The concept of Fan Token Offerings (FTOs) performed moderately well in 2021 as leading teams launched their tokens. As a result, the Chilliz price rose more than 1,000% in 2021 as more teams embraced the concept. Chilliz is the leading blockchain platform for fan tokens. In this article, we take a look at some of the top fan tokens for 2022.
What are fan tokens?
A fan token is a blockchain platform that teams use to increase their engagement with fans. The holders of the tokens can participate in a number of ways. For example, they can vote on some important questions about their teams.
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You are also entitled to discounts on purchases of team merchandise. According to FanMarketCap, there are roughly 58 fan tokens that have a total market capitalization of more than $ 406 million.
Paris Saint Germain
Paris Saint-Germain (PSG) is one of the most famous sports clubs in Europe. The team has some of the best players in the world like Lionel Messi, Neymar Jr. and Kylian Mbappe in their ranks. The club has become a regular winner of the French football league.
The price of the PSG token is down more than 75% from its previous high. It has a total market cap of more than $ 46M, according to Fan Market Cap, making it the largest fan token in the world.
While PSG price has declined, it has a good chance of recovering in 2022 if the fan token offering industry recovers.
Barcelona
Barcelona (BAR) is a popular soccer team that has won some of the best leagues in the world such as the European Champions League and La Liga. The squad is valued at approximately $ 1.49 billion and consists of some of the world’s most famous players such as Luuk de Jong, Memphis Depay and Ousmane Dembele.
Barcelona launched its Fan Token Offering in 2021 and is currently one of the most popular. While its price crashed in 2021, the chances are it will bounce back if the industry rebounds.
Inter Milan
Inter Milan (INTER) launched its fan token in 2021. The INTER token gives holders a say in some of the most important decisions the team makes. For example, they can vote on the Player of the Year and receive special offers.
The price of the Inter Milan token has fallen sharply since its inception. He has a market capitalization of more than $ 21 million. As with the other three, there is a chance he could recover in 2022.
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