Alpine F1 Team Fan Token

• Alpine is a BEP-20 token on Binance Smart Chain (BSC) for Alpine F1 team.

• Launched on Binance Launchpad in early 2022

• First F1-themed fan token by Binance

• The first F1 fan token on the BNB chain

• Total supply: 40,000,000 ALPINE tokens

• Initial sale price: 1 ALPINE = 1 USD

As of today #{today’s date}, the price of Alpine F1 Team Fan Token is ₹61.37 INR or 0.707 USD, with a 24-hour trading volume of 1669469.46 USD. The market capitalization for Alpine F1 Team Fan Token is 10387886.99USD. The circulating supply is 14714854.22 Alpine F1 Team Fan Token, with the total supply also being 40000000 Alpine F1 Team Fan Token.

Pros:

• Increases fan engagement for the Alpine F1 team through exclusive experiences, rewards, voting rights, etc.

• Provides monetization opportunities for both fans and the Alpine F1 brand

• It gives fans a sense of ownership and the ability to influence team decisions

• Access to limited edition Alpine F1 team NFT collections

• Potential for price appreciation if demand for fan tokens increases in the crypto market

Cons:

• High volatility risk - prices can fluctuate wildly like other cryptocurrencies

• Speculative investment with no apparent intrinsic value

• Concerns around scalability if network usage grows exponentially

• Still lacks regulatory clarity around cryptocurrencies

• Limited to Binance’s platform currently, restricting access

• Closer engagement with Alpine F1 Team

• Unique fan experiences

• Valuation has more than doubled since the launch

• A low-risk assessment by InvestorsObserver

• Revolutionizes fan experience with engagement opportunities

• Team voting polls, digital collectables, NFT purchases, gamification features

• Enhances interactive and engaging fan experience

• Participation in team affairs

• Access to digital rewards and unique experiences

• Strengthens team-supporter connection

• Product of Binance, the largest crypto exchange by volume

• Alpine F1 Team part of Renault Group’s Alpine sports car brand

• Raised $4 million on Binance Launchpad in Feb 2022

• ICO price: $1 per ALPINE token

• High volatility risk - Prices can fluctuate wildly like other cryptocurrencies

• Speculative investment with no apparent intrinsic value

• Scalability concerns if network usage grows exponentially

• Lack of regulatory clarity around cryptocurrencies

• Currently limited to Binance’s platform, restricting access

• Reliant on fan engagement/demand for F1 and Alpine team

• Small market cap and circulation supply risks low liquidity

The Alpine F1 Team Fan Token (ALPINE) is a BEP-20 utility token designed to enhance the fan experience for BWT Alpine F1 Team supporters. It is built and issued on the Binance Smart Chain (BSC), which is known for its broader accessibility, more functionalities, and lower transaction costs compared to other blockchains. The following features are highlighted in the whitepaper significantly.