Fan Tokens are the utility tokens of Socios.com, created on Chiliz Chain - The Sports Blockchain.
Utility tokens are a type of digital asset. Generally, digital assets include anything created and stored digitally that has, or provides, value.
What sets utility tokens apart is that they are created using blockchain technology and are intended for a specific use, or uses - i.e. utility.
Fan Tokens have very clear utility on Socios.com to Reward your Passion.
How? By empowering you to be rewarded for being what you’ve always been - a passionate fan.
Use Fan Tokens to vote in official team polls, play games, choose your favourite players and predict results, and you’ll generate reward points that lead to extraordinary Fan Rewards, including once-in-a-lifetime experiences, and other perks.
You can get Fan Tokens on the app from our ' marketplace' using Chiliz ($CHZ), our in-app currency. You'll need to top up your wallet with $CHZ first before you can exchange them for Fan Tokens. Click here to learn more about Chiliz ($CHZ) and how to get them.
Once you've topped your wallet with $CHZ, follow these easy steps to get Fan Tokens:
- From the top of the home screen, tap 'Wallet > Market'.
- Choose the Fan Token you want and tap 'Buy'.
- Enter the amount of Fan Tokens you want to get and tap 'Buy'.
Your purchase might take a few minutes until it is confirmed. To check the status of your transaction, follow these steps:
- Tap 'Wallet' on the bottom of your screen.
- Tap 'Transactions'.
- Tap 'Fan Tokens' from the top of your screen.