Fan Tokens For 7 Major Sports Teams Minted On $CHZ Chain
MALTA, 6th November, 2019: Following the minting of 20 million Juventus Fan Tokens ($JUV) on October 29th, Chiliz (Binance.com:$CHZ) marks another big milestone today with the news that all Fan Tokens for the six other initial partner clubs have been minted.
Fan Tokens for Paris Saint-Germain, OG Esports, AS Roma, Atlético de Madrid & Galatasaray have been added to the permissioned PoA (Proof-of-Authority) chain and will be visible on the Socios.com app upon launch.
Details on Fan Token supply and price at FTO stage in fiat are included below. The token supply amount is the maximum amount that will ever be available. Circulating supply will be defined at a later stage.
The Juventus Fan Token Offering (FTO) will be completed before the end of the year, with Juventus to become the first football club in the world to offer tokens to their supporters.
The FTOs for Paris Saint-Germain and Atlético de Madrid are scheduled for January 2020 before further FTO’s for, AS Roma, & Galatasaray take place in February. The FTO for OG will take place in March.
In addition to the seven initial partner clubs, Socios.com has a pipeline of dozens of clubs ready to join the platform; several leading football clubs and teams from other sporting verticals may be announced before the end of 2019.
We thank the Chiliz community for their continued support of our vision and product. If you have any questions about the minting of tokens, or about Chiliz/Socios.com in general, join our Telegram: https://t.me/chiliz_io
Thanks for reading!
– Chiliz Team