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AC Milan To Join Sports Crypto Movement With Launch Of $ACM Fan Token

George Miller

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AC Milan To Join Sports Crypto Movement
Socios.com & Chiliz CEO Alexandre Dreyfus (left) with Chief Revenue Officer for AC Milan Casper Stylsvig (right) at the official signing of the partnership in the new studio at the club’s Casa Milan headquarters.
Reading Time: 3 minutes

Italian football giants AC Milan, in partnership with fintech blockchain company Chiliz, have announced plans to launch an $ACM Fan Token on the fan engagement and rewards platform Socios.com in the coming weeks.

AC Milan are among the most successful clubs of all time, with 18 FIFA and UEFA trophies to their name in addition to 18 Serie A titles and a massive global fanbase estimated at 450 million, including a significant following throughout Asia.

$ACM Fan Token owners will be able to access a wide range of benefits including the right to vote in multiple club decisions each season, VIP rewards & experiences, exclusive club and sponsor promotions, games, competitions and ‘super-fan’ recognition.

The club joins a list of 19 major sporting organizations who have partnered with Socios to launch Fan Tokens, including FC Barcelona, Juventus, Paris Saint-Germain, AS Roma, Atlético de Madrid, Galatasaray and Trabzonspor. Leading esports organizations Team Heretics, NAVI, OG and Alliance have all launched Fan Tokens on the platform, while UFC have signed a global fan engagement agreement and fellow MMA organisation the Professional Fighters League will launch a Fan Token in the coming months. More major clubs are set to launch Fan Tokens in the near future.

Notable examples of fan engagement through Socios include fans of Apollon FC choosing the first team for a friendly match and the club’s home and away kit for the 2021/22 season. Juventus fans chose the club’s new goal celebration song, decided on a limited edition redesign of the iconic ‘J’ logo and the first team bus for the 2020/21 season. Supporters of FC Barcelona placed a unique fan designed artwork at the heart of the Camp Nou dressing room, Roma fans delivered questions direct to head coach Paolo Fonseca in a live press conference and PSG fans chose a unique message for the captain’s armband as well as voting on their end of season awards through the app.

Powered by the utility token Chiliz $CHZ, Socios is one of the most active non-financial, consumer-facing mainstream blockchain products in the world. In just over a year it has been downloaded by more than 450,000 people, over 14M Fan Tokens have been sold, and over 700,000 votes registered on the blockchain. In total, Fan Tokens have generated over $30M USD for clubs and partners in a little over 12 months. In late December and early January several Fan Tokens were listed on major global exchanges driving significant activity, with $PSG and $JUV trading volumes hitting a 24 hour high of $300M in late December.

Fans who purchased ‘Milan Devils’ Tokens using Socios pre-sale feature Locker Room will have their tokens transformed into $ACM Fan Tokens upon launch. Locker Tokens for Manchester Bluand The Galácticos have sold out.

Casper Stylsvig, Chief Revenue Officer of AC Milan said: “We are happy to join hands with Socios and welcome them to our family as a global partner. This partnership allows us to give our 450 million fans across the world another exciting way to interact with AC Milan, which is particularly important under the current circumstances created by the Covid-19 pandemic.

“As an innovative Club, one of our focus areas is modernization and this partnership helps us complete another important step in that direction.”

Alexandre Dreyfus, CEO and Founder of Chiliz and Socios said:  “I’m delighted to welcome AC Milan and their 450 million fans from across the world to Socios.

“Fans of the I Rossoneri  will be able to enjoy unprecedented engagement with their favourite team, influencing the club in polls, accessing VIP rewards, exclusive promotions, chat forums and much more.

“The AC Milan partnership is a great start to a year in which we will work harder than ever on our mission to fully establish Fan Tokens as the ultimate fan engagement tool and as a powerful new revenue generator for the sports industry.”

Blockchain

Fortuna Sittard Announces Plans to Launch Fan Token on Socios.com

Niji Narayan

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Fortuna Sittard Announces Plans to Launch Fan Token on Socios.com
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Fortuna Sittard, in partnership with fintech blockchain company Chiliz, has announced the plans to launch a $FOR Fan Token on the blockchain-based fan engagement and rewards platform Socios.com.

$FOR Fan Tokens will massively increase the club’s ability to engage with its supporters, with fans able to access a wide range of benefits, including the right to vote in multiple club decisions each season, VIP rewards & experiences, exclusive club and sponsor promotions, games, competitions and “super-fan” recognition.

Details on the launch date for the $FOR Fan Token, the price and the first poll will be revealed soon. The maximum supply of $FOR Fan Tokens will be 1 million.

“We are really proud that Fortuna Sittard is the first Dutch team which launches a partnership with Chiliz. This initiative underlines our position and vision as a pioneer in introducing modern practices in our league. We believe that involving our fans in our policy throughout the innovative platform Socios will create a good basis for future decisions. Especially during this time we believe it’s important to keep in touch with our fans,” Isitan Gun, chairman of Fortuna Sittard, said.

“Fortuna Sittard have consistently embraced digital innovation in order to increase engagement with their fans, so the decision to launch a Fan Token is the next natural step. Fans can look forward to many more ways to engage with their favourite club as soon as the $FOR Fan Token launches, getting the opportunity to influence the club in polls, access VIP rewards, exclusive promotions, chat forums and much more on Socios.com,” Alexandre Dreyfus, CEO and Founder of Chiliz and Socios.com, said.

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Blockchain

10 Games Join Qudo, A Proof-of-Gameplay Reward Mechanism and Cryptocurrency Powered by the Telos Blockchain

George Miller

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10 Games Join Qudo, A Proof-of-Gameplay Reward Mechanism and Cryptocurrency Powered by the Telos Blockchain
Reading Time: 2 minutes

Qudo helps developers improve their games while rewarding players in cryptocurrency, with no blockchain experience necessary

QUDO, a proof-of-gameplay reward mechanism and cryptocurrency for the gaming industry, today announced 10 games have joined its platform. Qudo helps developers grow their audiences and improve their games by rewarding players in cryptocurrency for their time, scores, and other achievements, all with no blockchain experience necessary.

Qudo is powered by Telos, the second most active blockchain platform in the world. Telos has achieved significant traction in the gaming sector for its high-capacity network and advanced governance features. Qudo opted to build its reward mechanism on Telos because of the network’s speed, low fees, and community support.

“At Qudo, we strongly believe that people shouldn’t have to understand blockchain technology to start experiencing its benefits, especially when it comes to gaming,” said João Abrantes, Co-Founder and Managing Director of Block Bastards, the company behind Qudo. “With the help of Telos, we’ve made it easy for gamers to register on Qudo and create a wallet without any background knowledge of crypto. We’re converting everyday players and game developers into blockchain users with an easy-to-use, rewards-driven platform. We’ve noticed significant growing interest in Qudo from both games and players, which reinforces our confidence that we’re going in the right direction.”

Qudo is compatible with any game using the Unity engine, and offers an SDK that makes it easy for developers to seamlessly onboard their games and customize their rewards. Developers can also purchase services with cryptocurrency directly through the Qudo marketplace, such as 3D artwork, modeling, animation, sound engineering, voiceovers and programming. Qudo’s rewards mechanism will also allow game developers to monetize without intrusive ads, and to improve their games by offering rewards for spotting bugs, which provides valuable real-time feedback.

A community of more than 1,000 players have already joined Qudo, earning crypto-based rewards for time spent playing, reaching new high scores, and other achievements offered by individual games. Players benefit from never having to transact with PayPal or credit cards, thus avoiding high fees and fraudulent activities.

“Qudo has been a great partner for Telos in demonstrating the network’s ability to meet the needs of any developer, including in the gaming sector,” said Douglas Horn, Telos Chief Architect. “By giving game developers easy access to Telos-based blockchain features from the Unity development environment, Qudo makes it possible for tens of thousands of games worldwide to quickly add crypto features, expanding the usership for Qudo.”

The games now live or coming soon to Qudo include CubiX Fragment, Blox, V8ORS – Flying Rat, FreeBoom, Wizard Rob, Cloud Runner, Versus, AceOfSpace, Time Hardly Waits, SEEDINA, Operation:BoomSlang!, and MoneyLords. Each game is available on mobile, and Qudo plans to expand support for PC games in the near future. Qudo’s Alpha version is operating on the Telos testnet, with plans to launch its mainnet version in Q2 2021.

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Blockchain

Legia Warsaw Will Become the First Polish Club to Launch a Fan Token on Socios.com

George Miller

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Legia Warsaw Will Become the First Polish Club to Launch a Fan Token on Socios.com
Reading Time: 2 minutes

 

The reigning Polish champions Legia Warsaw, in partnership with fintech blockchain company Chiliz, have announced plans to launch a $LEG Fan Token on the blockchain-based fan engagement and rewards platform Socios.com in the coming months.

Legia Warsaw are the most successful Polish football club of all time, with a record 15 Ekstraklasa titles and will become the first Polish club to launch a Fan Token in order to increase engagement with their fanbase.

$LEG Fan Token owners will be able to access a wide range of benefits, including the right to vote in multiple club decisions each season, VIP rewards & experiences, exclusive club and sponsor promotions, games, competitions and ‘super-fan’ recognition.

The club joins a list of 21 major sporting organizations who have partnered with Socios.com to launch Fan Tokens, including FC Barcelona, Juventus, Paris Saint-Germain, AC Milan, AS Roma, Atlético de Madrid, Galatasaray and Trabzonspor. Leading esports organizations Team Heretics, NAVI, OG and Alliance have all launched Fan Tokens on the platform, while UFC have signed a global fan engagement agreement and fellow MMA organisation the Professional Fighters League will launch a Fan Token in the coming months. More major clubs are set to launch Fan Tokens in the near future.

Powered by the utility token Chiliz $CHZ, Socios.com is one of the most active non-financial, consumer-facing mainstream blockchain products in the world and in just over a year it has been downloaded by more than 500,000 people.

Fan Tokens generated over $30M USD in revenue in 2020 that was shared with Socios.com clubs and partners.  In late December and early January several Fan Tokens were listed on major global exchanges, including Binance, driving significant activity, with Paris Saint-Germain ($PSG) and Juventus ($JUV) trading volumes hitting a 24 hour high of $300M in late December.

Details on the launch date for the $LEG Fan Token, the price and the first poll will be revealed soon. The maximum supply of $LEG Fan Tokens will be 5 million.

Paweł Kokosza, Commercial Director of Legia Warsaw, said: “We are very proud that the global brand Socios.com has joined the group of our partners. Pioneering solutions and new technologies, which additionally give our fans unique opportunities to actively participate in the life of our club, are the exact direction in which we want to develop.

We believe that the potential of the most popular sports brand in this part of Europe, which Legia Warsaw undoubtedly is, will allow Socios.com to gain many fans not only in Poland, but also in the international arena.”

Alexandre Dreyfus, CEO and Founder of Chiliz and Socios.com, said:  “We’re really pleased to welcome Legia Warsaw as our first Polish club partner.

“Very soon Legia fans all around the world will have a new way to get closer to the club they love and will be able to influence the team in polls, access VIP rewards, exclusive promotions, chat forums and much more on Socios.com.

“We’re sure $LEG Fan Tokens will be a massive hit with fans and become a very powerful new engagement tool for the club.”

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