Santos Fan Token is a cryptocurrency created by the Brazilian soccer club Santos FC in partnership with the blockchain company Chiliz. The token is built on the Chiliz blockchain infrastructure and uses the CHZ token as its native currency.
Santos FC Fan Tokens are aimed at enhancing fan engagement by offering exclusive fan rewards, experiences, merchandise, and voting rights in club-related matters. Fans can purchase these tokens on the Socios.com platform or on other supporting crypto exchanges.
The Santos FC Fan Token is not only a tool for fan engagement but also a means to increase revenue for the club. Santos FC has joined other prominent football clubs, such as FC Barcelona, Juventus, and Paris Saint-Germain, in launching its own Fan Token.
As a blockchain-based token, Santos FC Fan Token is decentralized and provides greater transparency and security in its transactions compared to traditional means of fan engagement.