Binance has announced the 24th project on Launchpool. The new cryptocurrency project on Launchpool is the Chiliz-based Manchester City Fan Token (CITY). So what is the Manchester City Fan Token (CITY)? Manchester City Fan Token (CITY) is the fan token of Manchester City, one of the English league football teams.
Starting from 11.11.2021, users will be able to stake their BNB, CHZ and BUSD in separate pools to collect CITY tokens for 30 days. The exchange listed the altcoin on its platform on November 10. cryptocoin.com We have examined the Manchester City Fan Token (CITY) in detail for you, let’s examine the subject together…
What is Manchester City Fan Token (CITY)?
Manchester City Fan Token (CITY) is a utility token that gives Manchester City fans a tokenized stake in club decisions using the Socios app and services. The cryptocurrency acts as a membership key, allowing users to compete for exclusive rewards, club recognition, and more.
CITY token holders can vote via smart contract in various “fan verdict” polls published by Manchester City. CITY is a utility token on the Chiliz Chain, a Proof-of-Authority sidechain built on Ethereum and is mainly used for:
- Management: CITY holders can vote via smart contract in various contract-binding “fans judgment” polls published by Manchester City.
- Awards: CITY owners can earn rewards from interactions in Socios.
- Staking: In the future, CITY can be staked to earn Fungible Token (NFT) rewards.
CITY Launchpool Details:
- Token Name: Manchester City Fan Token (CITY）
- Total Supply: 20.000.000 CITY
- Circulating Supply: 3,708,172 (18.54% of total supply)
- Launchpool Supply: 291.036 CITY
- Block Explorer: CITY BEP-20 Block Explorer, CITY Chiliz Chain Explorer
- Staking Conditions: No upper limit. KYC is required.
Supported Pools:
- Stakes BNB
- Stakes CHZ
- Stakes BUSD
- Farming Period: Between 11.11.2021-10.12.2021.
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