Huge token sale for FC Barcelona on its first day

• FC Barcelona just launched its fan token which has seen a trading volume on its first day that almost doubled the $1.3 million raised. 
• As of this morning, the fan token for the football club generated almost $2.5 million in trading activity.

FC Barcelona is one of the biggest football clubs in the world and has recently just launched its fan token which has seen a trading volume on its first day that almost doubled the $1.3 million raised in the token sale later this week. As of earlier this morning, the fan token for the football club generated almost $2.5 million in trading activity and this run to the asset as the second most treated market on the Chiliz trading platform behind BTC/USDT. 

The token sold out in less than two hours on the 22nd of June with the 600,000 BAR tokens issued through the Chiliz’s ETH based Socios tokenisation platform at a price fix of $2.25.

The platform highlighted that $777,000 worth of the token we sold in just two minutes during the sale concluding that demand for the token exceeded its initial supply limit by more than five times. On top of this, the tokens were sold to investors based in countries all over the world. Specifically, people from over 105 different countries globally got involved in the token sale.

These tokens will allow fans of Barcelona football club to vote in polls concerning the club and offer token holders the chance to receive awards including VIP Guest seating at different matches as well as opportunities to meet the players of the team. Furthermore, as a token holder, you will be able to vote on fan artwork that will be installed in the dressing room at Barcelona.

It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!