Atletico De Madrid Fan Token

Halal Rating :
Comfortable
Last Price $2.0 Last updated:
Rank 1138
1D Change -2.73 %
Market Cap $12.27m
Circulating supply 6,083,396
Maximum supply None

Crypto Overview

Categories
  • Sports
  • Fan Token
  • Binance Launchpool
  • Chiliz Chain Ecosystem
  • Soccer

Purpose and Utility

The Atletico De Madrid Fan Token (ATM) is a utility token created in partnership with Socios.com to enhance fan engagement with the Atletico De Madrid football club. The token provides holders 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 kit designs or celebration songs.

Business Model Analysis

The business model revolves around creating value through fan engagement and exclusive access. The token operates on the Chiliz blockchain, with a clear mechanism for token acquisition and utility. The core activities - fan voting, rewards, and engagement - align with halal principles as they involve legitimate value exchange and don't incorporate interest-based or gambling elements.

Real-World Adoption

The token has demonstrated actual utility through various fan polls and engagement activities. Atletico De Madrid regularly conducts votes and offers exclusive experiences to token holders. The partnership with Socios.com, a established platform in the sports fan token space, provides technical infrastructure and legitimacy to the project.

Platform Activity

The token operates on the Chiliz blockchain, which maintains consistent development activity. Regular polls and engagement opportunities show active platform usage, though primarily centered around club-specific activities rather than broader technological development.

Token Distribution and Governance

The token distribution appears structured to serve its utility purpose, with tokens available through the Socios.com platform. The club maintains significant control over the token's utility features, which is appropriate given its intended use case as a fan engagement tool.

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.