What is a fan token?
They are cryptocurrencies or digital assets created in a blockchain that grant their owner access to various benefits in relation to sports fans, they will be able to make decisions about the club through voting, rewards, product designs, among other experiences.
To gain access to the vote, you will use a certain amount of fan tokens, which will allow you to make decisions on team merchandising design, tour bus design, ticketing issues, clothing matching and MVP categories. Decisions about the team will be limited since you do not have complete control over all of them, but in addition, to having access to a fan token you can will receive rewards, team clothing designs, among others.
Fan tokens in the market
According to the coinmarketcap platform, the main fan tokens are: Alpin F1 Team, Paris Saint Germain, Manchester City, FC Barcelona, S.S. Lazio, FC Porto, Inter Milan, Santos FC, AC Milan, Galatasaray, Atlético Madrid and Juventus.
In addition to sports clubs, this type of token is available to anyone, digital fan clubs, music fans, artist clubs, among other organizations that establish leadership.
Fan tokens are fungible tokens, which means they can be exchanged for products and in turn for cryptocurrencies of the same value as other fan tokens, making it a business.