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With the 2022 Qatar World Cup approaching, fan tokens, which is the latest trend, are bound to receive a major boost. It is reported that CoinW, the world’s leading cryptocurrency trading platform, will launch a “World Cup Trading” activity and a series of special activities for World Cup fans tokens, to welcome everyone to the World Cup.
On August 12, CoinW will launch three fan tokens, which are PSG of Paris Saint-Germain, BAR of Barcelona and LAZIO of Lazio. CoinW will launch the fan tokens of three top European soccer clubs, providing users with sufficient preparation for the World Cup concept token market in advance.
Launched in January 2020, the Paris Saint-Germain Fan Token (PSG) is a functional token which represents a tokenized share that influences the club’s decisions, as well as various rights, rewards and benefits for its holders, which includes Mbappe and other superstars. The expectation and the attention during the World Cup will be tremendous, this provides a huge avenue of popular use cases for the tokens. Secondly, the current market capitalization of PSG in circulation ranks first among fan tokens, but it is only more than $20 million, and a rise in coin price will increase the valuation of the entire sector.
BAR tokens are digital tokens offered by FC Barcelona through a partnership with blockchain company Chiliz and went on sale on June 22, 2020. Fans holding these tokens can use them to purchase merchandise and tickets for the football club. In addition, the tokens can be used to participate in polls and even vote on the soccer club’s decisions. This further brings fans closer to the club. Now coinciding with the World Cup, the team is expected to continue empowering in terms of its fan tokens, which is worth watching.
LAZIO is the fan token of one of Italy’s most successful soccer clubs, Lazio, a team with over 1.5 million supporters and a digital fan base of over 2.5 million on social networks.LAZIO tokens are released on October 21, 2021 and their holders enjoy a number of unique fan benefits such as the right to own a limited NFT collection, voting rights to participate in the team, games and unique experiences.
As we all know, the projects that can be launched on CoinW are strictly selected by CoinW Institute, bringing users very high investment returns, such as RACA with a maximum increase of 300 times, FIGHT with a maximum increase of 161 times, NFTB with a maximum increase of 35 times, and HERO with a maximum increase of 14 times.
The fan token projects launched this time are all in the early stage, with relatively small market capitalization and huge future potential; secondly, soccer is known as the world’s number one sport, with over 3.5 billion fans worldwide and a strong consensus. Finally, the cryptocurrency market is currently in a bear market and investors have nowhere to put their cash flow, so fan tokens are undoubtedly a good choice.
Along with the launch of 3 soccer projects and the opening of PSG/USDT, BAR/USDT and LAZIO/USDT trading pairs, CoinW launched the “Participate in PSG/USDT & BAR/USDT& LAZIO/USDT Trading Competition”, in which users can freely choose teams (you can choose more than one) and contribute trading volume to the team you support, to share the $6,000 token reward. For more details, please visit the official website of CoinW(www.coinw.com).
In 2022, the cooperation between crypto assets + soccer is getting closer based on the Qatar World Cup. As the world’s most popular sport, soccer will definitely be popular amongst more more crypto companies. CoinW has strengthened its participation in the field of soccer by debuting in La Liga matches at the beginning of the year, becoming the official partner of 2022 East Asian Cup in July, and now launching the “World Cup Trading”. CoinW will serve as a bridge between the sport and crypto markets, providing a platform for hundreds of millions of fans to learn about crypto assets.
