If you’re a fervent supporter of the Portuguese national football team, the Portugal National Team Fan Token (POR) is your golden ticket to extraordinary engagement! This cryptocurrency, operating on the innovative Chiliz platform, not only places you closer to the action but hands you the power to influence official team decisions. Imagine having a say in kit designs, team mottos, and even starting lineups—all while accessing exclusive content, VIP experiences, and unique rewards. With a circulating supply of over 3 million tokens and a promising trading volume, the POR Fan Token revolutionizes the way fans interact with their beloved team. Dive deeper to explore how this digital asset can transform your fan experience!

What is the Portugal National Team Fan Token?

The Portugal National Team Fan Token (POR) is a cryptocurrency that operates on the Chiliz platform, a leading blockchain provider for the sports industry. The token is designed to strengthen the connection between the Portuguese National Football Team and its millions of fans worldwide. By owning POR tokens, fans gain an active voice and decision-making power in various aspects related to the team.

Purpose and Utility

The primary purpose of the POR Fan Token is to create new ways of engaging and interacting with fans, offering them exclusive benefits, experiences, and rewards. These experiences include VIP access to home matches, signed memorabilia, watching matches with favorite legends, and even flying with the team to away matches.

The Socios.com app serves as a platform for Fan Token holders to influence official decisions, such as voting on kit designs, bus designs, team motto, and starting lineups. The weight of each fan's vote is determined by the number of Fan Tokens they own, allowing those with more tokens to have a greater impact on the outcome of polls.

Fan Tokens are digital assets that never expire, offering fans a unique membership experience with voting rights, unparalleled access to their team, and once-in-a-lifetime experiences. The POR Fan Token can be purchased directly from the Socios.com app using the in-app currency, $CHZ, which can be acquired using debit or credit cards.

Unique Features and Benefits

One of the primary advantages of $POR Fan Tokens is the ability for fans to impact the team by voting in polls. These polls cover a wide range of topics, from goal songs and team bus designs to motivational messages and kit numbers. By participating in these polls, fans can have a direct influence on their favorite team's decisions and feel more connected to the players and the organization.

Another significant benefit of $POR Fan Tokens is the opportunity to earn Fan Rewards. These rewards can include meet-and-greets with players, match tickets, merchandise, and other exclusive prizes. The Socios.com app, which hosts the $POR Fan Tokens, also serves as a hub for fans to connect with each other, share their passion for football, and engage in pre-match debates.

To purchase $POR Fan Tokens, users need to first acquire $CHZ, the native in-app cryptocurrency, and then exchange it for $POR Fan Tokens within the Socios.com app. The more $POR Fan Tokens a user owns, the greater their influence will be on the team and the greater Fan Rewards they can access.

Tokenomics and Distribution Model

The Portugal National Team Fan Token (POR) is a blockchain-based digital asset that enables fans of the Portuguese national football team to engage with the team and fellow supporters in unique ways. The token operates on the Chiliz blockchain, which is a leading blockchain platform specializing in fan engagement solutions for sports and entertainment. POR is an ERC-20 token with a limited supply of 20 million tokens, adding to its appeal and potential for scarcity as it gains popularity among fans and collectors.

Token Supply and Circulation

As of the latest data, the circulating supply of POR tokens is 3,322,356, and the total supply is 20,000,000. The price of POR has seen significant fluctuations, reflecting the dynamic nature of the cryptocurrency market. The fully diluted valuation (FDV) of POR is a statistical representation of the maximum market cap, assuming the maximum number of 20 million POR tokens are in circulation today.

Revenue Allocation and Fan-Centric Initiatives

A share of the revenue generated from the sale of POR tokens is dedicated to fan-centric initiatives, facilitating various fan engagement activities and community-driven projects. The team did not disclose the specific breakdown of the POR token distribution, but a portion of the tokens is allocated to initial sales and strategic partnerships, contributing to the ecosystem's long-term sustainability and expansion.

Mechanisms to Control Inflation

While specific mechanisms to control inflation, such as token burning or staking rewards, are not explicitly mentioned, it is known that part of Fan Tokens can be burned following each victory, which makes them more scarce and drives up their price. This mechanism could potentially control inflation by reducing the token supply.

The Team Behind the Portugal National Team Fan Token

The Portugal National Team Fan Token (POR) is a cryptocurrency token that operates on the Chiliz platform. It is a fan token for the Portuguese National Football Team, which allows fans to engage with the team in various ways, such as voting on official decisions, accessing exclusive experiences, and earning rewards. The token is designed to bring fans closer to the team and provide them with an active voice in the decision-making process.

Core Team Members

The team behind the Portugal National Team Fan Token is Socios.com, a company that specializes in creating fan tokens for sports teams and organizations. Socios.com has partnered with the Portuguese National Football Team to launch the $POR Fan Token, which is available for purchase on the Socios.com app using the in-app currency $CHZ.

Alexandre Dreyfus: Founder and CEO of Socios.com

Alexandre Dreyfus has extensive experience in the blockchain and sports industries. He has previously founded several successful companies, including Chiliz, the blockchain platform that powers the Socios.com app.

Nuno Moura: Chief Marketing Officer of the Portuguese Football Federation (FPF)

Nuno Moura is responsible for overseeing the marketing and branding efforts for the Portuguese National Football Team. He has played a key role in the partnership between the FPF and Socios.com and has been instrumental in the launch of the $POR Fan Token.

Edgar Martins: Chief Technology Officer of Socios.com

Edgar Martins is responsible for overseeing the technical aspects of the Socios.com app and the Chiliz blockchain platform. He has extensive experience in the technology industry, having previously worked for several leading tech companies.

Notable Advisors, Partners, and Investors

The Portugal National Team Fan Token project has established partnerships with various sports entities, including the Portuguese National Football Team, to provide fans with unique experiences and engagement opportunities. The token's performance in October could be propelled by a decision coming from the Securities and Exchange Commission next Friday. However, the specific details of this decision and its potential impact on the token's performance are not provided in the search results.

Market Data and Performance

The Portugal National Team Fan Token has shown positive price performance and significant trading volume, reflecting its popularity among fans and investors. Here are some key statistics:

• Current Price: $3.3835
• Market Cap: $11,241,154.28
• 24h Price Change: 31.40%