Our notes:
Fan tokens are relatively new creations popularized by the Chilliz blockchain network. They provide special membership benefits to holders of the fan tokens and are freely tradable on the exchanges. The more fan token a member has, the more membership benefits he or she enjoys giving them a sense of exclusivity and probably pride. Though they are not as popular as NFT or Defi, they have the potential to do so in the future.
For an extensive explanation of Fan Tokens and for a better understanding of them, you may refer to this article by Alexandria of Coinmarketcap.
Check out the original article here
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