OG Fan Token (OG) news

What is OG Fan Token?

The OG Fan Token (OG) is a digital asset that represents membership and voting rights for fans of the OG Esports team, which has been active in Dota 2 since its formation in 2015. The token operates on the Ethereum blockchain, utilizing the ERC20 utility token standard. It was introduced as part of an application intended to give sports and esports fans a say in their favorite teams through the use of Fan Tokens. OG Fan Tokens are associated with a digital currency, which is linked to an encrypted ledger of voting and membership rights, allowing fans to have a say in the direction of the team. This approach is intended to involve fans more directly in decision-making within the esports realm.

How does OG Fan Token Work?

Chiliz (CHZ) is a digital currency that operates on the Ethereum blockchain and serves as the ERC20 utility token for the chiliZ and Socios.com platform. The platform has introduced a new category of token called the Fan Token, which is associated with specific teams or clubs. To acquire Fan Tokens, fans must purchase CHZ via a cryptocurrency exchange. These tokens are finite digital assets that provide access to an encrypted ledger of voting and membership rights ownership. The platform aims to give fans a say in the direction of their favorite teams and clubs through the use of Fan Tokens.