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Latest cryptocurrency news > ALTCOIN > AS Roma Fan Token: A New Revenue Stream for Fans and the Club
ALTCOIN

AS Roma Fan Token: A New Revenue Stream for Fans and the Club

BH NEWS
Last updated: 28 November 2023 00:07
BH NEWS 3 years ago
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The AS Roma Football Team’s cryptocurrency, the AS Roma Fan Token (ASR), has been launched in collaboration with Chiliz. Chiliz has made a swift entry into the cryptocurrency sector, and the ASR is part of the Chiliz crypto ecosystem, also supported through Socios.

Chiliz has increased fan engagement and aided clubs by creating exclusive fan tokens for many clubs. These fan tokens have opened new revenue streams for clubs and provided fans access to features they could not reach before. Socios has expanded beyond football-focused deals, recently signing partnerships in the e-sports and Formula 1 sectors.

AS Roma Fan Token holders have a say in the club’s significant decisions. In addition, the AS Roma Fan Coin provides continuous usability and circulation, creating a source of income for fans. By using the AS Roma Fan Token, it is possible to make decisions about the club’s jersey color, the music to be played when a goal is scored, or significant developments.

At the time this article was written, the AS Roma Fan Coin is trading at a price of $6.69 and has a total market value of $8 million. Of the total supply of 10 million ASR Coins, only 1.22 million are in circulation, and a volume exceeding $1 million in the last 24 hours shows a high level of interest.

ASR Coin can be found on the Innovation Zone, a new trading platform of Binance, one of the world’s largest cryptocurrency exchanges. ASR Coin, which rose to $25 on Binance but then experienced a significant drop, still maintains Binance support. To purchase ASR Coin, you can send BTC to the Binance exchange or buy BTC over other assets. Once you own BTC, you can buy and use as much AS Roma Fan Coin as you want through the ASR/BTC trading pair.

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