Atletico De Madrid Fan Token

Halal Rating :
Comfortable
Last Price $2.03 Last updated:
Rank 1137
1D Change 2.98 %
Market Cap $11.64m
Circulating supply 5,742,530
Maximum supply None

Crypto Overview

Categories
  • Sports
  • Fan Token
  • Binance Launchpool
  • Soccer

Overview

The Atletico De Madrid Fan Token (ATM) is a utility token created in partnership with Socios.com, designed to give fans of the Atletico De Madrid football club increased engagement and voting rights in club decisions.

Intended Utility

The token's primary purpose is to provide holders with voting rights on certain club decisions, access to VIP rewards, exclusive promotions, games, and other fan engagement features. Token holders can participate in polls and decisions that affect aspects of the club, though these are typically limited to lighter matters like choosing celebration songs or friendly match venues.

Actual Utility

The token is actively used for its intended purpose, with regular polls and fan engagement activities taking place on the Socios.com platform. The club regularly conducts votes and offers exclusive experiences to token holders. The development and maintenance of the platform is ongoing, with new features and engagement opportunities being added regularly.

Token Distribution and Founder Analysis

The token distribution is managed through the Socios.com platform, with clear allocation mechanisms. The platform has established partnerships with numerous sports teams and has a track record of maintaining and developing their fan token ecosystems. The business model is transparent and based on fan engagement rather than pure speculation.

Technology and Revenue Model

The token operates on the Chiliz blockchain, a proof-of-authority network specifically designed for the sports and entertainment industry. The revenue model is based on token sales and transaction fees, without involving interest-based mechanisms or gambling elements.

Crypto Impact

To assign a comfort level investing in Atletico De Madrid 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 Atletico De Madrid 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.