The market for fan tokens, a volatile cocktail of crypto and sport, is heating up in the desert of Qatar.
Interest in this niche breed of cryptocurrencies, typically linked to sports teams like Barcelona or Brazil, has been charged up by the soccer World Cup which began on Nov. 20.
For some buyers, these token offer the chance to engage with their side and gain perks such as the chance to win prizes and vote on songs played at matches. For others, the tradeable coins provide a new investment opportunity. Similarly in club football, Arsenal's token has fallen 12.5% since the start of the season to $1.68 despite their glittering run to the top of the English Premier League.
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