What is Juventus Fan Token (JUV)?
Juventus fan token is a cryptocurrency that is related to Juventus F.C. It's one of many fan tokens launched by Socios.com. The platform offers users an opportunity to connect with sports clubs they like and influence their decisions. In essence, Socios.com is a monetization and sports fan engagement app.
Digital assets such as fan tokens do not expire as traditional membership cards do. A token like this is like a conventional membership but with additional benefits, such as the ability to vote on official club decisions and get exclusive prizes. Many other teams have previously given their fans the power to vote on shirts, buses, slogans, and even starting XIs. In addition to facilitating decisions and accessing VIP experiences, the fan tokens can also be used to acquire official merchandise.
You can check the live JUV price on the Juventus fan token price chart above.
Use Cases of JUV Tokens
JUV fan tokens, like many other fan tokens, have various use cases. This includes anything from signed memorabilia to watching a match with the holder's favorite club icon or flying with the squad on an away trip.
JUV token holders are able to take quizzes, play games, and decide club matters. Influencing the team is probably one of the most exciting fan token features. Usually, all it takes is to have one JUV token to be able to do that. However, there may be instances where more than one token is required for entry.
In addition to voting on polls, competing in contests, and taking quizzes, Socios.com also allows users to simply connect with other like-minded people. With JUV tokens, Juventus Football Club fans can enhance their community by banding together.
Moreover, as mentioned before, Juventus fan tokens can be used to purchase exclusive merchandise items.
Lastly, JUV tokens can be exchanged for CHZ tokens directly on Socios.com. CHZ is the native token of the Chiliz chain, the network on which Socios.com is built.
Who Launched Juventus Fan Token?
As mentioned before, the same website that released the majority of the fan tokens currently available on the market, also launched the JUV token. Socios.com CEO, Alexandre Dreyfus, developed it with the intention of enabling sports organizations to tokenize their fan networks. He is a businessman with extensive knowledge of the gaming and athletic industries.
Tokenomics of JUV
The max and total supply of JUV tokens is 20 million, of which approximately 1315,932 were distributed to supporters of the club through a Fan Token Offering. Fans can get JUV tokens by participating in community events, via the Binance Launchpool, or by purchasing directly on exchanges. If you plan to do that, check out the aforementioned Juventus fan token price chart above. It features the current and the previous JUV price.
