Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows N/A.
The Manchester City Fan Token is a digital asset offered by Socios.com, a platform built on the Chiliz (CHZ) blockchain. Socios.com has developed fan tokens for numerous football clubs, with the most notable being Paris Saint-Germain (PSG), as well as tokens for UFC and car racing. Fan tokens provide holders with a voice in the club’s governance, granting them the ability to influence decisions, unlock VIP rewards, and gain access to exclusive promotions, games, and special recognition. Following the remarkable success of PSG's fan token launch in January 2020, Manchester City Football Club opted to introduce CITY in March 2021. The performance of CITY is closely linked to the club's achievements on the field and the advancements in blockchain technology. Notably, rumors surrounding Cristiano Ronaldo's potential transfer to the club caused a surge in the token's price, although it subsequently declined when the transfer did not materialize.
