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 Santos FC Fan Token (SANTOS) represents the fan token of the renowned football team Santos FC, launched through a collaboration between Santos FC and Binance Launchpool. Santos FC, also known as Santos Futebol Clube, is a prominent Brazilian sports club situated in the state of São Paulo, with its home base at Vila Belmiro. In the wake of the pandemic's impact on football clubs, the concept of a fan token emerged, sparking excitement among fans and subsequently attracting investor interest. The partnership between Binance and Santos FC was officially announced in November 2021 through a statement released on the football club's social media platforms. This collaboration outlined the terms for launching the fan token, with Binance acquiring sponsorship and licensing rights, thereby gaining the authority to operate NFT products. The objective of this venture is to enhance fan engagement, foster stronger connections between the club and its supporters, and capture the attention of Binance's customer base. Holders of $SANTOS tokens enjoy a range of benefits, including participation in club activities and the opportunity to vote in polls. Additionally, $SANTOS token holders gain access to exclusive rewards, privileges, limited and collectible NFTs, as well as engagement in gamification processes. SANTOS tokens were made available via Binance Launchpad from November 27, 2021, to December 28, 2021.