Post
Topic
Board Gambling discussion
Re: Football Fan tokens and gambling
by
alegotardo
on 15/11/2021, 00:20:11 UTC
Recently i have seen many football fan tokens like AC Milan Fan Token (ACM) and Manchester City Fan Token (CITY). Also FC Porto Fan Token (PORTO) will list soon on binance.

Do these tokens have any use cases or they are just made to collect money from their fans ? Would they be used in gambling ?

I'm pretty sure that the main purpose of these tokens is marketing, many clubs are wanting to "surf the wave" of cryptocurrencies somehow and release their cryptocurrencies just to demonstrate some relevance in this niche.

Second, it could be for cash as well, and soon we should see these tokens being used as a bargaining chip in some club partner casinos as well.