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AS Monaco, A French Football Club, Adopts Crypto

By:
Olumide Adesina
Updated: Nov 25, 2021, 10:08 UTC

Chiliz, the leading blockchain company for the sports, announced that AS Monaco will launch a Fan Token on the fan engagement and rewards app Socios.com.

AS Monaco, A French Football Club, Adopts Crypto

Chiliz, the leading blockchain company for the sports, announced that AS Monaco will launch a Fan Token on the fan engagement and rewards app Socios.com.

The club is based in Monaco, but competes in the French league system. Monaco has won eight league titles, five Coupe de France trophies, and the UEFA Champions League in 2004. It is one of the top clubs in French football.

A variety of games, competitions and quizzes allow fans to compete with others across the globe, compete on global leaderboards, and earn rewards, benefits, and experiences on the way. Token Hunt, a geo-location, augmented reality feature by Socios.com, will also be available to fans.

Socios.com also recently added to its offering for Fan Token holders, launching the first ever live ‘in game’ NFTs in collaboration with AC Milan, Valencia and S.C. Corinthians.

Besides the aforementioned team, Socios.com partners with Paris Saint-Germain, FC Barcelona, Inter Milan, Juventus, Napoli, AS Roma, Valencia, Atlético Madrid, Manchester City, Arsenal, and many others. Socios.com’s network of sports properties also includes the UFC, F1, 25 NBA teams, as well as leading teams in hockey, esports, and cricket.

Details about the launch date, price and supply of the $ASM Fan Token will be revealed shortly

Oleg Petrov, Vice President and CEO of AS Monaco, said: “As part of the Club’s digital development, finding new forms of engagement with our international fan community is a priority.

“We are excited to be able to interact with our fans in a whole new way with the creation of the $ASM Fan Token, allowing them to experience new things. We are pleased to collaborate with Socios.com, a pioneering and industry-leading company with expertise in some of the world’s most prestigious sports organizations.”

“AS Monaco represents more than just a successful football club for the principality. It stands for cosmopolitanism and has a huge following worldwide,” said Alex Dreyfus, CEO of Chiliz and Socios.com.

“The Fan Tokens will allow the club to connect with their global community of fans in a way they never have before, offering their fans unprecedented opportunities to engage and reward them on Socios.com.”

About the Author

Olumide Adesina is a France-born Nigerian. He is a Certified Investment Trader, with more than 15 years of working expertise in Investment trading. He is a Member of the Chartered Financial Analyst Society.

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