FC Porto Fan Token
PORTO
Watchlist
₹183.28
LIVE
Watchlist
24H Low ₹180.63
24H High ₹188.95
Price of PORTO today
The current live price of PORTO today is ₹183.28, with a 24-hour trading volume of ₹91,64,75,823.27. Our PORTO to INR price is updated in real-time. PORTO has seen a decrease of -2.67% in the last 24 hours. With a live market cap of ₹1,32,13,87,941.32 , the circulating supply is at 7,218,206 PORTO coins, with a maximum supply of 40,000,000PORTO coins.
FC Porto Fan Token Price History
Date Comparison | Amount Change | % Change |
---|---|---|
Today | -₹3.19 | 1.71% |
7 Days | ₹23.90 | 14.96% |
30 Days | ₹58.32 | 46.9% |
1 Year | ₹21.95 | 13.72% |
FC Porto Fan Token Price Information
Price Change (1hr)
2.27%
Price Change (24hr)
1.71%
Price Change (7d)
14.96%
FC Porto Fan Token Market Stats
Market Cap
₹1,32,13,87,941.32
Fully Diluted Market Cap
₹7,32,25,27,932.87
24hr Volume
₹91,64,75,823.27
29.92%
Circulating Supply
7218206.35 PORTO
Total Supply
40000000 PORTO
Things to know about FC Porto Fan Token
What is FC Porto Fan (PORTO) token?
The FC Porto Fan Token (PORTO) is a digital asset launched in partnership between FC Porto, a prominent Portuguese football club, and Binance, the world’s leading cryptocurrency exchange. This collaboration aims to enhance fan engagement by leveraging blockchain technology. The PORTO token allows fans to participate in exclusive club decisions through voting, access unique experiences, collect digital memorabilia, and engage more deeply with the club. It represents a novel way for fans to support and interact with FC Porto, offering benefits and experiences that go beyond traditional fan participation methods.
Tokenomics
Total Supply:
The total supply of PORTO tokens is capped at 40,000,000.
Initial Allocation:
For the token sale, 4,000,000 PORTO tokens (10% of the total supply) were made available.
Purpose:
The PORTO token is designed to increase fan engagement by allowing token holders to vote on club decisions, access exclusive content and experiences, and participate in the club’s digital ecosystem.
Market Data
As of today #{today’s date}, the price of FC Porto Fan Token is ₹183.28 INR or 2.071 USD, with a 24-hour trading volume of 10355659.02 USD. The market capitalization for FC Porto Fan Token is 14930937.19USD. The circulating supply is 7218206.35 FC Porto Fan Token, with the total supply also being 40000000 FC Porto Fan Token.
Token Pros and Cons
Pros:
Enhanced Fan Engagement:
Offers fans new ways to interact with the club.
Exclusive Experiences:
Access to unique experiences and memorabilia.
Voting Rights:
Fans can influence club decisions.
Digital Collectibles:
Opportunity to collect NFTs related to the club.
Binance Ecosystem Integration:
Access to various Binance features and services.
Cons:
Market Volatility:
Subject to the high volatility of the crypto market.
Limited Utility Outside Club Ecosystem:
Mainly beneficial within the FC Porto and Binance ecosystems.
Regulatory Risks:
Potential for regulatory changes affecting token usage or value.
Technical Barriers:
Requires some understanding of cryptocurrencies and blockchain.
Dependence on Club Performance:
The token’s appeal may be influenced by the club’s on-field performance.
Why Should You Invest in the Coin?
Strong Brand Association:
FC Porto is a well-established football club with a large fan base.
Innovative Fan Engagement:
The token offers new ways for fans to engage with the club.
Potential for Appreciation:
Limited supply and growing demand could increase the token’s value.
Exclusive Access and Benefits:
Token holders can access unique experiences and voting rights.
Support for Your Favorite Club:
Investing in the token is a way to support FC Porto financially.
USP of the Coin
Integration with Binance Ecosystem:
Offers broader accessibility and functionalities within the Binance ecosystem.
Fan Voting on Club Decisions:
Empowers fans to have a say in certain club matters.
Access to Digital Collectibles and NFTs:
Unique opportunity for fans to collect digital memorabilia.
Problem the Coin is Solving
The FC Porto Fan Token addresses the challenge of fan engagement in the digital age by providing a blockchain-based platform that enables more interactive and meaningful participation with the club. It solves the problem of geographical and physical barriers, allowing global fans to have a say in club matters and access exclusive content and experiences.
Founder and team background
The token was launched in collaboration between FC Porto and Binance. FC Porto’s President, Jorge Nuno Pinto da Costa, and Binance’s CEO, Changpeng “CZ” Zhao, played key roles in this partnership. Their combined expertise in sports management and blockchain technology has been crucial in the token’s development.
ICO Price
ICO Price:
1 PORTO = 1 USD.
Listing Date:
The token sale occurred from 6th November to 16th November 2021.
Initial Allocated Units:
4,000,000 PORTO tokens were available for the token sale, representing 10% of the total supply.
Risks Associated in Investing in the Coin
Market Volatility:
Crypto markets are highly volatile, affecting the token’s value.
Regulatory Changes:
Potential regulatory shifts could impact the token’s utility or legality.
Limited Use Case:
The token’s value is closely tied to the FC Porto ecosystem.
Technical Risks:
Blockchain and smart contracts are subject to bugs or vulnerabilities.
Dependence on Club’s Success:
The token’s popularity may depend on FC Porto’s performance and management decisions.
Summary of the Whitepaper
The FC Porto Fan Token whitepaper outlines the vision, technology, and strategy behind the creation of the PORTO token. It details the partnership between FC Porto and Binance, emphasizing the goal to enhance fan engagement through blockchain technology. The whitepaper explains the tokenomics, including the total supply, allocation, and purpose of the PORTO token. It highlights the benefits for token holders, such as voting rights, access to exclusive experiences, and the ability to collect digital memorabilia.
The whitepaper also addresses the technical aspects of the token, explaining its integration with the Binance Smart Chain for lower transaction costs and increased accessibility. It outlines the various functionalities of the token within the FC Porto and Binance ecosystems, including participation in club decisions, access to NFTs, and engagement in gamification features.
Furthermore, the whitepaper discusses the potential impact of the PORTO token on the FC Porto community, aiming to create a more interactive and rewarding fan experience. It also considers the broader implications for the sports industry, suggesting that blockchain technology can revolutionize fan engagement across various sports and clubs.
In conclusion, the FC Porto Fan Token whitepaper presents a comprehensive overview of the project’s objectives, technology, and potential impact, emphasizing the role of blockchain in enhancing the relationship between sports clubs and their fans.
Returns Calculator
Investment Amount
Investment Period
6M
1Y
2Y
3Y
Returns
PORTO to Converter
Quantity
PORTO
Price
₹
Price as per 10:32 AM • 05 Nov 2024
Recently Added Cryptocurrencies
Introducing the newly added cryptocurrencies on Mudrex.
Have a question not answered?
You can contact us at help@mudrex.com
What is the price of FC Porto Fan Token (PORTO)?
The current price of FC Porto Fan Token (PORTO) in INR is ₹183.28 INR.
What is the current PORTO market cap?
The current market capitalization of FC Porto Fan Token (PORTO) is ₹1,32,13,87,941.32 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of PORTO by the number of coins in circulation.
What is the current supply of FC Porto Fan Token (PORTO)?
The current supply of FC Porto Fan Token (PORTO) is 7218206.35 PORTO. This figure represents the total number of coins that have been mined and are currently in circulation.
What is the 24 trading volume of FC Porto Fan Token (PORTO)?
The 24-hour trading volume of FC Porto Fan Token (PORTO) in INR is ₹91,64,75,823.27. This figure represents the total value of all PORTO transactions across various exchanges within the last 24 hours.
How to Buy FC Porto Fan Token (PORTO) in India?
To buy FC Porto Fan Token (PORTO) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in PORTO.
Can I buy FC Porto Fan Token (PORTO) with UPI?
Yes, you can buy FC Porto Fan Token (PORTO) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.
How to Convert FC Porto Fan Token (PORTO) to Indian Rupee (INR)?
To convert FC Porto Fan Token (PORTO) to Indian Rupee (INR), you can use our PORTO/INR conversion rates in real time.