### What is Santos FC Fan Token?

The Santos FC Fan Token (symbol: SANTOS) is a digital asset launched in partnership with Binance Launchpool. It is designed to enhance fan engagement and provide exclusive benefits to supporters of the Brazilian football club Santos FC. The token allows fans to have a more interactive relationship with the club through voting, exclusive rewards, and various fan-centric experiences.

### How does Santos FC Fan Token work?

SANTOS operates on the Binance Smart Chain (BSC) utilizing BEP-20 token standards, which are akin to Ethereum's ERC-20 standard. This setup ensures compatibility with numerous digital wallets and exchanges. The Santos FC Fan Token enables holders to participate in various fan engagement activities, such as voting on club decisions, purchasing NFTs, and accessing exclusive events, rewards, and interactions with the team. The Binance Smart Chain's technology supports this ecosystem with fast processing speeds and reduced fees through its Proof of Staked Authority (PoSA) consensus mechanism.

### What are the potential use cases for Santos FC Fan Token?

The Santos FC Fan Token has several use cases designed to enhance the interaction between the club and its supporters:
- **Voting Rights:** Fans can influence club decisions through voting on the Binance Fan Token platform.
- **Loyalty Programs:** Supporters can use tokens for fan rewards, digital collectibles, and fan power points.
- **E-commerce:** The token can facilitate purchasing of merchandise, tickets, and memberships, primarily through Binance Pay.
- **NFTs and Digital Collectibles:** Fans can acquire exclusive NFTs and mystery boxes with unique digital content.
- **Exclusive Engagements:** Token holders can access experiences such as VIP events, signed merchandise, and more personal interactions with players and club legends.

### What is the history of Santos FC Fan Token?

The Santos FC Fan Token was officially launched in late 2021 through a collaboration between Santos FC and Binance Launchpool. The primary goal was to leverage blockchain technology to foster fan engagement and provide novel revenue streams for the club. The token's initial distribution was part of a Launchpool event, allowing fans to acquire SANTOS tokens by staking their crypto assets. Since its launch, the token has become part of a broader movement of fan tokens aimed at increasing interactivity within the sports industry. The maximum supply is capped at 30 million tokens, ensuring controlled inflation and value perspective within the community.

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