Galatasaray Fan Token price
GALFT
GALFT

Galatasaray Fan Token price

$1.7381
+$0.019001
(+1.10%)
Price change from 00:00 UTC until now
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USD
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Galatasaray Fan Token market info

Market cap
Market cap is calculated by multiplying the circulating supply with its latest price. Market cap = Circulating supply × Last price
Circulating supply
The amount of this crypto that is publicly available in the market
Market cap ranking
The asset’s ranking in terms of market cap value
All-time high
The historically highest price an asset has reached during its trading history
Market cap
$11.79M
Circulating supply
6,783,443 GALFT
Market cap ranking
--
24h high
$1.7681
24h low
$1.7021
All-time high
$7.8010

Galatasaray Fan Token price performance in USD

The current price of Galatasaray Fan Token is $1.7381. Since 00:00 UTC, Galatasaray Fan Token has increased by +1.11%. It currently has a circulating supply of 6,783,443 GALFT and a maximum supply of 9,975,000 GALFT, giving it a fully diluted market cap of $11.79M. At present, Galatasaray Fan Token holds the 0 position in market cap rankings. The Galatasaray Fan Token/USD price is updated in real-time.
Today
$0.019001
+1.10%
7 days
$0.056070
+3.33%
30 days
$0.037070
+2.17%
3 months
$0.12707
+7.88%

About Galatasaray Fan Token (GALFT)

Galatasaray is a fan token representing an Istanbul-based professional football club. GALFT is the name and ticker symbol of the Galatasaray fan token. The Galatasaray football club is an Istanbul-based club that competes in UEFA Champions League, UEFA Europa League, Turkish Cup, and Super Lig competitions.

The Galatasaray club used the fan voting and rewards app, Socios.com, to launch their fan token that offers voting rights and other fan-oriented services. Sports fans can buy GALFT tokens using Chiliz (CHZ), the digital currency of the Socios.com platform. Additionally, the club hosted a fan token offering (FTO) to give fans an equal opportunity to purchase GALFT tokens at the initial price.

GALFT token holders can voice their opinions to the Galatasaray football club through binding and non-binding polls. Through binding and non-binding polls, GALFT token holders can voice their opinions and influence decisions made by the Galatasaray Club.

While the club must follow through with the final decision voted by fans in a binding poll, they are not obligated to fulfill popular fan opinions in a non-binding poll. Having more tokens leads to a more significant impact on the poll result. However, the club has limited the amount of GALFT tokens a fan can buy to ensure a fairer voting process.

GALFT tokens can also support other sports teams in the country, including basketball and Esports. The club believes this can increase fan engagement for sports outside of football.

GALFT price and tokenomics

The GALFT token has a total supply of 10 million tokens, with over 4 million circulating. Holding GALFT tokens gives owners the power to influence club decisions, actively engage with players, and enjoy exclusive access to various events and experiences.

While GALFT has a total supply of 10 million tokens, the specific distribution model and percentage allocation have not been explicitly specified. However, a significant emphasis is placed on allocating a larger percentage to the community, reflecting the club's objective of fostering active fan participation.

About the founders

The Galatasaray Fan Token team is led by Cem Küçük, a skilled computer engineer and entrepreneur with a strong background in blockchain development. In collaboration with Socios, Küçük launched the Galatasaray Fan Token as a means to empower the passionate fans of the esteemed football club. The team decided to use blockchain to increase fan engagement and create new revenue streams for the club.

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GALFT FAQ

What is GALFT?

Galatasaray is a fan token on the Socios.com platform. It offers fans a unique opportunity to have a say on many club-related decisions. GALFT token holders also get exciting rewards for participating in polls and club campaigns.

How does GALFT work?

As a fan token, GALFT offers voting rights and club membership services. Fans can influence club decisions and increase engagement through binding and non-binding polls. Superfan token holders can also access in-person meets and VIP club memberships.

Where to buy GALFT tokens?

You can buy GALFT from OKX exchange. OKX offers the GALFT/USDT and GALFT/USDC trading pairs.


Before you begin trading with OKX, you need to create an account. Then, to trade GALFT/USDT or GALFT/USDC, click "Basic trading" under "Trade" on the top navigation bar.


If you do not have USDT or USDC, you may buy USDT or USDC with your preferred fiat before swapping it for GALFT in the trading terminal.

How much is Galatasaray Fan Token worth today?
Currently, one Galatasaray Fan Token is worth $1.7381. For answers and insight into Galatasaray Fan Token's price action, you're in the right place. Explore the latest Galatasaray Fan Token charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Galatasaray Fan Token, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Galatasaray Fan Token have been created as well.