Kriptoks

The Barcelona Fan Token, or BAR, is a unique digital asset that is exclusively sanctioned by Barcelona FC. This Fan Token provides fans with the opportunity to engage and influence their favorite team like never before. With the Barcelona Fan Token, fans worldwide can access exclusive experiences, earn official merchandise, and much more.

The BAR token operates on the Chiliz Chain, which is a PoA sidechain powered by Ethereum. PoA is a consensus algorithm that utilizes a reputation-based system to offer an efficient solution for blockchain networks. Socios.com, the all-in-one app for sports fan engagement, helps sports organizations to achieve their digital transformation goals through blockchain technology. This platform allows Barcelona FC fans to have a voice in club decisions by using their Fan Tokens. The club can conduct a poll, but the final decision lies in the hands of the fans. In the past, Fan Token holders of other clubs have cast their votes on various matters such as kit designs, team mottos, and even starting XIs.

In addition to having a say in club decisions, holders of the BAR Fan Token enjoy VIP access to all home league, cup, and European matches. Fans can be treated to an unforgettable experience such as a trip with the team to an away match or even meet their favorite club legend. Through the Socios.com app, fans can also earn Fan Rewards by participating in quizzes, games, and club decisions.

The BAR token was first made available to fans in June 2020, through a flash sale that was held across Chiliz.net and Socios.com. This flash sale saw over $6M being deposited in just one day, far exceeding the limited supply of 600,000 $BAR Fan Tokens. The tokens were sold in 106 countries and were made available on a first-come, first-serve basis. The total supply of the BAR token is 40 million.

In conclusion, the Barcelona Fan Token is a unique digital asset that offers fans an unparalleled experience and the opportunity to have a say in club decisions. With the Socios.com app and the PoA-powered Chiliz Chain, fans can engage and influence their favorite team, earn rewards, and enjoy exclusive experiences.