What is Coin?
The Leeds United Fan Token (LUFT) is a digital asset that allows fans of the English football club, Leeds United, to have a say in how the team is run. The token was launched in partnership with Socios.com and powered by Chiliz (CHZ). It gives holders access to exclusive rewards, experiences and voting rights on certain decisions made by the club.
The LUFT token was launched in April 2021 and has been met with great enthusiasm from fans around the world. Fans can purchase the token directly from Chiliz or through other exchanges such as Binance. Once they own tokens, they can use them to vote on various decisions related to Leeds United’s operations. This includes things like selecting new kits for the team or deciding which players should be signed.
In addition to voting rights, LUFT holders also get access to exclusive rewards and experiences such as match tickets, merchandise discounts and VIP experiences at Elland Road Stadium. As more people buy LUFT tokens, their value increases due to increased demand.
The launch of the LUFT token marks an exciting new era for Leeds United fans around the world who now have a direct say in how their beloved team is run. With its innovative use of blockchain technology, it provides a great example of how digital assets can be used to bring fans closer together.