Major Turkish sports club Fenerbahçe issues fan token on Ethereum

[ad_1] Fenerbahçe S.K., one of the three biggest sports clubs in Turkey, issued its own fan token on the Ethereum blockchain through a new partnership with local crypto exchange Paribu. The initial presale of 500,000 unlocked tokens was completed on Monday, netting the club 15 million Turkish lira ($1.75 million) in 30 seconds. The club announced that the Fenerbahçe Token would have a maximum supply of 190,700,000 tokens in reference to 1907, the year Fenerbahçe was established. According to the project’s white paper, a total of 117 million treasure tokens…

Read More