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Football Crypto Coins
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So far, across the five major European leagues 24 different clubs have launched or are considering fan tokens, including eight Premier League sides.
Most offer tokens akin to a club-specific crypto-currency - virtual coins can be bought and sold and their value rise and fall depending on supply and demand.
Some clubs, such as Manchester City, also sell digital collectibles known as NFTs (non-fungible tokens).
Most of the clubs offering fan tokens have signed up to a company called Socios that organises the initial sale and subsequent trading of the virtual coins - but other platforms, including Binance and Bitci, are growing too.