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COINTURK NEWS > Altcoin News > What is Atletico De Madrid Fan Token?
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What is Atletico De Madrid Fan Token?

In Brief

  • The Atletico De Madrid Fan Token, as the name suggests, is a fan token for the Atletico De Madrid football team.

  • Fans can gain various advantages through this fan token of their favorite football club.
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COINTURK NEWS 1 year ago
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The Atletico De Madrid Fan Token, as the name suggests, is a fan token for the Atletico De Madrid football team. Fans can gain various advantages through this fan token of their favorite football club.

Contents
What is Atletico De Madrid Fan Token (ATM)?ATM Token ReviewHow to Buy Atletico De Madrid Fan Token?

What is Atletico De Madrid Fan Token (ATM)?

The Atletico De Madrid Fan Token (ATM) is a cryptocurrency based on the ERC-20 standard. Tokens are generally assets that can represent ownership or even membership. Since tokens are currently used for a wide variety of purposes, the most common is currently Ethereum, and many specialized blockchains have been developed for different purposes to support these ERC standard tokens. Socios.com is an application for football fans where users can buy fan tokens specific to the club they support, thereby interacting with the clubs they support and gaining voting rights.

On the other hand, Chiliz (CHZ) is an ERC20 utility token on the Ethereum blockchain, serving as a digital currency for the ChiliZ and Socios.com platform. Along with other sports Blockchain ventures, fan tokens have emerged as a new token category. Once entering the Socios.com platform, yet-to-be-announced club partners host an event called Fan Token Offering (FTO). Fans must purchase CHZ through a cryptocurrency exchange to obtain Fan Tokens. These tokens, specific to a team or club, are digital assets that provide access to an encrypted voting ledger and ownership rights to membership.

In addition, founded in 1903 and taking its more iconic form in 1947, the year the club became known as Atletico de Madrid, the club holds at least 10 La Liga and 10 Copa del Rey titles in Spain. Internationally, Atletico has made a name for itself with 3 UEFA Europa League championships and 3 EUFA Super Cups.

Furthermore, according to statements, ATM token holders not only get closer to the football club they are fans of, but also have a say in future decisions by voting on certain issues. It is stated that ATM token holders gain advantages such as participating in special polls throughout the season, being part of the Atlético de Madrid community, winning free Atlético de Madrid fan tokens, and earning free CHZ.

ATM Token Review

The ATM token naturally emerges as a cryptocurrency preferred by Atletico De Madrid fans. In addition, it appears that the football team’s performance, news or developments related to the team play a role in the ATM token price.

On the other hand, it can be said that ATM token also attracted great interest after its listing on Binance. We can access more precise information about Atletico De Madrid Fan Token with current and historical data.

As of the time this article was prepared for publication, the Atletico De Madrid Fan Token, trading at 5.31 dollars, is also trading at 0.0001444 BTC in the ATM BTC trading pair. According to CoinMarketCap data, the Atletico De Madrid Fan Token, which ranks 730th with a trading volume of 6,465,921 USD, also has a 24-hour trading volume of 3,247,539 USD.

In addition, the Atletico De Madrid Fan Token, which broke the record with 29.29 dollars on December 30, 2020, also saw its lowest level at 2.96 dollars on July 1, 2020. Additionally, there are currently 1,223,789 ATM in circulation, and this number is expected to reach a maximum of 10,000,000 Atletico De Madrid Fan Tokens.

How to Buy Atletico De Madrid Fan Token?

The Atletico De Madrid Fan Token can be purchased quickly and reliably through Binance, the world’s largest cryptocurrency trading platform in terms of trading volume.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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