What Is MIBR Fan Token (MIBR)? Complete Guide & Review About MIBR Fan Token

What Is MIBR Fan Token (MIBR)?

MIBR Fan Token allow fans across multiple sports verticals to exercise their share of influence within their favorite teams/leagues/clubs. Through Socios.com, fans are empowered to participate in certain club decisions, for example, choosing a goal celebration song in a football stadium, choosing which fighters should go head to head in MMA, and more.

Thanks to Fan Tokens, holders receive access to once-in-a-lifetime experiences such as player meet and greets, training day events & much much more. The growing list of partnerships launching their Fan Tokens on the Socios.com platform includes some of the biggest sporting organizations in the world such as FC Barcelona, Inter Milan, AC Milan, Manchester City, UFC, ROUSH Fenway Racing, Aston Martin, just to name a few.

A Fan Token is a digital asset that is your license to vote in club decisions directly on the Socios.com app. They have partnered with the following sports/esports teams: Paris Saint-Germain ($PSG), Juventus ($JUV), OG ($OG), AS Roma ($ASR), Atlético de Madrid ($ATM) and Galatasaray ($GAL). Each of these Fan Tokens is launched in an FTO™ (Fan Token Offering) on the Socios.com app before being available here on the Chiliz.net exchange. 

MIBR Fan Token Storage Key Points

How to Deposit on Chiliz.net

1. First of all, you need to login to your Chiliz.net account by clicking here and entering your login information.

2. Once logged in, navigate to your wallet page which can be found under ‘Balance’ in the top right corner, or simply click here.

3. Find the cryptocurrency that you wish to deposit, and press the ‘Deposit’ button. For this example, we will use Chiliz ($CHZ).

4. Either copy the address, which should start with something like this 0xe7f7c, or scan the QR code.

5. If you choose to deposit $CHZ to the exchange, please note that any non-$CHZ coin/token deposits to the $CHZ address will be lost and the Chiliz.net team will be unable to recover them. 

6. Take note of the number of confirmations required for deposits on the deposit page, as more confirmations required may mean that the deposits take longer. Also, take note of the minimum deposit amount as any less than that will not be accepted.

7. Once you have sent the deposit, you can track the confirmations in the history page by clicking the ‘Record’ button in the top right corner of the $CHZ deposit page, or click here.

How to Withdraw from Chiliz.net

1. First of all, you need to login to your Chiliz.net account by clicking here and entering your login information.

2. Once logged in, navigate to your wallet page which can be found under ‘Balance’ in the top right corner, or simply click here.

3. Find the cryptocurrency that you wish to withdraw, and press the ‘Withdraw’ button. For this example, we will use Chiliz ($CHZ).

4. Paste or enter the withdrawal address, ensuring that it is correct. The withdrawal address should look something like this 0xe7f7cCfb2b914dBe3d4913bEB94247135884FbA6. Make sure that the amount you are trying to withdraw is above the minimum withdrawal limit. 

5. Once you have pressed Withdraw and entered your asset password and 2FA verification, you will be redirected to the withdrawal confirmation page which will let you know the status of the withdrawal. All withdrawals go through an automated withdrawal review process which can take a couple of minutes.

6. You can track and view historic withdrawals by clicking on the ‘Withdrawal Record’ button in the top right corner of the withdrawal page. Alternatively, you can click here, and click on the ‘Withdraw’ tab. On this page, you can also cancel the withdrawal request.

Withdrawal Limits & How to complete ID Verification (KYC) Process

The following withdrawal limits will trigger our risk management system to request you to complete KYC 2 verification or your withdrawal will be processed under manual review: