Market Cap
$1,217,971.0
Fully Diluted Valuation
$3,079,965.2
24 Hour Trading Vol
$178,188.4
Circulating Supply
11,863,488.0
Total Supply
30,000,000.0
Max Supply
30,000,000.0
Flamengo Fan Token Price
$0.103
24h Range
$0.100 - $0.103
Percent Change 1h
0.14%
Percent Change 24h
0.68%
Percent Change 7d
3.7%
All-time high
$0
All-time low
$0
1D
7D
1M
1Y
All
Flamengo Fan Token (MENGO) is a digital asset that allows fans of the Clube de Regatas do Flamengo, one of Brazil's most popular football clubs, to engage more actively with their team. Launched on the Socios.com platform, MENGO enables supporters to participate in club decisions, access exclusive content, and enjoy various rewards. The token operates on the Ethereum blockchain, ensuring transparency and security. With a fixed supply of 20 million tokens, MENGO facilitates fan voting on club-related matters, such as jersey designs and matchday experiences, thus enhancing fan engagement and loyalty.
The Flamengo Fan Token was developed in collaboration with Socios.com, a blockchain-based platform founded by Alexandre Dreyfus. Dreyfus has a background in tech and sports, having previously launched successful ventures in the online gaming and sports industries. The collaboration between Flamengo and Socios.com aims to leverage blockchain technology to transform fan engagement in sports, creating a new revenue stream for the club while empowering fans with a voice in club decisions.
MENGO operates on the Chiliz blockchain, which specializes in enabling sports and entertainment entities to create their own tokens. Fans can purchase MENGO tokens through the Socios.com app, using them to vote on various club decisions, interact with other fans, and unlock rewards. Each token typically costs around $2 to $3, depending on market fluctuations. The voting power of each token varies, allowing fans to influence decisions proportionately to their holdings. Additionally, MENGO holders can earn rewards such as VIP access to games, exclusive merchandise, and unique experiences with the team.
1. Voting Rights: MENGO holders can participate in polls to influence decisions like the design of team jerseys, the choice of matchday songs, and other club-related initiatives.
2. Exclusive Access: Token holders gain access to exclusive content, including behind-the-scenes footage, interviews, and special events, enhancing their connection with the team.
3. Rewards and Incentives: Fans can redeem MENGO tokens for rewards such as discounts on merchandise, ticket upgrades, and meet-and-greet opportunities with players.
4. Fan Engagement: MENGO fosters a deeper relationship between the club and its supporters, creating a community where fans feel valued and heard.
5. Trading: MENGO can be traded on various cryptocurrency exchanges, providing liquidity and allowing fans to buy or sell their tokens based on market demand.
1. Use Trusted Wallets: Store your MENGO tokens in reputable wallets that support ERC-20 tokens, such as MetaMask or Ledger hardware wallets, to enhance security.
2. Enable Two-Factor Authentication: If using the Socios.com app or any exchange, enable two-factor authentication (2FA) to add an extra layer of security.
3. Avoid Phishing Scams: Be cautious of links and emails claiming to be from Socios.com or other exchanges. Always verify the source before entering personal information.
4. Keep Software Updated: Regularly update your wallet and any related software to protect against vulnerabilities.
5. Diversify Storage: Consider storing larger amounts of MENGO tokens in hardware wallets while keeping smaller amounts in exchange wallets for trading purposes.
Investing in Flamengo Fan Token (MENGO) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Flamengo Fan Token: Once your account is funded, you can purchase Flamengo Fan Token directly from the exchange. Choose the desired amount and complete the transaction.
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Flamengo Fan Token (MENGO) is currently trading at $0.103 and exhibits good potential for future growth. Check the latest Flamengo Fan Token (MENGO) price prediction.
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