Alpine F1 Team Fan Token (ALPINE) is a Binance-backed fan token for the Alpine F1 Team, offering fans engagement opportunities through voting polls. More
| Fully Diluted Valuation | $36.03M |
|---|---|
| 24H Trading Volume | $2.75M |
| 24H Low / High | $0.89 / $ 0.92 |
| Circulating Supply | 11.36 M |
| Total Supply | 40.00 M |
| Max Supply | 40.00 M |
| Categories | BNB Chain Ecosystem 1 more |
|---|---|
| Founder | Laurent Rossi |
| Website | binance.com |
| Socials | |
| Chains | Binance-smart-chain Ecosystem |
| Explorer | Binplorer 2 more |
| Contracts |
0x287....65a76
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| Name | Pair | OG Score |
|---|
Alpine F1 Team Fan Token (ALPINE) has entered the Formula One scene as the inaugural fan token backed by Binance, the world's leading cryptocurrency exchange. The token introduces a range of features designed to reshape fan engagement for supporters of the Alpine F1 Team.
Introduction to ALPINE:
ALPINE represents the first-ever fan token themed around Formula One. Binance, a prominent player in the cryptocurrency space, extends its foray into fan tokens with ALPINE, following previous success with LAZIO.
Key Features for Enhanced Fan Experience:
ALPINE offers various engagement opportunities for fans, including participation in team voting polls, acquiring digital collectibles and NFTs, and engaging with gamification features. These features aim to provide a unique and immersive connection between fans and the Alpine F1 Team.
Blockchain Network and Mechanism:
Operational on the Binance Smart Chain, ALPINE utilizes a proof-of-stake consensus mechanism. This involves 21 validators elected every 24 hours, staking a specific amount of coins to validate transactions and ensure blockchain security. The intention is to provide broader accessibility, increased functionalities, and lower transaction costs for users.
Strategic Partnership with Binance:
The collaboration with Binance is strategically significant, with the Binance logo set to feature on the Alpine A522 cars in the upcoming season. Laurent Rossi, the CEO of the Alpine F1 Team, expresses satisfaction with the partnership, emphasizing its potential to innovate fan engagement in motorsports.
Team and Token Launch Details:
The project team responsible for ALPINE's launch includes individuals with experience in F1, automotive industry partnerships, and sports and entertainment strategy consulting. ALPINE boasts an initial circulating supply of 28.40%, with a total supply capped at 40 million. Allocation categories include the launchpad sale, team, loyalty subscription, user fund, and developer fund.
Use Cases and Future Plans:
ALPINE token holders can immediately engage in fan voting and stake NFTs for rewards. Future developments include options for direct donations to the team, loyalty badges, and expanded activities for token holders, as part of Binance's commitment to enhancing utility on the blockchain.
Network Security Measures:
Secured as a BEP-20 token on the Binance Smart Chain, ALPINE relies on a proof-of-stake consensus mechanism. The selection of 21 validators every 24 hours plays a pivotal role in validating transactions and ensuring the overall security of the blockchain.
In conclusion, Alpine F1 Team Fan Token (ALPINE) emerges as a noteworthy addition to the Formula One fan engagement landscape. With its distinct features, strategic collaboration with Binance, and commitment to ongoing innovation, ALPINE positions itself as a potential catalyst for transforming the interaction dynamics between fans and the Alpine F1 Team.
ALPINE stands out as the first-ever Formula One-themed fan token, introduced by Binance to revolutionize fan engagement through features like voting polls, NFTs, and gamification, operating on the secure Binance Smart Chain with a proof-of-stake consensus mechanism.
Alpine F1 Team Fan Token (ALPINE) is an initiative by the Alpine Team, which is part of Alpine Cars, a French manufacturer of racing and sports cars belonging to the Renault Group. The project team for the token launch includes individuals like Guillaume Vergnas, Achille Dulac, Angela Liu, and Matthias Moulin.
Alpine F1 Team Fan Token (ALPINE) is backed by Binance, the world's largest cryptocurrency exchange. Binance has been actively involved in fan tokens, previously launching tokens like LAZIO and PORTO, and it serves as the distribution platform for the ALPINE token.
You can buy Alpine F1 Team Fan Token (ALPINE) on Binance, Gate.io, Bitget, MEXCKuCoin cryptocurrency exchanges.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Alpine F1 Team Fan Token (ALPINE) is ($11,360,000), max supply of Alpine F1 Team Fan Token ALPINE is ($40,000,000) and the market cap of Alpine F1 Team Fan Token ALPINE is ($10,232,164).
What is the Alpine F1 Team Fan Token (ALPINE) price prediction?
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The current market price of Alpine F1 Team Fan Token (ALPINE) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
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