Kriptoks

Fan tokens are digital assets that grant users certain ownership or membership rights. They have become increasingly popular in recent years, with many specialized blockchains designed to support tokens. Ethereum and their ERC standard tokens are currently the most widely used platform for these types of tokens. Fan tokens are specific to a team or club and allow fans to acquire voting rights to influence their favorite clubs.

One platform that offers Fan tokens is Socios.com, which is primarily aimed at football fans. The platform enables fans to purchase club-specific Fan tokens, which provide them with the ability to influence the clubs they support. To purchase Fan tokens, fans must first acquire Chiliz ($CHZ), an ERC20 utility token on the Ethereum blockchain that serves as the digital currency for the chiliZ and Socios.com platform.

Once fans have acquired $CHZ, they can participate in a Fan Token Offering (FTO) hosted by the club partner on the Socios.com platform. Fan tokens are finite, digital assets that provide access to an encrypted ledger of voting and membership rights ownership. They allow fans to participate in club decisions and earn rewards for their participation.

One club that has launched its Fan token on Socios.com is Novara Calcio. The Novara Calcio Fan Tokens (NOV) are crypto assets that provide fans with the right to vote in polls published by the club on the Socios.com app. The more fans participate in polls and interact with the platform, the more reward points they can earn. These reward points can be redeemed for exclusive merchandise, once-in-a-lifetime experiences, games, leaderboards, and more.

In summary, Fan tokens are digital assets that provide fans with voting and membership rights specific to a team or club. Socios.com is a platform that enables fans to purchase Fan tokens and participate in club decisions. Novara Calcio is one club that has launched its Fan token on Socios.com, providing fans with the ability to earn rewards for their participation.