Fans

The Atletico de Madrid Fan Token is a cryptocurrency-based digital asset associated with the Spanish football club Atlético de Madrid.

Sports fans all around the world are suffering from the COVID-19 restrictions: the matches are being delayed, the brands stop launching products for the followers, and the team players keep getting sick and skipping meetings with fans.

Football fans worldwide take so much pride in the sporting experience. It's essentially a period where families spend quality time together. Given this, Football clubs are always on the lookout for new and improved ways of making the matchday experience exciting.

William Quigley loved baseball cards during his pre-teens. As the founder of WAX (Worldwide Asset Exchange), you might think Quigley’s crowning achievement may have been to strike a deal with Topps Baseball Card company, so WAX could manage and create NFTs with the MLB.

Acclaimed Death Row Records Artist Riskie Forever and Zelus Deliver 7 Days of New Art Inspired by 7 Day Theory Culminating in 1:1 Auction of Original Album Cover Painting

As a welcome gift, Lionel Messi, a famous football player, received a package of cryptocurrency fan tokens from the Paris Saint-Germain (PSG) football club, triggering a price spike.

English premier league football giant Manchester city joins a list of other soccer clubs such as Barcelona FC and PSG who are already using their own digital tokens. The club recently announced the launch of its own $CITY Fan Token. In this way, fan tokens seem to invade football.

A US baseball club accepts bitcoin payments for the 2021 season. It seems to become a trend of adopting and using digital transaction systems in the sports industry.

Since the advent of cryptocurrency, the digital payment world has become very diverse. New forms of digital currencies are being developed every now and then. One of the latest developments include social tokens, a form of digital assets that are backed by the reputation of the community, the creator, an individual or a brand.