LIVEDO you know about fan token a type of cryptocurrency??
fans is a crypto currency that fans show the support for their favorite team, club, or brand. Fan tokens can be used to access exclusive benefits, such as voting rights, rewards, merchandise, and experiences. Fan tokens are different from NFTs, which are unique digital assets that cannot be exchanged for each other. Fan tokens are fungible, meaning they can be traded and exchanged like other cryptocurrencies.
Fan tokens are usually issued by a platform that partners with various teams, clubs, or brands. One of the most popular platforms is Chiliz, which has launched fan tokens for many sports teams, such as Manchester City, AC Milan, Juventus, and more.
Chiliz also operates Socios.com, a website where fans can buy and sell fan tokens, as well as participate in polls and contests.
Another platform is Binance, which has launched fan tokens for some esports teams, such as NAVI and OG. Binance also offers a fan club feature, where users can earn rewards and badges based on their fan token holdings.
To buy fan tokens, you need to have a crypto wallet and some cryptocurrency, such as BNB, Bitcoin or Ethereum. You can then use a crypto exchange or a platform like Chiliz or Binance to purchase fan tokens with your cryptocurrency. You can also use fiat currency (such as US dollars or euros) to buy fan tokens on some platforms. Once you have fan tokens, you can store them in your crypto wallet or on the platform where you bought them.
Fan tokens are a new way for fans to interact with their favorite teams, clubs, or brands. They can also be a potential source of income, as fan tokens may increase in value depending on the popularity and performance of the team, club, or brand.
Follow me for daily tips and trends, i will drop soon fab token which mostly whales are accumulating til now to maximise portfolio
