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Clube Atlético Mineiro Fan Token (GALO) is a cryptocurrency operating on the Chiliz platform. It has a current supply of 10,000,000 GALO tokens, with 1,852,729 in circulation. The latest price of GALO is $0.36595202 USD, showing a decrease of -4.87% in the last 24 hours. GALO is currently traded on three active markets, with a total trading volume of $22,631.36 in the past day. For more information, visit https://www.atletico.com.br/.

Issue Time
1970/01/01
Initial Price
US $ --
Circulation/Max
1.85M/
Dominance
0.00%
ROI --%
$0.00000000$2.83650921
Low · 2021/11/292021/11/29 · High

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What is the description of the Coin?

The GALO Fan Token allows Clube Atlético Mineiro fans to have a tokenized share of influence on club decisions. These tokens can be purchased through the consumer-facing platform, Socios.com. Fans can engage in a wide variety of club decisions, such as choosing a goal celebration song or deciding which MMA fighters should face off. By participating, fans can earn rewards and money-can't-buy experiences, including the opportunity to meet and greet with players of their favorite club and receiving VIP treatment at their favorite stadium. To obtain Fan Tokens, fans must purchase Chiliz (CHZ) Tokens via Socios.com, which can then be used to buy GALO Fan Tokens.

Fan Tokens are initially sold in a Fan Token Offering (FTO). FTOs are the initial sale of Fan Tokens at a fixed price, similar to flash sales. They are designed to be a fair way for new partnerships to launch Fan Tokens on the Socios.com platform at a discount. Before being listed on the world's first tokenized sports and entertainment exchange, Chiliz.net, a proportion of the total Fan Token supply is made available to users during pre-launch. This enables dedicated fans to gain early access prior to Fan Token launches, which will eventually be made accessible to everyone.

The Socios.com platform has partnered with some of the biggest sports organizations in the world to launch their Fan Tokens. These partnerships include major European soccer teams like FC Barcelona, Paris Saint-Germain, Juventus, AC Milan, Manchester City, as well as MMA giant UFC, NASCAR Roush Fenway Racing, NHL New Jersey Devils, Formula One Aston Martin, and the Argentine Football Association.

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