We’ve spent the last 2+ years actively #BUIDLING. 8.8 billion $CHZ were generated in October 2018, and after distribution to early contributors, $CHZ was publicly listed on major cryptocurrency exchanges including Binance, BitMax & KuCoin. Socios.com was launched at the end of December 2019; Juventus was the first club to produce their Fan Tokens ($JUV), hold a Fan Token Offering and give their fans the chance to vote on the blockchain.
We have on-boarded 10 Official Partners to Socios.com, held Fan Token Offerings for six of those partners and have run numerous polls and have rewarded hundreds of fans from across the globe. We’re working hard to add more football & esports partners to our roster of ‘tokenized’ platform partners, with an ambition to add 50+ IPs by the end of 2020. We’re also in the process of onboarding other sports & entertainment verticals, such as the recently announced UFC, in order to explore how we can tokenize other sports properties.
As the exclusive on-platform currency, fans use $CHZ to buy these branded Fan Tokens, which give users decision-making power by allowing them to vote on polls our partners publish on the app. Ownership also gives fans access to exclusive rewards & incredible experiences, as well as gamification, social connection and leaderboard features as they launch through 2020 and beyond.
Fan Tokens are emitted on Socios.com’s own Proof of Authority side chain. All fan influence polls are executed as smart contracts on the PoA side chain as well.