Blockchain and FootBall:Fan Token

The football sport is one of the most loved sports in the world. Because the love for football by fans, the football teams have been able to utilize this passion to money. We can see that from the sales gotten from tickets, jerseys, boot and even signed jerseys. Because of the ways their fans love their teams, they are willing to spend any amount to show their love. But just as the world is evolving into blockchain so is the football industry.

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The football Industry have found a new way to connect with their fans using blockchain technology. This way no matter where their fans are they can always feel and engage with their fans and at the same time make money also. I guess the COVID-19 pandemic has a lot to do about this. This is because during the lockdown, football teams didn’t really make much because of the no activities in the world. But now with the blockchain technology and new ways of creating money, they get to connect and still make money regardless of where their fans are. They created their own tokens.

This tokens are just like your normal stock but not called stock in this context. They are called Fan Tokens because they are meant for the fans. You buy them with real money and they have real value. You can exchange with other fans and it still has a value.

Owning the tokens just don’t give them access to money but it gives them access to experience. Because they possess this tokens they are given access to some exclusive experience and contents. They are granted the rights to vote about some decisions in their favorite clubs. For instance if the club wants to design a new stadium or a new bus, they give their fans the opportunity to vote for what design they would love, knowing how passionate their fans, they know this will give them a deeper connection with the club. These decisions are allowed to made by the token owners. But it’s still just business for the club because they have invented a strategic new means to turn their passion to money.

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These are some of fan tokens, their prices and market cap



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