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What Is the Arsenal Fan Token (AFC)?

By | December 24, 2021

Arsenal Fan Token (AFC) is a utility token launched by Arsenal Football Club also known as the “Gunners” to its fans globally, allowing them to influence club decisions taken at headquarters in London and communicate with the club in ways that were not possible before.

Arsenal fans, also known as the “Gooners,” have influenced many cool club-related decisions since the club’s inception, including the game-winning song, the official bus design, the jersey design, selecting an inspirational message for the captain’s armband and dressing room, and even selecting 11 players for an official friendly match.

How Does the Arsenal Fan Token (AFC) Work?

AFC Fan tokens share many similarities with other cryptocurrencies. The only official Arsenal Fan Token, $AFC, was established in partnership with Chiliz, the world’s leading blockchain-based fan interaction platform for sports and entertainment.

It is hosted on Socios.com’s app. It is also a blockchain-based fan engagement platform that allows users to swap $AFC tokens for $CHZ, their in-app (native) currency.

Every football season, the AFC Fan Token will enable club supporters with access to interactive polls, as well as club-related information, quizzes, tournaments, and activities.

The AFC Fan Token can be purchased and traded on major cryptocurrency exchanges like Coinbase and Binance.

You will receive specific voting rights on official club decisions, as well as the ability to gain real-life and digital club-related advantages and experiences. This is possible using the Socios.com app.

How Can You Buy AFC Token?

You can acquire AFC Fan Tokens by first creating a Socios account and then purchasing Chiliz ($CHZ) with your debit or credit card through the app.

After that, you may swap your $CHZ for your $AFC fan token. The price of one AFC fan token changes depending on availability and demand, but the entire price, including any relevant service fees, is always displayed on the app prior to purchase.

You can find the trading pairs and exchanges $AFC is listed on by clicking on the Arsenal fan token markets tab page on CoinMarketCap.

Arsenal Fan Token (AFC) Tokenomics

The tokenomics of AFC is as follows: total token supply of 40,000,000, of which approximately 2,003,867 AFC is the circulating supply among the club supporters. AFC has the remaining tokens, which can be obtained by participating in community events via the Binance Launchpool, or by purchasing directly on exchanges.

Arsenal Fan Token (AFC) Price

Arsenal Fan Token ($AFC) is now trading at $3.43, as of Dec. 13, 2021. Its 24-hour trading volume on exchanges is around $665,008.

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

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