Arsenal FC to launch AFC Fan Token on Socios

English Premier League stalwart Arsenal F.C. is launching a brand new fan token in partnership with Socios, giving its supporters the power to affect membership choices and entry team-related content material. 

The partnership makes Socios the primary digital assembly place for Arsenal’s fanbase, in response to a Monday announcement from Chiliz, the unique cryptocurrency of the Socios platform.

By holding AFC Fan Tokens, Arsenal followers could have “numerous engagement alternatives” with the membership, Chiliz stated, together with “the possibility to affect the membership in a collection of interactive polls throughout a wide range of choices each season.”

No timetable was given for the launch of AFC Token, although Chiliz indicated it might develop into out there quickly. Followers who’re at present signed up for My Arsenal Rewards, a fan-centric rewards program, have the choice to obtain a free AFC Fan Token.

“We’re excited to launch this partnership with that may convey our big international fan base even nearer to the membership,” stated Peter Silverstone, industrial director at Arsenal. “ are main the way in which in blockchain within the sports activities business, as we now have seen from their relationships with different main European golf equipment.”

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Chiliz has develop into a preferred engagement platform for skilled sports activities groups and leagues. In Might of this yr, three Method 1 racing groups introduced unique fan tokens on the Chiliz blockchain. Throughout the identical month, the Final Combating Championship, higher generally known as UFC, introduced it might launch its personal blockchain-based fan token.

As Cointelegraph reported, Chiliz is increasing its operations in america to pursue extra fan-token engagement alternatives. CEO Alexandre Dreyfus instructed Cointelegraph in March that the group’s forthcoming New York workplace will likely be a launch pad for engagement with native leagues and sporting franchises.