Review on OG Fan Token by Toprak Dere
About OG Fan Token
The OG Fan Token (OG) is quite different from Socios and Chiliz's other partnerships. While Socios has focused directly on building an ecosystem focused on fan tokens, it has also turned to the e-sports sector. Socios' first partnership from the e-sports sector was with OG. OG is not a football team. The OG team is known as a professional e-sports team specializing in the popular video game Dota 2.
Socios has produced "utility tokens" for many clubs with agreements with sports clubs from all over the world. Fan tokens can be withdrawn to wallets on the Socios application, voting can be cast in polls opened with club decisions, and fan token holders can have a say in some club decisions.
The OG Token was launched on the market at a unit price of $ 2. Launched in June 2020, OG rose to $ 18 on December 29, 2020, breaking the all-time record. The fact that OG has doubled its value by almost 10 reveals how an effective investment fan tokens are.
Pros
- A person who owns his club's fan token can watch the Matches as a VIP guest, meet with the team, and have online conversations with the players.
- Owners of their club's fan token can interact with other fans around the world.
- People who have their club's fan token can vote in the polls opened by the club through the Socios application.
Cons
- none
