The Alpine F1 Team Fan Token (ALPINE) is the official fan token developed in partnership between the Alpine F1 Team and Binance. This token was introduced to enhance fan engagement with one of Formula 1’s dynamic teams.
Background of Alpine F1 Team and Its Partnership with Binance
The collaboration between Alpine F1 Team and Binance began on February 15, 2022. Alpine F1 Team, a competitor in the globally popular Formula 1 racing series, made its debut at the 2021 Bahrain Grand Prix. As of the 2023 Canadian Grand Prix, the team has achieved three podium finishes.
According to RocketFan data, Alpine F1 Team Fan Token (ALPINE) ranks among the top fan tokens in terms of investor interest.
What is Alpine F1 Team Fan Token (ALPINE)?
Alpine F1 Team was rebranded from Renault F1 Team in 2021 as part of Renault’s strategy to promote its sports car brand, Alpine. Despite its recent rebranding, Alpine F1 Team has a rich history in Formula 1. Originally competing under the name Toleman in 1981, the team became Benetton in 1986, securing the Constructors’ Championship in 1995 with Michael Schumacher winning the Drivers’ Championship in the same years.
In 2000, Benetton was acquired by Renault, leading to the formation of Renault F1 Team. Renault won the Constructors’ Championships in 2005 and 2006, and Fernando Alonso won the Drivers’ Championships in both years. The team competed as Lotus F1 Team between 2012 and 2015 before reverting to Renault F1 Team and finally rebranding as Alpine F1 Team in 2021.
The Alpine F1 Team Fan Token (ALPINE) was launched on February 22, 2022. Classified as a utility token, ALPINE aims to increase interaction between the Formula 1 team and its fans. According to Binance, ALPINE offers several benefits, including:
- Voting rights on decisions affecting the team’s future
- Opportunities to earn BWT Alpine F1® Team NFTs
- Chances to meet and greet BWT Alpine F1® Team drivers and other experiences
- Opportunities to win signed fan merchandise
- Additionally, Binance highlights potential future uses for ALPINE tokens, including gamification, charitable donations, and loyalty badges.
Frequently Asked Questions About Alpine F1 Team Fan Token (ALPINE)
Who developed ALPINE?
Alpine F1 Team Fan Token (ALPINE) was developed by Binance, the world’s largest cryptocurrency exchange. ALPINE is a BEP-20 token built on the Binance Smart Chain (BSC) and is designed to offer numerous benefits, functionalities, and use cases to Alpine F1 Team fans.
ALPINE Token Metrics
Blockchain: Binance Smart Chain (BSC)
Circulating Supply (as of June 2023): 11,360,000 ALPINE
Total Supply: 40 million ALPINE
All-Time High (June 2023): $11.29
All-Time Low (June 2023): $1.28
Where Can You Buy Alpine F1 Team Fan Token (ALPINE)?
As of June 2023, ALPINE can be purchased on various cryptocurrency exchanges, including:
- Binance
- BitGet
- MEXC Global
- Bitmart
- Gate.io
- KuCoin
- Poloniex
- Binance US
For the latest updates and detailed information about ALPINE, make sure to check Binance and other major cryptocurrency platforms.
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