Arsenal to launch $AFC Fan Token on Socios.com

The Premier League football club joins Manchester City FC in launching a fan token

                                
Arsenal FC
                                

Arsenal Football Club (FC) is unveiling a new Fan Token in partnership with Chiliz, the global blockchain providers for the sports industry, and it will be launched on the Socios.com app.

However, as yet there has been no indication when the $AFC Fan Token will be launched, how many tokens will be issued or what will be its price.

This partnership brands Socios.com as the main digital meeting place for Arsenal fans, according to Chiliz.

Earlier this year, Manchester City FC also launched a Fan Token on the Chiliz platform, available via the Socios.com app. 

$AFC will be tradeable on Coinbase and Binance

By holding the Fan Token, Arsenal fans will have the opportunity to influence the club.

The $AFC Fan Token will give them access to interactive polls every football season, as well as provide them with access to club-related content, quizzes, competitions and games.

The $AFC Fan Token will be tradeable on Coinbase, Binance and other major cryptocurrency exchanges.

New and existing Arsenal fans who are signed up for My Arsenal Rewards will be given the option to receive a free $AFC Fan Token.

Football teams worldwide getting involved

Socios.com has recently announced deals such as being the front-of-shirt sponsor of LaLiga’s Valencia to promote its $VCF Fan Token.

Additionally, it has agreed a deal for the title sponsorship of Argentina’s top-tier Primera Division, which will be renamed Torneo Socios.com for the 2021/22 season.

Peter Silverstone, Arsenal’s commercial director, said: “We are excited to launch this partnership with Socios.com that will bring our huge global fan base even closer to the club. Socios.com are leading the way in blockchain in the sports industry, as we have seen from their relationships with other leading European clubs.”

Alexandre Dreyfus, CEO of Socios.com and Chiliz ($CHZ), said: “Every football fan is part of a community. In fact, one of the best things about being a football fan is feeling like you’re part of something bigger.

“Knowing that when you celebrate a goal, thousands – and, in Arsenal’s case, millions – of Gooners all around the world are jumping around celebrating, doing exactly the same thing you’re doing. There’s a global community of Arsenal fans united by their shared passion for their club.”

Further reading: Sports industry ‘quicker’ at adopting crypto deals than other business sectors

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