OG Fan Token (OG) is a fan token based on the Chiliz Chain of the OG e-sports team.
OG fan token (OG) is a utility token that provides tokenized shares of fans' ability to participate in team decision-making through the use of Socios' apps and services for the OG e-sports team ("OG").
Socios is a blockchain-based fan interaction and rewards platform supported by Chiliz for the sports and entertainment industries.
OG is a utility token built on the Chiliz Chain (Chiliz Chain is a Proof-of-Authority sidechain built on Ethereum). OG is mainly used for the following:
Governance: OG holders can vote on various binding "fan decisions" issued by OG through smart contracts.
Rewards: OG holders can participate in activities on Socios to earn rewards.
Token staking: In the future, OG can be staked to earn non-fungible token (NFT) rewards.