Re: Clubs fan token now in crypto market

Quote from: Lordhermes on June 30, 2020, 01:39:48 PM

I just checked on coins recently added on coinmarketcap yesterday and I noticed something slight different in the cryptocurency ecosystem. I saw a series of European Football Clubs token as a trading asset, all are listed on one crypto exchange www.chiliz.net

Here are all the football club fan tokens
1. Galatasaray Fan Token(GAL)__ https://coinmarketcap.com/currencies/galatasaray-fan-token/markets
2. FC Barcelona Fan Token (BAR) __ https://coinmarketcap.com/currencies/fc-barcelona-fan-token/markets
3. Paris Saint Germain Fan token(PSG) __ https://coinmarketcap.com/currencies/paris-saint-germain-fan-token/markets

I have been able to come up with questions to ask here.

*What are the purpose of chiliz teams listing these clubs token on their exchange.?
*Are those official football Clubs aware of this, if the exchange is practicing impersonation?

Probably this is a new kind of trap in crypto market, I don't understand what is the point of investing in a project related to club and possibly it maybe an imporsonator to get more attention and steal lot of money.

If this was officially launched by the football clubs then it will became hot topic on crypto related forums.