Brief Summary
The FC Porto Fan Token (PORTO) is a BEP-20 service token for the FC Porto football club. PORTO became available through a Binance Launchpad sale in 2021. It offers special experiences and privileges to fans and token holders.
PORTO owners can participate in the voting for decisions related to the club, such as the choice of a warm-up song or a welcome message to be shown at the next match. PORTO can also be purchased from FC Porto's NFT Mystery Boxes. These NFTs can then be used to place bets on the Binance Fan Token Platform to earn extra PORTO rewards.
Entry
Die-hard fans can now interact with their favorite sports teams and celebrities in the crypto world in more innovative ways and in a direct way. Fan tokens are the latest trend that leverages blockchain technology to create special experiences for both sports fans and fans.
What is FC Porto Fan Token (PORTO) and how does it work?
FC Porto football club, founded in 1893, has won the most international titles in the Portuguese Premier League and has also shown impressive success in other leagues in Europe, such as the UEFA Champions League. The club has partnered with Binance to offer an incentive to its supporters worldwide and launched the FC Porto Fan Token (PORTO) in 2021.
PORTO is the second fan token to be made available through a token sale on Binance Launchpad. It is a BEP-20 service token on the BNB Chain (formerly Binance Smart Chain, BSC) and has a total supply of 40 million.
Porto has several uses for fan interaction within the Binance ecosystem. As a service token, PORTO grants token holders the governance rights to participate in the voting related to the football club. The more fan tokens a person has in his hand, the greater the impact of his votes on these decisions, in which fans are involved. For example, the owners of PORTO can choose the team's warm-up song for the next match or the welcome message to be shown during the match.
In addition to obtaining management rights, token holders can also purchase them from FC Porto's NFT Mystery Boxes using PORTO. These mystery boxes contain standard, rare and very rare NFTs from a unique collection. For example, the first PORTO NFT collection includes the team's legendary goalkeepers.
PORTO NFTs are much more than just digital collection products. These NFTs can also be used to place bets on the NFT Powerstation, an innovative gamification feature of the Binance Fan Token Platform. Fans can increase their fan level by charging the required NFTs and receive extra PORTO rewards. The longer NFTs are charged for, the higher the fan rewards will be. It is also possible to buy and sell NFTs on Binance NFT Sunday.
How to buy PORTO on #Binance ?
It is possible to buy PORTO from crypto exchanges such as Binance.
1. Log in to your Binance account and hover your cursor over the [Buy-Sell] tab. Select the [Classic] or [Advanced] trading view.
2. Click on [BTC/ USDT] to open the search bar.Dec.December. Type "PORTO" to see the current trading pairs. In this example, we will use the PORTO / USDT pair.
3. Go to the [Dot] box on the right side and select your order type. For example, you can select the market order. Enter the amount of PORTO you want to buy and click [Buy PORTO] to place the order. The Ports you have purchased will be credited to your Spot Wallet.