Arsenal Fan Token
Crypto Overview
Overview and Intended Utility
Arsenal Fan Token (AFC) is a fan engagement token created through the Socios.com platform in partnership with Arsenal Football Club. The token's intended utility is to provide Arsenal fans with voting rights on certain club decisions, access to exclusive rewards, games, and experiences related to the football club.
Business Model Analysis
The token operates on the Chiliz blockchain infrastructure and is primarily used for fan engagement rather than financial speculation. The business model involves fans purchasing tokens to participate in club-related decisions and access exclusive content. The platform generates revenue through initial token sales and transaction fees.
Actual Utility Assessment
On-chain data and platform activity show that AFC tokens are actively used for their intended purpose. Fans regularly participate in polls and decisions regarding club matters, such as choosing designs for merchandise or naming training facilities. The token has demonstrated consistent engagement levels since its launch.
Token Distribution and Governance
The token distribution appears relatively transparent, with clear allocation between the club, platform (Socios), and public sale. There are established vesting periods for team allocations. The majority of tokens are made available for fan acquisition and engagement purposes.
Development and Marketing
The platform shows ongoing development with regular updates and new features being added to the Socios ecosystem. Marketing efforts are balanced with platform development, focusing on fan engagement rather than price speculation.
Crypto Impact
To assign a comfort level investing in Arsenal 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 Arsenal 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.