On Monday June 22nd at 1pm CEST the Barcelona ($BAR) Fan Token 48 hour flash sale will begin on Chiliz.net & Socios.com.
The availability of $BAR Fan Tokens during the FTO will be limited, as is almost always the case with other major club launches for merchandise, tickets etc.
To support this new Flash Sale format we have removed the 90-day lock, which will apply from today and retroactively to all other tokens.
This will be the first time we’ve held an FTO on Chiliz.net and we’re doing it with one of the biggest football clubs on the planet; it’s going to be a very significant moment in the evolution of the Chiliz Exchange.
As we’re sure many of you are already aware, Fan Tokens for Juventus ($JUV), Galatasaray ($GAL), Paris Saint-Germain ($PSG) and OG ($OG) have all already been listed.
$BAR FTO – Need to know
1) $BAR will be priced at €2 and the FTO will be the only chance to buy them at a fixed price.
2) $BAR will be sold on a first come, first served basis.
3) The 48 hour flash sale will begin at approximately 1pm on Monday June 22nd and end at 1pm June 24th – unless all $BAR put up for sale are sold before then.
4) As of 1pm on June 24th $BAR, will be tradeable on both Socios.com and Chiliz.net.
5) As of June 24th the circulating supply will be 1 million $BAR.
* in-app KYC limits apply, please refer to http://bit.ly/SociosKYC
** Check these conditions before purchasing or doing a transaction on our platform. They may be adjusted before the launch.
Numerous surveys have shown Barcelona to be the biggest football club in the world for fan potential, with an estimated global fanbase of around 360 million.
When we announced the partnership with Barcelona back in February, social engagement levels were off the chart (see here) and, in addition to this, the news sparked more than 800 pieces of coverage worldwide – including massive publications like Bloomberg/Forbes, as well as top tier sports and news media.
Momentum and hype for the launch is building, with FC Barcelona repeatedly tweeting about it to their 32 million followers, using the #BARiscoming hashtag and directly referencing $BAR and $CHZ. Mainstream business media in Spain have also already began reporting on it. See here.
#BARiscoming. Make sure you are ready for it.