Stanbul Ba?ak?ehir, last season's winner of the Turkish Süper Lig, has joined the Socios platform and will launch its own fan token by the end of 2020.
IBFK, like other fan tokens in the Socios ecosystem, confers voting rights and rewards upon holders and is designed to boost fan engagement, and to monetize various fan experiences, both on and offline.
Token holders can vote in polls on club decisions and earn points that, once accumulated, can be cashed in in exchange for VIP game tickets or opportunities to meet club players.
Stanbul Ba?ak?ehir is the third Turkish club to sign on to the blockchain-based platform, and joins other international, high-profile clubs that include FC Barcelona, Atlético de Madrid, Paris Saint-Germain, Juventus and others.
Just yesterday, Cointelegraph reported on news that the German club Bayern Munich had joined the blockchain-based fantasy soccer platform Sorare, which many of the clubs signed on to Socios have also joined.
Sorare uses non-fungible tokens as the basis of its digital player cards, as distinct from the fungible tokens used in the Socios ecosystem.
Club-branded Socios fan tokens, which are issued in finite supply, can be exchanged for Socios' native blockchain token, Chiliz, on the platform's marketplace.
The sports and crypto communities seem to be enthusiastic about fan tokens.
In June 2020, Chiliz and Socios sold $1.3 million worth of FC Barcelona-branded tokens in under two hours.
Socios has also recently launched a Visa debit card - an evolution from its earlier version as a prepaid crypto-fiat card - that can be used to purchase goods and services across the European Economic Area..
?stanbul Ba?ak?ehir is the latest soccer club to launch a fan token
Publié le Nov 11, 2020
by Cointele | Publié le Coinage
Coinage
Nouvelles récentes
Voir tout
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.