WHY FAN TOKENS SHOULD NOT REPRESENT OWNERSHIP

In launching our Socios.com platform, a new category of token has emerged — the Fan Token. 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. These tokens — which are specific to a team or […]
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WHAT IS A FAN TOKEN AND HOW DO THEY WORK?

In the blockchain world, the word ‘token’ and ‘coin’ are often bandied about. But what are tokens, how do they differ from coins, and how can you ‘use’ a token? A cryptocurrency is often referred to as ‘coins’ or ‘tokens’. Their purpose is to be items of inherent value that are designed to enable purchases, […]
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