If you're a fan of English football, you'll know that Tottenham Hotspur Football Club has recently made headlines for remaining undefeated in the English Premier League as of this time of writing. To capitalize on its red-hot form, the club has made a groundbreaking move by introducing fan tokens, a new way for Spurs fans to show their support for the team.
New to the world of digital collectibles and fan tokens? Don't worry — our guide to SPURS tokens will provide an overview of the Tottenham Hotspur fan tokens, how they work, and how fans can get involved and benefit from them while still showing support for their favorite North London football club.
What are fan tokens?
Before we do a deep dive on SPURS fan tokens, it's key to first understand what fan tokens are. Often dubbed as cryptocurrencies designed for diehard supporters, fan tokens are tokens that provide membership benefits to fandoms of sports teams and other groups. Holders of fan tokens are often entitled to unique membership perks. These include access to exclusive content, merchandise, experiences, and the right to vote on club decisions.
What is the SPURS token and how does it work?
The SPURS fan token is part of Tottenham Hotspur's One Hotspur Membership digital loyalty program and grants SPURS holders a wide range of perks and benefits. SPURS fan token holders are rewarded for their activity and engagement on Socios.com, one of the world's leading fan engagement and rewards apps.
According to the team's commercial sales director, SPURS fan tokens will build on the many benefits of their popular One Hotspur Membership program and provide even more opportunities for fans around the world to interact with their favorite football club. This falls in line with how many of today's top football clubs and sports teams are transitioning to a fan token style of membership. Since fan tokens involve a one-off purchase — in contrast to traditional membership programs that feature an ongoing subscription fee — they ultimately lower the barrier to entry for fans and supporters who prefer the one-time fee approach.
As a publicly traded fan token, the SPURS token's price will likely be impacted by the football club's weekly performance in its various league and cup matches. While the SPURS fan token has not yet been listed for an extended period, we can refer to fan tokens of other football clubs as a benchmark for how the price of SPURS is likely to fluctuate over time. For example, when the Brazil national football team got eliminated from the 2022 World Cup tournament in the quarter-finals, the Brazil National Football Team Fan Token ($BFT) plunged more than 60% overnight. Conversely, on Argentina's successful World Cup run, Argentine Football Association Fan Token ($ARG) rose more than 25%.
SPURS fan token benefits and perks
Tottenham Hotspur supporters will enjoy all-new opportunities to interact with the team and celebrate their successes thanks to the launch of the SPURS fan token. SPURS fan token holders will gain access to the following:
The ability to vote in Tottenham Hotspur club polls. Examples include voting for man-of-the-match players and predicted scorelines, which will grant poll participants reward points.
Access to exclusive merchandise and collectibles like used player jerseys and autographed jerseys.
Enhanced fan experiences like featured big screen messages, private matchday tours, training day experiences, and VIP box tickets.
Exclusive interaction opportunities with Tottenham Hotspur players and staff through virtual meet and greets, joining the team on its annual Summer Tour, and experiencing a day with the team's kit man for a behind-the-scenes experience.
SPURS fan token tokenomics
Keen to learn about the tokenomics of the SPURS fan token? Here are some handy statistics:
SPURS will have an opening price of $2 and a fully diluted valuation of $80,000,000.
At its global launch, 2,500,000 SPURS fan tokens will be released to the public. This will cause SPURS to have a circulating supply of 3,000,000 at its Token Generating Event.
The remaining 37,000,000 SPURS fan tokens will be released over the next decade on a monthly basis.
The final word
Fan tokens are an innovative way for sports fans to engage and become more connected with their favorite sports teams. As a result, the SPURS fan token presents a fantastic opportunity for both long-time Tottenham Hotspur supporters and casual football fans to interact with the team.
Holding SPURS fan tokens is a great way for football fans to show their support for the popular North London football club. That's because of the perks and benefits of holding such fan tokens, which range from the opportunity to score VIP tickets to voting for fan-favorite players in club polls for bonus rewards.
Interested in picking up SPURS fan tokens yourself? Those interested can choose to get involved by checking out the SPURS token with us today.
