Santos FC Fan Token ($SANTOS) is a fan token of Santos FC, a Brazilian sports club based in Vila Belmiro, São Paulo. It was launched through a partnership between Santos FC and Binance Launchpool.

By owning $SANTOS, fans can actively participate in the life of the club and have voting rights in polls. Additionally, token holders can enjoy exclusive rewards, privileges, limited and collectible NFTs, as well as engage in gamification activities.

Santos FC Fan Token (SANTOS) is a fan token of the eponymous football team that was launched by a partnership between Santos FC and Binance Launchpool. Santos FC, aka Santos Futebol Clube, is a Brazilian sports club in the state of São Paulo, based in Vila Belmiro.

The pandemic hit football clubs hard, and as a result, the concept of a fan token was born. The fans were delighted, then the investors picked up the enthusiasm.

The collaboration between Binance and Santos FC was confirmed in November 2021 with an official statement published on the football clubs social network pages. The agreement of the two parties layed out the conditions to the launch the fan token. Binance acquired the status of sponsor and licensee, earning the right to operate NFTs products. The goal of this alliance is to increase fan engagement, build relationships between the club and fans, and attract the attention of Binance customers.

$SANTOS owners receive a number of benefits: participation in the life of the club and the right to vote in polls. Moreover $SANTOS token holders can gain access to exclusive rewards, privileges, limited & collectible NFTs and to the gamification process.

SANTOS was available via Binance Launchpad from November 27, 2021 to December 28, 2021.

Brazilian football club Santos was founded in 1912 by three local sportsmen: Francisco Raymundo Marques, Mário Ferraz de Campos, and Argemiro de Souza Junior.

Santos is famous for its players' strong technique and strict discipline. Over the years the team has unveiled stars like Pelé, Neymar and Rodrygo. Pelé is considered one of the greatest players in the world and devoted most of his career to Santos FC, scoring more than 500 goals.

Santos FC is one of the most successful clubs in the country, participating in Paulistão - the State of São Paulo's premier state league, and Brasileirão - the top league of the Brazilian football league system. The football club is an eight-time national champion of Brazil, also a record holder -- winning 24 titles in 10 years.

As of December 2021, the club is coached by Fábio Carille, and Santos FC has 10 million followers on social media.

The benefits of Santos FC Fan Token include:

Token holders can participate in sensitization activities like voting sessions, which take place on the Binance Fan Token platform.

Token holders get access to fan rewards, digital collectibles, and loyal points. SANTOS owners use NFTs redeemed by Santos FC for fan rewards.

With SANTOS and Binance Pay, users can pay for unique goods and merchandise, match tickets, club memberships.

One of the main benefits for loyal fans is interacting with Santos FC and getting involved in the club's life. SANTOS holders have an advantage; they can attend meetings with football legends, autograph sessions, and football training sessions.

If fans have a certain amount of SANTOS, then various gamification features are available on the Binance Fan Token platform.

Fans can demonstrate loyalty to their favorite team and donate SANTOS directly, receiving a proof-of-loyalty badge.

Santos FC Fan Token, or SANTOS, is a BEP-20 token deployed on Binance Smart Chain (BSC) - a blockchain that has become famous for its high speed and low transaction fees.

The maximum supply of $SANTOS is 30,000,000 coins, and as of December 2021, 4,550,000.00 $SANTOS is in circulation (15% of the total supply). Allocation of tokens:

User Fund - 35%

Developer Fund - 25%

Team - 20%

Loyalty Subscription - 15%

Binance Launchpool - 5%

The main role played by the SANTOS token is the link between Santos FC and its fan base. As for the application, SANTOS is used for collectibles, limited NFTs, voting rights, gamification, engagement rewards and special perks.

In early December, Binance announced the launch of the Santos FC Fan Token as part of the Binance Launchpool, where a KYC procedure is a prerequisite for participation.

Binance Launchpool is a platform that allows users to deposit their tokens for free, as well as earn new ones. The project was initiated in 2020 with a focus on investors interested in passive income.

Thus, Binance is responsible for the security of Santos FC Fan Token. The company has its own blockchain - Binance Smart Chain (BSC), which is secured by the Tendermint byzantine-fault-tolerant (BFT) consensus mechanism.

As of December 2021, like other fan tokens, SANTOS can be purchased on major crypto exchanges, among them: Binance, Pancakeswap (V2), Binance TR, HitBTC, and Mandaka Exchange.

Want to keep track of SANTOS, PSG or CITY prices live? Download the CMC mobile app.

Visit the BYDFi blog for up-to-date news and latest trends in the market.

Have a look at our guide to non-fungible tokens.

Feel free to check our crypto glossary.