British football club Tottenhan Hotspur will situation a fan token, referred to as SPURS, by means of a partnership with Chiliz.
According to the announcement, SPURS will be priced at $two for the October 4th fan sale. Token holders will be in a position to participate in on-line voting and entry particular incentives and experiences.
Tottenham Hotspur arrives at the Chiliz Chain! 🌶️🤍
Spurs Fan Token will launch on Chiliz Chain, the SportFi Layer one network. ⚽🏆
Tottenham joins in excess of 80 key sports activities teams presently working with Chiliz Chain to host their Fan Tokens. 🤝https://t.co/YntrbM68Yd$ SPURS ⚡ $CHZ
— Chiliz ($CHZ) – Boost Socios.com ⚡ (@Chiliz) September 28, 2023
Ryan Norys, director of product sales at Tottenham Hotspur, stated:
“We are delighted to be able to offer fans around the world many new Club-related rewards and experiences. Our Fan Token builds on many of the benefits of our existing membership program.”
Furthermore, the issuance of fan tokens is also an work to make extra sources of recurring income to be reinvested in the club’s football pursuits, the director frankly shared.
As a consequence, SPURS will be issued on Chiliz, the task behind numerous preferred fan tokens. Chiliz has supported far more than 80 sports activities teams in issuing fan tokens/NFTs with normal names this kind of as Manchester City, AC Milan or Santos. The platform claims to have created in excess of $400 million in income for teams and leagues.
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