Alpine F1 Team Fan Token

What is Alpine F1 Team Fan Token?

The inaugural fan token dedicated to the Alpine F1 Team, known as Alpine F1 Team Fan Token (ALPINE), has been introduced by Binance, the world's largest and most widely used cryptocurrency exchange. Following the successful launch of Binance's initial fan token for LAZIO, the ALPINE token aims to provide fans of the Alpine F1 Team with an exciting opportunity to connect with the racing brand.

ALPINE Fan Tokens represent native BEP-20 tokens issued on the BNB Chain (formerly Binance Smart Chain or BSC). Being BEP-20 compliant, ALPINE tokens can seamlessly interact with other decentralized exchanges (DEX) and decentralized applications (dApps) built on the BSC. The use of the BEP-20 standard ensures that ALPINE users benefit from minimal transaction fees and a swift 3-second block time.

In contrast to NFTs, all Binance Fan tokens, including ALPINE, are fungible, meaning they can be exchanged for items of equivalent value. The fungibility of ALPINE tokens is intentional, allowing fans to trade them for merchandise and unique experiences. Additionally, ALPINE tokens can also be exchanged for exclusive NFTs if desired.

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Recent Video Interview

Main points of the interview:

• Growing user base and engagement for Alpine fan tokens, with recent involvement in staking activities and fan engagement.
• Alpine's role in motorsports, EV car production, and their engagement in Esports and web3 technologies.
• Alpine's integration of web3 technology, leveraging fan tokens to enhance fan engagement through voting, exclusive content, and rewards.

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What Can You Do With the ALPINE Token?

ALPINE token holders enjoy active participation in fan engagement through voting sessions on the Binance Fan Token platform, influencing decisions for the Alpine F1® Team. Notable past votes include selecting the 2022 Alpine Esports jersey and determining the Binance Alpine Esports livery and simulator circuit. Additionally, holders can acquire the exclusive Slipstream into the Future Mystery Box, traded for 3 ALPINE, containing collectible posters for later staking in the NFT PowerStation for exclusive rewards.

Beyond voting, ALPINE token holders access various engagement avenues with the BWT Alpine F1® Team, such as signed merchandise, meet-and-greet sessions with drivers, and fan-centric events. Staking ALPINE in the NFT PowerStation provides access to digital collectibles and fan rewards.

Looking ahead, ALPINE token holders anticipate forthcoming gamification features on the Binance Fan Token platform. A donation feature is also on the horizon, enabling direct contributions to the team in exchange for a Proof-of-Loyalty badge. ALPINE token holders are poised to further enhance their involvement in the fan experience through these evolving opportunities.

Alpine F1 Team Fan Token Team Background

Alpine Team, a division of Alpine Cars, a French manufacturer of racing and sports cars under the Renault Group, was founded in 1955. In 2021, the team expanded its scope by venturing into esports. The individuals leading the Alpine project team for the token launch include:

Guillaume Vergnas (B2B Partnerships Manager): Boasting five years of experience in cultivating partnerships within F1 and the automotive sector. Achille Dulac (Business Development Manager): Possessing eight years of expertise in developing brand collaborations, managing relationships, and expanding market presence. Angela Liu (Partnership Coordination Officer): Bringing nine years of experience, including strategy consulting in the sports and entertainment industry. Matthias Moulin (Global Business Development Manager): With a decade of experience in acquiring and managing sponsorships, commercial partnerships, and account management.

Binance, founded by Changpeng Zhao, stands as the world's largest cryptocurrency exchange. Its Binance Coin (BNB) token has ascended to a top-ranking position among cryptocurrencies, driven by Binance's remarkable success and the Binance Smart Chain. Following a partnership with Socios in December 2020, Binance became the designated platform for distributing the new fan tokens.

Binance Fan Token Project Development

Binance Fan Token is excited to present Fan Arena, a novel match prediction feature for enthusiasts supporting FC Porto, S.S. Lazio, and Santos FC teams.

Commencing from November 20, 2023, fans have the opportunity to showcase their sports expertise by making insightful predictions about the outcomes of their beloved teams' football matches within the Fan Arena. Engage in Match Prediction challenges at the Fan Arena to start accruing Star Points, and unlock exclusive fan privileges within the Binance Fan Club.

Alpine F1 Team Fan Token Price Analysis

As of November 25 2024 Alpine F1 Team Fan Token has a marketcap of $16M. This is {{percentagefromath}} from its all time high of $11.29. In terms of its tokenomics, there's a total supply of 40M with 28% currently outstanding. Keep in mind Alpine F1 Team Fan Token has a fully diluted value of $58M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.