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    Portugal National Team Fan Token

    POR

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    03.910
    Risk Level:
    High
    Recommendation:Avoid
    Evaluated:August 28, 2026 (v14)

    Dimension Breakdown

    Development Activity4.5
    Community Health2.5
    Tokenomics3.5
    Market & Use Case3.0
    Team & Governance5.0
    Security & Audits4.5

    AI Analysis

    Comprehensive evaluation of the token

    The Portugal National Team Fan Token (POR) is an official sports fan token issued via Socios.com on the Chiliz Chain, representing the Portuguese Football Federation. While it benefits from established brand association and legitimate chain-level audits by Halborn, the token exhibits structural weaknesses across most fundamental dimensions. Active development and governance are strictly platform-dependent rather than open-source or community-driven. Community engagement and market demand are highly cyclical, episodic, and tied to major international football tournaments rather than continuous grassroots adoption. Tokenomics suffer from reporting discrepancies across major aggregators regarding circulating supply, an absence of structural yield or supply sinks, and severe historical drawdowns (>90% from ATH). Liquidity is thin relative to market capitalization ($1.0M-$1.1M cap), leaving the asset prone to volatility. No protocol exploits, hostile delistings, or fraudulent activities were identified; the April 2026 smart contract swap was an exchange-supported 1:1 technical upgrade.

    Development Activity

    Code updates and developer engagement

    RiskReturn
    04.510

    Community Support

    Social media presence and community engagement

    RiskReturn
    02.510

    Tokenomics

    Supply, distribution, and utility

    RiskReturn
    03.510

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    03.010

    Team & Governance

    Team background and project governance

    RiskReturn
    05.010

    Security & Audits

    Security history and audit status

    RiskReturn
    04.510

    About Portugal National Team Fan Token (POR)

    The Portugal National Team Fan Token (POR) is a sports utility token launched in June 2021 through a partnership between the Portuguese Football Federation (FPF) and Chiliz on the Socios.com platform. Operating primarily on the Chiliz Chain under a Proof-of-Authority consensus model, the token has also expanded via proxy deployments to networks including Base and Solana. POR is designed to provide supporters with fan engagement opportunities, including voting in platform-hosted polls, accessing promotional perks, and participating in event-driven activities tied to the Portuguese national football team.

    The project's technical infrastructure and administrative processes rely entirely on the Chiliz and Socios.com platforms rather than maintaining an independent development repository or decentralized governance system. In April 2026, the project underwent an exchange-supported smart contract swap to a new contract address at a 1:1 ratio. While the underlying Chiliz Chain underwent security audits by Halborn in December 2022 and June 2024, the POR token contract itself does not have a dedicated public third-party audit uploaded for its Base proxy deployment.

    POR has a maximum supply cap of approximately 20,000,000 tokens, but tokenomic tracking is complicated by inconsistent circulating supply figures reported across major market aggregators and unlisted vesting schedules for unissued reserves. The asset has suffered a severe price drawdown exceeding 90% from its historical high, and it operates with thin liquidity and cyclical trading activity that is heavily dependent on international tournament schedules.

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