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UCH Price
$0.21697
-1.88%
Market Cap
$252.21K
24H Volume
$209
Circ Supply
1.16M

UCH Market Stats

  • Price $0.21697
  • 1H Change -6.17%
  • 24H Change -1.88%
  • 7 Day Change +12.23%
  • 30 Day Change +4.32%
  • All-Time High $0.50135
  • % From ATH -45.17%
  • ATH Date Apr 26, 2023

Universidad de Chile Fan Token Info

Fan Tokens are generally assets that can represent proof of ownership or even membership. As tokens are already being used for a wide range of purposes, many specialized blockchains have been developed with native intent to support tokens, the most common of which is currently Ethereum and their ERC standard tokens. Socios.com is an app for football (soccer) fans, where users acquire voting rights to influence the clubs they support by acquiring club-specific Fan tokens.

Chiliz ($CHZ) is an ERC20 utility token on the Ethereum blockchain that serves as the digital currency for the chiliZ and Socios.com platform. In launching their platform, alongside other sports blockchain ventures, a new category of token has emerged — the Fan Token. Once onboard the Socios.com platform, yet to-be-announced club partners host what has been called a Fan Token Offering (FTO). Fans must purchase $CHZ via a cryptocurrency exchange in order to acquire Fan Tokens. These tokens — which are specific to a team or club — are a finite, digital asset that provide access to an encrypted ledger of voting and membership rights ownership.

Universidad de Chile Fan Token Technical Info

All images, branding and wording is copyright of Universidad de Chile Fan Token. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap and TradingView.