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Crystal Palace: FTO

LONDON, FEBRUARY 4TH: Crystal Palace F.C., in partnership with Chiliz, the leading global blockchain providers for the sports and entertainment industry, have announced that the $CPFC Fan Token will be launched on Tuesday February 8th 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 200,000 $CPFC Fan Tokens will be released in what will be the second 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 48 hours (or until end of stock) with Fan Tokens purchases capped at 5 $CPFC per user.

Wave 2 – Will start on Thursday at 13:00 CET and will go on for 24 hours (or until end of stock) with Fan Token purchases capped at 15 $CPFC per user. 

Wave 3 – Will start on Friday at 13:00 CET and will go on for 24 hours (or until end of stock) with Fan Token purchases capped at 30 $CPFC per user. 

The first Fan Poll will be available as soon as the FTO® is launched, giving Crystal Palace fans the chance to name a pitch at the first team training ground after a former player from the last 20 years (this period of time reflects the period that the club’s first team have trained at the current training ground in Beckenham). This poll will launch on Tuesday 8 February. Furthermore, Crystal Palace fans will have the chance to submit their own suggestions prior to the release of the first official poll.

Additionally, Socios.com is working closely with the club to identify ways in which it can support fans outside of the app as part of its wider soon-to-be-launched Socios Supports initiative. For one of the first initiatives, Socios.com has agreed to hand over its in-game LED board advertising at Selhurst Park to the club’s Disabled Supporters Association for a game this season, likely to be in the coming weeks. This is just the first of many such initiatives the club will be rolling out with Socios.com.

One $CPFC Fan Token will be enough to vote on all the polls launched by Crystal Palace and to take part in all the club-related features.

Crystal Palace F.C. the sixth Premier League 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 team of 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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