GAL meaning in Cryptocurrency ?

Answer:

What are Fan tokens?

Tokens are generally assets that can represent proof of ownership or even membership. As tokens are already being used for a wide range of purposes, many specialized blockchains have been developed with native intent to support tokens, the most common of which is currently Ethereum and their ERC standard tokens. Socios.com is an app for football (soccer) fans, where users acquire voting rights to influence the clubs they support by acquiring club-specific Fan tokens.

How do Fan tokens work?

Chiliz ($CHZ) is an ERC20 utility token on the Ethereum blockchain that serves as the digital currency for the chiliZ and Socios.com platform. In launching their platform, alongside other sports blockchain ventures, a new category of token has emerged — the Fan Token. Once onboard the Socios.com platform, yet to-be-announced club partners host what has been called a Fan Token Offering (FTO). Fans must purchase $CHZ via a cryptocurrency exchange in order to acquire Fan Tokens. These tokens — which are specific to a team or club — are a finite, digital asset that provide access to an encrypted ledger of voting and membership rights ownership.

About Galatasaray

Galatasaray Sports Club was founded in 1905 by the students of Galatasaray Lycee in the Beyoglu area of Istanbul. With their fiery yellow and red color palette and a tradition of intimidation on the pitch, the club has more than earned its nickname – the “Lions”. 22-time winners of the Turkish Super League (most recently in the ‘18/’19 season) Galatasaray are also the only Turkish club to have claimed the UEFA Cup & Super Cup when they reigned supreme in 2000.

reference

Full Form	Category
Gallium Arsenide Lase	Academic & Science
Guideline for Analytical Listening	Academic & Science
Girls At Library	Academic & Science
Galena (ak)	Airport Code
Galantas Gold	Business
Guild of American Luthiers	Business
Global Aerospace Logistics	Business
Galatians	Community
Graphics Adapter Language	Computer and Networking
Gameboy Assembly Language	Computer Assembly Language
Gallery	Computing
Gnome Application Libraries	Computing
Corel Multimedia Manager Gallery file	Computing
Global Address List	Computing
Gallant	Cryptocurrency
Galatasaray Fan Token	Cryptocurrency
Gate Array Logic	Electronics
Gallery (corel Multimedia Manager)	File Type
Go Away Lady	General
GenePix Array List	General
General Aircraft Ltd	General
Graphics Abstraction Layer	General
Global Architecture Luxury	General
Groupement Automobile Lourd	General
Mitsubishi Galant	General
Ford Galaxie	General
Great Appellate Lawyer	General
Go Ahead London	Governmental
Grupos Antiterroristas de Liberacion	Governmental
Guardian At Large	Governmental
GHATLA	Indian Railway Station
Grupos Antiterroristas de Liberación	International
Goes Away Laughing	Internet
Glutes Abs And Legs	Medical
Get A Life	Messaging
Generic Array Logic	Messaging
Getting All The Loot	Messaging
Gyscoal Alloys Limited	NSE Company Symbol
Galena, Alaska USA	Regional