Manchester City Fan Token

• Token Type:

• CITY is a fan token created by

• Socios.com

• on the Chiliz blockchain, designed to engage Manchester City Football Club fans in club-related decisions and activities.

• Total Supply:

• The total supply of CITY tokens is capped at 20,000,000 CITY.

• Circulating Supply:

• The circulating supply is reported to be 7,035,579 CITY tokens.

• Initial Circulating Supply:

• At the time of the token sale, the initial circulating supply was 3,708,172 CITY, which was 18.54% of the total supply.

• Token Sale:

• The CITY token sale occurred on 11th November, with a portion of the tokens available for sale on Binance.

• Utility:

• CITY tokens allow fans to influence club decisions, unlock VIP rewards, access exclusive promotions, and participate in games and special recognition.

• Distribution:

• The tokens are distributed through the

• Socios.com

• app, and registered Cityzens were eligible to claim a free token.

• Accepted Currency for Token Sale:

• BNB was accepted during the token sale.

• Purchase Method:

• Fan tokens like CITY can be purchased directly from the

• Socios.com

• app using CHZ, the in-app currency. CHZ can be bought using a debit or credit card.

As of today #{today’s date}, the price of Manchester City Fan Token is ₹25.17 INR or 25.17834375 USD, with a 24-hour trading volume of ₹29,64,829.10 USD. The market capitalisation for Manchester City Fan Token is ₹35,03,011.41USD. The circulating supply is 14204530.31 Manchester City Fan Token, with the total supply also being 19740000 Manchester City Fan Token.

Pros:

• Fan Engagement:

• CITY tokens provide a unique way for fans to engage with Manchester City Football Club and influence club decisions.

• VIP Access:

• Token holders can unlock VIP experiences and rewards.

• Exclusivity:

• Ownership of CITY tokens offers access to exclusive promotions and games.

• Community:

• Holders join a global community of superfans, enhancing the sense of belonging and fan culture.

• Innovation:

• The CITY token represents an innovative use of blockchain technology in the sports industry.

Cons:

• Market Volatility:

• As with all cryptocurrencies, CITY tokens are subject to market volatility, which can lead to unpredictable price fluctuations.

• Niche Audience:

• The token’s value is closely tied to the fanbase of Manchester City, limiting its appeal to non-fans.

• Dependence on Club Performance:

• The token’s success may be heavily influenced by the football club’s on-field performance.

• Regulatory Risks:

• The regulatory environment for fan tokens and cryptocurrencies is still evolving, which could impact the token’s utility and value.

• Technology Adoption:

• The broader adoption of blockchain technology is necessary for the full potential of CITY tokens to be realized.

• Fan Loyalty:

• Investing in CITY tokens can be a way to express loyalty and support for Manchester City Football Club.

• Potential Growth:

• As the sports industry continues to explore blockchain integration, early investment in fan tokens like CITY could yield growth.

• Exclusive Benefits:

• Token holders can enjoy benefits and experiences that are not available to the general public.

• Community Influence:

• Investors have the opportunity to influence club decisions, making their investment more interactive.

• Market Trends:

• The increasing popularity of fan tokens could lead to greater demand and potentially higher value for CITY tokens.

• Club-Specific Influence:

• CITY tokens offer a unique proposition by allowing fans to influence decisions specific to Manchester City Football Club.

• Partnership with Socios:

• The partnership with

• Socios.com

• , a platform specializing in fan engagement, adds credibility and a proven track record to the CITY token.

• Blockchain Technology:

• Utilizing the Chiliz blockchain ensures security and transparency for transactions and voting processes.

The CITY token addresses the problem of fan engagement by providing a digital platform where fans can actively participate in club-related decisions and feel more connected to the team they support.

The Manchester City Fan Token was founded by Socios.com, a platform supported by Chiliz technology, enabling sports enthusiasts to connect with their preferred teams and organizations. Alexandre Dreyfus, the founder and CEO of Chiliz, is the brain behind its inception.

• Token Sale Date:

• 11th November to 11th December 2021

• Ticker:

• CITY

• Token Type:

• BEP-20

• Fundraising Goal:

• $291,036

• Total Tokens:

• 20,000,000

• Tokens for Sale:

• 291,036 (approximately 1.45% of total supply)

• Token Sale Platform:

• Binance

• Limited Use Case:

• The CITY token’s use is primarily limited to fan engagement with Manchester City Football Club, which may not appeal to a broader investor base.

• Club Performance Dependency:

• The token’s value could be significantly affected by the club’s performance and popularity.

• Regulatory Uncertainty:

• Changes in cryptocurrency regulations could impact the token’s legality and utility.

• Market Volatility:

• The cryptocurrency market is known for its high volatility, which can lead to substantial price swings.

• Adoption Barriers:

• The success of the CITY token depends on the adoption of the

• Socios.com

• platform and fan tokens in general.

The whitepaper of the Manchester City Fan (CITY) Token has yet to be published.