FC Barcelona Fan Token Price

FC Barcelona Fan Token (BAR) is a utility token created in collaboration between FC Barcelona and Chiliz, a global blockchain financial technology provider for the sports and entertainment industry. Fan tokens are digital assets that never expire, and provide their holders with an ability to vote in polls and participate in quizzes & contests published on the Socios app - a sports fan engagement platform developed by Chiliz and built on Chiliz Chain.

$BAR is the one and only official fan tokenof Barça that provides fans with a tokenized share of influence in the life of their favorite club. The token was created with the aim of bringing the community closer together and attracting a global audience by making it easier to interact with the soccer team.

The launch of the BAR token took place in June 2020, BAR offered its owners the right to participate in surveys related to the activities of FC Barcelona, plus the opportunity to earn unique prizes. Token holders vote using a smart contract, and FC Barcelona must take into account the outcome of the poll and implement the results.

Fan Tokens serve as a membership that allows users to compete for exclusive rewards and team recognition. Rewards include match tickets, exclusive fan experiences, Socios bonuses, club NFTsand digital badges. What's more, through BAR, members can purchase VIP goods / services, VIP access to stadiums and match tickets, and rare collectible items. Users can stake BAR for NFT rewards, and also gain access to the gamified utility.