Galatasaray Launch Cryptocurrency Powered $GAL Fan Token On Socios.com

Fans Are Already Using $GAL Fan Tokens To Choose An Official Entrance Anthem at the Türk Telekom Stadium.

 

ISTANBUL, 04th February 2020: The first Galatasaray poll on fan engagement & rewards app Socios.com is open, meaning Cimbom fans around the world have a new way to connect with their club. For this first poll, the club is asking fans to choose the official entrance anthem at the Türk Telekom Stadium.

Fans are already using $GAL Fan Tokens on Socios.com to vote in the first poll, choosing from the following 5 options.

Re Re Re Ra Ra Ra
Çocukluk Aşkımsın
Kupalara Layıksın
Şereftir Seni Sevmek
Şampiyonsun Galatasaray

Only those in possession of $GAL Fan Tokens are eligible to vote. Fans can purchase $GAL Fan Tokens exclusively in the Galatasaray Fan Token Offering (FTO™), which is open now on Socios.com. Each $GAL Fan Token will be priced at around ₺10  depending on the exchange rate of Chiliz $CHZ, the digital currency of Socios.com, at the time of purchase.  Once acquired, $GAL Fan Tokens cannot be spent and can be used to take part in all votes on the app.

Fans will earn reward points for taking part in the polls, giving them the opportunity to access unique experiences and exclusive club merchandise. Experiences could include the chance to watch a match from the VIP area at the Türk Telekom Stadium and meet stars from the team as well as club legends. Socios.com and Galatasaray will reward fans in other exciting ways too, creating once-in-a-lifetime experiences and allowing supporters to get closer to their heroes.  The more Fan Tokens accumulated and the more a fan interacts with the app, the more reward points they will receive, increasing their chances of winning one of these incredible experiences.

All polls take place in a secure environment, and all participation is registered on the blockchain, so the results are transparent and can’t be altered. This means that Galatasaray fans can use $GAL Fan Tokens to vote in club polls confident that the outcome will be fair and meaningful.

Hundreds of thousands of Chiliz $CHZ, the digital currency of Socios.com, and a limited number of $GAL Fan Tokens were made available for free during January through Socios.com’s in-app Augmented Reality (AR) feature Token Hunt. Fans who collected $CHZ in the Daily Token Hunts can use them towards purchasing $GAL Fan Tokens now that the FTO is open.  

Dorukhan Acar , Board Member of Galatasaray , said: “  We are very happy to launch a system in which millions of Galatasaray fans can make their voices heard and support their clubs. As Galatasaray, the club of firsts that do not ignore the developing technologies, we are excited to launch the Fan Token system with our global competitors from France, Spain, Italy and England. As part of our vision of digital transformation, it will be an important step for us to be one of the leading clubs in the world that uses blockchain technology effectively.   “

Alexandre Dreyfus, CEO & Founder of Socios.com, said: “The enthusiasm and excitement from fans of Galatasaray for Socios.com has been unprecedented. I’m delighted the first poll is open and these incredibly passionate fans have the first opportunity of many to get closer to their beloved club. Socios.com will build an even stronger connection between Galatasaray and fans, allowing them to engage with their team in an unprecedented way and providing them with the opportunity to win amazing once-in-a-lifetime experiences.”