Fan Tokens - page 2. | Bitcointalksearch.org

justdimin

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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.

tvplus006

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Quote from: Frengki_cisco on September 18, 2022, 11:09:12 AM

...Token moves tend to be more towards investors who play, not fans.

This is the difference between investors and fans: fans will hold fan tokens in order to receive bonuses from their favorite team, and investors will sell coins as soon as the profit received from their sale satisfies his goals. On the eve of the World Cup, fan tokens can be useful for both investors and fans.

Xal0lex

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Quote from: Reid on September 18, 2022, 04:30:31 AM

I would not look forward on that even as a sports fan. I'd rather go to the game buy memorabilia and try my luck for a player to sign on it.
That will be better than an NFT item which value could go lesser as time flies by than a real thing that could be displayed in your house and boast to your sports friends.
They keep on advertising the Sports NFT's because there's not many buyers. It doesn't really work. Lower your expectation for it to gain value.

The NFT industry is still at an early stage, so many people don't see the value and convenience in using and acquiring NFT, even if they give some advantages and entitle them to claim some real things. A lot of people are scared off by the fact that there is a lot of scam around NFT and tokens lose value very quickly after they have been minted. Maybe in the future this will all be solved, for example by free mint creating collections or with special fan soulbound tokens that will be associated with a particular user.

Frengki_cisco

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

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

Looks like i have to differentiate fan tokens with F1 or football fans, not all football and F1 fans are interested in crypto or tokens, not one reason they can soar in price in the market.

Token moves tend to be more towards investors who play, not fans.

ScamViruS

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Quote from: piebeyb on September 18, 2022, 10:13:49 AM

Quote from: ScamViruS on September 17, 2022, 02:20:43 PM

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

I have never bought this token either, and I don't think it can be an investment. There is no need to keep this token if you are a fan of football. Therefore, most crypto users are not interested in making such investments, resulting in the market price of those tokens only pump dump, no stable progress. There is a lot of talk about the use case of these tokens, but so far the impact has not been seen.

I also think the trading volume on this token looks fake, because I'm not sure people invest it in the long term, only take short term profits in trading because this market often pumps and dumps

All the pump dumps are done to attract more investors. But looking at the charts of these tokens, it is easy to guess that there is no potential growth other than pump and dump. So it may be uncertain to expect more from such tokens. There are many more potential projects in the market, traders should spend their time in the market to find them instead of such pump and dump trading.

samuraijin

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Quote from: Reid on September 18, 2022, 04:30:31 AM

I would not look forward on that even as a sports fan. I'd rather go to the game buy memorabilia and try my luck for a player to sign on it.
That will be better than an NFT item which value could go lesser as time flies by than a real thing that could be displayed in your house and boast to your sports friends.
They keep on advertising the Sports NFT's because there's not many buyers. It doesn't really work. Lower your expectation for it to gain value.

Everyone's hobbies are different, especially if it's related to finances or income, at least we can try it, even though we are not very interested in sports, rather than buying memorabilia even though it can make you expand your home display collection, at least what you are going to buy can be of value. when you resell it, that's a hand-to-hand exchange system, indeed there are some people who are interested in NFT some are not, at least it's still related to Cryptocurrancy.

piebeyb

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Quote from: ScamViruS on September 17, 2022, 02:20:43 PM

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

I have never bought this token either, and I don't think it can be an investment. There is no need to keep this token if you are a fan of football. Therefore, most crypto users are not interested in making such investments, resulting in the market price of those tokens only pump dump, no stable progress. There is a lot of talk about the use case of these tokens, but so far the impact has not been seen.

I also think the trading volume on this token looks fake, because I'm not sure people invest it in the long term, only take short term profits in trading because this market often pumps and dumps

tvplus006

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Quote from: MAAManda on September 17, 2022, 01:32:21 PM

Quote from: tvplus006 on September 17, 2022, 01:22:50 PM

You're wrong. Fan tokens have a real use, starting from getting a discounted ticket for the match of your favorite team and up to taking part in voting on minor issues of the club. In addition, holders of fan tokens have a lot of benefits that are provided for them by the club.

Ok, if I'm wrong, can you provide about the use-case you mean? So far, Fan Tokens are just Fan Tokens, they have not provided any real use to their holders. If we talk about the future, yes it might happen, and I've also seen some visions of the industry from the Chiliz website. However, what I mean here is the current condition, these Fan Tokens have not had a real impact on their usefulness.

Here on this page you can view the results of the Lazio fans voting: https://www.binance.com/en/fan-token/team-profile/lazio/vote?utm_source=fan-token On the same page, holders of the Lazio fan token will be able to vote when a new vote is opened. More details about the benefits of fan token holders are indicated on the official website of Lazio: https://www.sslazio.it/it/fan-zone/lazio-fan-token
Similar benefits are provided for holders of the Fan tokens of other clubs.

Reid

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I would not look forward on that even as a sports fan. I'd rather go to the game buy memorabilia and try my luck for a player to sign on it.
That will be better than an NFT item which value could go lesser as time flies by than a real thing that could be displayed in your house and boast to your sports friends.
They keep on advertising the Sports NFT's because there's not many buyers. It doesn't really work. Lower your expectation for it to gain value.

pieppiep

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Quote from: posi on September 17, 2022, 04:16:59 PM

Quote from: pieppiep on September 17, 2022, 11:51:03 AM

It does make sense to expect fan tokens to explode in the next bull run. But sadly, we won't know when it will explode, even if the bull run comes in this month or next. It won't necessarily be a good time for fan tokens to explode as there are still many sectors or other factors that will trigger a bull run. But if you believe the fan token will explode in the next bull run, you can start investing now so you're never too late to make a profit.

For Fan Tokens it is not necessary to wait for the next bull season, they have been noticed recently because this year we have a world cup event that will take place this November. Many people think that this will be an opportunity for Fan Token to be inflated and this will be an opportunity this season for us to take advantage of to make a profit before the end of the year. Fan tokens are just memes with no utility that haven't received much attention since their launch, but if you are a follower of trends, you shouldn't miss this opportunity.

But maybe it hasn't been able to bring in fan tokens to raise its price or attract more investors despite the world cup event. But indeed it can be a good moment to introduce fan tokens to the public so that they can see and support the project by investing in fan tokens. But I don't know if fan tokens can survive in the harsh crypto market because there will be competition between other fan tokens for the top spot. I don't know much more about fan tokens but they can be an option for investing.

Wawa2013

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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

I also as a football fan have never been interested in buying fan tokens, because I don't think there is any benefit that can be obtained from fan tokens.
What exists if we buy fan tokens is only to provide support to our favorite team, meaning that buying fan tokens is not to make a profit. So I'm sure
when the bull market comes, the price of fan tokens will not pump, so why spend our money by buying fan tokens. It's better to invest in metaverse
coins that are likely to pump when the bull market comes. Or to be safer, investing in potential coins makes more sense for me to be able to generate
large profits. So please think carefully before buying fan tokens, especially since the economic situation is getting worse, so we should be wiser in using
our money. It is better to choose coins that do have a clear function and strong fundamentals, so the opportunity to be able to generate profits is
much greater.

Silberman

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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 don’t think so, I think of those tokens in the same way I think of gift cards, why I’d get a gift card when I can keep my cash and buy whatever I want instead of being tied to a single store? And even if clubs could give additional perks to those which buy their coin the market will be too limited despite the huge popularity of soccer all over the world, so if you want to buy those tokens as a way to support your favorite team that’s something you can do but don’t do this as a way to try to earn money with them as I don't see them skyrocketing during the next bull run.

Wexnident

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It won't blow up that much, might blow up within the local community of those certain fanbases though. Maybe in the short term, since it's new, we all know how a lot of groups take advantage of hypes to build up the market temporarily for anything, look at NFTs. I think it'd be more of like a fan merch stuff, maybe even provide VIP benefits depending on the amount of tokens held on different events, but in the end it'd still be limited on that certain community, hence the limited number of people in the market imo.

bitcoin-shark

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nft like all other classic altcoins, traditional especially those inspired by football have a good chance of growth during the bull phases of the market

savetheFORUM

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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?

Fan based tokens are already blowing up since last time when everyone is declining but it was not f1, it was football because there is also a football event that occurred. Maybe there is now an f1 event, that is why f1 based tokens are also gaining a traction. If you ask me if they make sense I think id say no they aren't because to me they are not different to those hype coins or meme coins in other terms.

If there are coins that people should support more then that would be the standard cryptos, because they are in a critical condition. Right now, we haven't moved on into a new sector but the nft sector is still there. In fact many of these fan based tokens are also connected to the nft's.

BitDane

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

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

It also make sense to expect fan tokens won't blow up on the next bull-run. You know anything can happen in crypto regardless of its trend. So do not put high hopes on anything especially Fan Tokens because if you do, you might find yourself disappointed if nothing of your expectation happens.

posi

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Quote from: pieppiep on September 17, 2022, 11:51:03 AM

It does make sense to expect fan tokens to explode in the next bull run. But sadly, we won't know when it will explode, even if the bull run comes in this month or next. It won't necessarily be a good time for fan tokens to explode as there are still many sectors or other factors that will trigger a bull run. But if you believe the fan token will explode in the next bull run, you can start investing now so you're never too late to make a profit.

For Fan Tokens it is not necessary to wait for the next bull season, they have been noticed recently because this year we have a world cup event that will take place this November. Many people think that this will be an opportunity for Fan Token to be inflated and this will be an opportunity this season for us to take advantage of to make a profit before the end of the year. Fan tokens are just memes with no utility that haven't received much attention since their launch, but if you are a follower of trends, you shouldn't miss this opportunity.

fvb

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Quote from: Cuda911 on September 17, 2022, 04:53:35 AM

Lower your expectation mate, this tokens are just fan tokens they have no real use case for the world than just been that fan token, I would rather invest money on layer 1 and layer 2 projects or metaverse project, even play to earn projects are better because there is still a future waiting for these use cases.

IMHO. That's for sure. Everything that you have named is really waiting for promising development. I would also note the tokens of different blockchains on which many projects are tied. It is also worth noting that exchange tokens are really needed for people to use.

Jaered

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I still believe that fan tokens would be a thing, even though I have been stung twice after buying Manchester City and Atletico Madrid fan tokens, which went on to bomb severely. But its a learning curve. A steep one. If mainstream adoption continues and blockchain technology get more recognition, sport clubs would come to the recognition that fan tokens are very expedient and invest heavily on them. But not right now

ScamViruS

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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

I have never bought this token either, and I don't think it can be an investment. There is no need to keep this token if you are a fan of football. Therefore, most crypto users are not interested in making such investments, resulting in the market price of those tokens only pump dump, no stable progress. There is a lot of talk about the use case of these tokens, but so far the impact has not been seen.

Topic: Fan Tokens - page 2. (Read 473 times)