In one of the largest fan token listing events, Bybit is now hosting tokens from Europe’s premier football clubs: $PSG, $BAR, $JUV, $ACM, $INTER, $AFC, and $CITY. The clubs are Paris St. Germain, Barcelona, Juventus, AC Milan, Inter Milan, Arsenal, and Manchester City, respectively.
Fan tokens allow holders access to digital services and/or entitlements provided by their favorite teams. Token holders are able to influence their favorite teams in polls, earn rewards and VIP experiences, access games and competitions, and win exclusive prizes.
To celebrate another new trading experience for Bybit users, the crypto exchange is launching the fan tokens on Aug. 16. It features two promotions, each with a prize pool of 100,000 USDT. Users need to deposit or trade at least one of those seven fan tokens to join in the fun!
After registering via Bybit’s fan token campaign page, users who complete a trading volume of fan tokens of at least 100 USDT equivalent will be eligible to join the first promotion that runs from 10AM (UTC) on Aug. 19, 2022 to 10AM (UTC) on Sept. 2, 2022.
The second promotion, which runs on a similar timeframe, allows users who accumulate a net deposit volume of at least 100 USDT on Bybit’s Spot platform to receive an equal share of a 100,000 USDT prize pool.
“Bybit shares the core values of professional sports including integrity, teamwork, and a drive to be the best,” said Ben Zhou co-founder and CEO of Bybit. “Fan tokens are another addition to a long line of competitive events and sponsorships we have hosted, including our World Series of Trading, and ongoing partnership with Oracle Red Bull Racing. We’re always proud to be helping passionate fans connect with their teams and sporting idols.”
The fan tokens interact with Socios.com, the all-in-one fan influence and rewards app. They are minted on Chiliz Chain, which is used to handle smart-contract enabled partner voting, and processes transactions in a scalable, safe, and isolated blockchain ecosystem.
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About Bybit
Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR) and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.
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