What is socios fan token?

Fan tokens allow supporters to vote on certain matters decided by a club and to enter competitions . They must be bought, using Socios.com’s cryptocurrency Chiliz, and can be traded on cryptocurrency markets. Football Supporters Europe was highly critical of the three-year agreement.

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Are fan tokens NFTs?

Fans have access that doesn’t expire and isn’t limited to a particular season. These perks could add an extra layer of pride and prestige to the tokens. What’s more, these sports tokens are completely fungible (unlike NFTs) and can be exchanged in any transaction for products in the future.

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Can you make money from fan tokens?

Tokenization is not stopping at soccer either. By purchasing tokens, fans can participate in the success of their favorite club and even have a bit of a say. With soccer cryptos, you’re in on it financially. … Football fan tokens – the list. Football ClubCoinValueAC MilanACMUS$ 9Football tokens: what do I get out of crypto investing as a fan? token-information.com › how-fans-earn-money-from-football-with-tokens…

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