Fan Tokens Beginner's Guide
Fan Tokens are digital assets issued by sports teams, clubs, or brands, primarily to enhance fan engagement and create new revenue streams for issuers.
Fan Tokens What They Can Do
Fan Tokens are built on blockchain technology. Holders may participate in fan activities according to the issuer's rules, such as priority ticket purchases, access to exclusive content, purchases of limited-edition merchandise, or voting on club matters such as jersey designs and slogans. The specific benefits are not fixed and should be based on the arrangements announced by each issuer.
Key differences between NFT and
Fan Tokens generally have fungible characteristics: each token of the same type is equivalent to and interchangeable with every other, similar to one BTC and another BTC are equivalent.NFT are used to represent unique digital or real-world assets, which generally cannot be directly exchanged with one another; this is key to understanding the differences in their uses and characteristics.
Original Tutorial
https://www.binance.com/en/academy/glossary/fan-tokens
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