Chiliz & Socios.com To Sponsor Friendly Match In Seoul
Malta, 22nd July 2019: Chiliz, (Bitmax: $CHZ) a leading sports and entertainment blockchain company, today announces their sponsorship of the Juventus Vs Team K-League match on 26th July, 2019. This sponsorship will work in tandem with the company’s ongoing blockchain partnership with Juventus, as the club’s Official Fan Token Partner.
In addition to branding rights in the World Cup Stadium and during the match, Chiliz and Socios.com have a number of match tickets to give away to Korean fans, and will be giving a few select fans to watch their heroes from the ‘dugout’ during the warm-up.
Inspired by the ‘socios’ membership model favoured by clubs such as Real Madrid and FC Barcelona, Socios.com is a first-of-its-kind blockchain-based mobile app for sports and entertainment fans. The app will create a closer connection between football clubs and their fans through Fan Tokens – digital assets that give fans the right to vote in certain club-delegated decisions. The more fans vote and interact with the club through the app, the more rewards they can earn, competing for once-in-a-lifetime experiences, and gaining access to exclusive merchandise, games and leaderboards. The blockchain-based fan engagement and rewards platform has also secured partnerships with other top-tier clubs across Europe – Paris Saint-Germain, West Ham United and AS Roma.
Fan Tokens will be tradeable against Socios.com’s native token, $CHZ, a digital currency that fuels blockchain-backed platforms and products that are geared towards casual and mainstream users, and which is currently listed on BitMax and KuCoin, as well as Binance DEX – Binance’s decentralized exchange. A club’s Fan Tokens are utilised on Socios.com but operate on a separate permissioned side chain, where each club becomes a Node with Proof Of Authority (POA). Fans must first purchase $CHZ through a cryptocurrency exchange or directly on the app itself, to subsequently buy Fan Tokens through a process known as a Fan Token Offering™ or FTO. Fan Tokens will be available exclusively through Socios.com in Autumn 2019. Fan Tokens can also be earned by frequent and regular interaction with the club on the app or hunted for free through the app’s augmented-reality geo-location feature Token Hunt.
Team K-League will be formed from a selection of some of the best players in Korea, with the final line-up being voted on by fans. , to be played at the 67,000 capacity World Cup Stadium in Seoul, South Korea Kick-off is scheduled for 20.00 local time (13.00 CEST).