AS Monaco Plans to Introduce Fan Token on Socios.com

The craze for fan tokens is on the rise in the global football community. After leading football clubs like AC Milan, AS Monaco announced that the club is planning to launch a fan token on Socios.com.

AS Monaco is one of the most successful football clubs in France. Through the launch of a fan token, AS Monaco aims to facilitate its fans with an engaging and rewarding experience. The club has collaborated with the Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term company, Chiliz for the launch.

With more than 1.3 million users in 167 countries, Socios.com is a global platform for fans. The platform has collaborated with several leading sporting organizations around the world in the last few years.

“As part of the Club's digital development, finding new forms of engagement with our international fan community is a priority. The creation of the $ASM Fan Token offers this opportunity to interact with our fans in a different way, allowing them to enjoy new experiences. We are pleased to partner with the Socios.com platform, a pioneering and industry-leading company with expertise in some of the most prestigious organizations in the world of sport,” Oleg Petrov, Vice President and CEO of AS Monaco, commented.

Fan Tokens

In today’s world, fan tokens are more than just a way of engagement and rewards. Leading international exchanges saw a massive surge in trading volumes of these fan tokens in 2021. Socios.com recently partnered with Inter Milan for the INTER Fan Token.

Alexandre Dreyfus, CEO of Chiliz and Socios.com, said: “AS Monaco is more than just a successful football club, it’s a very visible and powerful ambassador for the principality, with a cosmopolitan image and a big global following. Fan Tokens will enable the club to connect with their extensive global community of fans like never before, giving their fans the opportunity to benefit from unprecedented engagement and reward opportunities on Socios.com.”