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Home » Arsenal FC Partners with Socios to Roll Out AFC Fan Token

Arsenal FC Partners with Socios to Roll Out AFC Fan Token

Kelly Cromley by Kelly Cromley
Jul 20, 2021
in Market News, News
Reading Time: 2 mins read
0

Arsenal F.C., a Premier League powerhouse, has partnered with Socios to develop a unique fan token that will allow fans to have an impact on club decisions and receive info related to team-related information.

As per a Monday release from Chiliz, the distinct blockchain of the Socios platform, the agreement gives Socios the premier digital venue for Arsenal’s supporters.

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Arsenal supporters will have “countless interaction possibilities” with the club if they acquire AFC Fan Tokens, according to Chiliz, namely “the ability to influence the club by taking part in multiple engaging polls conducted to arrive at a decision routinely in every season.”

AFC Fan Tokens were not assigned a special debut date, although Chiliz stated that they will be available shortly. Fans who have joined up for My Arsenal Rewards, the club’s fan-focused incentive program, may get a complimentary AFC Fan Token.

Arsenal’s marketing director, Peter Silverstone, stated, “We are thrilled to announce this relationship with Socios.com, which will draw our vast worldwide fandom even nearer to the club.” “As we can see from their connections with other prominent European teams, Socios.com is taking the lead in blockchain in the sporting world.”

For professional sports clubs and teams, Chiliz has become a prominent interaction medium. On the Chiliz blockchain, three Formula One racing teams introduced unique fan tokens in May. The Ultimate Fighting Championship, or UFC, indicated in the same month that it will create its own blockchain-powered fan coin.

Chiliz is extending its operations in the United States in order to seek new chances for fan-token interaction. The institution’s upcoming New York headquarters, according to CEO Alexandre Dreyfus, would be a springboard for interaction with local leagues and athletic teams.

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