Football stars and the native token $FTS soared in price over the last 24 hours, moving by over 100%. Football stars is a new project hoping to unite football and crypto fans across the world.
Possibly reasons for $FTS recent price action
Football Stars recently announced the launch of their NFT project. NFTs (non-fungible tokens) are unique digital items with limited supply, they can hold a lot of value if demand is high.
On May 31st, Football Stars released their first dynamic player card NFT. The first player released was Marcelo Brozovic a Croatian midfielder who plays for Inter Milan. They claim this is just the start, more partnerships with clubs and players will be announced in the near future.
They released a sneaky preview of an Ivan Perisic card, it seems most of their initial partnerships will be in Italian football. This is no surprise as Italy has large adoption of crypto already. Clubs like Juventus and AC Milan already have their own cryptocurrency tokens on Chilliz.
Football Stars the roadmap and tokenomics explained
Football Stars aims to be the one-stop-shop for all things football. They want to have a long list of unique and dynamic collectible cards endorsed by clubs and players. They plan to vastly expand the player list available as demand increases.
Their roadmap is clear and has three stages. Firstly, listings on Pancakeswap, they have already completed this and they hope to have it available on more exchanges in the future. The second is a PR agency and press release. Third is global marketing, getting more fans and clubs involved with the project.
Football stars is built on the Binance Smart Chain. The tokenomics are as follows; 1 trillion total supply, of that 400 million goes to private sale, 350 million in liquidity, 150 million towards marketing and 100million towards development. Currently at the time of writing this, June 8th, Football Stars has a market cap of over 30 million and is market cap rank #552 according to Coin Gecko.
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