FC Barcelona Fan Token
Crypto Overview
Project Overview
FC Barcelona Fan Token (BAR) is a utility token launched in partnership with Socios.com, a blockchain-based fan engagement platform. The token is built on the Chiliz blockchain infrastructure and was launched in June 2020.
Intended Utility
The token is designed to give FC Barcelona fans voting rights on certain club decisions, access to exclusive rewards, merchandise, and experiences. Token holders can participate in polls regarding club matters, such as choosing motivational messages in the dressing room or selecting designs for fan artwork.
Actual Utility Assessment
The token demonstrates genuine utility through regular fan votes and engagement activities. FC Barcelona actively uses the platform for fan interaction, with multiple polls conducted throughout each season. The club has implemented several fan-decided initiatives, showing real-world application of the voting mechanism.
Token Distribution and Governance
The initial token distribution was conducted through a Fan Token Offering (FTO) on the Socios.com platform. The total supply is fixed at 40 million tokens. A significant portion is controlled by the club and Socios.com for future fan engagement initiatives, with clear allocation transparency.
Development and Marketing
The platform shows consistent development activity with regular updates to the voting and reward systems. Marketing efforts are primarily focused on fan engagement rather than token price speculation, aligning with the project's stated purposes.
Revenue Model
The revenue model is based on token utility for fan engagement rather than lending or interest-bearing mechanisms. Income is generated through initial token sales and subsequent trading fees on the Socios.com platform.
Crypto Impact
To assign a comfort level investing in FC Barcelona 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 FC Barcelona 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.