AC Milan Fan Token
Current price
$0.2670
−3.26%24h
LiveUpdated 29s ago
TodayAC Milan Fan Token falls 3.3%, in line with the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.37%
- 24 hours−3.26%
- 7 days−5.32%
- 30 days+0.87%
- 1 year−62.61%
AC Milan Fan Token's move in context
Moving with the market
−3.26% today, close to the whole market (−3.27%). Nothing specific to AC Milan Fan Token stands out in the price.
Trend has turned
−5.3% over 7 days and +0.9% over 30 days: the last week went against the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About AC Milan Fan Token
Overview
The AC Milan Fan Token (ACM) represents an innovative collaboration between the renowned football club AC Milan and the blockchain platform Chiliz. The primary purpose of the ACM token is to offer fans a unique opportunity to connect with their favorite football club through blockchain technology. It is built to engage and reward fans by allowing them to participate in exclusive polls, events, and decision-making processes within the club. With a mission to enhance fan experiences and create a new wave of fan engagement, the AC Milan Fan Token enables supporters worldwide to have a voice in certain club-related activities and decisions. Distinguishing features of the ACM token include its utility for fan engagement, enhancement of fan loyalty, and the creation of a borderless community for AC Milan enthusiasts.
Technical Features
The AC Milan Fan Token operates on the Chiliz blockchain, which uses a proof-of-authority (PoA) consensus mechanism. This consensus model prioritizes scalability and speed over decentralization, making it a suitable choice for applications that require fast transaction times, like fan voting and interaction. Security is enhanced through a combination of smart contract audits and network infrastructure managed by a limited number of trusted nodes within the PoA framework. The Chiliz platform also leverages the Ethereum blockchain for certain aspects of its token ecosystem, ensuring a robust and secure environment for transactions and token interactions. Smart contracts play a crucial role in automating functionalities, such as voting and rewards distribution, underlying the efficient operation of the AC Milan Fan Token.
Use Cases
The AC Milan Fan Token serves multiple use cases centered around fan interaction and engagement. Primarily, it functions as a tool for voting on specific club decisions, such as choosing uniform designs or music played during matches at San Siro. Furthermore, the ACM token allows fans access to exclusive content, experiences, and rewards, including meet-and-greet events with players, behind-the-scenes footage, and VIP match tickets. Beyond the direct interactions with the club, ACM tokens can also be traded on various cryptocurrency exchanges, adding a financial dimension to its utility. It integrates with decentralized finance (DeFi) mechanisms, enabling fans to engage with the token in a financial capacity, beyond just its primary engagement uses.
Development Background
The AC Milan Fan Token was developed as part of a broader initiative by the sports and entertainment-focused blockchain platform, Chiliz, which has been instrumental in creating fan tokens for many prominent sports teams globally. Launched in 2021, the token came to fruition through a strategic partnership between AC Milan and the Socios.com platform, powered by Chiliz. Significant contributors to its development include executives and blockchain developers from AC Milan and Chiliz, who worked collaboratively to integrate blockchain technology with fan engagement strategies. The launch of the ACM token was marked by widespread adoption, driven by promotions and the intrinsic value proposition to loyal fans of the club.
Community and Ecosystem
The AC Milan Fan Token exists within the broader ecosystem of Socios.com, an application dedicated to fan engagement through blockchain technology. The community comprises AC Milan supporters, cryptocurrency enthusiasts, and blockchain developers who participate in various projects and initiatives benefiting the club and its fans. The ecosystem is supported by multiple partnerships, including collaborations with exchanges for token liquidity and trading. Socios.com continues to expand its network, integrating more clubs and fan-related applications, further enriching the ACM token's ecosystem. Community-driven applications include forums, voting platforms, and real-time interaction channels, fostering a strong, decentralized fan base globally.
Future Potential
With the continuous growth of blockchain adoption in sports and entertainment, the AC Milan Fan Token holds significant future potential. Its trajectory is buoyed by the increasing demand for digital fan experiences and blockchain-based fan engagement solutions. Upcoming developments on the roadmap include integration with advanced blockchain features, like layered governance mechanisms, increased interactivity components, and deeper integration with smart contracts to automate club-fan interactions. As AC Milan continues to attract global attention, the ACM token is poised to play a pivotal role in setting new standards in how fans interact with their favorite sports teams. The blend of technological advancement and fan engagement ensures a solid foundation for ACM's long-term impact in the sports blockchain ecosystem.
AC Milan Fan Token market
- Position by market cap among the coins we track.
- #389
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $3.86M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.2650High $0.2780
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $23.20
- Now 1% of itReached 24 Feb 2021 · Needs +8,589% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 14.46M ACM
- 73% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 19.92M ACM
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 19.92M ACM
- The most coins that can ever exist. Some coins have no limit.
AC Milan Fan Token converter
1 AC Milan Fan Token = $0.2670
