İstanbul Başakşehir Fan Token (IBFK) is a digital asset that represents proof of ownership or membership for the fans of Istanbul Başakşehir FK, a football club competing in Turkey's top league, the Süper Lig. The token is part of a new category of tokens known as Fan Tokens, which are hosted on the Socios.com platform. These tokens are finite digital assets that provide access to an encrypted ledger of voting and membership rights ownership. The IBFK token is intended to bring fans closer to the club they support by offering them a say in club decisions through voting rights.

The İstanbul Başakşehir Fan Token is designed to operate on the Socios.com platform, which caters primarily to football fans. To acquire Fan Tokens, fans must first purchase Chiliz ($CHZ), an ERC20 utility token on the Ethereum blockchain that serves as the digital currency for the Socios.com platform. Once they have $CHZ, they can participate in what is known as a Fan Token Offering (FTO) to acquire Fan Tokens specific to their team or club. These tokens grant fans voting rights to influence the clubs they support.

The primary use case for the İstanbul Başakşehir Fan Token is to provide fans with voting rights to influence the decisions of the Istanbul Başakşehir FK football club. By owning these tokens, fans can participate in club-specific decisions, thereby enhancing their engagement and connection with the club. Additionally, the Socios.com platform includes features such as Token Hunt, Marketplace, and Fan Rewards, which may provide additional benefits and rewards for token holders.

The İstanbul Başakşehir Fan Token is associated with Istanbul Başakşehir FK, a football club founded in 2014 that competes in Turkey's top league, the Süper Lig. The club has been a part of the Süper Lig since its foundation and won its first Süper Lig championship in the 2019/20 season. The Fan Token was designed to enhance fan engagement and participation in club decisions. It operates on the Socios.com platform, which utilizes blockchain technology for fan engagement.