Fan Token

What is Fan Token?

A unique type of cryptocurrency called fan tokens allows owners access to different fan-related activities. These fan-related events include selecting some club policies by voting, receiving special match ticket discounts, choosing the look of clubs' buses, etc.

With fan tokens, fans can become members, receive exclusive deals, and participate more actively than ever in team choices. Fan tokens are "fungible" in contrast to non-fungible tokens since they may be exchanged for other tokens of the same kind (NFTs).

The worth of fan involvement and participation determines how much weight fan tokens carry because they work under the no-fixed-value principle. The value of fan tokens changes frequently. A fan token has a set initial price. Then, as time passes, it either loses or acquires value. The sports team that issues fan tokens controls the kind of fan interactions, involvement, and revenue streams.