The past year has seen a huge increase in the use of fan tokens. In recent years, several top sports organizations have introduced fan tokens, including FC Barcelona, Manchester City FC, Arsenal FC, etc. Alpine crypto is one of them. As Binance’s first fan token, Alpine is Formula 1-themed. In this article, we will review Alpine crypto and talk about what is curious about it.
Alpine Crypto Review – 2023
The biggest and most well-known cryptocurrency exchange in the world, Binance, has created the first Formula One-themed fan token with the Alpine F1 Team. The ALPINE token will enable supporters of the Alpine F1 Team an opportunity to interact with the racing brand after Binance published its first fan token in LAZIO. The token, according to Binance, will revolutionize the fan experience by enabling fans to:
- Taking part in group voting polls
- Searching for digital collectibles and buying NFTs
- Using gamification aspects that are linked to fan incentives or wonderful experiences
Moreover, at the so-called “NFT PowerStation,” owners of ALPINE will be able to stake their NFTs for awards and other digital collectibles. Gift cards and subscriptions to loyalty programs are also included. On the Binance Fan Token Platform, they will have direct access to the F1 team and be able to interact with them directly. Fans will also have access to other perks like signed products, meet-and-greets with the drivers, and more.
Alpine Crypto Project Highlights
There are three significant highlights of the project.
Blockchain Infrastructure
As a native BEP-20 token, the Alpine F1® Team Fan Token is issued on the Binance Smart Chain (BSC). In addition to enabling a wide range of token functionality at cheap transaction costs, this increases accessibility for BWT Alpine F1® Team supporters.
Token Utility
Several fan engagement possibilities are provided by Alpine F1® Team Fan Token, such as limited collectibles, integration with the Binance NFT Marketplace, engagement-based team awards, special privileges, voting rights, gamification, and unique brand experiences.
Brand Identity
With more than 6.2MM followers throughout various social networks, BWT Alpine F1® Team presently has a sizable digital fan base. The BWT Alpine F1® Team fan base and all users of the Binance ecosystem can access the ALPINE Fan Token thanks to the Binance ecosystem.
Team
The members of Alpine’s project team for the token launch are:
- Guillaume Vergnas: B2B Partnerships Manager
- Achille Dulac: Business Development Manager
- Angela Liu: Partnership Coordination Officer
- Matthias Moulin: Global Business Development Manager
The team is working meticulously to make Binance’s first F1-themed fan token a success.
Tokenomics
Built on the BNB chain, the Alpine F1 Fan Token (ALPINE) is a BEP-20 token. It serves as the Alpine F1 team’s utility token and guarantees token holders an enhanced fan experience. At the time of writing, Alpine crypto has increased 47.96% in the last 24 hours and is currently trading at $4.29, according to CoinMarketCap data. Alpine crypto‘s token allocation is as follows:
- Binance Launchpad Sale: 10.00% of the total token supply
- Team: 18.00% of the total token supply
- Loyalty Subscription: 15.00% of the total token supply
- User Fund: 35.00% of the total token supply
- Developer Fund: 22.00% of the total token supply
In addition, the circulating ALPINE token supply is 11,360,000 and the max supply is 40,000,000.
Roadmap
The platform’s current roadmap is divided into two parts. You can see detailed information for both below.
Q1 2022:
- Start the Fan Engagement events on BWT Alpine F1® Team Page, which includes:
- Voting
- NFT Mystery box
- NFT Collection
- Loyalty Subscription
- Gift Card
Q2 2022:
- Expand the Binance Fan Token use cases to:
- Donations in Binance Fan Tokens
- Team Games
- Fan Shop Launch, e.g., tickets and merchandise
- Integrate Fan Tokens into the BWT Alpine F1® Team ecosystem, e.g., membership, e-commerce platform
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