imported>Doug Williamson |
imported>Administrator |
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| ''Digital assets - sports.''
| | Commonly used term for a volatility index. |
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| A fan token is a digital asset relating to a sports team, granting the holder preferential experiences, merchandising options and potentially voting rights in selected corporate decisions.
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| :<span style="color:#4B0082">'''''Non-sports fan tokens'''''</span>
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| :"... given the evident revenue and marketing potential, why should fan tokens remain the exclusive preserve of sports corporations? Couldn’t any type of company get in on the action?
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| :One business that has taken a keen interest in fan tokens is New Delhi-based TMT Law Practice – which, in March, published a detailed overview of the market from a legal perspective.
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| :In TMT’s view, it is important to consider fan tokens within the broader context of ‘utility tokens’: crypto products that are designated with certain specific use cases by the companies that issue them.
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| :'Contemporarily,' the firm says, 'fan tokens are associated primarily with the sports industry. However, other industries – such as media and entertainment – are already exploring opportunities to make use of them.'
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| :In TMT’s assessment, other industries that may benefit from exploring opportunities in the fan tokens market include fashion and apparel, food and beverages, fine arts, merchandising, stationery, performing arts and consumer technology.”
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| :''The Treasurer online - 6 May 2022.''
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| == See also == | | == See also == |
| * [[Blockchain]] | | * [[VIX]] |
| * [[Crypto]] | | * [[Volatility index]] |
| * [[Cryptoassets]]
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| * [[Digital asset]]
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| * [[Fungible]]
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| * [[Intangible assets]]
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| * [[Internal Crypto-Assets Task Force]]
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| * [[Non-fungible token]]
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| * [[Token]]
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| * [[Tokenise]]
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| [[Category:The_business_context]]
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| [[Category:Corporate_finance]]
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| [[Category:Investment]]
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| [[Category:Long_term_funding]]
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| [[Category:Financial_products_and_markets]]
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