AC Milan Fan Token

Halal Rating :
Comfortable
Last Price $1.60 Last updated:
Rank 1102
1D Change -1.70 %
Market Cap $10.65m
Circulating supply 6,661,579
Maximum supply None

Crypto Overview

Categories
  • Sports
  • Fan Token
  • Binance Launchpad
  • Soccer

Overview and Intended Utility

The AC Milan Fan Token (ACM) is a utility token created through the Socios.com platform and the Chiliz blockchain infrastructure. The token is designed to give AC Milan soccer club fans voting rights and influence in certain club decisions, access to exclusive rewards, and VIP experiences.

Business Model Analysis

The token operates on a fan engagement model where supporters can participate in polls regarding club decisions, access exclusive content, and receive merchandise discounts. The fundamental business model appears transparent and does not involve inherently prohibited activities.

Real-World Adoption and Usage

Current data shows active usage among AC Milan fans, with regular polls being conducted and rewards being distributed. The token has maintained consistent engagement levels through the Socios.com platform, with fans actively participating in various club-related decisions.

Token Distribution and Governance

The token distribution appears relatively centralized, with Socios.com and AC Milan controlling significant portions of the supply. However, this aligns with the intended use case of being a club-specific utility token. There are clear vesting periods and transparency regarding token allocation.

Development Activity

The platform shows regular updates and maintenance, though most development occurs on the Socios.com platform rather than the token itself. This is expected given its nature as a fan engagement tool.

Revenue Model Analysis

The revenue model is based on token sales and platform engagement, without involving interest-bearing mechanisms or gambling elements. The primary value proposition comes from utility rights rather than speculative trading.

Crypto Impact

To assign a comfort level investing in AC Milan Fan Token from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to AC Milan Fan Token.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating