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Topic: Football Fan tokens and gambling (Read 580 times)
Recently i have seen many football fan tokens like AC Milan Fan Token (ACM) and Manchester City Fan Token (CITY). Also FC Porto Fan Token (PORTO) will list soon on binance.
Do these tokens have any use cases or they are just made to collect money from their fans ? Would they be used in gambling ?
Do these tokens have any use cases or they are just made to collect money from their fans ? Would they be used in gambling ?
This answer is very long but i want to help you briefly .
Actually these fan tokens have no utility and can not survive whitout an extra features to create revenue to theirselves and giving a purpose their hodlers.
Otherwise all of them will just become a standart token .
We are trying to support fantoken ecosystem in our project called Myteamcoin , we have aworking Defi as Myteamex.com and nftmarket called myteamart.org (Still in development )
Right now we support BSC fantokens and some Chiliz BEP20 fantokens soon or later we will try to support ERC20 based and Bitci Based fantokens as well .
As Myteamcoin Family we are trying build more Dapps on BSC to create more additional resources help Fantoken Ecosystem
As Cz said no tokens can survive without an additional feature related defi .
Coming to the football fan tokens, I would be very much careful in investing in them especially at the time of their launch. There are high chances that these tokens will launch at a higher price and move to fair prices after a few days/weeks.
I think fan tokens trend will fade away soon and may not be long lasting one.
I think from the eyes of investors and traders, something like this makes sense because what we do must be balanced and there must be profit in every transaction, but it is different from the eyes of certain football fans. They will collect anything from their favorite club including this fan coin.I think fan tokens trend will fade away soon and may not be long lasting one.
Moreover, it is said that by having coins from these football fans, they can have the opportunity to be closer to the club they love and this is of course what they want.
Of course, it's nice when tokens can be used not only as a collector but also for other purposes, but for me, the content plays a huge role.
Yes, I also want the token to be as beautiful and unusual as possible. I really haven't seen something worthwhile for a long time that could excite my mind!I saw this link mentioned by you and did not find anything special about the project.
Coming to the football fan tokens, I would be very much careful in investing in them especially at the time of their launch. There are high chances that these tokens will launch at a higher price and move to fair prices after a few days/weeks.
I think fan tokens trend will fade away soon and may not be long lasting one.
I don't think the fan club token will have any actual use in the gambling industry.!!
Yeah, I haven't seen one too. It depends on the casinos if they'll like to accept fan tokens. If they see that there's a huge userbase for a fan token, they might accept it. They're just relying on the demand for such tokens.And if a fan token is seen to be in high demand and there's a lot of fans that are into it, they're for sure going to add it as long as they can capitalize and benefit from adding it.
Correct if that token have value and also been listed on top exchange then provably the casinos will accept that but if no demand or whatsoever which can give it any value then its not good to add since its not rewarding to anyone who holds it.
The football token I know so far is this https://coinmarketcap.com/currencies/footballcoin/.
This is the thing that others are looking for if they should be listed onto a casino, we don't know how these tokens will get there as long as they're being liked and really has a big community.
We never know which token get the hype and give lot of returns. As long as these clubs could find a use case for these token, they would be worth to buy.
An example could be that clubs can open marketplaces of the player shirts and footballs autographs with payment in their native club tokens.
I don't think the fan club token will have any actual use in the gambling industry.!!
Yeah, I haven't seen one too. It depends on the casinos if they'll like to accept fan tokens. If they see that there's a huge userbase for a fan token, they might accept it. They're just relying on the demand for such tokens.And if a fan token is seen to be in high demand and there's a lot of fans that are into it, they're for sure going to add it as long as they can capitalize and benefit from adding it.
Correct if that token have value and also been listed on top exchange then provably the casinos will accept that but if no demand or whatsoever which can give it any value then its not good to add since its not rewarding to anyone who holds it.
The football token I know so far is this https://coinmarketcap.com/currencies/footballcoin/.
This is the thing that others are looking for if they should be listed onto a casino, we don't know how these tokens will get there as long as they're being liked and really has a big community.
We never know which token get the hype and give lot of returns. As long as these clubs could find a use case for these token, they would be worth to buy.
An example could be that clubs can open marketplaces of the player shirts and footballs autographs with payment in their native club tokens.
Recently i have seen many football fan tokens like AC Milan Fan Token (ACM) and Manchester City Fan Token (CITY). Also FC Porto Fan Token (PORTO) will list soon on binance.
Do these tokens have any use cases or they are just made to collect money from their fans ? Would they be used in gambling ?
Do these tokens have any use cases or they are just made to collect money from their fans ? Would they be used in gambling ?
Are these AC Milan and Man City tokens issued by the club or they are issued by some random guy? We saw Squid Games token coming up few days back that have no link with squid games production house. Can someone clarify about these football fan tokens?
Being in gambling sector, I have never seen these tokens used for betting. Crypto widely used for betting is btc and top alt coins like Ethereum etc.
The sponsor of Inter or Valencia is their token from Socios in shirts. Only two months ago, Binance created its own tokens, Porto and Lazio, but those created by Socios are even over two years old.
Of course, it's nice when tokens can be used not only as a collector but also for other purposes, but for me, the content plays a huge role.
Yes, I also want the token to be as beautiful and unusual as possible. I really haven't seen something worthwhile for a long time that could excite my mind!
Recently i have seen many football fan tokens like AC Milan Fan Token (ACM) and Manchester City Fan Token (CITY). Also FC Porto Fan Token (PORTO) will list soon on binance.
Do these tokens have any use cases or they are just made to collect money from their fans ? Would they be used in gambling ?
Do these tokens have any use cases or they are just made to collect money from their fans ? Would they be used in gambling ?
Are these AC Milan and Man City tokens issued by the club or they are issued by some random guy? We saw Squid Games token coming up few days back that have no link with squid games production house. Can someone clarify about these football fan tokens?
Being in gambling sector, I have never seen these tokens used for betting. Crypto widely used for betting is btc and top alt coins like Ethereum etc.
Of course, it's nice when tokens can be used not only as a collector but also for other purposes, but for me, the content plays a huge role.
Yes, I also want the token to be as beautiful and unusual as possible. I really haven't seen something worthwhile for a long time that could excite my mind!
Of course, it's nice when tokens can be used not only as a collector but also for other purposes, but for me, the content plays a huge role.
And, personally, I'm not too fond of that football clubs so brazenly pulling money from their fans. After all, the graphics here are often not as good as I would like.
most of these fan tokens are even launched on the Binance launchpad. It surely means they've certain usefulness for Binance to have agreed on a deal to list them, even though I don't seem to understand their usefulness beyond the ordinary.
I think Binance used these tokens to attract football audience to cryptocurrency. These tokens are just another promotional instrument for them. If ice hockey would be as much popular as football, Binance would have listed hockey tokens instead.
You are completely right about saying that "football fan tokens are similar to meme coins". They are also created "juts for fun" and does not have a real use case. If having a lot of tokens would have granted any kind of bonuses; like meeting football players, visiting their training and etc; that would be great.
As a football fan, I am very happy that more and more tokens are coming out. It seems to me that this is an incredibly cool solution, and it doesn't matter if they can be used elsewhere or not.
Recently i have seen many football fan tokens like AC Milan Fan Token (ACM) and Manchester City Fan Token (CITY). Also FC Porto Fan Token (PORTO) will list soon on binance.
Do these tokens have any use cases or they are just made to collect money from their fans ? Would they be used in gambling ?
There's also LAZIO. Come to think of it, most of these fan tokens are even launched on the Binance launchpad. It surely means they've certain usefulness for Binance to have agreed on a deal to list them, even though I don't seem to understand their usefulness beyond the ordinary. I see them as mere memetokens without any usefulness beyond their communities. I may be wrong on that, though. With the great ROI most of them have recorded, I'm certain more clubs will want to join in the frenzy. I watched that of Lazio closely. It was sold at $1 for one Lazio token at launch only for it to skyrocket to $26 within a few hours after it got listed. That's some crazy ROI.Do these tokens have any use cases or they are just made to collect money from their fans ? Would they be used in gambling ?
Quote
FC Porto Fan Token (PORTO) will list soon on binance.
BTW, PORTO is now also listed on Coingecko and currently trading around $5. 
That's a sample of it but there's more about those fan tokens that are specific for those teams that fans like. For that example, it's only listed on two exchanges.
This is the thing that others are looking for if they should be listed onto a casino, we don't know how these tokens will get there as long as they're being liked and really has a big community.
it looks like the token will be used as one of the profitable assets and maybe used to raise money from their fans by using it as a transaction tool like accessories seller and others.... This is the thing that others are looking for if they should be listed onto a casino, we don't know how these tokens will get there as long as they're being liked and really has a big community.
whereas for gambling it will be possible when it's worth even between individual fans
Probably for P2P gambling, that's all that these football fan tokens are going to be used if there's no casino that accepts them. 
Do these tokens have any use cases or they are just made to collect money from their fans ? Would they be used in gambling ?
For people holding such token, the people will be able to participate in some of what is going on in the club, like voting and many like that.The question on my mind on this clubs tokens is are the token listed on any exchange or can the rewarded token get converted to local currencies such as USTD on their platform?
Yes, it can be converted to USDT, they even have more liquidity and trading pairs. Immediately after such tokens are launched, USDT pair is created for them, but I know about binance. 
I don't think the fan club token will have any actual use in the gambling industry.!!
Yeah, I haven't seen one too. It depends on the casinos if they'll like to accept fan tokens. If they see that there's a huge userbase for a fan token, they might accept it. They're just relying on the demand for such tokens.And if a fan token is seen to be in high demand and there's a lot of fans that are into it, they're for sure going to add it as long as they can capitalize and benefit from adding it.
Correct if that token have value and also been listed on top exchange then provably the casinos will accept that but if no demand or whatsoever which can give it any value then its not good to add since its not rewarding to anyone who holds it.
The football token I know so far is this https://coinmarketcap.com/currencies/footballcoin/.
This is the thing that others are looking for if they should be listed onto a casino, we don't know how these tokens will get there as long as they're being liked and really has a big community.
I don't think the fan club token will have any actual use in the gambling industry.!!
Yeah, I haven't seen one too. It depends on the casinos if they'll like to accept fan tokens. If they see that there's a huge userbase for a fan token, they might accept it. They're just relying on the demand for such tokens.And if a fan token is seen to be in high demand and there's a lot of fans that are into it, they're for sure going to add it as long as they can capitalize and benefit from adding it.
Correct if that token have value and also been listed on top exchange then provably the casinos will accept that but if no demand or whatsoever which can give it any value then its not good to add since its not rewarding to anyone who holds it.
The football token I know so far is this https://coinmarketcap.com/currencies/footballcoin/.
This is the thing that others are looking for if they should be listed onto a casino, we don't know how these tokens will get there as long as they're being liked and really has a big community.
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Do these tokens have any use cases or they are just made to collect money from their fans ?
I thought that this article will help you to understand what was main purpose of fantoken. The fan token idea created by chiliz and this exchange site is also actively offering more and more partnership with various popular club to issue their own fan tokens to help the club to engage with the its online community. https://www.chiliz.com/en/what-is-a-fan-token-and-how-do-they-work/
Would they be used in gambling ?
It would be possible to be used in gambling since it was only asset that can be used in dapps but the main purpose of fan token to help the club to be even closer with its fan. Any token has different ability. I think that used this to be able to buy merchandise or ticket would be very beneficial from the club instead of bringing it into the gambling platform. Fan token that issued by football club act as a governance token for the club and any hodlers will have ability to participate in the vote for the future plan by the team. This may the main use case from this token. Jump to: