Manchester City Fan Token
Current price
$0.3320
−3.21%24h
LiveUpdated 31s ago
TodayManchester City Fan Token falls 3.2%, in line with the market.
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| Time | Price |
|---|
Change by period
- 1 hour0.00%
- 24 hours−3.21%
- 7 days−5.68%
- 30 days−4.49%
- 1 year−57.97%
Manchester City Fan Token's move in context
Moving with the market
−3.21% today, close to the whole market (−3.27%). Nothing specific to Manchester City Fan Token stands out in the price.
Part of a slide
−5.7% over 7 days and −4.5% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Manchester City Fan Token
Overview
The Manchester City Fan Token (CITY) is a cryptocurrency designed to enhance fan engagement and interaction within the Manchester City Football Club (MCFC) community. Key to its purpose, CITY tokens empower fans to actively participate in club decisions through voting mechanisms, enabling them to influence various aspects of the club's activities, such as selecting matchday experiences, merchandise designs, and other initiatives. The core mission of the token is to bridge the gap between the club and its global fanbase, fostering a sense of belonging and community. Distinguishing features of the CITY token include its integration with Socios.com, a platform that connects sports and entertainment franchises with their supporters through blockchain technology, and its gamified engagement initiatives that allow fans to earn rewards for participation.
Technical Features
The Manchester City Fan Token operates on the Ethereum blockchain, leveraging its robust and secure infrastructure. The token utilizes the ERC-20 standard, ensuring compatibility with a wide range of wallets and exchanges. Its consensus mechanism relies on Ethereum's Proof-of-Stake, which enhances security while incentivizing network participation through staking. The CITY token employs advanced cryptographic algorithms to secure transactions and protect user data. In addition, its network architecture facilitates seamless interaction between the token and the Socios.com platform, where fans can participate in polls and other community-driven initiatives. A unique feature of CITY is its interoperability with other fan tokens, allowing users to engage with diverse sports teams and franchises on the same platform.
Use Cases
The Manchester City Fan Token serves multiple use cases within the broader cryptocurrency ecosystem. Primarily, it acts as a governance tool, granting holders the power to vote on key club decisions and initiatives. This enhances the fan experience, making supporters feel more directly involved in the club's operations. Additionally, CITY tokens can be used in various gamified environments offering exclusive rewards, including VIP experiences and merchandise discounts. The integration with NFTs also allows fans to collect unique digital assets related to their favorite players and moments. While CITY is not focused on decentralized finance (DeFi) or cross-border payments directly, its role as a utility token emphasizes community engagement and loyalty, differentiating it from traditional cryptocurrencies.
Development Background
The CITY token was launched in March 2021 as a collaboration between Manchester City FC and Socios.com, a leading blockchain-based platform for fan engagement. The development of the token was spearheaded by the club's digital and innovation teams alongside Socios, which specializes in integrating sports franchises with blockchain technology. Since its inception, CITY has experienced several milestones, including successful initial token offerings and increasing adoption among fans worldwide. Notable events include the launch of voting initiatives and exclusive fan experiences, driving engagement and building a community around the token.
Community and Ecosystem
The Manchester City Fan Token is supported by a growing ecosystem that includes active development teams, fan communities, and partnerships with various digital platforms. The Socios.com environment fosters interaction between fans and clubs, promoting a vibrant community that encourages fan participation. Furthermore, the token has established collaborations with influencers and brands to enhance its visibility and community engagement. Many applications are emerging, focusing on enhancing the fan experience in sports through gamification, digital collectibles, and interactive features, making CITY an integral part of this innovative ecosystem.
Future Potential
The future potential of the Manchester City Fan Token looks promising, driven by its unique positioning within the sports and entertainment landscape. As blockchain technology continues to evolve, the integration of fan engagement platforms is expected to grow, providing more opportunities for CITY token holders. Upcoming developments may include enhanced features on the Socios.com platform, broader adoption of CITY tokens within the Manchester City FC ecosystem, and collaborations with other clubs to establish a wider network of fan tokens. These advancements aim to solidify CITY’s role as a pivotal asset in the sports industry, revolutionizing how fans interact with their favorite teams.
Manchester City Fan Token market
- Position by market cap among the coins we track.
- #385
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $4.75M
- 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 $0.3210High $0.3450
- 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.
- $36.19
- Now 1% of itReached 27 Aug 2021 · Needs +10,801% 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.
- 14.32M CITY
- 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.
- 19.74M CITY
- 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.
- 19.74M CITY
- The most coins that can ever exist. Some coins have no limit.
Manchester City Fan Token converter
1 Manchester City Fan Token = $0.3320
