The fan token craze, which started all over the world under the leadership of Socios, entered our country before long. Tokens, which enable fans to support their favorite teams and have various special opportunities, have taken their place in our lives with exchanges such as Bitci, Icrypex and Paribu as well as Socios.
The involvement of clubs in the fan token market has also provided them with a new source of income. So much so that the majority of the clubs that started this business in our country managed to make a profit. So, which team’s fan token earned more for its investors? Which fan token currently has the most market cap? Let’s look at the details.
The income of the teams from the tokens is at least 450 million TL:
World. According to the information provided by com, Turkish football clubs managed to generate at least 450 million TL in income through fan tokens. In addition to tokens, Galatasaray, as the first team to step into NFT, will generate more than 43 million TL in total revenue from NFTs alone, with NFTs that are expected to be sold and whose sales are expected to be completed.
The most profitable token for its investors was Galatasaray Fan Token:
The most earned token by fan token investors was Galatasaray Fan Token. Galatasaray Fan Token (GAL) was offered to the public with a price of 10 TL. The current value of the token is over 75 TL. The return of the token since the IPO has exceeded 650%. Galatasaray Fan Token currently has a market volume of more than 267 million TL.
Despite the difference in supply in circulation today, Galatasaray left its arch-rival behind:
GAL also managed to leave behind Fenerbahçe Fan Token (FB), the fan token of its arch-rival Fenerbahçe. FB, which was offered to the public with two different types of tokens of 15 and 30 TL each, is traded at 67 TL according to today’s data. This shows that the token is appreciated by about 430% – 120%. However, the market value of the token lags behind Galatasaray. FB has a market volume of 145 million TL.
- GAL circulating supply: 3.5 million
- FB circulating supply: 2.4 million
Fenerbahce plays into the future:
Although the current market volume of Fenerbahçe’s fan token is 145 million TL, Fenerbahçe differs from other fan tokens. Unlike other teams that made a deal with Socios, Fenerbahçe made an agreement with Paribu. While the agreements with Socios cover 5 years, the agreement between Paribu and Fenerbahçe covers a period of 25 years.
In addition, the opening dates of the currently locked FB tokens are also of great importance. The locked tokens sold for 15 TL will start to be unlocked on May 15, 2022, and 1.33 million tokens will enter the market every month for 15 months. After 15 months, the number of unlocked tokens will reach 20 million. This allows Fenerbahçe to rank first in the world ranking in terms of market volume, with the calculation in its current state. But we can only see the future situation by waiting.
Status of other teams’ fan tokens:
- Trabzonspor Fan Token: Offered with 8 TL, current price is 30 TL. The market volume is 72 million TL.
- Gençlerbirliği Fan Token: Offered with 0.40 TL, current price is 0.92 TL. The market volume is 46 million TL.
- Göztepe S. K. : Offered for 10 TL, current price is 23 TL. Market volume 25 million TL
- AnkaToken: Offered with 0.30 TL, current price 0.75 TL. The market volume is 22 million TL.
- Bursaspor Crocodile Token: Offered with 0,40 TL, current price is 0,43 TL. The market volume is 21 million TL.
- Fatih Karagümrük SK: Offered with 0.50 TL, the current price is 0.49 TL. The market volume is 19 million TL.
- Kocaelispor Fan Token: Offered with 0.41 TL, the current price is 0.37 TL. The market volume is 18 million TL.
- Karşıyaka Fan Token: Offered with 0.40 TL, current price is 0.64 TL. The market volume is 16 million TL.
- Denizlispor Fan Token: Offered with 0,40 TL, current price is 0,39 TL. The market volume is 15 million TL.
- Eskişehir: Offered with 0.30 TL, the current price is 0.87 TL. The market volume is 10 million TL.
- Istanbul Başakşehir Fan Token: Offered at 10 TL, current price is 13 TL. The market volume is 7 million TL.
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