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What is Atletico De Madrid (ATM) coin and how does it work?

by Financial Economy

ATM Coin, the fan token project of Spanish football giant Atletico Madrid, continues to rapidly gain popularity among fans. Atletico De Madrid Fan Token is an ERC-20-based cryptocurrency that offers the opportunity to regulate the relationship between the team and their fans. Information about some topics that what is Atletico De Madrid (ATM) coin, how does it work, how much is it, which exchange is it avaliable on, how to buy it, etc. İs in continuation of the article. You can browse here for information about Axie Infinity (AXS) coin.

What is Atletico De Madrid (ATM) coin and how does it work?

ATM Coin is the crypto currency that was created in cooperation with Atletico Madrid Sports Club, the representative of Madrid, the capital of Spain, and Socios.com. Developed in ERC-20 standards, ATM Coin is a fan token built on the Chiliz network, which cannot be mined and allows sports fans to access the facilities of Atletico Madrid Sports Club, which they are fans of.

ATM token specifications!

The aim of the Atledico De Madrid Fan Token project is to strengthen the bond between its fans and Spanish football giant Atletico Madrid. In line with this goal, the Spanish club, like other fan token projects, preferred the Chiliz network and cooperated with Socios.com. ATM Coin allows fans to be more than just a fan and gives them countless privileges from Atletico Madrid Headquarters to the power to influence decisions.

ATM coin founders! Which country does ATM coin belong to?

ATM Coin, the fan token project of Spanish football giant Atletico Madrid, was established in cooperation with Socios.com and Atletico Madrid Sports Club.

You can browse here for information about Decentraland (MANA) coin.

ATM coin usage areas!

ATM token’s usage areas can be listed as follows:

  • Participates in club decisions by powering smart contracts.
  • Offers a chance to earn free CHZ and ATM tokens.
  • It is used to pay for club-specific NFTs.
  • It must be included in the portfolios to gain access to VIP tickets for home matches.
  • ATM Coin is required to take advantage of privileges such as participating in team events and having signed team products.

Atletico Madrid coin advantages and disadvantages!

ATM token advantages are as follows:

  • Offers a chance to win VIP tickets to the team’s home matches.
  • Provides passive income in CHZ and ATM Coins.
  • Required for participation in team events.
  • It gives the user the right to vote to influence team decisions.
  • Used to access exclusive team NFTs and signed fan merchandise.

ATM coin disadvantages are as follows:

  • The sharp fall in prices may cause new investors to see the risk as high.
  • Instead of keeping it on the exchange against the risk of attack and theft, hardware can be stored in the wallet.
  • In Spain, many fans like BAR Coin are in natural competition with tokens.
  • The possible poor performance of the football club directly affects the token price.
  • The high risk of correlation with football club performance may lead ATM Coin to be treated as a stock and not a digital asset.

Which exchange is ATM coin on?

ATM coin is listed on some cryptocurrency exchanges such as Binance, CoinTiger, Gate.io, XT.COM, BKEX, etc.

How to buy ATM coins?

ATM coin can be purchased from listed cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

ATM coin supply!

Total supply of Atletico De Madrid Fan Token is 10.000.000 ATM. There is no data about the maximum supply of ATM coin.

ATM coin price!

As of June 21, 2022, at the time of the writing, 1 ATM coin price is around $3,07 (because of the volatility the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

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