Direct from the desk of Dane Williams.
A list of the best football fan tokens on the Chilliz (CHZ) Exchange and my advice on whether you should get involved.
If you're new to the world of football fan tokens on Chilliz (CHZ), I’ve got you covered.
I know the branding is slightly confusing because all of the football fan coins housed on the Chilliz blockchain and priced in CHZ, are also promoted via the same company’s Socios branded app.
But if you’re keen on going down the rabbit hole, you’ll figure it out.
So in today’s blog post, I'll be taking a closer look at the top football fan tokens (by market cap) on Chilliz that you should be keeping an eye on.
Then sharing my final verdict on whether they're worth buying.
This list features a nice mix of fan tokens from football clubs in a range of top flight leagues across both Europe and South America.
All accessible to trade instantly on the Chilliz Exchange right here:
The 10 biggest football fan tokens
Let’s start by taking a look at the top 10 football fan tokens by market cap.
By ranking the tokens in this way, we can get a better understanding of which ones are the most popular and widely adopted by fans.
- FC Barcelona Fan Token (BAR) - $40,891,963
- Manchester City Fan Token (CITY) - $33,327,874
- Santos FC Fan Token (SANTOS) - $27,803,879
- Paris Saint-Germain Fan Token (PSG) - $27,225,533
- Lazio Fan Token (LAZIO) - $25,196,387
- Arsenal Fan Token (AFC) - $23,203,718
- Galatasaray Fan Token (GAL) - $19,096,780
- Juventus Fan Token (JUV) - $17,067,909
- AC Milan Fan Token (ACM) - $15,316,137
- Inter Milan Fan Token (INTER) - $11,938,771
While these fan tokens may have significant market caps, it's important to note that they do not provide any actual ownership of the clubs.
Their valuations have no link to on-pitch results or financial performance in the boardroom.
In essence, these fan tokens are purely speculative investments and their values simply fluctuate based on whatever the market wants to do on that particular day.
So what does this all really mean?
Should you buy any of these football fan tokens on Chilliz
Being totally honest with you, the answer is no.
If you have any connection to these major clubs, you've probably heard the promise of football fan tokens potentially revolutionising the way you will be able to engage with your club.
However, the truth about fan tokens is that this is all bullshit.
In reality, football fan tokens on Chilliz, such as those on this list, all run on a single centralised blockchain and lack proper token distribution.
This renders them almost pointless in terms of what they offer, beyond what an email list or a simple database could achieve far more efficiently.
Despite the hype surrounding fan tokens, the reality is that they do not offer much else other the opportunity for clubs to cash in on crypto hype.
Often at the expense of their foreign fans.
So, while the idea of owning a stack of football fan tokens for the club you support may sound appealing, the reality is that they offer no actual value.
Ultimately, they are little more than a marketing gimmick that allows clubs to gauge a new generation of tech savvy fans, out of their hard earned.
My ultimate advice is to avoid like the plague.
Best of probabilities to you.