GALATASARAY LAUNCH BASKETBALL & ESPORTS ON SOCIOS.COM

Due to the success of the $GAL Fan Token with supporters of the club’s football team, Galatasaray have decided to add their basketball and esports teams to the Socios.com app

This means that from now on there will be even more ways for Galatasaray fans to get closer to their club through Socios.com.

The news comes in an eventful week for The Lions esports team, who became champions of the FIFA Pro Clubs 11 v 11 VPL Champions League for the second time in a row yesterday (Monday June 08th).

Meanwhile, Galatasaray’s basketball team will be keen to get back on the court, with the club set to compete in the 2020/21 FIBA Basketball Champions League – the highest tier of European competition- for the first time ever this season.

$GAL Fan Token holders have so far been able to vote in a number of polls relating to the club’s hugely successful football team through the Socios.com app, including the popular opening poll to choose the official entrance anthem at the Türk Telekom Stadium.

News on the first polls for fans of the clubs esports & basketball teams and the type of rewards $GAL Fan Token owners can look forward to will be revealed soon.

Alexandre Dreyfus, CEO & Founder of Socios.com & Chiliz said: “Galatasaray fans, and especially those who passionately follow the club’s basketball & esports teams, now have even more ways to get closer to their club through Socios.com.

“Football put Socios.com on the map, but our app will play a vital role in increasing fan engagement for a number of sports. 

“We’re delighted to add Galatasaray’s esports team to our roster and congratulate them on their success this week. 

“We’re also very excited to take our first steps on the basketball court with Galatasaray – especially as they get ready to embark on the biggest season in their history.

“We’ll be revealing more about the polls, rewards and experiences this new wave of $GAL Fan Token holders can look forward to soon.”

Dorukhan Acar, Treasurer of Galatasaray, said: “We are delighted to extend our fan engagement partnership with Socios.com to other top professional sports branches of our Club. Football, Basketball and Esports are the 3 most popular sports in Turkey (& also worldwide). At Galatasaray, we are proud of our sporting coverage with 15 sporting branches and extending our Socios.com partnership to the Basketball and Esports branches of our Club will lead to a further engagement of our fans. 

“This extension will allow us to get even closer to our basketball and esports specific fan bases via the use of cutting edge technology.”

                                                                           -ENDS-

For Further Information:

Chiliz / Socios.com

Andrew Clarke – Global PR Manager

andrew@chiliz.com

For more information please visit www.socios.com

Notes to editor: 

About Chiliz

Chiliz ($CHZ) is a digital currency for sports and entertainment platforms. It fuels the world’s first scalable, tokenized voting platform, Socios.com where fans can buy, trade and execute voting rights in their favorite sports teams. The Chiliz project has raised $66 million from some of the world’s largest cryptocurrency exchanges and leading crypto funds in Asia, including Binance, OK Blockchain Capital, and Ceyuan Ventures. Chiliz is owned by Malta-based Mediarex Group, a global sports and entertainment organisation, which was founded in 2012. In January 2020, Chiliz announced the launch of Chiliz.net, a first-of-its-kind mobile and desktop crypto exchange for sports and entertainment assets.

About

Socios.com helps sport entities achieve digital transformation through blockchain technology. Socios.com is powered by the Chiliz token ($CHZ), both an ERC20 utility token on the Ethereum blockchain and BEP-2 token on Binance Chain. Fan Tokens are specific to a team or a club, and are a finite, digital asset that provides access to an encrypted, immutable ledger of voting and membership rights ownership. The tokenized fan-voting platform uses Fan Tokens, which operate on a separate permissioned side chain. The Fan Tokens are limited in number, and are fungible, meaning their ownership can be traded, and their price is driven by the market. The venture was inspired by the fan-led management frameworks or ‘socios’ of some major football clubs. Dubbed ‘Socios 2.0’, the platform simply represents the digitisation of this model of management.

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