Fan tokens are digital assets that let fans take part in a club or brand’s activities. Holders can join polls, unlock perks like merch drops or VIP moments, and feel closer to the team or artist they support. Unlike collectibles, these tokens are interchangeable with each other.
A fan token is a cryptocurrency tied to a specific team, club, league, or entertainment brand. It’s used to boost engagement by giving holders access to member-style benefits such as votes on light club matters or access to special experiences.
General-purpose cryptocurrencies aim to be money, infrastructure, or platforms. Fan tokens focus on engagement. They’re designed to give access and community features, not to solve technical problems like scaling or payments.
Fan tokens are fungible. One unit is the same as any other, which makes trading and swapping straightforward. NFTs, by contrast, are unique items tied to a single piece of content or access right.
Issuers release the tokens on a platform, often through an initial sale known as a Fan Token Offering. Fans typically buy a platform’s native coin first, then exchange it for the team’s token. After purchase, holders can vote on non-critical topics and redeem benefits that the club sets up.
Projects commonly offer polls on small decisions, early access to drops, stadium music picks, bus or jersey design options, ticket upgrades, and occasional meet-and-greets. The exact perks depend on the club or brand.
Many fan tokens sit in the Chiliz ecosystem. Fans use CHZ to join sales on Socios.com, and trading pairs against CHZ are available on the network’s marketplaces. Some tokens also exist outside this ecosystem on other exchanges or DEXs.
Depending on the project, you might acquire a fan token during its offering period or on an exchange later. Prices move with demand and broader market conditions, so the cost can change quickly.
Like other crypto assets, you keep fan tokens in a wallet that controls your private keys. Hardware and non-custodial options are popular for people who want direct control, but they require some basic crypto know-how.
Prices can be volatile, and the voting scope is usually limited to fun or cosmetic topics rather than core team strategy. Treat the utility as membership-style access rather than ownership in the club.