Santos FC Fan Token
Crypto Overview
Overview
Santos FC Fan Token (SANTOS) is a fan token created in partnership between Santos Football Club and Binance. It operates on the BNB Chain and was launched in November 2021. The token is designed to give fans of Santos FC voting rights on certain club decisions and access to exclusive rewards and experiences.
Purpose and Utility
The intended purpose of SANTOS is to enhance fan engagement with the football club through: Voting rights on club decisions (like jersey designs or friendly match locations), Access to exclusive content and merchandise, VIP experiences and meet-and-greets, Fan rewards program participation.
Business Model Analysis
The token operates on a straightforward fan engagement model where token holders receive actual utility through voting rights and access to exclusive content and experiences. The underlying business model involves legitimate exchange of value between the club and its supporters.
Real-World Adoption
The token has demonstrated actual usage in fan voting events and rewards distribution. Santos FC has actively integrated the token into its fan engagement strategy, though specific adoption metrics are not publicly available.
Platform Development
The token operates on the established BNB Chain infrastructure. While not requiring extensive independent development, the platform regularly introduces new utility features and voting opportunities for token holders.
Token Distribution
The token distribution appears reasonably balanced between the club, Binance, and public holders. There are no concerning patterns in founder token holdings or distribution that would suggest a scheme to enrich founders.
Crypto Impact
To assign a comfort level investing in Santos FC 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 Santos FC 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.