Turkish football club Galatasaray has become the latest sports team to partner with Socios.com to launch a cryptocurrency fan token.
Socios is a blockchain-based influence and rewards mobile application for fans to engage with their favourite football teams.
Galatasaray will be joining Paris Saint-Germain, Juventus, AS Roma, Atlético de Madrid, and West Ham United in joining Socios.
The official fan token will enable fans to vote in club-delegated polls. Poll topics range from a whole host of different subjects such as new official product designs, matchday activities, and in-stadium experiences as well as sponsorship campaigns, collaborations, and social media content.
Fans will gain more influence as they amass more tokens, and they will have the opportunity to compete for club-specific experiences and exclusive rights.
The Galatasaray fan token is set to go on sale through Socios.com in the first quarter of 2020.
“As Galatasaray, we are very pleased to join forces with Socios.com and start an exciting journey,” says Dorukhan Acar, board member of Galatasaray FC.
“This new partnership opens a world of new opportunities for us with respect to our fan engagement and global reach as well as being another milestone in our digital transformation strategy.”
Interested in reading about other football clubs that have partnered with Socios? Discover more about West Ham United launching its own token for blockchain-based voting.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.