JUV (Juventus Fan Token) Project Analysis
1. Institute Review
Launched in November 2019, JUV is the first fan token for the Chiliz platform. Chiliz is a fan interaction platform that connects the sports, eSports and entertainment industries with cryptocurrencies through a blockchain-powered ecosystem. Initially, the Italian soccer club's cryptocurrency was distributed to contributors on Socios through a Fan Token Offering (FTO), a special type of token sale where teams issue digital assets and sell them to users (just like an ICO). The project also hosted a Coin Launchpool event in December 2020, where users could mine 210,084 JUVs.
2. Recent breakout points
Chiliz ecology + World Cup soccer tournament + star teams + Coinlaunchpool
3. Project Introduction
JUV is the fan token of Juventus FC on the Chiliz chain, Socios.com is an app for soccer fans where users can get the right to vote to influence the club they support.
4. Role of tokens
(1) Voting: Fan token holders are entitled to participate in fan voting on the platform.
(2) Governance: Fan token holders can subscribe to fan rewards, digital collectibles, and loyalty points. Fan Tokens will be incorporated into Juventus Fan Token's potential future e-commerce ecosystem and used to pay for merchandise, companion day tickets, memberships, etc. via Binance Pay.
(3) Pledge: JUV token holders can interact with the club on the Coin Fan Token platform.
5. Token Economic Model
Total number of JUV tokens: 20,000,000
|
Token Type |
Chiliz Chain |
|
Token circulation |
1,315,907 JUV (6.58%) |
|
Total Tokens* |
20,000,000 JUV |
|
Token name |
JUV |
JUV tokens will be released linearly on a monthly basis over a period of 8 years starting in April 2020, and 2,500,000 tokens will be released each year.
6. Project Highlights
JUV (FC Porto), the team of soccer star Cairo, is also currently the smallest market cap of all the fan tokens on Coin, previously launched as a debut on Coin's Binance Launchpool, with a current market cap of only $7.4 million.
7. Community
twitter: 10 million people
8. Future Outlook
Soccer star Cairo's team, Token 2020 held a Coin Launchpool event in December, and since the club owns all the locked tokens that have been taken out of circulation - Juventus issued more JUVs that can be bought and sold on Socios and secondary markets. The token price once fell to $2. Belonging to Chiliz ecology + World Cup soccer tournament + Coin Launchpool + star teams, the token has pulled up 3 times in the recent past, and there is still some space from the high point of $20. The current market value is only $7.4 million, and there is a lot of room for subsequent upside, due to the recent announcement that the 2022 22nd World Cup soccer tournament Qatar will be held on November 20 kick-off time, the follow-up is worth watching.
Basic information
Project Description: Juventus Fan Token (JUV) is a functional token that provides fans of Juventus Football Club ("Juventus") with a tokenized share of participation in club decisions through the use of Socios' applications and services.
Socios is a blockchain-based fan interaction and rewards platform for the sports and entertainment industry, powered by Chiliz.
Full token name: Juventus Fan Token
Token name: JUV
Project website: https://www.socios.com/juventus/
Project Documentation.
Block Query: https://explorer.chiliz.com/tokens/0x14A5750B0e54b57D12767B84A326C9fE59472Da5/token-transfers
Liquidity Query.
https://explorer.chiliz.com/tokens/0x14A5750B0e54b57D12767B84A326C9fE59472Da5/token-holders
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