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AS MONACO OFFICIAL FAN TOKEN ($ASM) TO BE RELEASED ON JANUARY 18TH ON SOCIOS.COM

This post was originally published on Chilliz

Chiliz

Jan 17 · 3 min read

  • The first Fan Token Offering (FTO®) of the year will see a new format spanning four days to increase opportunities for fans to access $ASM

MONTE CARLO, JANUARY 17TH: Eight time Ligue 1 champions AS Monaco, in partnership with Chiliz, the leading global blockchain providers for the sports and entertainment industry, have announced that the $ASM Fan Token will be launched on Tuesday January 18th at 13.00 CET.

Fan Tokens are collectible digital assets that give sports fans access to a new digital service provided by their favourite clubs through the Socios.com app. Benefits include the right to take part in decision-making processes by voting in polls, access to exclusive discounts and rewards and the chance to earn unique prizes and rewards through games, competitions and other features.

During 2021, Socios.com Fan Token partners launched over 300 Fan Polls, with fans voting on kit designs, squad numbers, inspirational messages and other fan-related decisions. Up to 5,000 Fan Token holders were rewarded with signed jerseys, tickets and VIP experiences through the Socios.com app.

A total of 300,000 $ASM Fan Tokens will be released in what will be the first Fan Token Offering (FTO®) of 2022. As part of the efforts to increase opportunities for fans fans to benefit from this new opportunity, Socios.com is introducing a new format which will span four days across three stages:

  • Wave 1 — Will start Tuesday at 13.00 CET and will go on for 72 hours (or until end of stock) with Fan Tokens purchases capped at 5 $ASM per user.
  • Wave 2 — Will start on Friday at 13:00 CET and will go on for two hours (or until end of stock) with Fan Token purchases capped at 15 $ASM per user.
  • Wave 3 — Will start on Friday at 15:00 CET and will go on for 24 hours (or until end of stock) with Fan Token purchases capped at 30 $ASM per user.

The first Fan Poll will be available as soon as the FTO® finishes, giving AS Monaco fans the chance to choose the design of the sleeve patch that the team will wear during their Ligue 1 game against Paris Saint-Germain, one of the biggest fixtures in French football. $ASM holders will be asked to vote on three designs created by artist and designer Nairone Defives.

AS Monaco will launch a second Fan Poll before the end of the month, which will give fans an unprecedented chance to decide which historic jersey will be re-issued for a limited edition collection to be sold on the club’s shop. Options will include home and away shirts worn by the team in 1999/2000, when club legends Barthez, Márquez, Trezeguet and Gallardo led the team to the Ligue 1 title.

One $ASM Fan Token will be enough to vote on all the polls launched by AS Monaco and to take part in all the club-related features, but the more tokens owned the higher the influence (vote is multiplied by the number of tokens owned) and the more chances to earn rewards.

AS Monaco, the second Ligue 1 team to launch its Fan Token on Socios.com, joins a network of over 50 sporting organisations worldwide that are already using the digital assets created by Socios.com to engage with their fans. The roster features football giants such as FC Barcelona, Manchester City, Juventus, Inter Milan, Arsenal and the national teams of Argentina, Italy and Portugal, amongst others, but also major MMA brands, Formula 1 teams and esports clubs all over the world.

The Socios.com mobile app, launched by leading blockchain provider Chiliz in 2019, is available for iOS and Android and currently hosts a growing community of 1.3 million users in 167 different countries. The company has headquarters in Buenos Aires, Istanbul, London, Madrid, São Paulo and Seoul and will very soon open its first offices in Italy and the US.

Socios.com aims to introduce millions of new fans to the benefits of Fan Tokens in 2022 with new innovations, features and rewards to be added throughout the year. Socios.com will add many more major global sporting organisations to its roster, launching high visibility national and international marketing campaigns and building up its sports and entertainment ecosystem in the next 12 months.

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