$ 0.4236 USD
$ 0.4236 USD
$ 2.373 million USD
$ 2.373m USD
$ 162,944 USD
$ 162,944 USD
$ 915,717 USD
$ 915,717 USD
5.475 million SAUBER
Issue Time
2021-07-08
Platform pertained to
--
Current price
$0.4236USD
Market Cap
$2.373mUSD
Volume of Transaction
24h
$162,944USD
Circulating supply
5.475mSAUBER
Volume of Transaction
7d
$915,717USD
Change
24h
0.00%
Number of Markets
6
Current Rate0
0.00USD
3H
0.00%
1D
0.00%
1W
0.00%
1M
-7.89%
1Y
-23.87%
All
-92.96%
Aspect | Information |
---|---|
Short Name | SAUBER |
Full Name | Alfa Romeo Racing ORLEN Fan Token |
Founded Year | 2018 |
Main Founders | Socios.com, Alfa Romeo Racing ORLEN, Sauber Motorsport |
Support Exchanges | Gate.io, MEXC, Paribu, Chiliz, ICRYPEX |
Storage Wallet | Socios.com Wallet, Chiliz Wallet |
Contact | Address, Email, Social media |
Alfa Romeo Racing ORLEN Fan Token (SAUBER) is a type of cryptocurrency developed in relation to the partnership between the Alfa Romeo Racing ORLEN team, part of the Sauber Motorsport organization, and a blockchain platform called Socios.com. The Fan Token is used to amplify fan engagement by offering token holders a certain level of influence over club decisions through a voting mechanism. Additionally, tokens can be used for rewards and exclusive content. It operates on the Chiliz blockchain, a sport-based digital currency platform, and can be traded on various cryptocurrency exchanges. The supply of SAUBER tokens is limited, which creates a dynamic marketplace based on supply and demand.
Pros | Cons |
---|---|
Engages fans in team decisions | Limited to the fan base of Alfa Romeo Racing ORLEN |
Accessible on major exchanges | Value tied to performance and popularity of a single sports team |
Opportunities for rewards and exclusive content | Possibility of low liquidity due to limited user base |
Works on a sports-centric blockchain (Chiliz) | Risk exposure to the fluctuations of market dynamics |
Pros:
1. Engages fans in team decisions: The SAUBER token is designed to provide holders with a degree of influence in making decisions related to the Alfa Romeo Racing ORLEN team. This can deepen fans' bond to the team and enrich their overall experience.
2. Accessible on major exchanges: The token is listed on various major exchanges such as MEXC, Chiliz.net, and Paribu. This broad availability makes it easier for fans or investors to obtain the token.
3. Opportunities for rewards and exclusive content: Holding SAUBER tokens may come with perks like exclusive content or rewards, further incentivizing fan engagement and participation.
4. Works on a sports-centric blockchain (Chiliz): Operating on the Chiliz blockchain, a platform specifically designed for sports-related digital currencies, allows SAUBER to benefit from specialized features tailored to its use case.
Cons:
1. Limited to the fan base of Alfa Romeo Racing ORLEN: The token's use and value are intrinsically tied to the fanbase of the Alfa Romeo Racing ORLEN team. If the team's popularity wanes or the fanbase shrinks, the token could be adversely affected.
2. Value tied to performance and popularity of a single sports team: Similar to the point above, the token's value is heavily influenced by the team's performance and popularity level. Poor performance or negative publicity could cause the token's value to decrease.
3. Possibility of low liquidity due to limited user base: As the token is primarily intended for a specific fanbase, this could result in a small pool of potential traders. This limited user base might lead to less liquidity in trading the tokens, presenting potential difficulties for buying or selling in certain market conditions.
4. Risk exposure to the fluctuations of market dynamics: Like all cryptocurrencies, the value of SAUBER tokens can be highly volatile and subject to the ups and downs of broader market conditions. This unpredictability and exposure to risk could deter some potential investors or holders.
Alfa Romeo Racing ORLEN Fan Token (SAUBER) represents an innovative amalgamation of sports fandom and digital currency. Unlike standard cryptocurrencies, fan tokens like SAUBER create a platform for active fan engagement, giving token holders a chance to participate in club-related decisions through a voting mechanism.
This injects an element of participatory democracy into sports fandom, taking it beyond merely supporting a team and towards influencing aspects of its operations. For the Alfa Romeo Racing ORLEN team, this is done through polling on Socios.com, where holders can take part in voting on various matters.
In contrast to other cryptocurrencies, which are usually general-purpose, the SAUBER token is designed with a specific community (the Alfa Romeo Racing ORLEN fans) and use-cases (like voting and rewards) in mind. Furthermore, SAUBER operates on the Chiliz blockchain, which is unique to sports-based digital currencies, setting it apart from cryptos that run on more general-purpose blockchains.
However, like other cryptocurrencies, SAUBER is susceptible to market volatility and its value can fluctuate based upon supply and demand. It can also be stored in digital wallets and traded on cryptocurrency exchanges.
The Alfa Romeo Racing ORLEN Fan Token (SAUBER) operates on a principle of fan engagement for sports enthusiasts. Built on the Chiliz blockchain, a platform designed specifically for sports and entertainment purposes, SAUBER tokens provide fans with a way to interact with the Alfa Romeo Racing ORLEN team.
The working mode of SAUBER token is primarily twofold. On one hand, it works as a medium of exchange on various cryptocurrency exchanges. Users can buy, sell or trade these tokens on supported platforms, with its value subject to market dynamics like supply and demand.
On the other hand, it also functions as a tool for fan engagement. Token holders get to participate in decision-making processes related to the team through voting rights. The voting occurs on the Socios.com platform, where various polls are conducted. Fans can cast their votes based on the number of tokens they hold. In this way, SAUBER tokens work as a vehicle for democratic participation in aspects of team operations.
In addition to voting rights, holders of SAUBER tokens can also access various rewards and exclusive content related to the team, adding another element to the fan engagement strategy. Hence, this functional duality of being a cryptocurrency and a fan engagement tool is the key working principle of SAUBER tokens.
The circulating supply of SAUBER tokens currently rests at 1,659,938 which equates to about 16.6% of the total supply. This indicates that there is a notable amount of SAUBER tokens actively available in the market.
The total and maximum supply of SAUBER tokens is identical, set at 10,000,000 tokens. This implies that no more SAUBER tokens will be created beyond this cap, therefore providing a limit on the possible dilution of value for token holders.
If all tokens were in circulation, the fully diluted market cap, which is the market cap if all coins were in circulation, would stand at $5,613,058. This data provides a snapshot of the distribution of the SAUBER tokens, demonstrating a clear perspective of the potential overall market value if all tokens were to be released into circulation.
As such, it's a crucial metric for investors to assess the market potential and the future price trajectory of the SAUBER token.
Alfa Romeo Racing ORLEN Fan Token (SAUBER) can be purchased from a range of cryptocurrency exchanges. Here are some of these exchanges, along with the details of their supported currency pairs:
1. MEXC: MEXC is a Singapore-based cryptocurrency exchange that offers spots, margin, ETF, futures, and leveraged ETF options. The platform is known for its low fees, safety, and excellent customer service.
2. Chiliz.net: As the token operates on the Chiliz blockchain, Chiliz.net naturally supports SAUBER transactions. The main pairing on this exchange is SAUBER/CHZ (Chiliz), which means users can directly trade between SAUBER and the native Chiliz token.
3. Paribu: The Turkey-based exchange, Paribu, supports SAUBER trading. It offers the SAUBER/TRY pair, which allows users to trade SAUBER with the Turkish Lira directly.
4. Gate.io: This exchange offers a SAUBER/USDT trading pair, allowing users to trade the SAUBER tokens against the USDT stablecoin.
5. ICRYPEX: ICRYPEX provides a robust platform for trading digital assets, which also support SAUBER trading.
Remember, each platform has its own processes and requirements for executing trades. Users should familiarize themselves with the rules and fees of the respective exchanges before initiating any transactions.
The Alfa Romeo Racing ORLEN Fan Token (SAUBER) as a cryptocurrency can be stored in digital wallets. These wallets provide a way for individuals to manage, receive, and send cryptocurrencies securely. Given that SAUBER is based on the Chiliz blockchain, wallets that support this platform would be the most appropriate for storing SAUBER tokens.
Below are some of the wallet types and specific wallets that you can use to store SAUBER tokens:
1. Socios.com Wallet: As the prime platform that facilitates fan interactions for token holders, Socios.com also provides their own digital wallet. You can store, manage, and make use of your SAUBER tokens directly within the app.
2. Chiliz Wallet: The native wallet provided by the Chiliz platform can also be used to store and manage SAUBER tokens. It supports all tokens based on the Chiliz blockchain.
Remember: Always ensure that whatever wallet you choose is from a reputable source and offers adequate security features to protect your digital assets.
The Alfa Romeo Racing ORLEN Fan Token (SAUBER) is largely aimed at fans of the Alfa Romeo Racing ORLEN team who wish to engage more directly with the team and participate in club related decisions. These tokens can be particularly attractive to those who are fond of the intersection between sports, fandom, and digital currencies.
Moreover, it can be of interest to speculative investors who are looking to diversify their portfolio with sports-oriented tokens. As with any cryptocurrency, purchasing SAUBER tokens might offer financial gains if the value of the token rises over time.
Prospective purchasers should however note a few key considerations:
1. Market Volatility: Like all cryptocurrencies, the value of SAUBER can fluctuate significantly due to market dynamics. Buyers should be prepared for potential losses and avoid investing money they cannot afford to lose.
2. Limited User Base: The appeal of SAUBER may be limited to fans of the Alfa Romeo Racing ORLEN team. This implies that the token's market growth could be constrained by the size of the team's fanbase.
3. Dependence on Team Performance: The value of the token could be tied to the teams performance and popularity, which introduces an additional layer of uncertainty.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is continually evolving. Potential regulatory changes could impact the value and feasibility of the token.
5. Security: Buyers should ensure they store their tokens in a secure digital wallet to avoid potential theft.
It is recommended that prospective buyers conduct their own due diligence and consider their financial situation, risk tolerance, and investment objectives before deciding to purchase SAUBER tokens.
The Alfa Romeo Racing ORLEN Fan Token (SAUBER) is a unique cryptocurrency designed to amplify fan engagement for the Alfa Romeo Racing ORLEN team. It operates on the Chiliz blockchain, a sports-focused digital currency platform, and provides token holders with certain influence over club decisions. It also offers exclusive content and rewards.
The token's development prospects hinge on many factors including the popularity and performance of the team, the growth and engagement of the fanbase, and the general acceptance of fan tokens. As there are currently a limited number of similar tokens, SAUBER could potentially provide a novel investment opportunity in the sports-marketing industry.
As with any cryptocurrency, the potential to make money through appreciation of the token value exists. However, this is subject to market volatility and is influenced by the teams performance and popularity. Therefore, while there is a potential for both appreciation and depreciation, it is important for potential investors to understand the risks involved and consider their own financial situation when investing in SAUBER tokens.
Q: What exactly is the Alfa Romeo Racing ORLEN Fan Token (SAUBER)?
A: SAUBER is a special type of cryptocurrency developed to promote fan engagement by giving token holders influence over team decisions, rewards, and exclusive content related to the Alfa Romeo Racing ORLEN team.
Q: On what blockchain does SAUBER operate?
A: SAUBER operates on the Chiliz blockchain, a digital currency platform explicitly designed for sports and entertainment.
Q: Where can traders buy and sell SAUBER tokens?
A: SAUBER tokens can be traded on several cryptocurrency exchanges including Gate.io, MEXC, Paribu, Chiliz, and ICRYPEX.
Q: How can I store SAUBER tokens?
A: SAUBER tokens can be stored in digital wallets that support the Chiliz blockchain, such as the Socios.com Wallet and the Chiliz Wallet
Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.
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