy it because they like the player but there is nothing beyond that, so as an investor no one will consider investing on such projects.

abralzain17

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Quote from: PercT4b on September 17, 2022, 04:40:31 AM

Every bull-run has a specific sector that is most likely to blow up, the previous one was the time of gaming and NFTs.

So, football is the most followed and practiced sport in the world, sports in general are becoming more social and engaging (it's cleary what is happening with F1, whose
fanbase is booming), with cryptos gaining more attention in this sector thanks to more and more sponsorships and partnerships.

Could make sense to expect fan tokens to blow up during the next bull-run?

I think tokens like Fan Tokens are not unattractive to collect, but I think it's just to throw away your assets and also their value will last only a short time, depending on the momentum or not having the opportunity to grow more like other cryptos.

Almasani

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Quote from: PercT4b on September 17, 2022, 04:40:31 AM

Every bull-run has a specific sector that is most likely to blow up, the previous one was the time of gaming and NFTs.

So, football is the most followed and practiced sport in the world, sports in general are becoming more social and engaging (it's cleary what is happening with F1, whose
fanbase is booming), with cryptos gaining more attention in this sector thanks to more and more sponsorships and partnerships.

Could make sense to expect fan tokens to blow up during the next bull-run?

Maybe a lot in sports token releases, I often pay attention to special tokens about football. Perhaps one of the tokens that can survive in a bearish market is a sports fan token. The participation rate of sports fans on the token is very high, which has allowed the token price to be sustained.

Aliem Nur

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Fan tokens are indeed one of the cryptocurrencies that are currently very bullish,
and maybe one of the altcoins that are outside the bearish path of Bitcoin,
this is very good for those of you who want to get profit in the bearish season,
indeed Fan Tokens will still continue to rise because there will be many football events in the world,
one of which is the FIFA World CUP

GreatArkansas

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I think fan tokens are a very old and well-known industry. Bull seasons usually shine more unknown niche sectors instead of polishing the sectors that everyone knows. I rely more on web 3.0 projects rather than fan tokens related to the football industry.
(....)

Then this is just an example of hype, which is really common in every bull market. Every bull market there is a new trending way to get high profits and at the same time loss money. So on next bull run, fan tokens may still stay and improved, but I am not expecting it will be the same hype like before to next bull run because there are new niches will come.

Yatsan

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Quote from: ?? on ??

I think fan tokens are a very old and well-known industry. Bull seasons usually shine more unknown niche sectors instead of polishing the sectors that everyone knows. I rely more on web 3.0 projects rather than fan tokens related to the football industry. I shape my investments with this idea. If you have a prediction that the fan tokens will be the star of the bull season, you can try your luck. This is your decision.

In bullish season, most of the tokens' market value increases especially those which are considered "fan tokens". Simply because fans indidicate demand, given that there are people who are a fanatic of these cryptos, the market volume will also increase during this said season, technically. Investing into it would be a good idea especially if there is a continuous positive or upward movement to most of the cryptos' value. Choosing where and when to enter would be the bottomline. But as long as it is a confirmed bullish movement, there's less to worry about.

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Quote from: TimeTeller on September 18, 2022, 05:13:34 PM

Quote from: justdimin on September 18, 2022, 04:16:40 PM

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Quote from: piebeyb on September 17, 2022, 12:26:47 PM

I'm sure not many football fans buy or own this fan token, so I guess it just looks like bullshit, I love football but maybe don't want to also have this token as an investment, if you believe it's a good investment invest in yourself alone

When it comes to investing, a good investment is one that is profitable, There is no difference between a fan token and a meme token in my opinion. They are useless but can be pumped by sharks because the biggest football event on the planet is approaching, so they have the potential to be profitable.
If you have meme investment then investing in Fan token is not a trivial matter. as long as you invest with enough money to lose and don't hold them for as long as a real investment like bitcoin or top coins.

Hype is not a good enough reason to buy a token though. I mean if it's hyped then it will make you some money that is true but what if it isn't hyped? Why take that risk? I would personally discourage everyone to do something like that.

The better result would be just focusing on something that is a bit better by investing into fundamentals of a project. Look at the biggest one, bitcoin, it is by far the best rated one so far and ranked at the top, these tokens needs to provide me with a better reason to invest into them rather than bitcoin and so far "it could go up a lot if hyped" is the only reason people can give me and that is not a good reason at all.

This is why, if you are in doubt in this market, just stick to bitcoin.
At least, it has been tested by time. And I don't think it will disappear without a warning.
Alts will disappear without prior alarm but with bitcoin, you will know if we will be in the bearish or bullish period or if it will totally be out of the market.
Hard to trust these fan tokens which heavily depends on their respective developers for their existence.

If our goal is to buy a project to make a profit, we should avoid buying fan tokens that do not have strong fundamentals. As you said it is better
to focus on investing in projects with a good track record like Bitcoin. Which Bitcoin has proven to be the best crypto, because several times
the price of Bitcoin fell, but over and over again Bitcoin was able to recover and even rise to much higher price. So instead of risking investing
in fan tokens, and in the end just wasting our money. It is better to take effective steps by buying Bitcoin for us to hold in the long term,
I'm sure in the future we can generate a satisfactory profit from Bitcoin.

TimeTeller

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Quote from: justdimin on September 18, 2022, 04:16:40 PM

Quote from: ?? on ??

Quote from: piebeyb on September 17, 2022, 12:26:47 PM

I'm sure not many football fans buy or own this fan token, so I guess it just looks like bullshit, I love football but maybe don't want to also have this token as an investment, if you believe it's a good investment invest in yourself alone

When it comes to investing, a good investment is one that is profitable, There is no difference between a fan token and a meme token in my opinion. They are useless but can be pumped by sharks because the biggest football event on the planet is approaching, so they have the potential to be profitable.
If you have meme investment then investing in Fan token is not a trivial matter. as long as you invest with enough money to lose and don't hold them for as long as a real investment like bitcoin or top coins.

Hype is not a good enough reason to buy a token though. I mean if it's hyped then it will make you some money that is true but what if it isn't hyped? Why take that risk? I would personally discourage everyone to do something like that.

The better result would be just focusing on something that is a bit better by investing into fundamentals of a project. Look at the biggest one, bitcoin, it is by far the best rated one so far and ranked at the top, these tokens needs to provide me with a better reason to invest into them rather than bitcoin and so far "it could go up a lot if hyped" is the only reason people can give me and that is not a good reason at all.

This is why, if you are in doubt in this market, just stick to bitcoin.
At least, it has been tested by time. And I don't think it will disappear without a warning.
Alts will disappear without prior alarm but with bitcoin, you will know if we will be in the bearish or bullish period or if it will totally be out of the market.
Hard to trust these fan tokens which heavily depends on their respective developers for their existence.

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