If we can describe the crypto market’s 2022 performance, we would probably call it “a year of fan tokens.”
From Chiliz (CHZ) to Santos FC Fan Token (SANTOS) and all Minifootball (MINIFOOTBALL), investors seem to never get enough of these cryptocurrencies.
But are they worth better than tokens with a real-world utility like The Hideaways (HDWY)? Let’s dive more into it in this article.
Is Santos FC Fan Token (SANTOS) Worth the Hype?
If you have been carefully tracking crypto movements in the past month, chances are you have been introduced to Santos FC Fan Token (SANTOS).
The token consistently topped the cryptocurrency trend list in September, thanks to a combination of market hyping and the team’s popularity.
In the latest charts, Santos FC Fan Token (SANTOS) declines 5.25% to $13.84. Still, it is one of the higher-priced football fan tokens out there, even more expensive than the high-potential real estate project The Hideaways (HDWY), which makes you wonder if it’s worth the money.
Before diving right in, consider your attachment to Santos FC in general, as the token functions as no more than a voting right to decide on the team’s mundane issues.
An example of this is an event in July 2022 when token owners were asked to decide on the song for the team mascots’ dance number during half-time.
If you can find no attachment with Santos FC itself, you can still trade it for fun. It is one of the most fluid coins to engage in nowadays.
Minifootball (MINIFOOTBALL) is a Meme Token with a Cause
Normally, meme tokens are driven by no cause. They come as they are – cryptocurrencies that are meant to rely on over-speculation rather than work on real projects.
But over time, many meme tokens are managing to create a name for themselves, with some becoming deflationary. In Minifootball (MINIFOOTBALL)’s case, it also sidelines as a fan token for the sport’s fans.
Minifootball (MINIFOOTBALL) therefore is a crossover between meme and fan tokens. It gives members access to weekly FIFA video game tournaments which “fundamentally” gives it utility.
But in reality, its meme origin could not be discounted. Minifootball (MINIFOOTBALL) currently has 100,000,000,000,000,000 circulating supply and no maximum cap. This makes it high-risk, and you don’t want to put all your good stuff on volatile cryptocurrencies.
The Hideaways (HDWY) is a Real Estate Project You Have Been Waiting For
The Hideaways (HDWY) is a newcomer in the scene, but its relation with real estate already deems it a steadier investment than Santos FC Fan Token (SANTOS) and Minifootball (MINIFOOTBALL).
The Hideaways (HDWY) is the very first cryptocurrency project to tap into the underlying potential of the luxury real estate market.
It functions like a REIT which hosts crowdfunding initiatives for property acquisitions. But its decentralized background means it is committed to distributing bigger monthly rental yields compared to a REIT that’s giving only a small fraction of its collections back to investors.
If you have been eyeing real estate for quite a while now, The Hideaways (HDWY) is a good introduction to making this plan a reality.
This is a brand new project that is on our list of 2023 best crypto investments. Invest in The Hideaways now whilst the project has a small market cap of only $45m and watch your investment 15x in 2023.
Check them out:
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.