Santos FC enters the Web3 game with its Fan Token

Santos FC will give its fan token holders more options by entering a Web3 gaming environment, with NFTs and metaverse. Data from CoinMarketCap, this Tuesday (11), shows that the club’s token is the seventh most valuable in the world in the category.

In addition, the price of the Santos FC phantom token is up 10% in the market in the last 24 hours, reaching US$5.29 per unit.

Santos FC fantoken is the seventh largest by market value in the fan collectibles category
Santos FC fan token is the seventh largest by market value in the fan collectibles category. Credit: CoinMarketCap.

To launch its novelty, Santos FC has published on its website that it has entered into a partnership with the company TOPGOAL. While the publication indicates that the new game has a partnership with Binance Fan Token, Livecoins, the latter denies any relationship with the novelty.

In any case, the case apparently caught the attention of the project’s investors, who saw another rise in the price of $SANTOS.

How does Santos FC’s partnership to enter your fan tokens into a Web3 game work?

According to the press release, Santos FC’s partnership with TOPGOAL is the first by a football club with the Web3 Gaming ecosystem. Santos’ goal is to improve the utility of his Fan Token by developing a Football Meta Club and a Footballcraft.

In addition, the note indicates that the solution must use blockchain in combination with artificial intelligence. Going forward, the novelty should create new digital experiences for fan token holders, as well as entertainment for the club and its fans.

According to the Web3 company, this is the first step in integrating Brazil’s passion for football into its digital initiative. For 2023, the partnership focuses on three main focuses, the first being the integration of Santos Fan Token with TOPGOAL.

For example, fans and investors of Santos FC can play TopManager, a 3D football game that rewards players in $GOAL cryptocurrency.

In the third quarter of 2023, the “Alvinegro Praiano” phantom token will be included in TOPGOAL Footballcraft, a football multiverse similar to The Sandbox and a 12x accelerated virtual football world.

Santos FC is getting a stadium in the metaverse

Another novelty that promises to grab fans’ attention is the new Santos FC stadium, this time in the metaverse. In addition, the club will receive a personalized kit in the virtual environment, which should receive immersive travel, competitions and tournaments.

Santos will be able to hold tournaments in the area itself and get even closer to the fans with digital initiatives. Another novelty that should take place is the launch of more NFTs for fans, in collaboration with Santos, who will be able to collect more with his fans.

It is still not clear until when the contract between the parties will be concluded, but it shows a promising initiative for fan tokens to get use cases on Web3.

Listed on Kucoin, OKX, and GateIO, the TOPGOAL (GOAL) token is up 20% in the past 24 hours, trading at $0.2 per unit.

Source: Live Coins

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