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What is Fan Token?


Fan tokens provide their holders with rewards, unique experiences, voting rights in club decisions, product and jersey designs, etc. represent cryptocurrencies. They can be used by sports clubs, music fan clubs, and other organizations to democratize and organize user experiences, build club leadership, and more.
What Does Fan Token Do?
Tokens can be used to purchase club items, VIP experiences and much more. In addition, it allows clubs to establish an even stronger relationship with their fan community.
Fan tokens are cryptocurrencies that are not supported by the core value principles of Bitcoin or Ethereum. They derive their value from how much fans value joining the club and reap unique benefits.
Chiliz (CHZ) started a trend as the first and most notable fan token. Subsequently, many fan tokens such as PSG Fan Token, Galatasaray Fan Token and Juventus Fan Token emerged. These cryptocurrencies also bring a new perspective to the Blockchain space. #ContentStar#
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