- Manchester City has joined with Socios.com to launch $CITY Fan Token.
- Token is available to purchase through the Socios.com app.
- Moreover, the total Fan Token market cap has reached over $400 million.
Premier league giant Manchester City has collaborated with Socios.com to launch $CITY Fan Token. To all interested fans, the token is available for purchase on the Socios.com app. Best of all, registered users will receive offers to get their free tokens through a voucher code in due course.
Premier League leaders @ManCity will become the first team in English football history to be tokenized.
— Socios.com (@socios) March 19, 2021
In addition, the $CITY fan token is a fungible token. Notably, this indicates that the tokens can be traded like any other cryptocurrency.
Manchester City Partners European Giants in Launching $CITY Fan Token
Manchester City has partnered with Socios.com in launching a $CITY fan token. Even more, the token helps to get VIP rewards, club promotions, AR-enabled features, and a vote in upcoming club polls on Socios’s website.
Chiliz and Socios.com CEO Alexandre Dreyfus said,
Socios.com and $CITY Fan Tokens will be hugely complementary to City’s global approach, providing fans around the world with unprecedented engagement opportunities, as well as unique digital, and – once restrictions are lifted – real-life rewards and experiences.
Moreover, Manchester City gained the title of being one of the most creative sports teams in the world this year. Furthermore, Barcelona, AC Milan, Juventus, and Paris St Germain are among the other major European clubs utilizing fan tokens.
All in all, the digital collectibles market is currently booming. Nevertheless, the most famous crypto price tracking site CoinMarketCap has created a dedicated page for Fan Tokens minted on the Chiliz blockchain. Recently, the total Fan Token market cap has reached over $400 million.
Manchester also collaborated with Animoca in order to create blockchain games and collectibles. Besides, this will be the first soccer-based digital asset created by Animoca. Recently, Football club AC Milan has announced that they will launch their own NFTs on the Socios.com app.