What is a Coin?
A coin is a digital asset that can be used to store, send, and receive value. Coins are typically created by developers who use blockchain technology to create a decentralized ledger of transactions. The most popular coins are Bitcoin, Ethereum, Litecoin, and Ripple. Young Boys Fan Token is the official fan token of Swiss football club BSC Young Boys.
Young Boys Fan Token (YBFT) was launched in partnership with Socios.com in February 2021 as part of the Chiliz Blockchain-based fan engagement platform. YBFT holders will have access to exclusive rewards such as VIP experiences, merchandise discounts, and voting rights on certain club decisions. Fans can purchase YBFT through Socios.com using either credit/debit cards or cryptocurrency.
The purpose of YBFT is to bring fans closer to the team they love by allowing them to participate in various activities such as polls and surveys that will shape the future of the club. Fans can also earn rewards for their participation in these activities such as tickets for matches or exclusive merchandise items.
YBFT tokens are stored in an Ethereum wallet and can be transferred from one user to another via smart contracts on the blockchain network. This ensures that all transactions are secure and transparent.
By purchasing YBFT tokens, fans become part owners of BSC Young Boys and have a say in how the club operates. This allows fans to feel more connected with their favorite team while also having a financial stake in its success.
