Most people see them as a simple way to support a club, creator, or community. But I think the bigger idea is ownership of participation.
An OG fan token can reward the people who were there early.
Instead of only following a project, fans can collect tokens, join community decisions, access special experiences, and sometimes unlock rewards.
The interesting part is the history behind it.
Someone holding an OG token from the early days is not just holding an asset. They are showing that they were part of the community before it became popular.
That makes fan tokens different from many normal crypto narratives.
The real value may not come from speculation.
It can come from identity, access, loyalty, and community.
If projects build useful benefits around these tokens, I think OG fan tokens could become a stronger part of Web3 culture.
The question is simple:
Will future communities remember who joined early?
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I went deeper into the reward mechanics after the Aug 16 bridge incident, and honestly, the APY wasn't what caught my attention.
The real story is who gets paid first, who gets the remainder, and what gets burned.
Block generators take 70% flat, with up to another 10% depending on credits bundled into the certificate. Anything left can be burned instead of going to voters.
Provisioners still secure consensus by voting and attesting, but they split what's left.
That changes how I read “shared consensus rewards.”
I’m not saying the model is wrong. But I’m definitely watching one thing now:
How often does that extra 10% actually reach generators, and how much gets burned? 🔥
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