## **What are Fan tokens?**
Tokens are generally assets that can represent proof of ownership or even membership. As tokens are already being used for a wide range of purposes, many specialized blockchains have been developed with native intent to support tokens, the most common of which is currently Ethereum and their ERC standard tokens. Socios.com is an app primarily for football (soccer) fans, where users acquire voting rights to influence the clubs they support by acquiring club-specific Fan tokens. 


## **How do Fan tokens work?**
[Chiliz ($CHZ)](https://coinmarketcap.com/currencies/chiliz/) is an ERC20 utility token on the Ethereum blockchain that serves as the digital currency for the chiliZ and Socios.com platform. In launching their platform, alongside other sports blockchain ventures, a new category of token has emerged — the Fan Token. Once onboard the Socios.com platform, yet to-be-announced club partners host what has been called a Fan Token Offering (FTO). Fans must purchase $CHZ via a cryptocurrency [exchange](https://coinmarketcap.com/alexandria/glossary/exchange/) in order to acquire Fan Tokens. These tokens — which are specific to a team or club — are a finite, digital asset that provide access to an encrypted ledger of voting and membership rights ownership.

## **About Sint-Truidense Voetbalvereniging**
Koninklijke Sint-Truidense Voetbalvereniging, also known as STVV, is a very history-rich Belgian football Club. Created in 1924, under register number 373, the Limburg Club made its debut in the Belgian's top league in the season '57 - '58. After its best stunt in '65 - '66, winning the league cup and two finals, among other great seasons, the club is now owned by the Japanese company DMM.com Ltd since 2017. With a very international group, the Club hopes to be one of the top Belgian teams in the near future.

Sint-Truidense Voetbalvereniging Fan Token

Chiliz

Paris Saint-Germain Fan Token

FC Barcelona Fan Token

Argentine Football Association Fan Token

OG Fan Token

Samsunspor Fan Token

Natus Vincere Fan Token

Clube Atlético Mineiro Fan Token

Valencia CF Fan Token

Alanyaspor Fan Token

Sao Paulo FC Fan Token

Aston Villa Fan Token

Young Boys Fan Token

Leeds United Fan Token

Millonarios FC Fan Token

Apollon Limassol

Davis Cup Fan Token

Alliance Fan Token

Universidad de Chile Fan Token

Roush Fenway Racing Fan Token

BoutsPro

EOSDT

Wrapped Astar

Manchester City Fan Token is a fan token by Socios.com — an app built on the Chiliz (CHZ) blockchain. Socios has created fan tokens for several other football clubs, the most popular of them being (PSG), as well as fan tokens for UFC and car racing. Fan tokens give holders a stake in the club’s governance by allowing them to influence decisions, unlock VIP rewards, and access to exclusive promotions, games, and special recognition.

Following the massive success of PSG’s launch in January 2020, Manchester City Football Club decided to launch CITY in March 2021. Its success will mainly depend on the club’s success on the pitch and the development of blockchain technology. The token price spiked when Cristiano Ronaldo was rumored to join the club, but decreased after the transfer failed to go through.

Manchester City Fan Token

Pascal

Graviocoin

QuadrantProtocol

WHEN Token

Ycash

Fan Tokens allow fans across multiple sports verticals to exercise their share of influence within their favourite teams/leagues/clubs. Through Socios.com, fans empowered to participate in certain club decisions, for example, choosing a goal celebration song in a football stadium, choosing which fighters should go head to head in MMA and more. Thanks to Fan Tokens, holders receive access to once in a lifetime experiences such as player meet and greets, training day events & much much more.

The growing list of partnerships launching their Fan Tokens on the Socios.com platform include some of the biggest sporting organizations in the world such as FC Barcelona, Inter Milan, AC Milan, Manchester City, UFC, ROUSH Fenway Racing, Aston Martin, just to name a few.

Tachyon Protocol

Jinbi Token

Humaniq

DucatusX

TranslateMe Network Token

ClubCoin

EurocoinToken

MultiversX is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.

MultiversX rewards the community and active participants with EGLD tokens. EGLD, or Electronic Gold, is MultiversX's native token. It acts as a store of value currency to pay for network usage. The coin also serves as a medium of exchange between platform users and validators. Users pay transaction fees in EGLD and validators provide services.

EGLD allows developers to deploy smart contracts, protocols, and dApps on the platform. It empowers participants to perform any network action. Through staking and validation rewards, as well as transaction fees, EGLD manages the MultiversX network. Plus, EGLD is endowed with the functionality of a governance token, so its holders can vote on network decisions.

MultiversX was first announced in August 2019, and its mainnet went live in July 2020.