İstanbul Başakşehir, last season’s winner of the Turkish soccer league, has joined the Socios platform and will launch its own fan token ($IBFK) by the end of 2020. $IBFK, like other fan tokens in the Socios ecosystem, confers voting rights and rewards upon holders, and is designed to boost fan engagement and monetize various fan experiences, both online and offline. Token holders can vote in polls on club decisions and earn points that, once accumulated, can be cashed iin exchange for VIP game tickets or opportunities to meet club players. İstanbul Başakşehir is the third Turkish club to sign on …
Cryptocurrencies like Bitcoin (BTC) are not new to the sports industry. Some NBA teams began accepting BTC as payment for tickets as early as 2014. Since then, the relationship between sports and crypto has been rapidly evolving. Today, a firm that claims to be the world’s first ever crypto exchange for sport tokens has rolled out trading for its first sports-focused coin. Chiliz.net, a Singapore-based sports blockchain venture and crypto exchange, has listed Juventus Fan Token (JUV), a blockchain token released by Italian professional soccer club, Juventus, in collaboration with sport-focused token platform Socios.com. Chiliz CEO says that Chiliz token …
Major English football club Manchester City is the latest sports club to launch its own blockchain-based token to power new tools for digital fan engagement. According to an official announcement Friday, Manchester City has partnered with fan engagement platform Socios.com to launch the CITY fan token on the Chiliz blockchain. Similar to other European clubs like FC Barcelona and Juventus, Manchester City will now have an option to provide VIP rewards, club promotions, games, AR-enabled features and polls using its fan token. Stephan Cieplik, senior vice president of global partnerships sales at City Football Group, the parent company of Manchester …
Italian football giant AC Milan has just launched its own fan token, enabling fans to vote on a club motto for the season. According to a Feb. 11 announcement, the club’s ACM fan token is now live on fan engagement Socios.com, which allows fans to purchase the token which gives access to club polls, VIP rewards, super-fan recognition, games and chat forums. The token debuted trading at $6.68. In partnership with blockchain firm Chiliz, AC Milan is debuting the ACM token with a team motto poll that will see ACM holders create and vote on a motto to inspire players …
It seemed nobody cared about AR until Pokémon Go launched in 2016. All of the sudden, every headline was about how augmented reality could change the world. Sophisticated technologies like AR, virtual reality, and artificial intelligence need their own "Pokémon Go moment" to appeal to a mainstream audience. The tokenization of the assets is one such concept, and sports fans might be the first to get some hands-on experience with it. As Cointelegraph's Gareth Jenkinson noted in his analysis, "sports fans are notoriously passionate about the teams they support, and there is a massive market for everything from tickets to …