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Blockchain

SL Benfica to Launch Fan Token on Socios

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SL Benfica have announced that they will become the first Portuguese club side to launch a Fan Token on world-leading blockchain powered fan engagement and rewards app Socios.

Fan Tokens are digital assets that give sports fans access to a new digital service provided by their favourite clubs. More than 1.5M users from 167 countries have downloaded Socios, with Fan Token holders able to influence their favourite teams in polls, earn rewards, VIP experiences and access games, competitions and exclusive offers on the app.

“Benfica is constantly focused on searching for and delivering a positive experience to our huge global fanbase which includes both Members and Supporters. We have been paying very close attention to Digital Assets, a market which has been influential in our industry of late. We are delighted to be partnering with Socios, the ideal partner for developing our tokens and for bringing the worldwide Benfica family closer together,” Domingos Soares de Oliveira, CEO of SL Benfica, said.

“We’re delighted to welcome SL Benfica, the most successful club in Portuguese football history, to Socios. Having built a truly world class network of partners, our focus is now on adding more features and engagement opportunities for Fan Token holders. We look forward to creating new experiences for Benfica and their passionate fans all around the world,” Alexandre Dreyfus, CEO of Chiliz and Socios, said.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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