Club Atletico IndependienteCAI
$5.30
Market/Exchange
CAI Price Prediction and Price Movement
CAI has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that CAI's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if CAI is backed by a solid development team and whether CAI's technology has any potential to grow.
Please note that this analysis is purely base on CAI's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Club Atletico Independiente Price Chart
About Club Atletico Independiente
What are Fan tokens?
Tokens are generally assets that can represent proof of ownership or even membership. As tokens are already being used for a wide range of purposes, many specialized blockchains have been developed with native intent to support tokens, the most common of which is currently Ethereum and their ERC standard tokens. Socios.com is an app primarily for football (soccer) fans, where users acquire voting rights to influence the clubs they support by acquiring club-specific Fan tokens.
How do Fan tokens work?
Chiliz ($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.
About Club Atletico Independiente
Independiente are among the most successful football clubs of all time, having won 21 International competitions throughout their history, including a record 7 Copa Libertadores. The Argentine side are also the only team to win South America’s biggest club competition four times in a row – a feat they achieved between 1972 – 75. Their most recent success came in the Copa Sudamerica, with the Avellaneda-based team winning the trophy in 2017.