Juventus Fan Token
Crypto Overview
Overview
Juventus Fan Token (JUV) is a fan engagement token created through a partnership between Juventus Football Club and Socios.com, launched in 2019. The token operates on the Chiliz blockchain infrastructure.
Intended Utility
The primary purpose of JUV is to provide Juventus fans with voting rights and exclusive access to club-related decisions, rewards, and experiences. Token holders can participate in polls regarding club decisions, access exclusive content, and receive VIP rewards.
Actual Utility Assessment
The token demonstrates genuine utility through regular fan voting events on the Socios platform. Juventus actively uses the platform to engage with token holders through various polls and decisions. Examples include voting on celebration songs, jersey designs, and other club-related matters.
Token Distribution and Governance
The token supply is fixed at 20 million JUV. A significant portion is controlled by the club and Socios.com for distribution through fan engagement activities. The distribution model appears transparent, with clear allocation for fan acquisition and engagement purposes.
Business Model Analysis
The revenue model is based on initial token sales and ongoing fan engagement activities. The business model is straightforward and transparent, focusing on monetizing fan engagement through blockchain technology. There is no evidence of lending, interest-bearing mechanisms, or involvement in prohibited activities.
Development and Ecosystem
The platform shows consistent development and maintenance through the Socios.com infrastructure. Regular updates and new features are implemented, particularly around voting mechanisms and reward systems.
Crypto Impact
To assign a comfort level investing in Juventus 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 Juventus 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.