Fenerbahce Token Will Switch to Avalanche Network
Fenerbahce token will switch to Avalanche network. Avalanche continues to grow by incorporating Fenerbahce Token.
Avalanche and Fenerbahce Token developer teams agreed on important collaborations at Avalanche Summit 2022. As the first example of these collaborations, 100,000 Fenerbahce Tokens were transferred to the Avalanche network using the Avalanche bridge. An amount of tokens equal to these moved tokens were destroyed by burning on the Ethereum network.
In the statement made on the club's Twitter account, the following were included:
"100,000
Fenerbahce Tokens, which are symbolically passed over the blockchain bridge, which is the first official step of cooperation and new projects to be produced on the Avalanche network, are currently on the network."
However, this step is not unexpected. So much so that, speaking at the ten sale of Fenerbahce Token, Paribu CEO Yasin Oral mentioned that the token is in ERC-20 standard and can be listed on other exchanges as well as transferred to Blockchain networks such as Avalanche.