Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy BNB
BNB (BNB)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (MATIC)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

What is Fan Token Offering (FTO)?

Crypto Terms Glossary: What is Fan Token Offering (FTO)?

A Fan Token Offering (FTO) is a public sale of an organization's Fan Tokens on Chiliz' Socios platform. Prior to an FTO, the issuing organization — typically a popular sports team — decides the total fixed supply of their Fan Tokens and the token's initial token sale price, denominated in Chiliz Tokens (CHZ). Prior to launching an FTO, Socios will publicly disclose all the essential information relevant to the token release, including the FTO's start and end dates, the Fan Token's opening price, and the fully diluted market cap. This helps users on the platform to make more informed investment decisions.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Press Releases: Happening Right Now - Marginly is Bootstrapping Liquidity
Marginly, the leverage-as-a-service protocol that enables one-click leverage on yield-bearing assets, kicked off its Liquidity Bootstrap Event on May 15. The protocol is rewarding..
Altcoins: The founder of Telegram commented on the launch of the Notcoin token
Pavel Durov, the creator of the Telegram messaging platform, shared his thoughts on the introduction of the Notcoin (NOT) cryptocurrency. He emphasized that the initiative has attracted more..
Regulation: The French regulator announced a possible blocking of the Bybit platform
The French financial markets regulator (AMF) has issued a warning to investors about the possible restriction of access to the Bybit platform's website. It also noted that..
Mining: During the last three years, El Salvador mined 473.5 BTC using geothermal energy
Since 2021, El Salvador has mined 473.5 BTC (equivalent to $29.3 million) through the use of geothermal energy. Such information was released by Reuters, referring to the state structure..