A Security Token represents an asset or an entitlement to an earning stream or dividends. ... Once onboard the Socios.com platform, our (yet-to-be-announced) club partners host what we have termed a Fan Token Offering (FTO). Fans must purchase $CHZ via a cryptocurrency exchange in order to acquire Fan Tokens . Besides winning matches, raising money, and appreciating fans, football clubs indulge in two important activities. From supporting fantasy leagues to online betting, football clubs undertake several activities to boost user engagement and raise money. Several football clubs are turning to “fan tokens” for boosting fan engagement and raising funds. The initial interest in tokens started in 2018 , with many popular soccer clubs worldwide considering this innovation. Over the years, many of them had already integrated digital coins into their practice. Let’s examine. What is a Fan Token? A virtual fan token is a cryptocurrency-based token that can give you exclusive right