Crystal Palace Becomes Sixth Premier League Football Club To Release Fan Token On Socios.com’s Sports Blockchain Platform

2 min read

LONDON — DECEMBER 9TH: Premier League club Crystal Palace has announced a partnership with Chiliz, the world’s leading blockchain providers for the sports and entertainment industries. With this partnership agreement, the club will launch their $CPFC Fan Token on the fan influence and rewards app Socios.com.

Socios.com and Fan Tokens will create new opportunities for Crystal Palace to recognise and reward the club’s local and international fan base. Fans will also be able to access exclusive promotions and a number of other exciting upcoming features on the Socios.com app.

There are many benefits of becoming a Fan Token holder, some of which include voting rights in fan focused club polls, as well as the chance to compete and test their knowledge against other fans from home and abroad in club-related games, competitions, and quizzes.

Fan Token holders will be able to pick up points as they connect with other club and fellow fans through the app, which will unlock access to a wide range of benefits, including club merchandise and real-life experiences.  They even have the chance to watch games as a VIP at Selhurst Park and to meet their heroes from the past and present. Fan Token holders have also already benefited from additional innovative digital rewards.

The club will start the rewards campaign by offering all existing season ticket holders and members the opportunity to redeem a $CPFC Fan Token for free. Details on how fans can collect their free Fan Token will be released through official club channels prior to launch. In addition, information on when the $CPFC Fan Token Offering (FTO®) will launch will also be announced soon. $CPFC Fan Tokens will be priced at £2 in the FTO®.

1.3 million fans from 167 countries are already using Fan Tokens on the Socios.com app to connect with and be rewarded by the clubs they love and support. Crystal Palace will become the sixth English Premier League club to launch a Fan Token on Socios.com, joining Arsenal, Manchester City, Everton, Aston Villa and Leeds. The Manchester City Fan Token (CITY) was recently listed on Binance, the world’s largest crypto exchange by trading volume.

Socios.com has already met with several Crystal Palace fan groups in order to better understand the kinds of polls, rewards and engagement fans would like to see on the app. Socios.com is committed to being an ongoing liaison with key Palace fan groups and has already agreed to create future initiatives in collaboration with key supporter groups.

Alexandre Dreyfus, CEO of Chiliz and Socios.com, said: “Socios.com is creating new opportunities for fans to connect with and be rewarded by their favourite teams every single day.

“Very soon, Eagles at home, and those who have flown the nest, will have a really cool new way to get closer to the club they love.

“We’ve now welcomed six Premier League teams to our roster of more than 100 major sporting organisations. We’re determined to keep building and improving our app to give fans the engagement, recognition and reward opportunities they deserve.”

Barry Webber, Commercial Director at Crystal Palace, said: “This partnership will create new opportunities for the club to engage with our fanbase both in the UK and internationally, and creates new ways for us to recognise and reward the fantastic support we receive as a club.

Socios are leading the way in blockchain in the sports industry, as we have seen from their relationship with other leading Clubs and with their proven track record of helping connect fans with clubs, and we’re looking forward to joining their community.”

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