Instead, we will have a look at various club-level teams and their fan tokens: in particular FC Barcelona (BAR), Arsenal (AFC), Manchester City (CITY) and Paris Saint Germain (PSG). There are currently about 80 fan tokens under the Chiliz/Socios banner. Between league matches and various tournaments, club teams play almost year-round, taking just a few weeks off in the summer. As such, these club tokens offer the opportunity to do some analysis into what effect, if any, a team’s weekly performance may have on the tokens themselves.


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