Question 1

What are FAN TOKEN® Digital Assets?

Accepted Answer

Fan Tokens are blockchain-based digital assets that let supporters participate in club decisions, and access benefits connected to their favourite sports teams.

Their main features include:

Voting: Holders may vote in official polls on subjects such as stadium anthems, merchandise designs or fan activities.
Rewards: Providing access to signed merchandise, tickets, digital rewards or once-in-a-lifetime experiences.

Unlike Bitcoin or Ethereum, Fan Tokens digital assets are created for a particular sporting community, rather than as general-purpose digital currencies. They are also fungible, meaning one unit is normally interchangeable with another unit of the same token. An NFT, by comparison, is individually identifiable and may represent a unique item.

Question 2

What blockchain do Fan Tokens run on?

Accepted Answer

Official Fan Token® digital assets run on CHILIZ® Chain, the blockchain for sport. More than 70 have been minted for world leading clubs.

Question 3

Which sports teams and organizations have official Fan Tokens?

Accepted Answer

Official Fan Token digital assets have been launched by more than 70 major sports teams across football, motorsports, gaming, and combat sports.  Examples include: Football : FC Barcelona ($BAR), Paris Saint-Germain ($PSG), Manchester City ($CITY), Juventus ($JUV), Arsenal ($AFC), Inter Milan ($INTER) AS Roma ($ASR) and many more. Motorsports:  Alfa Romeo F1 Team ($SAUBER), and Aston Martin Cognizant ($AM). Gaming: OG ($OG) Combat Sports: UFC ($UFC) and Professional Fighters League ($PFL).

Question 4

What’s the difference between them and cryptocurrencies?

Accepted Answer

A Fan Token® is a utility token built for community-specific participation. “Cryptocurrency” is a broader category covering assets used for payments, network fees, value transfer and other blockchain functions.

Purpose: Fan Token digital assets connect a defined community with an issuer.
Utility: They provide access to polls, rewards, experiences and token-gated features. General-purpose cryptocurrencies vary by asset and may support transfers, network fees or decentralised applications.
Governance: Fan Token® governance is generally limited to the choices made available to holders. General-purpose cryptocurrencies may have no governance, community-led governance or protocol-wide governance.
Market drivers: Fan Token® markets can be influenced by team news and sentiment, community activity, token utility and the wider crypto market. General-purpose cryptocurrencies can be influenced by adoption, supply and demand, regulation, technology and broader market sentiment.

Fan Tokens therefore use cryptocurrency technology but apply it to the relationship between a sports team and its supporters. Read our full Fan Token® and other virtual assets comparison, revisit the Fan Token beginner’s guide, or learn what tokenisation means.

Question 5

What are the benefits of owning Fan Token digital assets?

Accepted Answer

The main benefits of Fan Token digital assets are participation, access and rewards connected to a particular community. Utility varies by issuer, so holders should check what is currently available before buying. Voting rights: Holders may take part in official polls on fan-facing subjects, such as goal anthems, kit details, digital content or community initiatives. These are defined choices, not control over team selection, transfers or corporate policy. Rewards and experiences: Fan Token® rewards can include signed merchandise, match tickets, meet-and-greets, VIP access or digital collectibles. Availability and eligibility may vary. Exclusive access: A token can act as a digital pass for holder-only competitions, content, events or early access to selected activities. Tradability: Fan Token digital assets can be bought and sold on exchanges. Their value may rise, but it can also fall; appreciation is never guaranteed and should not be treated as a core benefit.

Question 6

Where can you buy and store Fan Tokens?

Accepted Answer

Fan Tokens can be acquired and held on Socios.com as well as on multiple exchanges. The Socios.com app serves as the primary wallet and engagement hub for acquiring and holding tokens, participating in official polls, and accessing club rewards. Exchanges:  Fan Tokens are listed on many of the world's leading exchanges, including Binance, Bitget, MEXC, Paribu, Gate, and many more. As well as this, they are also available on decentralised exchanges (DEXs), with Kayen being the leading Fan Token DEX. Storage and Wallets: They can also be held in non-custodial wallets (such as MetaMask or Trust Wallet) configured for the Chiliz Chain.

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