S.C. Corinthians, the Brazilian football club, is the latest addition to Socios.com, a platform featuring many sports organizations that have created and launched fan tokens.
With the partnership, S.C. Corinthians will launch the $SCCP Fan Token on the Socios.com platform. Thus, improving engagement between the club and its fans.
We are incredibly proud to announce that Brazilian giants @Corinthians are the latest football club to join our platform.
👇 Read Morehttps://t.co/ca1pxJaKPc
— Socios.com (@socios) June 22, 2021
“S.C. Corinthians will launch the $SCCP Fan Token in the near future, providing their global fanbase with a powerful new way to influence and engage with the club,” the announcement stated.
The football club joins a group of 39 sporting properties on the Socios.com platform, which including names like Juventus, FC Barcelona, Manchester City, AC Milan, Paris Saint-Germain, and Valencia CF. Also, MMA organizations like the UFC and Professional Fighters League (PFL). Notably, the NBA is part of Socios.com with the Philadelphia 76ers joining the platform.
Duilio Monteiro Alves, president of S.C. Corinthians, said, “We proudly welcome this partnership with Socios.com and Chiliz as a true outcome of our vigorous search for innovation and new platforms of engagement with our fans. Now more than 35 million fans in Brazil and many more across the world will be able to interact with S.C. Corinthians in exciting ways, from wherever they are.”
The CEO of Chiliz and Socios.com, Alexandre Dreyfus, said, “$SCCP Fan Tokens are going to provide fans of this amazing, historic club with the chance to enjoy unprecedented engagement and influence. This is the start of something special for supporters and we’re very excited by what will be delivered for fans of Timão worldwide.”
Alexandre Dreyfus also revealed that Chiliz and Socios.com are still committed to improving fan engagement. He added that fan tokens will shape engagement between fans and their favorite teams around the world.
Our company @chiliz x @socios will have more than 200 people by the end of the year. We are focusing on the growth of our ecosystem, with dozens of premium sports properties all over the world. This is not about crypto. This is about global Fan Engagement.
— Alexandre Dreyfus (@alex_dreyfus) June 23, 2021
About Socios.com, Chiliz, and Fan Tokens
Chiliz ($CHZ) is an ERC-20 utility token that serves as a digital currency for the Socios.com platform. The platform is where fans can trade, buy, and execute voting rights for their favorite sports teams. The tokens can also be bought on Binance and Coinbase. Also, it can be found on the South American crypto exchange, Mercado Bitcoin.
The launch of the Socios.com platform led to the creation of a new type of token – the fan token. When a sports organization launches its Fan Token Offering (FTO), fans use $CHZ tokens to purchase the initial fan tokens made available.
Holders of fan tokens will be able to take part in fan-led decisions through a mobile voting platform. Another perk includes access to an inner circle of fans who have a shared passion for their favorite sports club. Additionally, other fan token perks include VIP experiences, games, forums, and exclusive promotions.
Based on reports, fan tokens have created revenue of over $150 million this year alone. This revenue is allocated amongst Socios.com partners.
As of the time of publication, Chiliz price was $0.238914, with a 24-hour trading volume of $325,894,929 and a market cap of $1,272,674,786.
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