What Is Manchester City Fan Token (CITY)
Manchester City Fan Token (CITY) is a Binance Fan Token for Manchester City on Binance Smart Chain. According to the official website, CITY is a native BEP-20 utility token. BEP-20 is a Binance Smart Chain token standard that extends Ethereum's ERC-20 token standard. The token is designed to transform the fan experience for all Manchester City supporters.
According to the website, the Manchester city fan token effectively empowers the fans to engage with the football club in multiple ways. Users of the token can access digital collectibles and NFTs and influence club decisions through exclusive voting rights. Besides voting polls, CITY Token holders also enjoy other utilities including team donation, mini-games, loyalty subscriptions, and access to special NFT collections.
Manchester City Token, integrated into the Binance Ecosystem, allows token holders to access a variety of Binance features. The token holders get access to features such as Binance Pay, Binance Charity, Binance NFT, and additional services in the Binance Ecosystem.
The total token supply of CITY is 20,000,000, of which about 2,000,000 were distributed to club fans via a Fan Token Offering. The remaining tokens are held by Manchester City and can be acquired by participating in the Binance Launchpool and community activities, as well as by purchasing directly on exchanges. CITY Tokens are digital assets that never expire.
History of Manchester City Fan Token (CITY)
The Manchester City Fan Token was created by Socios, a blockchain-based fan engagement and rewards platform. The Socios.com platform was developed on the Chiliz blockchain infrastructure from the bottom up and employs $CHZ as its on-platform currency. Chiliz is the world'sleading blockchain fintech provider for entertainment and sports. Manchester City Fan Token (CITY) is a utility token on the Chiliz Chain.
The Manchester City Fan Token was launched on March 22, 2021. The token was introduced on Binance Launchpool on November 11, 2021.
