Manchester City Fan Token

platform. Token holders can participate in club-related decisions, access VIP experiences, earn official products, and engage in various activities that bring them closer to the club. The token aims to enhance fan engagement by leveraging blockchain technology to create a more interactive and rewarding experience for supporters.

• 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 ₹179.38 INR or 2.069 USD, with a 24-hour trading volume of 2331803.38 USD. The market capitalisation for Manchester City Fan Token is 16349176.47USD. The circulating supply is 7872311 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.