Spain National Fan Token

Halal Rating :
Comfortable
Last Price $0.026 Last updated:
Rank 2211
1D Change -0.22 %
Market Cap $595452.9
Circulating supply 22,903,472
Maximum supply 100,000,000

Crypto Overview

Categories
  • Fan Token
  • Bitcichain Ecosystem

Purpose and Utility

The Spain National Fan Token (SNFT) is a fan engagement token created through the Socios.com platform for the Spanish National Football Team. The token is designed to give fans voting rights on certain team decisions and access to exclusive rewards, experiences, and content related to the Spanish National Team.

Business Model Evaluation

The token operates on a legitimate fan engagement model where token holders receive actual utility through voting rights and exclusive access. The core activities involve genuine exchange of value between the team and fans, with no inherent gambling or interest-based mechanisms.

Real-World Adoption

The token has demonstrated actual usage through fan voting events and reward redemptions. The Spanish Football Federation actively promotes and utilizes the token for fan engagement purposes, indicating legitimate adoption of its intended utility.

Platform Development

The token operates on the Chiliz blockchain infrastructure, which maintains regular technical updates and improvements. The platform shows consistent activity in terms of fan voting events and engagement opportunities.

Token Distribution

The token distribution follows the standard Socios.com model, with a portion reserved for the team and platform operations. While detailed vesting information isn't publicly available, the token follows the established framework of other national team fan tokens on the platform.

Crypto Impact

To assign a comfort level investing in Spain National 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 Spain National 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.