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Information about "FC Porto Fan Token"
What Is the FC Porto Fan Token (PORTO)?
The FC Porto Fan Token (PORTO) is a digital asset on the BEP-20 network. As a utility token affiliated with Binance, PORTO is crafted to engage and reward supporters of FC Porto, a prominent football club in the Portuguese Premier League.
Established in 1893, FC Porto is the second wealthiest football club in Portugal with a massive fan following. The PORTO token was introduced on November 6, 2021. Fans who hold this token can participate in the club's activities by voting on various decisions and accessing unique discounts and rewards. Additionally, the PORTO token provides the opportunity to collect exclusive non-fungible tokens (NFTs) and earn fan badges through active participation.
Established in 1893, FC Porto is the second wealthiest football club in Portugal with a massive fan following. The PORTO token was introduced on November 6, 2021. Fans who hold this token can participate in the club's activities by voting on various decisions and accessing unique discounts and rewards. Additionally, the PORTO token provides the opportunity to collect exclusive non-fungible tokens (NFTs) and earn fan badges through active participation.
Who Are the Creators of the FC Porto Fan Token?
PORTO was introduced through the Binance Launchpad, a platform for initiating new tokens. This token emerged from a long-term agreement between Binance, the largest cryptocurrency exchange globally, and FC Porto.
Binance's collaborations with multiple football clubs have already resulted in the creation of various other fan tokens, like the Lazio Fan Token. These tokens enable clubs to connect with supporters using blockchain technology, offering them exclusive benefits. Football teams that join Binance's fan token program receive bonuses for bringing in fans and enjoy the prestige of having a token representing their club.
Tiago Gouveia oversees the project as managing director. He brings a wealth of experience from the sports marketing industry.
Binance's collaborations with multiple football clubs have already resulted in the creation of various other fan tokens, like the Lazio Fan Token. These tokens enable clubs to connect with supporters using blockchain technology, offering them exclusive benefits. Football teams that join Binance's fan token program receive bonuses for bringing in fans and enjoy the prestige of having a token representing their club.
Tiago Gouveia oversees the project as managing director. He brings a wealth of experience from the sports marketing industry.
How Many FC Porto Fan Tokens (PORTO) Exist?
The total number of PORTO tokens is approximately 40,000,000. During the initial Binance launchpad sale, about 4,000,000 tokens were sold at a price of $1 each, collecting $4,000,000 in total.
After this initial sale, over 19.50% of the total supply, which is 7,800,000 PORTO tokens, was in circulation. 20% of the tokens are reserved for loyalty subscriptions, allowing fans to access special offers.
15% of the tokens are set aside for the team, while another 20% is allocated to developers. The remaining 35% is available for users.
After this initial sale, over 19.50% of the total supply, which is 7,800,000 PORTO tokens, was in circulation. 20% of the tokens are reserved for loyalty subscriptions, allowing fans to access special offers.
15% of the tokens are set aside for the team, while another 20% is allocated to developers. The remaining 35% is available for users.
How Is the FC Porto Fan Token Network Protected?
The FC Porto Fan Token (PORTO) is a BEP-20 token operating on the Binance Smart Chain, which employs the proof-of-stake authority (PoSA) consensus mechanism. This system involves 21 elected validators to ensure that no single validator gains excessive control over the network.
When Did FC Porto Fan Token Start Trading?
Trading for the FC Porto Fan Token commenced on November 6, 2021, at 12:00 AM UTC. The process involved four main stages. The first was the preparation phase, lasting until November 16, 00:00 AM UTC, during which the average Binance Coin (BNB) balance was calculated to determine how much BNB each user could commit.
The subscription phase began on November 16, at 6:00 AM UTC and ended at 9:00 AM UTC, during which users could commit their BNB tokens and sign the agreement. This was followed by the calculation period from November 16, 9:00 AM UTC to November 16, 10:00 AM UTC, where they determined the token allocation.
The final stage, starting at November 16, 10:00 AM UTC, involved distributing the tokens to users who had committed their BNB tokens.
The subscription phase began on November 16, at 6:00 AM UTC and ended at 9:00 AM UTC, during which users could commit their BNB tokens and sign the agreement. This was followed by the calculation period from November 16, 9:00 AM UTC to November 16, 10:00 AM UTC, where they determined the token allocation.
The final stage, starting at November 16, 10:00 AM UTC, involved distributing the tokens to users who had committed their BNB tokens.
Is It Possible for PORTO to Reach $1?
The initial value of the PORTO token was set at $1 during the pre-sale launch. After November 16, the token peaked at an all-time high of $14.65, and its current value stands at $3.54.
Where Can You Purchase the FC Porto Fan Token (PORTO)?
The PORTO token can be purchased on several platforms, including Binance, Mandala Exchange, BKEX, PancakeSwap (v2), and Binance TR.
"FC Porto Fan Token" price data