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.

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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.

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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

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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.

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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.

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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

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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.

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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. 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

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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.

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.

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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.

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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.

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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

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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.

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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.

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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.

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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.

Imran232

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

<.........>

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, 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.

tvplus006

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Quote from: MAAManda on September 17, 2022, 08:03:04 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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Buzz App - Spin wheel, farm rewards

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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Bitcoin Trader

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, 04:40:31 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, 04:40:31 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, 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.

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, 04:40:31 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, 04:40:31 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, 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 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

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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.

GxSTxV

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They’re fan tokens and nothing to take seriously or invest on them, first time seeing them on binance was really encouraging to buy and support my favorite team but then when i saw more details it made no sense for me to buy those tokens, it’s not related to the success of the club they represent it’s just as any shitty tokens in the crypto market and will stay very risky and with high volatility, and I’m not sure if it’s any supportive for the teams themselves in any way

btc_angela

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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 remember that there is already a token about football in general, or at least projects that is related to the sport already, I just can't recall what it is. Of course it make sense, but the question is that this have been thought before and we didn't know if it become successful or not. There is no problem with football, it's worldwide and will continue.

So we don't know what will be the next big craze in the next bull run. But just the same though, it's a cycle, ICO-IEO and now we have the NFT and then P2E. But we will have to wait what the new wave will be in 2024-2025. But just like what we have learn from the past, we should be the first in line to be able to make profits on it in the bull run.

Cuda911

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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.

PercT4b

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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?

Topic: Fan Tokens (Read 468 times)