After adding Chiliz to the platform, the price of the FC Barcelona fan token (BAR) soared to $ 6.7, bringing holders more than 200% profit.
On June 22, Chiliz, a blockchain-fintech technology provider for sports and entertainment, raised $ 1.3 million in less than two hours during the BAR token sale.
During the sale, which took place both on Socios.com and on Chiliz.net, fan tokens were bought for $ 600,000 at a fixed price of $ 2.2.
Demand for BAR far exceeded initiala limited offer volume of more than 5 times, while more than $ 6 million were deposited on Chiliz.net and Socios.com a few days before and during the token sale. BAR Fan Tokens have been sold in 106 different countries.
The next sale of BAR was announced at 24June, but at a price determined by supply and demand, according to Chiliz. Demand clearly exceeded supply and the price rose to $ 6.7, an increase of 2.5 times.
Fan tokens are digital assets thatoffer more active participation of fans in the application for voting and promotion Socios.com. Fans can use their coins to vote in club polls and get a chance to win digital and real rewards, such as appearing by video link on the LED displays in the stadium during the match, watching games as a VIP guest in the club, hospitality and meeting with players.
Fans can already use their BAR toVote in the first Barca poll to select a piece of art created by fans that will end up in Camp Nou's legendary home dressing room.
In the near future, the list function will be launched.leaders. Fans will receive reward points depending on how they interact with their teams through the app, which will allow fans to compete for the title “Fan # 1” in their country.
Subscribe to ForkNews on Telegram