What is a Fan Token?
A Socios.com Fan Token is a digital asset that transforms your passion into rewards. As a Fan Token holder, you have the potential to access once-in-a-lifetime experiences, exclusive benefits and other perks for being what you’ve always been – a passionate fan. Fan Tokens empower you to vote in official team polls, predict results, play games, choose your favourite players and more while generating reward points that lead to extraordinary Fan Rewards.
Fan Tokens =
Unique Rewards
Voting Rights
Exclusive Games
Yours to keep or trade
Fan Tokens are yours indefinitely once acquired. However, should you decide to part ways with it, you can effortlessly resell it on the Socios.com app or other major marketplaces. The resale price may exceed or drop from the initial purchase.
Officially licensed
Start your journey
Your questions answered
What are Fan Tokens?
Fan Tokens are the utility tokens of Socios.com, created on Chiliz Chain – The Sports Blockchain.
Utility tokens are a type of digital asset. Generally, digital assets include anything created and stored digitally that has, or provides, value.
What sets utility tokens apart is that they are created using blockchain technology and are intended for a specific use, or uses – i.e. utility.
Fan Tokens have very clear utility on Socios.com – to Reward your Passion.
How? By empowering you to be rewarded for being what you’ve always been – a passionate fan.
Use Fan Tokens to vote in official team polls, play games, choose favourite players and predict results, and you’ll generate reward points that lead to extraordinary Fan Rewards, including once-in-a-lifetime experiences, exclusive benefits and other perks.
What kind of team decisions can I vote on?
Fan Tokens allow you to have your say on real team decisions. In the past, Fan Token holders have voted on kit designs, player numbers, race day livery, and more.
It’s important to note that polls are tailored by each team, and they have the autonomy to decide what specific questions to ask.
What about unprecedented access?
To gain access to the exclusive perks Fan Tokens provide, you will need the Socios.com app on your smartphone. The app is available through the Google Play Store for Android devices and the Apple App Store for iPhones and other iOS devices.
Since 2018, Socios.com has rewarded thousands of fans with mind-blowing experiences. Some of our most exclusive experiences include flying with the team to an away match. But there’s more – including, playing inside iconic stadiums alongside club legends and being the team’s official announcer for a match.
What's in it for me when I get my first Fan Token?
When you get your first Fan Token, you get immediate access to exclusive features on the Socios.com app – including voting, Leaderboards, and earning loyalty points. To redeem rewards, you require additional Fan Tokens.
How much does a Fan Token cost?
The price of Fan Tokens varies depending on demand. However, when a Fan Token goes up for sale for the first time, it’s available at a fixed price. This period is called Fan Token Offering, or FTO® for short. Usually, at this stage, the price is equivalent to what you would typically pay for a matchday programme.
How do I get Fan Tokens? I don't know much about crypto and blockchain.
You don’t need to be a crypto wizard to get Fan Tokens! All you need to do is top up your wallet with FIAT (a traditional currency) and select your Fan Tokens. The app will automatically convert your currency to Chiliz, the platform’s digital currency, and then into Fan Tokens in seconds.
What is Chiliz?
Chiliz is a cryptocurrency. It serves as Socios.com’s official digital currency within the app. Just like Fan Tokens, Chiliz can be traded. However, Chiliz cannot be traded on the Socios.com app. If you already have Chiliz on your account, you just need to convert them into Fan Tokens.
