What are Fan Tokens ?

Today we’re going to Discuss about What are Fan tokens ?

What are Fan Tokens ?
Fan Tokens are digital assets 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 connect 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 ownership of the token gives fans benefits or privileges, such as access to exclusive content or merchandise, voting rights, or even the ability to earn rewards. Note that fan tokens differ from non-fungible-tokens (NFTs) in that they are fungible.

This means that any given fan token is identical in every way to any other token of the same type, just as one BTC is identical to another BTC.