Fan Tokens - page 3. | Bitcointalksearch.org

Imran232

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Quote from: PercT4b on September 17, 2022, 05:40:31 AM

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To be honest, this is similar to short-term craps. You know, if you have a gut feeling and are willing to take a small risk, you can invest to see what you have. Look, this is like another kind of meme trend. You know why I am saying this is because you just said those fan tokens can bloom in the football season. Though there are some fan tokens in the market and some of them are actually working well, not all. So maybe there are some people who are waiting for your money with the same idea that let's wait for the football season and create a fan token or nft, then just spread the news of the projects and let's go with their money. So, it's obvious that it's a meme trend. So if you think you want to take a risk for a short-term trade, then yeah, it's your choice. But, in my opinion, you should avoid it and instead conduct research and invest in some top coins for the long term while waiting for a profitable moment. Thank you.

MAAManda

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Quote from: tvplus006 on September 17, 2022, 02:22:50 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.

tvplus006

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Quote from: MAAManda on September 17, 2022, 09:03:04 AM

You're right, it's not good to expect more fan tokens, they don't have a clear use-case or utility. But, if it's just to ride the hype, I don't think there's anything wrong with it, for example the world cup event that will take place this year. I think this event will have a very positive impact on fan tokens, and we can take this opportunity to benefit from riding the hype.

But if it's for long-term investment purposes, don't expect more from fan tokens. They won't give you anything.

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.

uneng

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The tendency for fans' tokens is that only fans of their clubs purchase them. Something that could influence the demand and popularity of those tokens is the influence of the club officially over each respective token. Let's say a popular soccer club from Europe launches its fan token officially and offers many different bonus and advantages for holders. It can be discounts on club's products, tickets and memberships or even a sharehold of the club in order to earn monthly interest. Depending the creativity of developers fan tokens can be an interesting investment.

Kocret02

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It can be said, fan tokens are a golden door for fans. Token holders have the power to shape the future of the team.
This is what makes fan tokens attract a lot of fans' interest.

piebeyb

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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

pieppiep

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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.

Xal0lex

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Fan tokens just parasitize on the topic of sports and cryptocurrencies, so 99% of such tokens are absolutely useless, have a meager trading volume and are of no interest to anyone without additional attention. By extra attention, I mean various influencers, thanks to which some tokens can briefly grow by thousands of percent, but then they still return to their previous values. Altcoins don't have such a thing, that if they have something to do with some kind of activity with huge fanbase, it will mean that all this fanbase will want to buy them. There needs to be a hype around some project, and without the hype all these fan tokens are just a bunch of garbage.

TastyChillySauce00

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Mostly of football tokens have millions fans in the world. These tokens have no real utilities but at least you can do something with your fan tokens. Fan token has the same chance like another coin or token in the market to increase as long as there are whales who pumping it. Don't you even learn from what happened with porto last weeks when it was pumping so hard by the whales. Talking about the bullish market mean talking about whole of market become green.
I think that if you were always watching crypto and you do know what i meant above.,

budi691

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There are many football fans on this earth, this will have a very positive impact on fan tokens, but not all of them have the desire to own their favorite club tokens, and unfortunately such tokens do not make sense in the crypto world, and if you want long term investment, Bitcoin can be the right choice

Iyeman

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The hype can come anytime no matter what happened with the token. Sometime crypto has become pure gambling to the tokens and projects itself. Did you see how luna was doing before? it can still be bought by lots of dumb people and then the price got pumped so hard.
The same thing can happen with fan token. We know that if fan token mostly issued by the club with a very big popularity and so, are you still feeling doubt with this kind of token? it can be pumped by the whales as well.

goinmerry

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Quote from: PercT4b on September 17, 2022, 05:40:31 AM

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

If those can build hype, it might be got push by the bull-run. However, that's a risky thing to be involved in that kind of token that doesn't really make sense to exist n the crypto world. Besides, why hope and expect fan tokens to be created when there are lots of coins out there that are more worth putting money with?

Better forget this idea and shift to other plans.

cryptoaddictchie

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Quote from: PercT4b on September 17, 2022, 05:40:31 AM

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

Yes it did blow up sometime on binance but actually I was thinking whats the use of those fan tokens anyway? Even though on defi space havent heard such hype on this field cause its not a general perspective to a lot of community. Well maybe those fans around the globe but lets consider not all are fans of football ( I am more on basketball such as NBA).

MAAManda

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Quote from: Cuda911 on September 17, 2022, 05:53:35 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.

You're right, it's not good to expect more fan tokens, they don't have a clear use-case or utility. But, if it's just to ride the hype, I don't think there's anything wrong with it, for example the world cup event that will take place this year. I think this event will have a very positive impact on fan tokens, and we can take this opportunity to benefit from riding the hype.

But if it's for long-term investment purposes, don't expect more from fan tokens. They won't give you anything.

X-ray

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Quote from: PercT4b on September 17, 2022, 05:40:31 AM

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

It will always possible. Anything will be pumped during the bullish market no matter what happened with the token even some scam tokens were also being pumped by the whales. In my opinion if any legit tokens that have been backed by a legit parties must be used as a way to make money. The fan token was also a very good thing to be used as short term investment too. I think that fan token was also a good thing to be used during the bullish trend. It will be also going up like whole of coins.

tvplus006

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Quote from: PercT4b on September 17, 2022, 05:40:31 AM

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

Usually the pump of such coins is timed to football news and the most important event this year will be the World Cup, which will be held in Qatar in November. For this reason, fan tokens can show significant growth, even if the bull run does not start by then.

gunhell16

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Quote from: PercT4b on September 17, 2022, 05:40:31 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 notice you dude, your expectations are too high for the fan token you are referring to, remember this is just a Fan token with a high chance that it has no value and use. You should just take it easy first, so you don't get hurt too much if something unexpected happens. Although, Football is a good game.

Let's look at the next chapters and things that can happen in the future as long as for now let's just enjoy that thing.

Coin_trader

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Fan tokens already received the hype when NFT first introduced because this is the time when many sports team enter in crypto with both NFT and Fan tokens for there team as starter pack for there fans. They already have Chilliz project that become hype on this category before when it was introduced and they just introduced the individual fans token using Binance launchpad to gather more funds. I admit that this Fan tokens is really good if you are a real supporter of the said team but having the physical collectible is much better to collect while using fiat to purchase merchandise is much convenient so that the token value will not gonna be volatile.

I don’t see something like tokens that will boom in crypto because this is not the type of token that can be used for profit generating purposes for investors because it’s main purpose is for financial support to the sports team where it belong.

jesselui

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Fan tokens have already exploded. Especially towards the end of the season last year, I saw with my own eyes what was happening in Atletico Madrid and Paris tokens. They are very open to manipulation. If you follow the matches that determine the championship at the end of the season, you can earn good money.

Z390

sr. member

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Basically useless tokens until a football club is about to play a match that's when this fan tokens see good appreciation in price, I still don't understand more about these tokens and I don't mind looking into them because I have no reason to, I am not a fan of football anyway.

Topic: Fan Tokens - page 3. (Read 455 times)