Fan tokens are a form of cryptocurrency that allow holders to vote on mostly minor decisions related to their clubs. said Lionel Messi’s signing-on fee would include some of its own cryptocurrency fan tokens.
Similar to bitcoin and other digital currencies, fan tokens can be traded on exchanges. They also share in common with other cryptocurrencies a tendency for wild price swings, leading some regulators to issue warnings to investors about digital assets. Supporters are divided over the topic. Some appreciate the novel way to engage with their teams and help make decisions, even if only on small-time matters such as the song played at matches after a goal is scored or images used on social media.
Others dismiss the tokens as superficial participation that adds to the already growing costs of following their teams. AS Monaco, who have won eight Ligue 1 titles and were runners-up in the 2004 Champions League final, are currently seventh in the league.
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Source: IrishMirror - 🏆 4. / 98 Read more »