Santos FC Fan Token SANTOS
About
What Is Santos FC Fan Token (SANTOS)?
Santos FC Fan Token (SANTOS) is a fan token of the eponymous football team that was launched by a partnership between Santos FC and Binance Launchpool. Santos FC, aka Santos Futebol Clube, is a Brazilian sports club in the state of São Paulo, based in Vila Belmiro.
The pandemic hit football clubs hard, and as a result, the concept of a fan token was born. The fans were delighted, then the investors picked up the enthusiasm.
The collaboration between Binance and Santos FC was confirmed in November 2021 with an official statement published on the football club’s social network pages. The agreement of the two parties layed out the conditions to the launch the fan token. Binance acquired the status of sponsor and licensee, earning the right to operate NFTs products. The goal of this alliance is to increase fan engagement, build relationships between the club and fans, and attract the attention of Binance customers.
$SANTOS owners receive a number of benefits: participation in the life of the club and the right to vote in polls. Moreover $SANTOS token holders can gain access to exclusive rewards, privileges, limited & collectible NFTs and to the gamification process.
SANTOS was available via Binance Launchpad from November 27, 2021 to December 28, 2021.
Who Are the Founders of Santos FC Fan Token?
Brazilian football club Santos was founded in 1912 by three local sportsmen: Francisco Raymundo Marques, Mário Ferraz de Campos, and Argemiro de Souza Junior.
Santos is famous for its players' strong technique and strict discipline. Over the years the team has unveiled stars like Pelé, Neymar and Rodrygo. Pelé is considered one of the greatest players in the world and devoted most of his career to Santos FC, scoring more than 500 goals.
Santos FC is one of the most successful clubs in the country, participating in Paulistão - the State of São Paulo's premier state league, and Brasileirão - the top league of the Brazilian football league system. The football club is an eight-time national champion of Brazil, also a record holder -- winning 24 titles in 10 years.
As of December 2021, the club is coached by Fábio Carille, and Santos FC has 10 million followers on social media.
What Makes Santos FC Fan Token Unique?
The benefits of Santos FC Fan Token include:
Token holders can participate in sensitization activities like voting sessions, which take place on the Binance Fan Token platform.
Token holders get access to fan rewards, digital collectibles, and loyal points. SANTOS owners use NFTs redeemed by Santos FC for fan rewards.
With SANTOS and Binance Pay, users can pay for unique goods and merchandise, match tickets, club memberships.
One of the main benefits for loyal fans is interacting with Santos FC and getting involved in the club's life. SANTOS holders have an advantage; they can attend meetings with football legends, autograph sessions, and football training sessions.
If fans have a certain amount of SANTOS, then various gamification features are available on the Binance Fan Token platform.
Fans can demonstrate loyalty to their favorite team and donate SANTOS directly, receiving a proof-of-loyalty badge.
How Many Santos FC Fan Token (SANTOS) Coins Are There in Circulation?
Santos FC Fan Token, or SANTOS, is a BEP-20 token deployed on Binance Smart Chain (BSC) - a blockchain that has become famous for its high speed and low transaction fees.
The maximum supply of $SANTOS is 30,000,000 coins, and as of December 2021, 4,550,000.00 $SANTOS is in circulation (15% of the total supply). Allocation of tokens:
User Fund - 35%
Developer Fund - 25%
Team - 20%
Loyalty Subscription - 15%
Binance Launchpool - 5%
The main role played by the SANTOS token is the link between Santos FC and its fan base. As for the application, SANTOS is used for collectibles, limited NFTs, voting rights, gamification, engagement rewards and special perks.
How Is the Santos FC Fan Token Network Secured?
In early December, Binance announced the launch of the Santos FC Fan Token as part of the Binance Launchpool, where a KYC procedure is a prerequisite for participation.
Binance Launchpool is a platform that allows users to deposit their tokens for free, as well as earn new ones. The project was initiated in 2020 with a focus on investors interested in passive income.
Thus, Binance is responsible for the security of Santos FC Fan Token. The company has its own blockchain - Binance Smart Chain (BSC), which is secured by the Tendermint byzantine-fault-tolerant (BFT) consensus mechanism.
Where Can You Buy Santos FC Fan Token (SANTOS)?
As of December 2021, like other fan tokens, SANTOS can be purchased on major crypto exchanges, among them: Binance, Pancakeswap (V2), Binance TR, HitBTC, and Mandaka Exchange.
Want to keep track of SANTOS, PSG or CITY prices live? Download the CMC mobile app.
Visit the CoinMarketCap blog for up-to-date news and latest trends in the market.
Have a look at our guide to non-fungible tokens.
Feel free to check our crypto glossary.
AI Analysis
What is the Santos FC Fan Token (SANTOS) cryptocurrency good for? What are its main use cases?
The Santos FC Fan Token (SANTOS) is a type of cryptocurrency that allows fans of Santos FC, a Brazilian football club, to engage with the club in various ways. The use of fan tokens has been gaining popularity in the sports world, enabling greater interaction between clubs and supporters. Here are some of the main use cases of the SANTOS token:
Voting Rights: One of the primary features of fan tokens is that holders can participate in polls and votes related to club decisions. This could range from choosing the design of the team’s jersey to deciding on certain aspects of matchday experiences or events.
Exclusive Content and Experiences: Token holders often gain access to exclusive content, such as behind-the-scenes videos, interviews with players, and special announcements. They might also have opportunities to participate in exclusive events or experiences, such as meet-and-greets with players.
Incentives and Rewards: Holding SANTOS tokens may provide fans with rewards, discounts on merchandise, or other benefits that enhance their overall engagement and support for the club.
Collectibles and NFTs: Some fan tokens are linked to unique digital collectibles or non-fungible tokens (NFTs) associated with the club's history, players, or memorable moments. This can create additional avenues for fan engagement and investment in club memorabilia.
Enhanced Fan Engagement: SANTOS tokens facilitate a stronger community among fans, allowing them to connect with each other and the club in novel ways—such as through social media integrations and online platforms where they can share their opinions and experiences.
Fundraising and Financial Support: By engaging with their fan base through tokens, clubs like Santos FC can tap into a new revenue stream, with fans potentially motivated to purchase tokens to support the club financially.
Overall, the Santos FC Fan Token is designed to enhance the relationship between the club and its supporters, giving fans a voice and creating a sense of community around shared interests and experiences.
What blockchain does Santos FC Fan Token use? Is it its own blockchain or built on top of another?
The Santos FC Fan Token uses the Chiliz blockchain, also known as Socios.com, which is built on top of the Ethereum blockchain but utilizes the proof-of-authority (PoA) sidechain solution provided by Binance Smart Chain.
Is Santos FC Fan Token programmable? Does it support smart contracts or decentralized applications?
Santos FC Fan Token (SANTOS) is part of the growing trend of fan tokens, often created on blockchain platforms like Ethereum or similar. However, fan tokens themselves are generally not programmable in the same way that native cryptocurrencies like Ether (ETH) are.
Fan tokens usually represent a form of digital asset that allows fans to engage with their favorite teams through voting, accessing exclusive content, or participating in rewards programs. While the underlying blockchain may support smart contracts (e.g., if the token is an ERC-20 token on Ethereum), fan tokens themselves typically do not incorporate complex programmability or decentralized applications (dApps).
To access features such as voting or fan interactions, these functionalities are usually provided through the platform that issues the fan tokens, such as Socios.com rather than through the tokens themselves executing smart contracts.
In summary, while the blockchain underlying Santos FC Fan Token may support smart contracts and decentralized applications, the fan token itself is generally not programmable and does not directly support those features.
How fast are Santos FC Fan Token transactions? What is the typical confirmation time and throughput (transactions per second)?
Santos FC Fan Token (SANTOS) transactions operate on the Chiliz blockchain, which is designed for fan engagement and experiences in sports. The typical confirmation time on the Chiliz blockchain is around 2-3 seconds, which is quite fast compared to many traditional blockchains.
In terms of throughput, the Chiliz blockchain can handle thousands of transactions per second (TPS), allowing for a high volume of transactions to be processed quickly. This efficiency is crucial for fan engagement platforms that require rapid transaction processing for activities like voting, purchasing tokens, and other interactive features.
Keep in mind that the specifics regarding confirmation times and throughput may vary based on network conditions and congestion. Always refer to the most recent data or the blockchain's official documentation for the latest statistics.
How much data can I store on the Santos FC Fan Token blockchain? Does it support on-chain data storage?
The Santos FC Fan Token (SANTOS) is primarily used for engagement and utility within the ecosystem, allowing fans to participate in decisions, access exclusive content, and enjoy other benefits. However, like many fan tokens built on Ethereum or similar platforms, they typically do not support extensive on-chain data storage directly.
Fan tokens generally focus on facilitating transactions and experiences rather than acting as a data storage solution. While Ethereum allows for smart contracts, which can hold some data, the capacity and practicality for storing significant amounts of data directly on-chain can be limited and costly due to gas fees.
For substantial data storage or more complex applications, it's advisable to use off-chain solutions combined with on-chain verification methods. Platforms like IPFS (InterPlanetary File System) or traditional databases can be used for off-chain storage, with on-chain references or hashes to ensure integrity and access.
In summary, while the Santos FC Fan Token blockchain can support certain types of on-chain data storage, it is not designed for extensive data storage. For larger datasets, consider using off-chain solutions.
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