Quote from: noormcs5 on November 14, 2021, 10:32:36 AM

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 ?

There's also LAZIO. Come to think of it, most of these fan tokens are even launched on the Binance launchpad. It surely means they've certain usefulness for Binance to have agreed on a deal to list them, even though I don't seem to understand their usefulness beyond the ordinary. I see them as mere memetokens without any usefulness beyond their communities. I may be wrong on that, though. With the great ROI most of them have recorded, I'm certain more clubs will want to join in the frenzy. I watched that of Lazio closely. It was sold at $1 for one Lazio token at launch only for it to skyrocket to $26 within a few hours after it got listed. That's some crazy ROI.