Highest Paying Turkish Fan Token Announced

Starting under the leadership of Socios all over the world fan token (fan token) craze entered our country before long. Tokens, which enable fans to support their favorite teams and have various special opportunities, have also taken a place in our lives with other exchanges such as Bitci, Icrypex and Paribu as well as Socios.

The involvement of clubs in the fan token market has also provided them with a new source of income. So much so that the majority of the clubs that started this business in our country managed to make a profit. So, which team’s fan token brought more profit to the investor? Which fan token currently has the most market cap? Let’s look at the details.

The income of the teams from the tokens is at least 450 million TL:

According to the information provided by Dünya.com, Turkish football clubs provide themselves with fan tokens. income of at least 450 million TL succeeded in providing In addition to tokens, Galatasaray, as the first team to step into NFT, will generate more than 43 million TL in total revenue from NFTs alone, with NFTs that are expected to be sold and whose sales are expected to be completed.

The most profitable token for its investors was Galatasaray Fan Token:

The most earned token by fan token investors was Galatasaray Fan Token. Galatasaray Fan Token (GAL) was offered to the public with a price of 10 TL. The current value of the token is over 75 TL. The token’s return since the IPO, over 650% is out. Galatasaray Fan Token, currently With a market volume of more than 267 million TL owner.

Despite the difference in supply in circulation today, Galatasaray left its arch-rival behind:

GAL managed to leave behind Fenerbahçe Fan Token (FB), the fan token of its arch-rival Fenerbahçe. FB, which was offered to the public with two different types of tokens of 15 and 30 TL each, is traded at 67 TL according to today’s data. This is the approximate value of the token. 430% – 120% shows its value. However, the market value of the token lags behind Galatasaray. FB, 145 million TL has market size.

• GAL circulating supply: 3.5 million
• FB circulating supply: 2.4 million

Fenerbahce plays into the future:

Although the current market volume of Fenerbahçe’s fan token is 145 million TL, Fenerbahçe differs from other fan tokens. Unlike other teams that made a deal with Socios, Fenerbahçe made an agreement with Paribu. While the agreements with Socios cover 5 years, the agreement between Paribu and Fenerbahçe, a 25-year time frame covers.

In addition, the opening dates of the currently locked FB tokens are also of great importance. The locked tokens sold for 15 TL will start to be unlocked on May 15, 2022, and 1.33 million tokens will enter the market every month for 15 months. Number of unlocked tokens after 15 months to 20 million will reach. This allows Fenerbahçe to rank first in the world ranking in terms of market volume, with the calculation in its current state. But we can only see the future situation by waiting.

Status of other teams’ fan tokens:

• Trabzonspor Fan Token: It was offered for 8 TL, the current price is 30 TL. The market volume is 72 million TL.
• Genclerbirligi Fan Token: It was offered with 0.40 TL, the current price is 0.92 TL. The market volume is 46 million TL.
• Goztepe SK: It was offered for 10 TL, the current price is 23 TL. Market volume 25 million TL
• AnkaToken: It was offered with 0.30 TL, the current price is 0.75 TL. The market volume is 22 million TL.
• Bursaspor Crocodile Token: It was offered with 0.40 TL, the current price is 0.43 TL. The market volume is 21 million TL.
• Fatih Karagümrük SK: It was offered for 0.50 TL, the current price is 0.49 TL. The market volume is 19 million TL.
• Kocaelispor Fan Token: It was offered for 0.41 TL, the current price is 0.37 TL. The market volume is 18 million TL.
• Karsiyaka Fan Token: It was offered with 0.40 TL, the current price is 0.64 TL. The market volume is 16 million TL.
• Denizlispor Fan Token: It was offered for 0.40 TL, the current price is 0.39 TL. The market volume is 15 million TL.
• Eskisehir: It was offered with 0.30 TL, the current price is 0.87 TL. The market volume is 10 million TL.
• Istanbul Basaksehir Fan Token: It was offered at 10 TL, the current price is 13 TL. The market volume is 7 million TL.