LOGO_CRYPTO_SIGHT

What Is FC Barcelona Fan Token (BAR)?

By Natalie Wu | December 26, 2021

What Is FC Barcelona Fan Token (BAR)?

FC Barcelona Fan Tokens ($BAR) are digital assets that can be purchased through the Socios.com app, which will reward fans from all over the world for every activity they take on the app. They can climb leaderboards and earn reward points that can be used to purchase exclusive items and once-in-a-lifetime events. $BAR Fan Token holders can also expect a slew of new and exciting services, including chat, fan token trading, games, and community challenges.

The Barça Fan Tokens were created in collaboration with Chiliz, the world’s top blockchain-based fan engagement platform for sports and entertainment. The only official token of Barça, $BAR, was developed with the goal of attracting a larger worldwide audience and allowing fans to engage with their favorite football team around the world.

In June 2020, Barça Fan Tokens were introduced, with each $BAR costing €2 at the time of launch. Within hours of being made available, all 600,000 tokens were picked up for a total of $1.4 million.

Since then, $BAR token holders have influenced plenty of significant and entertaining club choices via polls. Token holders had the opportunity to vote on a variety of interesting things, including the design of a new mural that adorned the team locker room, the matchday playlist, and the message on the captain’s armband. 

In addition, 22 lucky $BAR token holders were chosen to play at Camp Nou for the first time, and the fan token holders also influenced the first fan token exchange of $JUV and $BAR between Juventus and Barça team members.

How to Buy Barcelona Fan Token ($BAR)?

Obtaining tokens from your favorite soccer club is a much easier and faster process than you might think.

Fans must use Chiliz ($CHZ), Socios.com’s digital currency, to purchase Barça Fan Tokens. Fans can purchase $CHZ using the Socios.com app or by transferring funds from a digital wallet. Chiliz.net also has a store where you can buy Fan Tokens. 

You can find the list of $CHZ market pairs and exchanges it trades on in the CoinMarketCap markets tab here.

FC Barcelona Fan Token (BAR) Tokenomics

$BAR has a total token supply of 40,000,000, of which approximately 3,551,675.00 BAR is the circulating supply among the club supporters. BAR has the remaining tokens, which can be obtained by participating in community events via the Binance Launchpool, or by purchasing directly on exchanges.

FC Barcelona Fan Token (BAR) Price

FC Barcelona Fan Token ($BAR) is now trading at $9.48, as of Dec. 12, 2021. 

Its 24-hour trading volume on exchanges is around $2,946,125 USD.

Source: https://coinmarketcap.com/alexandria/article/what-is-fc-barcelona-fan-token-features-tokenomics-and-price-prediction

Tags: , ,

Comments