The Team Vitality Fan Token allows VIT fans to have a tokenized share of influence on club decisions. It can be purchased through the consumer facing platform, Socios.com. Fans can engage in a wide variety of club decisions, such as choosing a goal celebration song in football and picking the fighters that should face off in MMA. By participating, fans can earn rewards and money can't buy experiences, such as meeting and greeting players and receiving VIP treatment at stadiums. To obtain Fan Tokens, fans must purchase Chiliz (CHZ) Tokens via Socios.com, which can then be used to buy VIT Fan Tokens.

Fan Tokens are initially sold in a Fan Token Offering (FTO), similar to flash sales, at a fixed price. This allows fans to buy the Fan Token at a discount and provides a fair way for new partnerships to launch Fan Tokens on the Socios.com platform. Before being listed on Chiliz.net, a tokenized sports and entertainment exchange, a proportion of the total Fan Token supply is made available to users during the pre-launch phase. This gives dedicated fans early access prior to Fan Token launches, which will eventually be accessible to everyone.

The Socios.com platform has a growing list of partnerships with some of the biggest sport organizations in the world. This includes major European soccer teams like FC Barcelona, Paris Saint-Germain, Juventus, AC Milan, and Manchester City. Other partnerships include MMA giant UFC, NASCAR Roush Fenway Racing, NHL New Jersey Devils, Formula One Aston Martin, and the Argentine Football Association.