---
description: This is what lies behind the tokens.
---

# What are Player Tokens?

A player token on EML is an officially licensed cryptocurrency asset of a football player and represents the rights to the name and image for the licensing application of EML. The player token is based on the Polygon blockchain and is issued as an ERC-20 (fungible token or FT).

### EML is not an NFT project

EML holds exclusive rights for the issuance and trading of Player Tokens. The Player Tokens are classified as crypto assets under German law. All Player Tokens are recorded on the blockchain, ensuring all transactions remain transparent, traceable, and immutable.

### Tokens represent the players

A player token is directly linked to the market value from Transfermarkt.de as well as the performance of the footballer it represents. This means you are investing in the current value and the expected future performance that the respective player will deliver for their club.

### The Value of a Player Token

The value of a player token is linked to the respective transfer market value of the corresponding player on Transfermarkt.de. The increase in the value of a player's token results from the rise in the player's transfer market value.
