What are Fan Tokens?

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3 years ago

Fan Token is the ideal tool to unite two passions of Brazilians, football and technology. Imagine if fans could vote for the team's uniform, choose the stadium's music, skill challenges for the players, or even have exclusive access to the reserve bench?

This is all true with the Fan Token, the cryptography of Socios.com partner clubs. Among them, we highlight Paris Saint-Germain (PSG), Juventus (JUV), Rome (ASR), Independiente (CAI), Atlético de Madrid (ATM), among others.

Ah! This interaction takes place through a mobile application already in operation. In this way, fans can participate in the polls listed by each of the clubs.

Come learn more about this novelty and see how to participate in the universe of utility tokens with the leading volume platform in crypto, the Bitcoin Market.

What is the purpose of Fan Tokens?

Create a unique and personalized experience for its owners, who gain a new way of interacting with clubs and their athletes. This experience may include discounts and offers of products and services, choice of uniforms, selection of music in the stadiums, access to exclusive content, among others.

Each partner club is responsible for offering and managing these promotions and features in the application of the Socios.com platform, available for Android and iOS.

In short, only token holders have access to the polls and exclusive service offers offered by the respective clubs or leagues.

How do Fan Tokens come about?

It is the clubs that determine the initial value and quantity of tokens to be issued. The launch takes place in partnership with the international platform Socios.com, responsible for the application used by fans.

Socios.com is an international platform for interaction between clubs and leagues with its fan base, and the Chiliz token (CHZ) is what unites these two worlds. In short, the initial offer of Fan Tokens is carried out in this application.

In a second moment, these holders are free to trade on the platform of their choice, and the Bitcoin Market will soon be listing some of these Fan Tokens.

Fan Token is a cryptocurrency?

The main characteristic of a utility token, or utility token, is the absence of a promise of appreciation, or of maintaining its value in markets. The logic works in a similar way to collectibles, in which enthusiasts are free to offer products and services in exchange for this material.

The eventual valorization will occur with the growth of the ecosystem, that is, the offer of promotions, votes and exclusive content of the teams. This increases the potential for use and the consequent perception of the token's value.

Exchanges act as intermediaries between buyers and sellers, and are not responsible for the obligation to establish any price levels, or liquidity level. That is, it is the free market among those interested in buying and selling the crypto that determines its quotation.

Until later.
EduOficial


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