Binance adds a new update to its fan token program by adding a new system to gain and receive points.
Crypto exchange Binance has launched a new update to its fan token platform that focuses on helping sports teams engage with their fans by offering various rewards to token holders.
Lisa He, Head of NFT and Fan Token at Binance argued that fan tokens are the future of fan engagement. The executive pointed out that the program can bring fans closer to their favorite teams through dinners with their favorite players or even a stadium tour. He explained that:
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