Galatasaray Fan Token (GAL) explained in 6 steps

Galatasaray Fan Token is the official fan token of Galatasaray Sports Club and its ticker is GAL. GAL is only tradedin Turkey on Paribu.

1. When and by whom was it founded?

Realized by Galatasaray in cooperation with, GAL was launched on February 4, 2020.

2. The Infrastructure of GAL

GAL is operated on a “side chain” of Ethereum blockchain by Socios platform. GAL has the feature of being a kind of “utility token” that can be used for accessing a specific product or service. GAL is traded with Chiliz, the native cryptocurrency of Socios, but Paribu allows its users to trade GAL with TRY.

3. What does GAL promise to the users?

The aim of GAL is to increase the integration between Galatasaray and its supporters. Supporters who own GAL can have a say in the decisions of the club, benefit from the advantages offered by the club and support their club by buying tokens. They can enjoy various advantages including VIP match tickets, Turk Telekom Stadium tour, watching trainings, and signed uniforms.

4. Is GAL mined?

GAL is not a type of cryptocurrency that is mined. However, tokens can be “hunted” with “augmented reality”.

5. The lowest and highest price with the total supply

The lowest price of GAL was $1.48 on September 5, 2020, and the highest price was recorded at $11.13 on December 28, 2020. With a total supply of 10,000,000 GAL, the circulating supply of the cryptocurrency is 3,507,572 GAL.

6. How to make GAL transactions on Paribu?

You can click on the link and make your GAL transactions right away via Paribu.

Bu içerik en son 26 October 2022 tarihinde güncellenmiştir.


Türkiye’nin alanında öncü teknoloji şirketi ve lider kripto para işlem platformu.