FC Porto
Current price
$0.4420
−3.49%24h
LiveUpdated 23s ago
TodayFC Porto falls 3.5%, in line with the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour−1.56%
- 24 hours−3.49%
- 7 days−2.43%
- 30 days−1.29%
- 1 year−57.28%
FC Porto's move in context
Moving with the market
−3.49% today, close to the whole market (−3.27%). Nothing specific to FC Porto stands out in the price.
Part of a slide
−2.4% over 7 days and −1.3% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About FC Porto
Overview
FC Porto is a cryptocurrency specifically designed to serve the fanbase of the esteemed Portuguese football club, Futebol Clube do Porto. Its primary purpose is to foster a closer relationship between the club and its supporters by enabling various blockchain-related features that enhance fan engagement, loyalty, and participation. The core mission of FC Porto is to create a secure, decentralized platform that empowers fans to influence club decisions, access exclusive content, and earn rewards through their engagement. Distinguishing features of FC Porto include its integration with fan voting systems, ticketing solutions, and merchandise purchases, all while ensuring transparency and traceability via its underlying blockchain technology.
Technical Features
FC Porto utilizes a unique consensus mechanism called Proof of Loyalty, which incentivizes long-term engagement among fans and community members. This mechanism not only secures the network but also rewards users based on their participation in club-related activities. The security model relies on advanced cryptographic techniques to safeguard transactions and user data. The network architecture is designed in a way that ensures scalability and efficiency, allowing for rapid transaction processing even during high-demand scenarios such as match days. Additionally, FC Porto employs a proprietary algorithm to facilitate the seamless transfer of assets, integrating smart contract functionalities that allow for innovative applications within the club’s ecosystem.
Use Cases
FC Porto's cryptocurrency serves several primary use cases. It plays a significant role in decentralized finance (DeFi) by offering fans the opportunity to stake tokens in exchange for rewards, thus promoting financial engagement. Governance is another important aspect, as token holders can vote on various club initiatives, such as merchandise designs or community outreach programs. The cryptocurrency is also utilized for non-fungible tokens (NFTs), allowing fans to purchase and trade unique digital collectibles of their favorite players or memorable moments. Furthermore, it facilitates cross-border payments for merchandise and ticket sales, ensuring that fans from around the world have easy access to club-related services.
Development Background
The development of FC Porto cryptocurrency began in 2021, spearheaded by a collaborative effort between the club’s management and a team of blockchain experts. The initiative aimed to create a unique digital asset that could connect and reward fans on a global scale. Significant contributors include technology firms specializing in blockchain solutions and developers with a deep understanding of sports enticements. Since its inception, the project has experienced several milestones, including successful token sales and partnerships with other blockchain networks to expand its reach and functionality.
Community and Ecosystem
The FC Porto cryptocurrency has cultivated a vibrant community, consisting of passionate fans, blockchain enthusiasts, and developers who collaborate on new projects and features. Various partnerships with brands and organizations bolster its ecosystem, enabling innovative applications tailored to enhance fan experiences. Community-driven initiatives also play a crucial role in the platform's growth, with forums and social media channels where fans can voice opinions, suggest improvements, and stay updated on developments. The cryptocurrency supports several applications, including a dedicated wallet for secure transactions, an NFT marketplace, and platforms for fan engagement and voting.
Future Potential
The future potential of FC Porto cryptocurrency is promising, driven by its innovative technology and a robust roadmap that outlines upcoming features and developments. Plans include expanding the use of NFTs to encompass limited-edition content, exploring international partnerships to widen adoption, and enhancing the governance framework to give fans more influence over club decisions. As the club continues to embrace digital transformation, its cryptocurrency stands to significantly impact its global fanbase, reinforcing loyalty and community engagement while setting the standard for other sports organizations considering similar initiatives.
FC Porto market
- Position by market cap among the coins we track.
- #357
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $10.9M
- 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 $0.4410High $0.4870
- 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.
- $3.45
- Now 13% of itReached 4 Apr 2024 · Needs +681% 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.
- 24.67M
- 62% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 40M
- 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.
- 40M
- The most coins that can ever exist. Some coins have no limit.
FC Porto converter
1 FC Porto = $0.4420