Liverpool FC, a professional football club based in Liverpool, England, has successfully launched its digital currency to allow its fans to purchase non-fungible token players. Liverpool intends to use fan tokens to bring fans closer to their favorite club and athletes.

In a July 25 press release, the English premier league football club announced the successful launch of its digital currency dubbed $LFC. The new fan token will allow sports enthusiasts to purchase NFT players, among other functionalities.

By description, fan tokens are the form of a pass to the team. Unlike other memberships, fan tokens have no expiry. Sports fan can use their fan tokens to acquire non-fungible token avatars and list them on other digital asset exchange platforms.

Liverpool has unleashed an exclusive limited collection of 6,000 unique NFTs. These digital collectibles will give holders exclusive access to the game as each NFT will represent a character “avatar” playable in the club.

https://coins-gazette.com/post-detail/liverpool-launches-fan-tokens-enabling-fans-acquire-nft-players