GALFT

Galatasaray Fan Token price

GALFT
$2.28
+4.87%
1h
24h
1W
1M
1Y
All

Galatasaray Fan Token price live data

The current price of Galatasaray Fan Token is $2.28. Since 00:00 UTC, Galatasaray Fan Token has increased by +4.87%. It currently has a circulating supply of 6,113,723 GALFT and a maximum supply of 9,975,000 GALFT, giving it a fully diluted market cap of $13.95M. At present, Galatasaray Fan Token holds the 267 position in market cap rankings. The Galatasaray Fan Token/USD price is updated in real-time.

Galatasaray Fan Token price performance in USD

Time periodChange amount%Chg
Today$0.106 +4.87%
7 days-$0.26 -10.34%
30 days-$0.97 -29.78%
3 months-$0.81 -26.27%

Galatasaray Fan Token market information

24h low/high
The highest, lowest, and last prices in 24 hours
24h low$2.13
Last price $2.28
24h high$2.35
Heat index ranking
245
Market cap ranking
267
Market cap
$13.95M
Favorited rate
Percentage of users who favorited this asset to all users
0.22%
All-time high
$5.58
-59.11% (-$3.30)
Mar 11, 2024 (1 month ago)
All-time low
$1.44
+59.08% ($0.848)
Nov 10, 2022 (2 years ago)
ICO date
06/05/2020
ICO price
The price at which this crypto was first traded
$0.00
Circulating supply
The amount of this crypto that is publicly available in the market
6,113,723 GALFT
Market cap at circulating supply
Market cap = Circulating supply × Last price
$22.76M

About Galatasaray Fan Token (GALFT)

Galatasaray is a fan token representing an Istanbul-based professional football club. GALFT is the name and ticker symbol of the Galatasaray fan token. The Galatasaray football club is an Istanbul-based club that competes in UEFA Champions League, UEFA Europa League, Turkish Cup, and Super Lig competitions.

The Galatasaray club used the fan voting and rewards app, Socios.com, to launch their fan token that offers voting rights and other fan-oriented services. Sports fans can buy GALFT tokens using Chiliz (CHZ), the digital currency of the Socios.com platform. Additionally, the club hosted a fan token offering (FTO) to give fans an equal opportunity to purchase GALFT tokens at the initial price.

GALFT token holders can voice their opinions to the Galatasaray football club through binding and non-binding polls. Through binding and non-binding polls, GALFT token holders can voice their opinions and influence decisions made by the Galatasaray Club.

While the club must follow through with the final decision voted by fans in a binding poll, they are not obligated to fulfill popular fan opinions in a non-binding poll. Having more tokens leads to a more significant impact on the poll result. However, the club has limited the amount of GALFT tokens a fan can buy to ensure a fairer voting process.

GALFT tokens can also support other sports teams in the country, including basketball and Esports. The club believes this can increase fan engagement for sports outside of football.

GALFT price and tokenomics

The GALFT token has a total supply of 10 million tokens, with over 4 million circulating. Holding GALFT tokens gives owners the power to influence club decisions, actively engage with players, and enjoy exclusive access to various events and experiences.

While GALFT has a total supply of 10 million tokens, the specific distribution model and percentage allocation have not been explicitly specified. However, a significant emphasis is placed on allocating a larger percentage to the community, reflecting the club's objective of fostering active fan participation.

About the founders

The Galatasaray Fan Token team is led by Cem Küçük, a skilled computer engineer and entrepreneur with a strong background in blockchain development. In collaboration with Socios, Küçük launched the Galatasaray Fan Token as a means to empower the passionate fans of the esteemed football club. The team decided to use blockchain to increase fan engagement and create new revenue streams for the club.

Learn more about Galatasaray Fan Token (GALFT)

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GALFT FAQ

What is GALFT?

Galatasaray is a fan token on the Socios.com platform. It offers fans a unique opportunity to have a say on many club-related decisions. GALFT token holders also get exciting rewards for participating in polls and club campaigns.

How does GALFT work?

As a fan token, GALFT offers voting rights and club membership services. Fans can influence club decisions and increase engagement through binding and non-binding polls. Superfan token holders can also access in-person meets and VIP club memberships.

Where to buy GALFT tokens?

You can buy GALFT from OKX exchange. OKX offers the GALFT/USDT and GALFT/USDC trading pairs.

Before you begin trading with OKX, you need to create an account. Then, to trade GALFT/USDT or GALFT/USDC, click "Basic trading" under "Trade" on the top navigation bar.

If you do not have USDT or USDC, you may buy USDT or USDC with your preferred fiat before swapping it for GALFT in the trading terminal.

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