Trabzonspor Fan Token (TRA) - GBP

£ 0.8265
Just now
(1.27%)
Market cap.
£ 8.26 M
Vol 24h
TRA 34,315.6 (£ 28,360.3)
Low/High 24h
£ 0.8081 - £ 0.8480
Open 24h
£ 0.8161
USD EUR JPY CNY BTC

Chiliz ($CHZ) is an ERC20 utility token on the Ethereum blockchain that serves as the digital currency for the chiliZ and Socios.com platform. In launching their platform, alongside other sports blockchain ventures, a new category of token has emerged — the Fan Token. Once onboard the Socios.com platform, yet to-be-announced club partners host what has been called a Fan Token Offering (FTO). Fans must purchase $CHZ via a cryptocurrency exchange in order to acquire Fan Tokens. These tokens — which are specific to a team or club — are a finite, digital asset that provide access to an encrypted ledger of voting and membership rights ownership.

One of the most decorated clubs in Turkish football history, Trabzonspor have won 6 Süper Lig titles and finished runners-up last season. The Trabzon-based club have also won the Turkish Cup 9 times and the Turkish Super Cup 8 times.

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