Paris Saint-Germain Fan Token

The growing list of partnerships launching their Fan Tokens on the Socios.com platform include some of the biggest sporting organizations in the world such as FC BarcelonaFC Barcelona, Inter MilanInter Milan, AC Milan, Manchester CityManchester City, UFC, ROUSH Fenway Racing, Aston Martin, just to name a few.

Chiliz ($CHZ) is an ERC20 utility token on the EthereumEthereum blockchain that serves as the digital currency for the Chiliz and Socios.com platform. In launching their platform, alongside other sports blockchain ventures, a new category of token has emerged — the Fan Token. Once onboard the Socios.com platform, yet to-be-announced club partners host what has been called a Fan Token Offering (FTO). Fans must purchase $CHZ via a cryptocurrency exchange in order to acquire Fan Tokens. These tokens — which are specific to a team or club — are a finite, digital asset that provide access to an encrypted ledger of voting and membership rights ownership.