$IBFK is today's biggest fan token gainer, it is currently up 33%, trading at 1.12 USD. The highest price it reached today was 1.65 USD.
https://rocketfan.com/asset/IBFK
https://rocketfan.com/asset/IBFK
Rocketfan
Istanbul Basaksehir fan token | Rocketfan
IBFK fan token is a web3 asset of Istanbul Basaksehir, launched by Socios. It is currently placed at rank 38 of 132 on Rocketfan with a market cap of 1,268,568 USD. Its current price is 1.12 USD.
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Even though Stake F1 Team did a major rebrand (from Alfa Romeo F1 Team), Socios seemingly has stayed as a partner. The Socios logo has been displayed on the car during the presentation. π
Data was updated on Rocketfan from Alfa Romeo F1 Team to Stake F1 Team on Rocketfan.
https://rocketfan.com/brand/STK
Data was updated on Rocketfan from Alfa Romeo F1 Team to Stake F1 Team on Rocketfan.
https://rocketfan.com/brand/STK
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The price of $TRA has increased by 73% today, it is currently trading at 1.52 USD, after opening the day at 0.88 USD.
https://rocketfan.com/asset/TRA
https://rocketfan.com/asset/TRA
Rocketfan
Trabzonspor Fan Token | Rocketfan
TRA fan token is a web3 asset of Trabzonspor, launched by Socios. It is currently placed at rank 21 of 136 on Rocketfan with a market cap of 4,940,676 USD. Its current price is 1.04 USD.
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Looks like Diego Maradona NFTs are coming to the Sandbox! π¦π·
https://twitter.com/cryptocomnft/status/1759958606273781825
https://twitter.com/cryptocomnft/status/1759958606273781825
X (formerly Twitter)
Crypto.com NFT (@cryptocomnft) on X
π Get ready for an unforgettable journey into the world of football history! π
We're thrilled to announce an exclusive NFT collection with a football legend who needs no introduction.
D10S - The Maradona Collection by @hermitcrabgame
We're thrilled to announce an exclusive NFT collection with a football legend who needs no introduction.
D10S - The Maradona Collection by @hermitcrabgame
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Both Immortals and Club America were removed from Rocketfan. A fan token was never launched, but was announced by Socios 1+ year ago. Both sports brands don't appear as partners on the Socios' official website anymore, so I don't think a fan token is happening anytime soon.
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Fan token in- and outflows of exchanges today: Most noticeable move is that $TRA is flowing from all other exchanges to Paribu.
https://rocketfan.com/flows
https://rocketfan.com/flows
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Fan token clash in the Champions League tonight. Who will be the winner?
$PORTO - $AFC
$NAP - $BAR
$PORTO - $AFC
$NAP - $BAR
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π¨ New feature on Rocketfan: You can now see for each asset, whether the sports brand is still actively supporting it. This is symbolized through a checkmark on the overview pages, you can then find more information in the "brand collaboration status" field on each asset page.
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Mercado Bitcoin will swap their listed fan tokens to $CHZ Chain next week. There are currently fan tokens worth 2.6 million USD on the exchange.
https://twitter.com/MercadoBitcoin/status/1760328485061439542
https://twitter.com/MercadoBitcoin/status/1760328485061439542
X (formerly Twitter)
Mercado Bitcoin (@MercadoBitcoin) on X
πGostarΓamos de informar que vamos migrar todos os Fan Tokens para a nova rede Chiliz: a Chiliz Chain. Veja como vai funcionar e o que isso muda para vocΓͺπ
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Europa League action tonight. Which teams will advance?
Rennes - $ACM
Toulouse - $BENFICA
$ASR - Feyenoord
Sporting - $YBO
Prague - $GAL
Rennes - $ACM
Toulouse - $BENFICA
$ASR - Feyenoord
Sporting - $YBO
Prague - $GAL
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My take on the new $CHZ tokenomics:
With the update, CHZ will be much more appealing to crypto people/funds/organizations and not just to retail traders. There was hardly any interest in CHZ from a DeFi/crypto audience so far and that might change with the new update. It will now generate an attractive APY, that can be used to create passive income.
Furthermore, the inflationary part is necessary to establish it as a layer 1 token. If the CHZ supply would be capped and it would be deflationary, everybody would just hold onto their tokens forever in hope that the price goes up. Deflationary tokens are a great store of value, but not a great solution for layer 1 tokens. As a layer 1, you need a vibrant token that runs your whole ecosystem. People need to spend their CHZ for gas fees, as liquidity provision, to participate in launches and so on, they can't just hold onto it forever or this ecosystem will be standing still.
I think before the whole transition to a layer 1 and the tokenomics upgrade, CHZ was a utility token for an app, something its founders envisioned in 2017/18 and it stayed that way for a long time. However, crypto has moved on: DeFi was not just a trend, it has stayed and has transformed crypto. There is a much higher potential usage of a layer-1 token with tokenomics appealing to DeFi traders and DeFi applications, whereas the usage of a utility token in an app is limited. I think it is a great step forward. πΆοΈ
With the update, CHZ will be much more appealing to crypto people/funds/organizations and not just to retail traders. There was hardly any interest in CHZ from a DeFi/crypto audience so far and that might change with the new update. It will now generate an attractive APY, that can be used to create passive income.
Furthermore, the inflationary part is necessary to establish it as a layer 1 token. If the CHZ supply would be capped and it would be deflationary, everybody would just hold onto their tokens forever in hope that the price goes up. Deflationary tokens are a great store of value, but not a great solution for layer 1 tokens. As a layer 1, you need a vibrant token that runs your whole ecosystem. People need to spend their CHZ for gas fees, as liquidity provision, to participate in launches and so on, they can't just hold onto it forever or this ecosystem will be standing still.
I think before the whole transition to a layer 1 and the tokenomics upgrade, CHZ was a utility token for an app, something its founders envisioned in 2017/18 and it stayed that way for a long time. However, crypto has moved on: DeFi was not just a trend, it has stayed and has transformed crypto. There is a much higher potential usage of a layer-1 token with tokenomics appealing to DeFi traders and DeFi applications, whereas the usage of a utility token in an app is limited. I think it is a great step forward. πΆοΈ
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Bitget has swapped its fan tokens to Chiliz Chain today. Progress tracker:
Completed:
β Binance
β ChilizX
β Paribu
β Upbit
β Gate
β MEXC
β HTX
β Bitget
Partially completed:
βοΈ OKX (just Spurs)
βοΈ Mercado Bitcoin
Not started:
β BtcTurk
β Bybit
β Bitso
Completed:
β Binance
β ChilizX
β Paribu
β Upbit
β Gate
β MEXC
β HTX
β Bitget
Partially completed:
βοΈ OKX (just Spurs)
βοΈ Mercado Bitcoin
Not started:
β BtcTurk
β Bybit
β Bitso
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Chiliz Legacy Chain was removed for 46 $CHZ fan tokens on Rocketfan, their supply is now purely calculated from Chiliz Chain data. 35 fan tokens remain with data from both chains, as they are not entirely swapped at the moment.
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