Tottenham Hotspur Fan Token

Halal Rating :
Comfortable
Last Price $1.1 Last updated:
Rank 1347
1D Change -3.94 %
Market Cap $7.12m
Circulating supply 6,284,369
Maximum supply 40,000,000

Crypto Overview

Categories
  • Sports
  • Fan Token
  • Chiliz Chain Ecosystem

Overview

The Tottenham Hotspur Fan Token (SPURS) is a fan engagement token created through a partnership between Tottenham Hotspur Football Club and Socios.com. The token operates on the Chiliz blockchain infrastructure.

Purpose and Utility

The intended purpose of SPURS is to give fans voting rights and influence in certain club decisions, access to exclusive rewards, games, and experiences. Token holders can participate in polls regarding club matters, earn club-specific rewards, and gain access to exclusive merchandise.

Business Model Evaluation

The business model is based on fan engagement and community participation. The token serves as a membership-like digital asset that provides actual utility through voting rights and access to exclusive content. There are no elements of gambling, interest-bearing mechanisms, or prohibited activities in its core functionalities.

Real-World Adoption

The token has demonstrated actual usage through multiple fan votes and engagement activities. Tottenham Hotspur actively promotes and utilizes the token for fan engagement purposes, with regular polls and exclusive offerings for token holders.

Development Activity

The platform is maintained by Socios.com, which continues to develop and expand its fan token ecosystem. Regular updates and new features are implemented across the Socios platform, benefiting all fan tokens including SPURS.

Token Distribution

The token distribution follows the standard Socios.com model, with a portion reserved for the club and platform, and the remainder made available to fans through Fan Token Offerings (FTOs) and secondary market trading.

Crypto Impact

To assign a comfort level investing in Tottenham Hotspur 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 Tottenham Hotspur 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.