Fan tokens listed on Paribu are cryptocurrencies that are offered by the Socios platform. They enhance the interaction between sports clubs and supporters and enable supporters to have a say in club decisions and to enjoy the advantages provided by the club.
The fan tokens which are currently traded on Paribu are Galatasaray Fan Token (GAL), Trabzonspor Fan Token (TRA), Juventus Fan Token (JUV), and Paris Saint Germain Fan Token (PSG).
Socios platform uses fan tokens, which operate on a side chain of the Ethereum Blockchain and only allows transfers between Ethereum wallets in whole numbers.
Fans can vote for the polls carried out by the club, and they can have a say in some club decisions by transferring fan tokens that they own to the wallets on the Socios application.
Having signed agreements with sports clubs all over the world, Socios has issued utility tokens for many clubs.
What is a utility token?
Utility tokens are used to access a product or service. Utility tokens are not an investment tool. In return for these tokens, holders do not receive any right in the capital of an enterprise or a dividend out of profit. The tokens are used to access products and services. The variability in prices represents the equivalence of this service since the price of products and services changes based on supply and demand.
In this sense, fan tokens are utility tokens. The tokens on the Socios platform are used to access the services provided by sports clubs.
Which sports clubs have “fan tokens”?
11 fan tokens are issued by Socios for clubs as of the end of 2020. As of December 31, 2020, the clubs with tokens can be listed as Barcelona, Juventus, PSG, Atlético Madrid, Roma, Galatasaray, Trabzonspor, Independiente, OG, Apollon FC and Team Heretics. Other clubs have also agreed with Socios and their tokens are in the process of production.
What are the benefits of fan tokens?
The holders of club tokens can enjoy these benefits:
- Voting via the Socios application in the polls created by the club.
-Until now, owners of fan tokens have had a say in various decisions of the football club such as locker room and team bus design and the first string for friendly matches. - Match-day experiences.
-Just as in Juventus Walkabout Experience and Roma Golden Experience, it is possible to enjoy experiences such as accessing the field during warm-ups and joining the stadium tour. - Watching matches as a VIP guest, meeting the team, and having online meetings with players.
- Participating in the contests organized by Socios and various prizes.
- Winning match tickets, uniforms or club memorabilia.
- Interacting with other fans all around the world.
Bu içerik en son 26 October 2022 tarihinde güncellenmiştir.
