PORTO Fan Token is a BEP-20 service token developed for FC Porto football club. Offering some privileges to team fans and token holders, PORTO was launched in 2021 through a Binance Launchpad sale.
What is PORTO Fan Token?
The PORTO Fan Token is a service token launched by the FC Porto football club, founded in 1893, in cooperation with Binance in 2021. The club has won the most international titles in the Portuguese Premier League and has also shown impressive success in other leagues in Europe, such as the UEFA Champions League. It has also issued its own fan token to provide an incentive to its supporters around the world.
PORTO is the second fan token made available through a token sale on Binance Launchpad. It is a BEP-20 utility token on BNB Chain and has a total supply of 40 million.
What Does PORTO Fan Token Do?
PORTO has various uses for fan interaction within the Binance ecosystem. As a service token, PORTO gives token holders governance rights to participate in voting on the football club. The more fan tokens one has in hand, the greater the influence of their vote in these decisions involving fans. For example, PORTO owners can choose the team’s warm-up song for the next match or the welcome message to be displayed during the match.
Apart from gaining governance rights, token holders can also purchase from FC Porto’s NFT Mystery Boxes using PORTO. These mystery boxes contain standard, rare and very rare NFTs from a unique collection. For example, the first PORTO NFT collection features the team’s legendary goalkeepers.
PORTO NFTs are more than just digital collectibles. These NFTs can also be used for staking on the NFT PowerStation, an innovative gamification feature of the Binance Fan Token Platform. Fans can increase their fan level and get extra PORTO rewards by charging the required NFTs. The longer the NFTs are charged, the higher the fan rewards. It is also possible to buy and sell NFTs on the Binance NFT Marketplace.
In the future, token holders will be able to use their PORTO to participate in loyalty programs. In this way, they will be able to win special awards and fan badges, attend events to meet team players and obtain products with team logos for free. Fans can also use PORTO via Binance Pay to purchase match tickets or make membership payments on FC Porto’s e-commerce platform.
Where and How to Buy PORTO?
To get FC Porto Fan Token, you must first know the exchanges where this token is listed. Then you have to choose the stock market you want to trade and create an account. You can follow the steps below to purchase PORTO:
- After registering with the exchange, you need to verify your account.
- You must transfer money to the wallet in the exchange account by credit or debit card.
- You can then place a purchase order to buy PORTO.
- In the purchase order, you must specify how much PORTO you want to buy and in what price range.
- Once the purchase is made, crypto assets are deposited into your account.
On Which Exchanges Is PORTO Fan Token Available?
Here are some of the crypto exchanges where you can buy FC Porto:
- Binance
- PancakeSwap (V2)
- Gate.io
- Poloniex
- bitget
- Binance UK
- Phemex
- BKEX
- CoinEx
- BitMart
- bitrue
- XT.COM
- Poloniex
How Much Is FC Porto ATH?
The highest price of FC Porto, namely the ATH level, was recorded as 14.64 USD on 16 November 2021. The highest level the token has reached before also reflects its potential. There is a possibility that a price level reached once can be reached again later. This allows investors to act strategically before buying and selling.
How Much Is FC Porto ATL?
PORTO lowest ATL price is 0.93 USD on 12 May 2022. The lowest level the token has seen to date indicates that it can retest this price range. Historical data sheds light on the fact that users do not panic after the decline and wait patiently for the rise.
