Quote from: tbct_mt2 on Today at 02:24:39 AM

Quote from: Sujoris on December 20, 2020, 02:49:02 PM

A lot of good things are coming with BTC getting to $24k+ Never have I ever thought in my dreams that football clubs would need and have a coin of their own but the more I think about it now the more it makes sense. In case you do not know what I am talking about take a look at this https://www.binance.com/en/support/articles/7aa2c0949f0244c8a9f51bef80143b0c

Binance Launchpool launching Juventus Fan Token (JUV) and Paris Saint-Germain Fan Tokens (PSG)

What do you guys think about it? I know since Binance's name's attached it doesn't make any sense non to buy these at launch but still, what are your thoughts? Should I buy at launch or wait?

Do you recognize a new technical term for crypto? FTO = Fan Token Offering. After ICO, IEO, now it is FTO. I don't know which blockchain those tokens are operating on and how they will be give away to their fans initially?

I know after those tokens can be traded on Binance at at 2020/12/21 6:00 AM (UTC), people can buy or sell it on Binance but how about free tokens to their fans initially?

Total supply of 2 tokens as Binance reported

Quote

Juventus Fan Token (JUV)
Total Token Supply: 20,000,000 JUV
Launchpool token rewards: 210,084 JUV (1.05% of Total Token Supply)
Current Circulating Supply: 1,315,907 JUV (6.58% of Total Token Supply)
Staking Terms: No upper limit. No KYC required.

Paris Saint-Germain Fan Tokens (PSG)
Total Token Supply: 20,000,000 PSG
Launchpool token rewards: 179,641 PSG (0.90% of Total Token Supply)
Current Circulating Supply: 1,288,396 PSG (6.44% of Total Token Supply)
Staking Terms: No upper limit. No KYC required.

You've pretty much stated the obvious aint it?
I am more interested in finding out how these get distributed to the right people. Imagine getting hold of voting powers for a club you hate. Sports-espionage lol