Is a fan token an NFT?

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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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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