Leeds United Fan Token

Overview

Leeds United Fan Token (LUFC) is a fan engagement token created in partnership with Socios.com and the Leeds United Football Club. The token is built on the Chiliz blockchain and gives holders voting rights on certain club decisions and access to exclusive rewards, experiences, and features.

Purpose and Utility

The intended purpose of LUFC is to increase fan engagement with the Leeds United Football Club through voting rights and exclusive benefits. Token holders can participate in polls regarding club decisions, access VIP experiences, and receive club-specific rewards.

Business Model Analysis

The token operates on a transparent model where utility is clearly defined through fan engagement features. The business model does not involve any prohibited activities like gambling, interest-based transactions, or adult content. All features are centered around legitimate fan engagement and club participation.

Real-World Adoption

The token is actively used by Leeds United fans for voting on club decisions and accessing rewards. The Socios.com platform facilitates these interactions, providing a legitimate infrastructure for token utility.

Platform Development

The token operates on the established Chiliz blockchain, with Socios.com maintaining the technical infrastructure. Regular updates and new fan engagement opportunities are implemented through the platform.

Token Distribution and Governance

The token distribution follows the standard Socios.com fan token model, with clear allocation between the club, platform, and public sale. There are no concerning patterns in token distribution that would suggest a scheme to enrich founders.