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FC Porto Fan Token PORTO Price

$1.03

1.94%

$1.00

24h Range

$1.04

Market Cap

$11,675,509.4

Fully Diluted Valuation

$41,226,330.2

24 Hour Trading Vol

$2,702,918.4

Circulating Supply

11,328,206.4

Total Supply

40,000,000.0

Max Supply

40,000,000.0

Info

PORTO Price Statistics

FC Porto Fan Token Price

$1.03

24h Range

$1.00 - $1.04

Percent Change 1h

-0.07%

Percent Change 24h

1.94%

Percent Change 7d

9.47%

All-time high

$0

All-time low

$0

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About FC Porto Fan Token

What is FC Porto Fan Token (PORTO)?

The FC Porto Fan Token (PORTO) is a digital asset created for the fans of FC Porto, a Portuguese professional football club. It is built on the Chiliz blockchain platform, which specializes in creating fan engagement tokens for sports and entertainment industries. The PORTO token allows fans to participate in various club-related activities, such as voting on specific club decisions, accessing exclusive content, and receiving rewards. Launched in March 2021, the PORTO token has gained popularity among fans, providing them with a way to engage more deeply with their favorite club.

Who are the Founders of FC Porto Fan Token?

The FC Porto Fan Token is developed by the Chiliz company, founded by Alexandre Dreyfus in 2018. Dreyfus, a well-known entrepreneur in the sports and blockchain sectors, aimed to revolutionize fan engagement through blockchain technology. Chiliz operates Socios.com, a platform where fans can purchase and trade fan tokens for various sports teams, including FC Porto. The collaboration between FC Porto and Chiliz has allowed the club to tap into a new revenue stream while enhancing the fan experience.

How does FC Porto Fan Token Work?

The FC Porto Fan Token works by allowing fans to buy, sell, and trade PORTO tokens on the Socios.com platform. Fans can acquire these tokens using cryptocurrency or fiat currencies. Once they possess PORTO tokens, fans can participate in polls and votes that influence club decisions, such as jersey designs or matchday experiences. The token also grants access to exclusive rewards, merchandise, and experiences, including the opportunity to meet players or attend private events. The use of smart contracts on the Chiliz blockchain ensures transparency and security in all transactions and interactions.

Top Use Cases of FC Porto Fan Token

  • Voting Rights: PORTO token holders can vote on club-related decisions, enhancing engagement.
  • Exclusive Content: Token holders gain access to unique content, such as behind-the-scenes videos and interviews.
  • Rewards and Prizes: Fans can earn rewards, including signed merchandise and tickets to matches.
  • Fan Experiences: Opportunities to attend special events, meet-and-greets with players, and other exclusive experiences.
  • Trade and Exchange: Fans can trade their PORTO tokens on various cryptocurrency exchanges, adding liquidity and value.

How to Keep your FC Porto Fan Token Safe?

To keep your FC Porto Fan Token safe, follow these essential security practices:

  • Use a Secure Wallet: Store your PORTO tokens in a reputable cryptocurrency wallet that supports the Chiliz blockchain. Hardware wallets are recommended for higher security.
  • Enable Two-Factor Authentication (2FA): Activate 2FA on your Socios.com account and any exchange where you hold PORTO tokens to add an extra layer of security.
  • Keep Private Keys Safe: Never share your private keys or seed phrases with anyone. Store them in a secure, offline location.
  • Beware of Phishing Scams: Always check the website URL and ensure you are on the official Socios.com platform to avoid falling victim to scams.
  • Regularly Update Software: Keep your wallets and software up to date to protect against vulnerabilities.

How to Invest in FC Porto Fan Token (PORTO)?

Investing in FC Porto Fan Token (PORTO) or any other cryptocurrency involves several steps:

1Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4Buy FC Porto Fan Token: Once your account is funded, you can purchase FC Porto Fan Token directly from the exchange. Choose the desired amount and complete the transaction.

Investing in FC Porto Fan Token (PORTO) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in FC Porto Fan Token using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for FC Porto Fan Token (PORTO) in the Long Term?

FC Porto Fan Token (PORTO) is currently trading at $1.03 and exhibits good potential for future growth. Check the latest FC Porto Fan Token (PORTO) price prediction.

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