{"id":11270,"date":"2021-06-28T14:11:08","date_gmt":"2021-06-28T14:11:08","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/06\/28\/portugal-national-team-joins-socios-com-to-launch-fan-token\/"},"modified":"2021-06-28T14:11:08","modified_gmt":"2021-06-28T14:11:08","slug":"portugal-national-team-joins-socios-com-to-launch-fan-token","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/06\/28\/portugal-national-team-joins-socios-com-to-launch-fan-token\/","title":{"rendered":"Portugal National Team Joins Socios.com To Launch Fan Token"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Portugal National Football Team has become the second national team in the world after the Argentine team to join the blockchain platform Socios.com to be their &#8220;Official Fan Token&#8221; partner. As part of this, Socios.com will launch the Official Fan Token of Portugal National Football Team ($POR) to engage with their global fanbase.<\/p>\n<p>The Portuguese Football Federation has inked a deal to this effect with blockchain platform Socios.com and Malta-based esports voting platform ChiliZ.<\/p>\n<p>Portugal will launch the $POR Fan Token in the next few days, providing fans across the world with a powerful new way to influence and engage with the team. The first $POR Fan Tokens will be dropped to existing Portuguese users on the Socios.com app ahead of the full launch of the Fan Token.<\/p>\n<p>The $POR Fan Token will be launched and go on sale in the next few days in a Fan Token Offering (FTO) on fan engagement and rewards app Socios.com and Chiliz.net, the world&#8217;s first tokenized sports exchange. The fans can purchase the token directly through their mobile phone via the Socios.com fan engagement app.<\/p>\n<p>The $POR Fan Tokens can be used by Portugal fans to access to voting rights in polls, VIP rewards, exclusive promotions, AR-enabled features, chat forums, games and competitions on Socios.com.<\/p>\n<p>Portugal is the reigning European Champions and has also won the inaugural UEFA Nations League in 2019. They became the 40th major sporting organisation to join Socios.com&#8217;s elite global network.<\/p>\n<p>Some of the other teams on the platform include Spain&#8217;s La Liga soccer clubs Atl\u00e9tico de Madrid and FC Barcelona as well as European league clubs, France&#8217;s Paris Saint-Germain, Italy&#8217;s Juventus and AS Roma as well as UK&#8217;s West Ham United and Argentina&#8217;s Club Atl\u00e9tico Independiente.<\/p>\n<p>Portugal Captain Cristiano Ronaldo and five other team members are already members of league clubs that are associated with Socios.com.<\/p>\n<p>Fan Tokens for Paris Saint-Germain, Juventus, AS Roma and Galatasaray have already been listed on world-leading crypto exchanges, including Binance. Fan Tokens have generated $150 million for clubs and partners in 2021 alone and look set to become a powerful new revenue stream for the sports industry.<\/p>\n<p>The Fan Token will help expand the teams&#8217; global fan engagement strategy and their global audience by bringing fans closer to the team. Meanwhile, Socios is expected to benefit from a wide range of marketing rights including in-stadium, TV and digital exposure.<\/p>\n<p>Socios.com is powered by ChiliZ, which allows both esports and sports entities to tokenize their voting rights to their fan bases to crowd-manage sports and esports organizations.<\/p>\n<p>The $POR Fan Token will be tradeable against the Socios.com platform&#8217;s native token, ChiliZ ($CHZ), with the fans needed to purchase ChiliZ tokens to exchange into Fan Tokens through a process known as a FTO. <\/p>\n<\/p>\n<p>Business News<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Portugal National Team Joins Socios.com To Launch Fan Token<\/a><br \/>\n<br \/>2021-06-28 14:11:08<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Portugal National Football Team has become the second national team in the world after the Argentine team to join the blockchain platform Socios.com to be their &#8220;Official Fan Token&#8221;&#8230;<\/p>\n","protected":false},"author":2,"featured_media":11271,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1563089145-599997674d42?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=1950&q=80","fifu_image_alt":"","footnotes":""},"categories":[32],"tags":[],"class_list":["post-11270","post","type-post","status-publish","format-standard","has-post-thumbnail","category-technology"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=11270"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11270\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/11271"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=11270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=11270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=11270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}