What are Fan Tokens?

Do you ever feel like you're the most loyal fan in the world, but your sports club doesn't even know you exist? Do you sometimes wish you could show them how much you believe in them or influence important decisions that help to improve the club's brand? 

Well, now you can, with Fan Tokens!

Fan Tokens are a groundbreaking new way for sports fans to engage directly with their favourite sports club using the power of blockchain technology. Developed by Socios and built on the Chiliz (CHZ) network, Fan Tokens provide a way for sports clubs to better engage with their fans, offering exclusive benefits like voting, VIP rewards, and more.

So how do they work?
Through a collaboration with Socios.com, sports organizations can create special Fan Tokens for their specific sports teams. They can then decide what unique benefits and exclusive offerings their fans will receive by owning Fan Tokens and they can list the tokens for sale on cryptocurrency exchanges.

There is a wide range of really cool VIP benefits that people around the world have already received via Fan Tokens, including making stadium announcements, winning signed memorabilia, and even meeting their favourite sports stars! However, the most popular use for Fan Tokens is the opportunity to take part in voting on club decisions.

Have your say!

Sports teams use the Fan Tokens platform to provide their fans with a way to vote on club decisions. All participants receive one vote for each Fan Token they hold for that respective club, although some interactions require a minimum number of tokens to participate. 

Each interaction and the amount of tokens required is decided on an individual basis but in most cases, just having one Fan Token is enough to get involved! Some examples of decisions in which you could have a say include the players' outfit designs, the team motto, or even the team selection for certain games. 

Are Fan Tokens like NFTs?
No. Unlike NFTs, Fan Tokens are not individually unique, and each specific team Fan Token is worth the same value as all other Fan Tokens of that same team. You can own as many Fan Tokens as you like and freely swap and trade Fan Tokens with other users on an exchange like Zonda.

The more Fan Tokens you own of your favourite sports club, the more influence you have in team decisions and the more chances you have of being a lucky winner in spot prizes! Sure, they may not include a picture of a funny-looking monkey, but they offer so much more in added features and benefits! 

How can I buy Fan Tokens?
You can now buy Fan Tokens directly on the Zonda exchange! Simply register for a free account, top up your balance with your chosen currency (PLN, EUR) and buy the Fan Tokens of your choice. 

Initially, Zonda will be listing Fan Tokens for Polish football team Legia Warszawa ($LEG) and Italian football club Juventus ($JUV), with plans for further listings in the future. Initial trading pairs will include LEG/PLN, JUV/PLN, and JUV/EUR.