{"id":338126,"date":"2022-07-25T22:17:30","date_gmt":"2022-07-26T02:17:30","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=338126"},"modified":"2022-07-25T22:19:08","modified_gmt":"2022-07-26T02:19:08","slug":"liverpool-launches-fan-tokens-enabling-fans-acquire-nfts-players","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/liverpool-launches-fan-tokens-enabling-fans-acquire-nfts-players","title":{"rendered":"Liverpool Launches Fan Tokens, Enabling Fans Acquire NFT Players"},"content":{"rendered":"
Liverpool FC, a professional football club based in Liverpool, England, has successfully launched its digital currency to allow its fans to purchase non-fungible token players. Liverpool intends to use fan tokens to bring fans closer to their favorite club and athletes.<\/p>\n
In a July 25 press release, the English premier league football club announced the successful launch of its digital currency dubbed $LFC. The new fan token will allow sports enthusiasts to purchase NFT players, among other functionalities.<\/p>\n
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By description, fan tokens are the form of a pass to the team. Unlike other memberships, fan tokens have no expiry. Sports fan can use their fan tokens to acquire non-fungible token avatars and list them on other digital asset exchange platforms.<\/p>\n
Liverpool has unleashed an exclusive limited collection of 6,000 unique NFTs. These digital collectibles will give holders exclusive access to the game as each NFT will represent a character \u201cavatar\u201d playable in the club.<\/p>\n
The newly launched fan token will implement a staking product so that $LFC holders can earn passive profits with high APY. The staking protocol pool will include LFC, LFC\/BNB, and LFC\/BUSD.<\/p>\n
Liverpool also features token-based on BSC and contract address verifiable on the BSC scan. The BSC dual-chain architecture will empower users to build the decentralized app and digital assets on the blockchain.<\/p>\n
The newly launched digital currency will also serve as a community fan token, giving users rights to control the direction of an NFT player in Liverpool. Users will integrate their digital assets with other decentralized exchanges and enjoy enhanced privacy.<\/p>\n
However, Liverpool fan tokens come with a 5% buy and 5% sell tax. This tax will revert on marketing and buying back of $LFC tokens. Interestingly, the Liverpool fan token scores 100\/100 on the sniffer index since it has no dangerous functions hidden in its source.<\/p>\n
Liverpool anticipates leveraging its new digital currency ($LFC) to bring fans closer to their favorite players while generating revenues from it in the other digital non-fungible token marketplaces.<\/p>\n