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Educational Post
Fan Tokens
Fan tokens are digital assets that are created by sports teams, clubs or brands to increase fan engagement and create new revenue streams.
They are built on blockchain technology and allow holders to engage with the team, from buying priority tickets to voting on club decisions such as choosing a new kit, slogan, or jersey design.
Fan tokens are purchased with cryptocurrency, and the ownership of the token gives the fan benefits or privileges, such as access to exclusive content or merchandise, voting rights, or even the ability to earn rewards. Note that fan tokens are different from non-fungible-tokens (NFTs) in that they are fungible.
This means that any given fan token is equal in every way to any other token of the same type, just as one BTC is equal to another BTC.
Fan Tokens
Fan tokens are digital assets that are created by sports teams, clubs or brands to increase fan engagement and create new revenue streams.
They are built on blockchain technology and allow holders to engage with the team, from buying priority tickets to voting on club decisions such as choosing a new kit, slogan, or jersey design.
Fan tokens are purchased with cryptocurrency, and the ownership of the token gives the fan benefits or privileges, such as access to exclusive content or merchandise, voting rights, or even the ability to earn rewards. Note that fan tokens are different from non-fungible-tokens (NFTs) in that they are fungible.
This means that any given fan token is equal in every way to any other token of the same type, just as one BTC is equal to another BTC.