Binance is about to launch a new online challenge for global soccer fans with $1 million in potential rewards. In addition to the $1 million worth of chips, Binance Football Fever offers a host of other additional benefits.
These include a limited edition of non-fungible tokens (NFT) as well as premium club experiences such as training ground tours. In addition, soccer fans will also have the chance to physically interact with their favorite players during meet-and-greet sessions.
Who’s ready for the #Binance Soccer Fever? ⚽️
To participate:
🔸 Claim your NFT passport from Nov 7
🔸 Enter daily challenges from Nov 11
🔸 Win exclusive rewards
🔸 $1M worth of Token RewardsFollow @BinanceFanToken for more info!
Join #BFF2022 ➡️ https://t.co/4DAX58Mogw pic.twitter.com/1H49KCTIbw
– Binance (@binance) November 7, 2022
Binance’s new soccer initiative is set to launch on November 7. The underlying goal of the project is to connect people around the world together and foster the soccer community. The leading crypto exchange says that fans can start playing by first claiming their free NFT passports starting November 7. In addition, fans will also need to submit predictions on upcoming games to support their favorite teams between November 11 and December 18.
Binance Football Fever offers inaugural Web3 experience
The Binance Football Fever 2022 initiative will be the first Web3 experience of its kind, supported by blockchain technology. Popular sports brands already included in the offering include S.S. Lazio, FC Porto, Santos FC as well as the BWT Alpine F1® Team Formula 1 team. In addition, new users and Binance Fan token holders also receive special bonuses and multipliers in the games.
Lisa He, Head of NFT and Fan Tokens at Binance, commented on the soccer initiative:
“Fans around the world will tune in to watch this historic tournament and we are thrilled to be able to make these celebrations even more memorable.”
In addition, He provided more exposition on the sport-oriented scheme of the crypto exchange, saying:
“Not only is it a great way to feel a part of the action and have fun, but players have the opportunity to win incredible prizes, totally unique experiences and collectible NFTs. To make this experience even more special and allow fans to celebrate with others, fans can also invite others to the game and challenge them to have fun together.”
In addition, users can log into Binance.com or the Binance app for additional instructions. For example, new Binance users can sign up for a trial to participate in the daily challenge. Existing Binance account holders can participate in an unlimited number of ways, as long as they have set up their NFT passport.
I want both. pic.twitter.com/aEECP3OBRk
– Binance (@binance) November 6, 2022
The Binance Fan Token
The Binance Fan Token is a utility token that facilitates the experience of the holder. For example, it acts as a way for teams and brands around the world to interact with their fans. In addition to the monetary benefits and rewards they provide, Binance Fan Tokens also confer special privileges on the holders. These include exclusive voting rights on certain fan-only club decisions.
Users can access Binance Fan tokens through fiat and crypto purchases.