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The future of sports currency: What are fan tokens and how do they work?

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The future of sports currency: What are fan tokens and how do they work?

Hello Reader,

As a diehard sports fan or enthusiast, you might find yourself trying out new ways to get a more direct and first-hand experience with your favorite sports teams or clubs. Maybe this is the reason many fans participate in fantasy sports, or watch games in a bar, club or restaurant so that they can cheer their favorite teams together.

The latest upgrade on this front has been fan tokens (FTs), which allow its holders to embrace sports in an exceptional way.

These tokens provide fans with exclusive access to sports content, a closer association with the team or club concerned and also monetary rewards. These tokens are a form of cryptocurrency. But as opposed to virtual currencies, fan tokens require making use of blockchain technology from a third party. Read More
Siddharth Jaiswal
About Siddharth JaiswalFounder & CEO, SportZchain
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