March 4, 2024

Turkey's largest football club to issue Ethereum-based fan tokens

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Galatasaray will launch Ethereum-based tokens

Galatasaray Football Club will soon issue Ethereum-based fan tokens in partnership with startup blockchain Socios sports fans based on the tokenization platformToken
— an accounting unit that is used to represent the digital balance of an asset. More details Chiliz.&nbsp;

Galatasaray fan tokens

Startup Socios on September 16, announced inpress release that as a result of the partnership The Lions (Aslanlar) &ndash; the only Turkish club to win a major UEFA tournament &ndash; will issue its fan tokens on its platform.

" offers football fans a new way to interact and connect with their favorite clubs through ownership of digital assets known as Fan Tokens."

Fan Tokens Galatasaray will allow fans to vote in club polls, helping to make decisions on topics that the club puts forward for fan voting.&nbsp;

In the future, fans will be able to access exclusive products, games, and leaderboards.

  • Other renowned football clubs have joined the Socios platform including Paris Saint-Germain, Juventus, West Ham United, AS Roma and Atl&eacute;tico de Madrid.
  • Chiliz &ndash; sports blockchain company behind Socios &ndash; announced a strategic partnership with Binance Chain, the main network of major cryptocurrency exchange Binance.