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Home Crypto News

Arsenal club launches fan token for supporters

July 20, 2021
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Arsenal Launches AFC Fan Token on Socios

Popular English football club Arsenal is launching a new fan token via a partnership with Socios, offering participating supporters the energy to make staff selections and accessibility club-associated material.

According to a notification July 19 from Chiliz, the proprietary blockchain of the Socios platform, this partnership can make Socios the main digital meeting stage for Arsenal’s fan base.

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By holding the AFC Fan Token, Arsenal supporters will have “numerous opportunities to stay engaged” with the club, Chiliz stated, such as “the possibility to influence the club in a series of polls interact with unique selections each and every season.”

There is now no certain launch routine for the AFC Fan Token, whilst Chiliz claims it will be rolling out quickly. Fans can now indicator up for My Arsenal Rewards, a fan-centric rewards plan with the choice to get a absolutely free AFC Fan Token.

“We are delighted to launch this partnership with Socios.com, which will bring our huge global fan base closer to the club,” stated Peter Silverstone, industrial director of Arsenal comment. “Socios.com is leading the blockchain in the sports industry, as we have seen from their relationships with other top European clubs.”

Chiliz has turn into a common interactive platform for qualified sports activities teams and leagues. In May, 3 Formula One teams announced unique fan tokens on the Chiliz blockchain. That similar month, the Ultimate Fighting Championship, aka UFC, announced that it would launch its personal blockchain-primarily based fan token.

As reported by Toiyeubitcoin, Chiliz is expanding their operations at Hat to pursue much more fan-token interaction possibilities. CEO Alexandre Dreyfus informed Cointelegraph in March that the company’s approaching New York workplace will be a launchpad for interaction with community leagues and sports activities franchises.

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