In Brief:
- Santos will launch Santos FC Fan Tokens in collaboration with Binance.
- The Fan Tokens will be released via the Binance Launchpool.
- SANTOS holders will earn special privileges and new interactive ways to engage with Santosh FC.
Santos FC, one of the Brazilian top-tier football clubs, partnered with Binance, a leading cryptocurrency exchange to introduce SANTOS fan Token. Santos will also offer a brand new fan experience designed specifically for football enthusiasts and supporters.
Binance will launch Santos FC Fan Tokens via the Binance Launchpool. With efficient distribution measures in place, everyone will be able to get their fair share of tokens.
Token collectors can enjoy many benefits such as earning special privileges, exploring new interactive ways of engaging with Santos FC on the Binance Fan Token platform and can express their support.
According to Binance Blog, Santos FC Fan Tokens are defined as – “Santos FC Fan Tokens provide token holders with unique fan privileges and awards for showing support towards team affairs and activities. For instance, fans will be able to enjoy exclusive NFT collectibles, poll voting rights on key team decisions reserved for fans, and special Fan Badges and rewards based on their engagement.”
To farm SANTOS, individuals need to commit BNB and/or BUSD to corresponding pools via Launchpool. The farming period lasts for 30 days. The number of SANTOS tokens allocated on a daily basis will be proportional to the total number of tokens staked. There is no maximum limit per user. To participate, users must have a KYC-certified Binance account along with a minimum balance of 0.1 BNB.
To participate in the BUSD pool with minimal risk, users can purchase BUSD through debit/credit card, bank transfer, P2P, and other fiat gateways.
To lower the entry barriers to Binance Fan Tokens and to make associated activities accessible to everyone, fans and new users can use a fraction of a token to participate in fan engagement events. They can also enjoy the benefits of this new community and interact with top-tier clubs.
Fan Tokens are something that has been trending for quite some time. One of the greatest soccer players, Lionel Messi in August, has started accepting payment as crypto fan Tokens.
That’s not all, In June, Socios.com also launched UFC Fan Token. Fan Tokens can become the perfect tool for incredible engagement, influence for sports fans all over the world. Another benefit is the reward opportunities that come with it.
