Soccer Club To Launch A Barcelona ($BAR) Fan Token Sale on 22 June

Priyanka Kulkarni
Priyanka Kulkarni, post-graduated in Business Administration holds worthy experience in market research and investment banking. She is passionate to flaunt her perception towards cryptocurrencies.
  • On June 22, 2020, FC Barcelona, a worldwide famous soccer club, is launching a crypto token Barcelona ($BAR) Fan Token 48-hour flash sale.
  • However, the sale is going to commence at 1 pm on Monday.
  • Fans will be offered 1 million $BAR, which will be sold on, first-served base.

On June 22, 2020, FC Barcelona, a worldwide famous soccer club, is launching a crypto token Barcelona ($BAR) Fan Token 48 hour flash sale in association with bitcoin platform Chiliz.

FTO will distribute the tokens

However, the sale is going to commence at 1 pm on Monday. It was estimated that around 500,000 $BAR fan tokens would be seen on the Chiliz exchange and the Socios.com app. The moment the flash sales closes, the market will be open for $BAR token trading.

Initially, the $BAR token will be distributed by an FTO (Fan Token Offering), which will cost €2. Fans will be offered 1 million $BAR, which will be sold on, first-served base. Further, the majority of the earnings will go to the club.

Moreover, the accessibility of $BAR Fan Tokens during the FTO will be constrained. As it is quite often with other significant club launches for merchandise, tickets, and so on.

To help this new Flash Sale design, Socios have removed the 90-day lock. That will apply from today and retroactively to every single other token.

Token holders can vote in many polls

The club is assuring the token holders that they can vote in several polls each season on Socios.com. Also, they can gain rewards connected to the club. Including creative digital experiences and real-life activations, for example, the opportunity to meet players before a game, or to watch a match live at the Camp Nou as a VIP visitor.

The CEO and Founder of Chiliz and Socios.com, Alexandre Dreyfus, stated with FC Barcelona’s tremendous worldwide fanbase, the company anticipates that this should be our greatest and best FTO. They are outperforming the volume of tokens sold by other partners.

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