Juventus Fan Token

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Discover Juventus Fan Token's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Juventus Fan Token?

The Juventus Fan Token (JUV) is a utility token that allows fans to engage with the Juventus Football Club through voting on official club decisions, accessing exclusive experiences, and earning rewards. It is obtained by exchanging Chiliz (CHZ) tokens on the Socios.com app and operates on an Ethereum-based, proof-of-authority sidechain.

How is Juventus Fan Token used?

The Juventus Fan Token (JUV) is a utility token that allows its holders to exert influence over certain club decisions, primarily through voting on fan decision polls released by Juventus. These polls are conducted using smart contracts, ensuring that the club is contractually obligated to act in accordance with the poll findings.

Additionally, JUV token holders can earn fan rewards by participating in various activities such as quizzes, games, and voting on club decisions within the Socios.com app. These rewards can range from VIP entry to matches to attending exclusive events with the team.

The token also serves as a membership key, granting holders access to exclusive experiences and opportunities to connect with the team. The more JUV tokens a fan holds, the greater their influence and potential rewards.

How do I store Juventus Fan Token?

You can store your Juventus Fan Token (JUV) tokens in several ways:

  • Socios.com Wallet: You can store JUV tokens directly in your Socios.com wallet, which is accessible through the Socios.com app.
  • Custodial Wallets: JUV tokens can also be stored in custodial wallets on some centralized exchanges, such as Bybit.
  • Bitget Wallet: Additionally, you can store your JUV tokens on the Bitget account or on their crypto wallet app, BG Wallet.

Please note that noncustodial wallet support for JUV tokens is still limited.

How to buy Juventus Fan Token?

To buy Juventus Fan Token (JUV) tokens, you can follow these steps:

  1. Create an Account: Sign up on a cryptocurrency exchange like Binance, Kriptomat, or Coinmerce. Verify your email, phone number, and identity to unlock the full potential of the platform.

  2. Add Funds: Deposit fiat currency from your bank account or use a credit card to add funds to your exchange account. This will allow you to purchase JUV tokens.

  3. Choose the Token: Select Juventus Fan Token from the list of available cryptocurrencies on the exchange. Enter the amount you want to purchase and preview the transaction details.

  1. Confirm Purchase: Confirm your purchase to complete the transaction. Once the transaction is successful, you will own Juventus Fan Token.

Additionally, you can also use third-party payment channels, depending on the exchange and your region.

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History of Juventus Fan Token

The Juventus Fan Token (JUV) is a utility token that allows fans to engage with the Italian football club Juventus FC. It was launched on the Socios.com platform, which enables fans to participate in certain club decisions, access VIP experiences, and earn official products. The token is obtained by exchanging it for the Chiliz cryptocurrency ($CHZ), which can be purchased on the Socios.com app.

The Juventus Fan Token is part of a broader ecosystem of fan tokens, which are designed to empower fans across various sports verticals. The Socios.com platform has partnerships with several prominent sporting organizations, including FC Barcelona, Inter Milan, AC Milan, Manchester City, UFC, and others.

Historical data for the Juventus Fan Token shows its price fluctuations over time. The token's price has varied significantly, with notable changes in both directions. For instance, the price rose by 6.14% on one occasion and fell by 4.25% on another.

The token's market capitalization and trading volume have also been tracked. At one point, the market capitalization was $13,134,078, with a 24-hour trading volume of $2,429,997. The token's circulating supply is 7,179,533 JUV, with a total supply of 20,000,000 JUV.

Overall, the Juventus Fan Token represents a unique way for fans to engage with their favorite football club and participate in its decision-making processes.

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How Juventus Fan Token works

The Juventus Fan Token (JUV) is a cryptocurrency designed to enhance fan engagement with the Juventus Football Club. Here's how it works:

Obtaining JUV Tokens

To obtain JUV tokens, fans must first purchase Chiliz (CHZ) tokens, which are the native tokens of the Socios.com platform. CHZ tokens can be bought through a cryptocurrency exchange or directly on the Socios.com app. Once CHZ tokens are acquired, they can be exchanged for JUV tokens.

Functionality

JUV tokens function as a membership key, granting holders the ability to influence and connect with the team. They can participate in various activities, including voting on official club decisions, accessing exclusive content, and earning rewards through quizzes, games, and other interactions on the Socios.com app.

Voting and Governance

JUV token holders can vote on fan decision polls released by Juventus through smart contracts. These polls are contractually binding, meaning the club is obligated to act in accordance with the poll findings. The weight of each vote is determined by the number of JUV tokens held by the voter.

Rewards and Benefits

Holders of JUV tokens can earn rewards, such as VIP access to matches, exclusive merchandise, and other unique experiences. The more JUV tokens held, the greater the rewards and influence on club decisions.

Technical Details

JUV tokens are built on the Chiliz Chain, an Ethereum-based proof-of-authority sidechain. This allows for secure and efficient transactions, ensuring that fan engagement and voting processes are reliable and transparent.

Overall Experience

The JUV token creates a new level of engagement between Juventus fans and the club. By holding JUV tokens, fans can participate in club decisions, access exclusive content, and earn rewards, fostering a stronger sense of community and connection with the team.

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Juventus Fan Token's strengths

The Juventus Fan Token (JUV) offers several strengths to its holders:

  • Fan Opinions on Official Club Decisions: JUV token holders can vote on numerous fan decision polls released by Juventus through smart contracts. The club is contractually obligated to act in accordance with the poll findings, giving fans a significant influence on club decisions.

  • Fan Rewards: By participating in quizzes, playing games, and voting on club decisions on the Socios.com App, fans can earn rewards such as VIP entry to matches, meeting club heroes, and even flying with the team to away games.

  • Global Fan Base Connection: The JUV token allows fans to connect with each other, vote on polls, compete in contests, and take quizzes, fostering a sense of community among Juventus supporters worldwide.

  • Influence with a Single Token: Even with just one JUV token, fans can begin influencing the team and earning rewards. However, holding more tokens increases their clout rating and unlocks additional incentives.

  • VIP Advantages: The more JUV tokens a fan holds, the higher their clout rating and the greater their VIP advantages, such as increased voting power and access to exclusive events.

  • Governance and Staking: JUV is an Ethereum-based, proof-of-authority token that can be staked to obtain Non-Fungible Token (NFT) benefits, further enhancing its utility.

These strengths make the Juventus Fan Token a unique and engaging way for fans to interact with the club and each other.

Juventus Fan Token's risks

Juventus Fan Token (JUV) carries significant financial risks due to its high volatility. It is considered a high-risk investment and should only be considered by those with a high tolerance for risk, a strong financial position, and the ability to afford potential losses. The token's value can fluctuate rapidly, making it crucial for investors to conduct thorough research and invest within their comfort zone.

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Did Juventus Fan Token raise funds?

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Juventus Fan Token’s team

  • Alexandre Dreyfus: CEO & Founder of Socios.com, the blockchain-based fan engagement platform that created the Juventus Fan Token (JUV) in collaboration with Juventus Football Club.

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