What is Juventus Fan Token (JUV)?

Juventus Fans Token (JUV/USDT – Trade it Here) is a utility token that gives Juventus Football Club fans a tokenized share of influence on various club decisions via the Socios platform. In this article, we will discuss everything you need to know about Juventus Fans Token plus a guide on how to buy JUV tokens.

What is Juventus Fan Token (JUV)?
What is Juventus Fan Token (JUV)?

Who created Juventus Fan Token (JUV)?

On 24 September 2018, Socios.com, creator of fans tokens of football clubs worldwide created Juventus Fan Token (JUV) under the license of Juventus Football Club.

What is it used for?

Not only possessing a trade value, the token certainly have several other utilities as well :

  • Access to Exclusive Token – Owning Fan Tokens will give fans access to exclusive content, gamification, social connection and leaderboard features.
  • Voting Decision – Juventus Fans Token is mainly used for voting on fan decision polls, earn rewards from engagements and staking for Non-Fungible Token (NFT) rewards.
  • Goal Celebration Song – Fans Token holders get the opportunity to choose a new goal song at the Stadium.
  • Official Bus Design – For Fans Token Holders, choosing how the official team bus looks is one of the perks for holding the fan token.
  • Your Icon – Juventus F.C held an event to re-imagine the club’s icon. Out of thousands of designs, the best 5 were put to a vote on Socios app. The most voted it to a t-shirt and was sold on the official club online store.
  • #TheFanPennant – The official pennant used by Juventus in the 2021 Coppa Italia Final was designed and chosen by Fan Token holders.
  • Juve vs Porto Playlist – Fans were asked to choose the official matchday playlist that was played at the Allianz Stadium during warm-up ahead of the European clash vs Porto.
  • Juve vs Barca Fan Token Award – Ahead of the 2021 Trofeo Gamper, Fc Barcelona & Juventus exchanged Fan tokens. The message featured in the awards were picked by Fan Tokens Holders.

How does Juventus Fan Token (JUV) work?

JUV functions as a membership key, granting its holders the ability to influence and connect with the team, as well as impact decisions made at the Juventus headquarters.

JUV is created on the Chiliz Chain, an Ethereum-basedproof-of-authority sidechain, and is primarily used as a governane token. The token holders can use smart contracts to vote on various contract-binding fan decision polls that are released by Juventus.

Tokenomics with recent price & performance of Juventus Fan Token (JUV)

JUV has a total token supply of 20,000,000, of which approximately 1,315,932 have been allocated to club supporters in a Fan Token Offering. JUV reached the highest price (ATH) of 26.22 USDT on May 18, 2021. The lowest price since the date of ATH was 2.19 USDT on May 12, 2022. The 30 days performance sees the highest price at 6.27 USDT on September 13, 2022 and lowest at 4.82 on September 21, 2022. At the time of writing, its’ performance is at 5.049 USDT with a market cap of $6,640,155 & fully diluted market cap of $100,939,712.

How to buy Juventus Fan Token (JUV)?

You can buy Juventus Fan Token (JUV) on MEXC by the following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “JUV” using the search bar to see the available trading pairs. Take JUV/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of JUV you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy JUV] to confirm your order. You will find the purchased JUV in your Spot Wallet.

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