Fan Token burning is a thrilling process that involves permanently removing a specific amount of a particular Fan Token from circulation, all with the goal of making your team’s tokens even more valuable.
Burning is a very common practice in crypto, and is simply a way to reduce the circulating supply of a Fan Token meaning the tokens become more scarce.
We’re doing this to show our appreciation to our loyal community since as you know when you hold a Fan Token, you’re not just a passive supporter – you’re an active participant in the team’s success! Naturally, the Fan Tokens you hold will be safe from the fire.
Fan Token burning on big European Nights
Our commitment is to burn Fan Tokens each time one of our partner teams playing in Europe’s main club competition scores a goal or wins a game. We’ll do this for the remainder of the 2022/23 season, and with half of the eight teams currently active in the competition, you’re in for a treat.
So now, each time the following teams score or win a main European match we’ll burn a set amount of Fan Tokens at the rate displayed in the below table.
- AC Milan
- SSC Napoli
- FC Inter
- Manchester City
Burn Amounts
|
Team |
Initial Fan Token Supply |
Fan Tokens burned for every goal scored |
Fan Tokens burned in case of a win |
|
FC Inter |
20,000,000 |
10,000 |
20,000 |
|
Manchester City |
20,000,000 |
10,000 |
20,000 |
|
SSC Napoli |
10,000,000 |
5,000 |
10,000 |
|
AC Milan |
20,000,000 |
10,000 |
20,000 |
Please note that since Benfica’s Fan Tokens have not been released yet, they are not included in this edition of Fan Token Burning.
Burn Night: European Edition
Keep tabs on the remaining fixtures here:
First legs:
Tuesday 11th April 2023, 21:00 CEST.
Benfica v FC Inter
Manchester City v Bayern Munich
Wednesday 12th April 2023, 21:00 CEST.
Real Madrid v Chelsea
AC Milan v SSC Napoli
Second legs:
Tuesday 18th April 2023, 21:00 CEST.
SSC Napoli v AC Milan
Chelsea v Real Madrid
Wednesday 19th April 2023, 21:00 CEST.
Bayern Munich v Manchester City
FC Inter v Benfica
Semi-finals: First legs: 9th and 10th May 2023,
Second legs: 16th and 17th of May 2023 at 21:00 CEST
Final: Saturday 10th June 2023 at 21:00 CEST, in Istanbul’s Atatürk Olympic Stadium
Please note that since the FTO® for Benfica has not happened yet, their Fan Tokens will not be part of this edition.
At this stage of the competition, each match and goal can be vital. Now, as we idolise and watch our stars play, let’s see how many Fan Tokens we will burn at the end of the final whistle in Istanbul!
