Football Fan Tokens and the Future of Cryptocurrencies in the Sports Industry

Prestigious European football club FC Barcelona is the latest to develop a cryptocurrency fan token in partnership with the blockchain company Chilliz. The token, Barca Fan Tokens (BAR), will be available to worldwide Barcelona football club fans who can use them to support the club by taking part in polls, surveys, make purchases, and get rewards, on Chilliz sports and entertainment platform, Socios.com. Barcelona is one among many prominent football clubs looking to engage their fans worldwide in club decisions…

Socios Now Offering Paris Saint Germain (PSG) Fan Token

On the 28th of January, PSG pointed out that its fan token is now available on Socios blockchain platform. People holding PSG fan token can use it to vote on an inspirational message to appear on the captain’s (Thiago Silva) armband on the pitch. Another token offered on Socios is an AR token hunt game for Chiliz and CH2 and may be consecutively used to purchase PSG’s fan token. Team supporters can use the fan token to vote in various…