The Young Boys Fan Token (YBO) is a digital asset that allows supporters of the BSC Young Boys football club to engage in club decisions. More
| Fully Diluted Valuation | $174,341 |
|---|---|
| 24H Trading Volume | $64 |
| 24H Low / High | $0.03 / $ 0.04 |
| Circulating Supply | 1.20M |
| Total Supply | 5.00M |
| Max Supply | ∞ |
| Categories | Sports 2 more |
|---|---|
| Founder | Socios.com |
| Website | socios.com |
| Chains | Chiliz Ecosystem |
| Explorer | Chiliz |
| Contracts |
0x0dc....59329
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| Name | Pair | OG Score |
|---|
Fan tokens are digital assets that give fans a voice in their favorite sports teams. They act as proof of ownership or membership, allowing fans to influence club decisions. One popular platform for these tokens is Socios.com, which primarily focuses on football (soccer) fans.
How do Fan Tokens Work?
Chiliz ($CHZ) is the digital currency used on the Socios.com platform. To obtain a fan token, fans must purchase $CHZ on a cryptocurrency exchange and then exchange it for a specific fan token during a Fan Token Offering (FTO). These tokens are limited and allow fans to vote on club-related matters.
About BSC Young Boys
BSC Young Boys, founded in 1898, is a prominent football club in Switzerland, known for its recent championship wins and participation in the UEFA Champions League. The club has the largest membership among sports clubs in Switzerland.
What is the Young Boys Fan Token?
The Young Boys Fan Token is a utility token designed to enhance the relationship between the club and its supporters. It allows fans to participate in club decisions through voting and access exclusive rewards and experiences. This token is part of a broader movement in sports where blockchain technology is used to increase fan engagement.
How is the Young Boys Fan Token Secured?
The Young Boys Fan Token utilizes blockchain technology to ensure secure and transparent transactions. Each transaction is recorded on an immutable ledger, reducing the risk of fraud. Additionally, the token complies with regulatory measures, adding another layer of security for its holders.
How Will the Young Boys Fan Token Be Used?
The Young Boys Fan Token allows fans to vote on club matters, such as selecting messages for the captain’s armband or choosing merchandise designs. Holders can also participate in prediction games and gain access to unique experiences like player meet-and-greets and exclusive merchandise.
As the digital landscape evolves, the potential uses of the Young Boys Fan Token may expand, offering fans new ways to engage with the club and influence its direction.
Final Thoughts
While fan tokens like the Young Boys Fan Token provide exciting opportunities for engagement, potential investors should carefully consider the risks associated with cryptocurrency investments and conduct thorough research before participating.
The Young Boys Fan Token is unique because it empowers fans to influence club decisions through voting rights, providing a direct connection between the BSC Young Boys football club and its supporters, along with exclusive access to rewards and experiences.
The Young Boys Fan Token is part of the Socios.com platform, which was co-founded by Alexandre Dreyfus, who is also the CEO of Chiliz, the cryptocurrency used to purchase fan tokens.
The Young Boys Fan Token is backed by the Chiliz platform and Socios.com, which have garnered investment from various sources, including notable figures in the blockchain and sports industries.
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