AC Milan Fan Token

Halal Rating :
Comfortable
Last Price $1.58 Last updated:
Rank 1181
1D Change 3.96 %
Market Cap $10.53m
Circulating supply 6,683,590
Maximum supply None

Crypto Overview

Categories
  • Sports
  • Fan Token
  • Binance Launchpad
  • Soccer

Purpose and Utility

AC Milan Fan Token (ACM) is a utility token created in partnership with Socios.com and Chiliz blockchain. The token provides AC Milan fans with voting rights on certain club decisions, access to exclusive rewards, merchandise, and experiences. Token holders can participate in polls that influence aspects of the club, such as match celebration songs or friendly match locations.

Business Model Analysis

The business model revolves around fan engagement and club participation through tokenized voting rights and rewards. The underlying model is transparent and operates on the Chiliz blockchain. No impermissible activities like gambling, interest-bearing products, or prohibited content are directly involved in the core token utility.

Real-World Adoption

The token has been actively used by AC Milan fans for voting on various club decisions since its launch. The Socios.com platform reports regular fan engagement through polls and reward redemptions. The token maintains utility through consistent club-related activities and decisions.

Platform Development

The token operates on the established Chiliz blockchain infrastructure, which continues to develop and maintain its technology. The platform regularly introduces new features and voting opportunities for token holders.

Token Distribution and Governance

The token distribution includes allocations for fan rewards, club treasury, and platform operations. The voting mechanism is transparent and operates on a one-token-one-vote basis for eligible polls.

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.