A top Italian Serie A club, AC Milan, has collaborated with Chiliz, a blockchain fintech company, to launch its crypto tokens. The $ACM tokens will go on sale through the rewards platform Socios.com. Moreover, the new fan token will offer numerous advantages to the holders. It includes voting rights in club polls. The fan token will release in the next few weeks, according to the official announcement. The $ACM Fan Token holders will be capable of taking benefit of AC Milan’s VIP rewards. The Italian football club has accompanied other teams such as FC Barcelona, Juventus, PSG, and AS Roma to propel a fan token on the fan engagement and rewards platform socios.com.
Benefits offered to $ACM Token Holders.
AC Milan is one of the most famous football clubs globally, with an expected fanbase of approximately 450 million. The club has gained 18 FIFA and UEFA trophies simultaneously with numerous Serie A titles. The holders of $ACM fan tokens will participate in the club’s decision-making process while also possessing VIP rewards and recognition privileges. Moreover, the token holders will gain ‘super-fan’ recognition. Further, they can communicate in games and chat forums with other token owners.
Moreover, approximately 20 sports organizations have joined forces with Chiliz and Socios to publish their fan tokens. Fan tokens for top clubs such as Juventus and other European heavyweights are recently trading on leading exchanges such as Binance. Additionally, clubs and sporting organizations are shifting their focus to fan tokens to generate extra revenue.
Further, Socios.com has logged more than 450,000 downloads and over 700,000 votes on the blockchain in 12 months. Socios possesses the multiple use-case token, Chiliz ($CHZ), and a fan-centric blockchain product. Socios’ primary focus is fan engagement. It has accomplished this by a significant adoption of professional sports towards blockchain. Recently, Ukrainian football team Dynamo Kyiv collaborated with a blockchain startup to develop a digital economy around fan engagement.
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