Spain National Football Team
SNFT
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
SNFT (Spain National Football Team Fan Token) is an abandoned and defunct legacy fan token issued by Bitci Teknoloji on Bitcichain. Active Development and Community Support could not be scored due to insufficient data (-1.0), as both repositories and community forums are completely inactive or nonexistent. Among the remaining evaluated areas, Tokenomics scored 1.0/10 due to severe supply centralization (roughly 77% in unvested reserve wallets with no public release schedule) and an unrecovered price crash of over 99.7%. Market and Use Case scored 0.5/10 because the token has been stripped of its core utility following the Royal Spanish Football Federation's (RFEF) termination of its partnership with Bitci after sponsorship payment defaults in 2022. Team and Governance scored 1.0/10 reflecting the counterparty default, subsequent legal action by the RFEF, and complete abandonment of project governance. Security and Audit History scored 1.0/10 due to the absence of any smart contract audits, unverified team status, and severe counterparty failure. With the token deprecated and its licensing revoked, the project possesses no viable investment thesis.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Spain National Football Team (SNFT)
Spain National Football Team Fan Token (SNFT) is a deprecated and abandoned fan token originally issued in 2021 by Bitci Teknoloji on Bitcichain in partnership with the Royal Spanish Football Federation (RFEF). Created as a BRC-20 token, it was designed to provide supporters of the Spanish national football team with fan engagement opportunities, governance voting, and branded utilities. The token has a maximum supply of 100 million units, with approximately 75% to 77% allocated to unvested reserve wallets lacking public emission schedules.
In 2022, the project collapsed after Bitci defaulted on its sponsorship payment obligations to the RFEF. Consequently, the RFEF terminated the partnership, revoked all licensing and intellectual property rights, and initiated legal action against Bitci. The loss of official federation backing eliminated the token's underlying utility and governance functions. Following the partnership termination, SNFT experienced multiple exchange delistings and an unrecovered price crash of over 99.8% from its all-time high of approximately $0.86.
SNFT is currently defunct and operates without an active development team, open-source code repositories, or third-party smart contract audits. With trading volume near zero and the counterparty relationship permanently dissolved, the token retains no official connection to the Spain national football team.
