VIT meaning in Cryptocurrency ?

Answer:

The Team Vitality Fan Token allows VIT fans to have a tokenized share of influence on club decisions, purchased through the consumer facing platform, Socios.com, fans can engage in a wide variety of club decisions for example, in football, choosing a goal celebration song, in MMA, picking the fighters that should face off and in doing so, earn rewards and money can't buy experiences. Experiences like... having the opportunity to meet and greet with players of their favourite club, receiving VIP treatment at their favourite stadium & much much more. To obtain Fan Tokens, fans must purchase Chiliz (CHZ) Tokens via Socios.com which then can be used to buy VIT Fan Tokens.

Fan Tokens are initially sold in a Fan Token Offering or FTO. FTOs are the initial sale of Fan Tokens which allows fans to buy the Fan Token at a fixed price. work in a similar way to flash sales and are designed to be a fair way for new partnerships to launch Fan Tokens on the Socios.com platform at a discount. At pre-launch a proportion of the total Fan Token supply is made available to users before being listed on the worlds first tokenised sports and entertainment exchange, Chiliz.net. This enables dedicated fans to gain early access prior to Fan Token launches which will be made accessible to everyone.

The growing list of partnerships launching their Fan Tokens on the Socios.com platform include some of the biggest sport organisations in the world from the likes of major European soccer teams FC Barcelona, Paris Saint-Germain, Juventus, AC Milan, Manchester City, MMA giant UFC, NASCAR Roush Fenway Racing, NHL New Jersey Devils, Formula One Aston Martin and the Argentine Football Association.

reference

Full Form	Category
Vishwakarma Institute of Technology, Pune	Academic & Science
Villa I Tatti	Academic & Science
Vellore Institute of Technology	Academic & Science
Vitoria	Airport Code
Van Kampen American Capital Intermediate Term High Income Trust Fund	Business
Vermont Interactive Television	Community
Vocal Institute of Technology	Community
Voice Inactivity Timer	Computing
Visual Information Technologies	Computing
Video Testline	Computing
Vermicon Identification Technology	Computing
Vermont Interactive Technologies	Computing
Virtual Information Technology	Computing
Team Vitality Fan Token	Cryptocurrency
Vitec File Bitmap Graphics	File Type
Vehicle Immobilization Technologies	General
Vitara	General
Vehicle Installation Training	General
Vehicle Information Technology	General
Vitesse	General
Very Important Truck	General
Verbmobil Interface Term	General
Vision Information Transaction	General
Virginia International Terminals	General
Very Inportant Truck	General
Variable Increasing Temperature	General
Vitality	General
Visual Inference Tools	General
Vaginal Implant Transmitter	General
Vice Industry Token	General
Vehicle Income Tax	General
Vehicle Innovation Team	General
Vehicle Inventory Tax	General
Vehicle Integration Test	General
Valvole In Testa	General
Vehicle Intensive Testing	General
Vehicle Implementation Team	General
Vehicle Intelligent Terminal	General
Vehicle Interface Tool	General
Very Important Traveler	Governmental
Vehicle Induced Turbulence	Governmental
Victorian Institute of Teaching	Governmental
Variable Insurance Trust	Insurance
Vitoria, Spain	Regional
Very Important Tailgaters	Sports
Victorian Institute of Technology	Technology
Vidyalankar Institute of Technology	Technology
Vishwakarma Institute of Technology	Technology