Top 3 National Fan Tokens for FIFA World Cup Qatar 2022

In two weeks, the World Cup will begin. This major event occurs every four years, and this year it is held in Qatar. I'm sure you've got the best jerseys and chants to show your support. You may be wondering what is football's relationship to cryptocurrencies?

In fact, quite a bit! With the rapid adoption of cryptocurrencies, the number of cryptosponsors, and the incorporation of crypto into everyday life, it is unsurprising that the World Cup cannot avoid crypto. FIFA and cryptocurrency fans are also gearing up to support their favorite teams in multiple ways - Fan Tokens! Fan tokens are digital assets that grant their owners access to a variety of sports organizations' services and facilities.

In the past 24 hours, fan tokens of the Brazil National Fan Token (BFT), Argentine Football Association Fan Token (ARG), and Portugal National Team Fan Token (POR) have rallied 26.35%, 14.64% and 16.37%, respectively, according to data source CoinCarp Fan Token List.

What is Fan Tokens?

To obtain Fan Tokens, fans must first purchase them on a cryptocurrency exchange. These team or club-specific tokens are a finite digital asset that provide access to an encrypted ledger of voting and membership rights ownership. Ownerships allows fans to participate in fan-led decisions via a mobile voting platform, as well as serve as a ticket into a secure, exclusive inner circle of fans who share common interests and beliefs. The more tokens a fan has and the more votes they cast, the higher their clout rating, which moves them up through different reward tiers until they have access to the best VIP benefits available.

For instance, holders of the Peruvian Token can interact with team players on the Bitci Fan Token Platform, receive fan rewards and digital collectibles, gain access to locker rooms, and watch the game from VIP areas.

Top 3 National Fan Token

With the FIFA World Cup 2022 approaching, the fan token crypto market is becoming increasingly active. So, which five teams have the best performing fan tokens that the public market is interested in?

Brazil National Fan Token (BFT)

The five-time World Cup winner and FIFA's No. 1 Brazil team announced the final list of 26 players for national team in Qatar. They have the world's top players at many positions, so Brazil is also considered to be one of the biggest favorites to win this World Cup. According to statistics, the total worth of the Brazilian team is as high as 1.137 billion euros. The performance of their tokens - Brazil National Fan Token (BFT) is also nothing short of amazing. They have a market cap of $80.48M with a 24 hours trading volume of $598K. They are currently pegged at $0.7982, up 32.66% in the last 24 hours(at the time of writing)

Argentine Football Association Fan Token (ARG)

Lionel Messi will be a man on a mission at the 2022 FIFA World Cup in Qatar, and Argentina will be there to support him. The 35-year-old legend is attempting to complete his legendary career by winning the sport's most prestigious trophy, which has eluded him in four previous attempts. He's already stated that this will be his final World Cup. The price of Argentine Football Association Fan Token (ARG) is $6.37, 77.30% of their all time high of $8.24.

Portugal National Team Fan Token (POR)

Portugal has one of the strongest squads for the World Cup this year, with tremendous depth. This will be one of Ronaldo's best chances to lead his team to immortality. The 37-year-old has the most caps (191) and goals (117) in the history of the international team, and he will captain Fernando Santos' team in Qatar, as expected. Portugal National Team Fan Token (POR) has the highest trading volume of $1.30M in 24 hours and a market cap of $8.94M. They are pegged at $4.46 with an all time high of $6.55.

The FIFA World Cup Qatar 2022 will take place between November 20 and December 18, with 32 national teams competing in 64 matches to determine a winner. In the coming weeks, the soccer fan token market is likely to become more active than ever. Perhaps it will evolve into a digital substitute for sports betting, with coins associated with "fan favorite" teams appreciating more than others.