Top 3 fan token offerings (FTO) to buy in 2022

The concept of Fan Token Offerings (FTOs) did modestly well in 2021 as leading teams launched their tokens. As a result, the Chilliz price jumped by more than 1,000% in 2021 as more teams embraced the concept. Chilliz is the leading blockchain platform for fan tokens. In this article, we look at some of the top fan tokens for 2022.

What are fan tokens?

A fan token is a blockchain platform that teams use to increase their engagement with fans. Holders of the tokens can participate in a number of ways. For example, they can vote on some key issues about their teams. 

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They are also eligible to get discounts when they buy merchandise from the team. According to FanMarketCap, there are about 58 fan tokens that have a total market cap of more than $406 million.

Paris Saint-Germain

Paris Saint-Germain (PSG) is one of the best-known sports franchises in Europe. The team is home to some of the best players in the world like Lionel Messi, Neymar Jr, and Kylian Mbappe. It has become a perennial winner in the French soccer league. 

The PSG token price has crashed by more than 75% from its highest level on record. According to Fan Market Cap, it has a total market cap of more than $46 million, making it the biggest fan token in the world. 

While the PSG price has lagged, it stands a good chance of rebounding in 2022 if the fan token offering industry rebounds. 

Barcelona

Barcelona (BAR) is a popular soccer team that has won some of the best leagues in the world like the European Champions League and La Liga. The team is valued at about $1.49 billion and is made up of some of the well-known players in the world like Luuk de Jong, Memphis Depay, and Ousmane Dembele. 

Barcelona launched its fan token offering in 2021 and is currently one of the most popular. While its price has crashed in 2021, there is a likelihood that it will bounce back if the industry recovers.

Inter Milan

Inter Milan (INTER) launched its fan token in 2021. The INTER token gives holders a say in some of the most vital decisions that the team does. For example, they can vote on their players of the year and receive some special offers. 

The Inter Milan token price has declined sharply since its founding. This gives it a market capitalization of more than $21 million. Like the other three, there is a possibility that it will bounce back in 2022.