Buy Manchester City Fan Token (CITY)
What is Manchester City Fan Token?
The Manchester City Fan Token (CITY) is a digital asset created by Manchester City Football Club in partnership with Socios.com. It allows fans to participate in voting polls, access exclusive experiences, and receive rewards and benefits from the club. The token is built on the Chiliz blockchain, a platform specifically designed for sports and entertainment tokens.
How does Manchester City Fan Token work?
The CITY token operates on the Chiliz blockchain using a Proof of Authority (PoA) consensus mechanism. This consensus algorithm uses a set of pre-approved validators, making it more energy-efficient and faster than traditional systems. Smart contracts on the Chiliz blockchain manage the token's functions, such as voting, distribution, and reward allocation, ensuring rules and conditions are automatically enforced.
What are the potential use cases for Manchester City Fan Token?
The CITY token has several use cases primarily aimed at fan engagement:
- Voting on Club Decisions: Allows token holders to vote on club matters like kit designs and celebration songs, enhancing fan influence.
- VIP Rewards and Experiences: Grants access to exclusive events, meet-and-greets, and cashback offers on official merchandise.
- Digital Collectibles: Enables the earning and buying of club NFTs, providing unique digital experiences.
- Staking and Rewards: Allows CITY holders to stake tokens for NFT rewards or earn additional CITY tokens.
What is the history of Manchester City Fan Token?
The Manchester City Fan Token was launched in March 2021, created by Manchester City Football Club in collaboration with Socios.com. The founding platform, Socios.com, is renowned for creating fan tokens for various sports teams. Initially, 2 million CITY tokens were distributed to fans, with 18 million more held by the club for community activities. The token has been listed on several exchanges and remains integral to Manchester City's digital fan engagement strategy.
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Frequently Asked Questions (FAQs)
What is the current price of Manchester City Fan Token (CITY)?
The Manchester City Fan Token price is $3.2104 AUD, representing a -1.59% from the day prior.
Where is the best place to buy Manchester City Fan Token (CITY) in Australia?
The best place to buy Manchester City Fan Token (CITY) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Manchester City Fan Token (CITY) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Manchester City Fan Token (CITY)?
The trading volume of Manchester City Fan Token (CITY) is $4.1M AUD in the last 24hrs, representing a -1.59% from the day prior.
How can I buy Manchester City Fan Token (CITY)?
Manchester City Fan Token (CITY) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Manchester City Fan Token (CITY)?
The current market cap of Manchester City Fan Token (CITY) is $25.7M AUD.
Can I convert Manchester City Fan Token (CITY) to cash?
Yes - With Coinstash you can convert your Manchester City Fan Token (CITY) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Manchester City Fan Token (CITY) are there?
The current circulating supply of Manchester City Fan Token (CITY) is 8.1M.
Is Coinstash a safe place to buy Manchester City Fan Token (CITY) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Manchester City Fan Token (CITY) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.