JUV and PSG on Binance Launchpool Binance announced a double farming on Launchpool, as the 9th and 10th projects are Juventus (JUV) and Paris Saint-Germain (PSG) Football Club Fan Tokens. From today (15th of December), users can stake Binance Coin (BNB), Binance USD and Chiliz (CHZ) tokens into six separate pools to farm Juventus Fan Tokens (JUV) or Paris Saint-Germain Fan Tokens (PSG). The farming period is 30 days, until 13th of January 2021. Both tokens will be added into the innovation zone on the 21st of December, pairing with Bitcoin, Tether and Binance USD. Take advantage of this unique offer and farm as much as possible.
On the 15th of December, Juventus and PSG fan tokens were added by Binance Launchpool, as the 9th and 10th projects. Binance Coin (BNB), Binance USD and Chiliz (CHZ) holders could stake into six separate pools to farm Juventus Fan Tokens (JUV) or Paris Saint-Germain Fan Tokens (PSG), until 13th of January 2021. Both tokens were added into the innovation zone on the 21st of December, pairing with Bitcoin, Tether and Binance USD.
Launchpool info and statistics
The Juventus Fan Token (JUV) has a total token supply of 20,000,000 tokens and 1.05% (210,084) of it will be distributed through the Binance Launchpool. At the moment, 1,315,907 JUV tokens are in circulation, which represents 6.56% of the Total Token Supply. The JUV token is giving Juventus fans a tokenized share of influence on the club decision, using the Socios application and services, by voting via smart-contracts on various contract-binding pools
The Paris Saint-Germain Fan Tokens (PSG) has an identical total supply (20,000,000 token), and only 0.90% of it will be farmed through the Launchpool. The 179,641 PSG tokens will increase the current supply of 1,288,396 tokens, approximately 6.44%. Same as the JUV token, the PSG one is giving fans a tokenized share of influence on the club decisions. The Socios platform will help fans to interact and earn rewards, and in the future may include VIP goods and services, staking PSG for NFT rewards or booking unique experiences.
As of today, Binance Launchpool added three more Fan Tokens, for OG DOTA Team (OG), Atletico Madrid (ATM) and AS Roma (ASR). All three will be listed on the 30th of December in the Innovation with the following trading pairs: OG/BTC, OG/USDT, ATM/BTC, ATM/USDT, ASR/BTC and ASR/USDT.
Following the success of both PSG and JUV Fan Tokens, we’re excited to add another three partners to Binance Launchpool, and take a further step forward in our vision to tokenize the sports and entertainment industry over the next five to seven years" - Alexandre Dreyfus, Chiliz CEO
The OG Token (OG) is the utility token built on the Chiliz Chain, a Proof-of-Authority (PoA) sidechain built on Ethereum, that gives fans a tokenized share of influence on OG DOTA Team decisions using the Socios.com app. OG DOTA team was formed in 2015 and played a competitive part in DOTA 2, being dominant at the game’s highest levels. OG is the only organization to capture victory in The DOTA International twice in 2018 and 2019, and gaining over $26 million in prize money. The OG Total Token Supply is 5,000,000 and 13.5% (652,647) will be distributed through the Launchpool.
Atlético de Madrid Football (ATM) is the utility token built on Chiliz Chain, a PoA sidechain built on Ethereum, that gives Atletico Madrid fans a tokenized share of influence on club decisions using the Socios.com application and services. The token can be used to obtain exclusive rewards, club recognition and more. Atletico Madrid, was created in 1903 and won ten La Liga titles, ten Copa del Rey, three UEFA Europa League titles and three UEFA Super Cups. Atletico was the last club to break the Real Madrid - Barcelona, winning the title in the 2013-2014 season. The ATM Total Token Supply is 10,000,000 tokens and 3.29% (329,308 ATM) will be distributed thorough the Binance Launchpool.
AS Roma Football Club (ASR) is the utility token built on Chiliz Chain, a PoA sidechain built on Ethereum, that gives AS Roma fans a tokenized share of influence on club decisions using the Socios.com application. I Giallorossi are one of Italy most iconic competitors and Totti was one of my childhood heroes! AS Roma won three Serie A titles and nine Coppa Italia. The Total Token Supply is 10,000,000 ASR and 5.04% (503,919) will be shared by Binance.
My farming recommendation is to focus all assets between today and the 29th, when more tokens are rewarded. See below the farming distribution:
I farmed JUV and PSG for 7 days, and I decided to dust the bounty in Binance Coin, as the choice of Fan Tokens is too wide and can't decide which one to farm. I've got $4.56, but the value was more than double on listing day, when I didn't consider selling.
But ... what is Chiliz?
Chiliz block-chain is the world's top fintech provider for sports and entertainment, which developed Socios.com platform. This engagement platform and all the projects for fans are fueled by Chiliz (CHZ), the native token, as on-platform currency. Chiliz and Socios have been expanding their leadership as global fan token providers by constantly adding new teams into their platform, which at the moment trades 12 different fan tokens. In the last year, Soicios has been downloaded by more than 370,000 people, and over 14,000,000 Fan Tokens have been sold.
I participated at the AMA to learn more and here are some interesting facts! The Fan Tokens are initially minted on the Chiliz Chain, not on the Ethereum Mainnet. As the partnership with Binance was consolidated, Fan Tokens will be available on Binance Smart-Chain. Fan Tokens can be considered as a DAO, giving a share of influence for holders, not only granting club related advantages!
Happy farming!
Links and referrals:
Juventus & PSG added to Launchpool
Binance added ASR, ATM and OG to Launchpool
Chiliz (CHZ) : the fans block-chain
Binance Launchpool - Juventus and PSG fan tokens
OG Website: https://www.socios.com/og/
OG Medium: https://medium.com/tagged/og
ATM Website: https://www.socios.com/atletico-de-madrid/
ATM Medium: https://medium.com/socios/tagged/atletico-madrid
ASR Website: https://www.socios.com/asroma/
JUV Website: https://www.socios.com/es/juventus
JUV Medium: https://medium.com/socios/tagged/juventus
PSG Website: https://www.socios.com/paris-saint-germain
PSG Medium: https://medium.com/socios/tagged/paris-saint-germain
Twitter: https://twitter.com/socios, https://twitter.com/Chiliz
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