Tottenham Hotspur Joins the Web3 Revolution with Its Own Fan Token on Chiliz Blockchain

by Oct 1, 2023CryptoNews0 comments

Tottenham Hotspur, a popular English Premier League football club, has announced the launch of its own fan token on the Socios.com platform, powered by the Chiliz blockchain. The token, named $THFC, will allow fans to access exclusive club content, rewards, games, and experiences, as well as to vote on club-related decisions.

The club said the token will help enhance its engagement with its global fan base and create new revenue streams. The token will also enable fans to participate in the Web3 ecosystem and to benefit from the potential value appreciation of their digital assets.

The token sale will start on Oct. 4 at 10 a.m. BST, with a limited supply of 10 million tokens available at a fixed price of $2 each. Fans can purchase the tokens using the Socios.com app or the Chiliz.net exchange, using either fiat currency or cryptocurrency.

Tottenham Hotspur is the latest football club to join the Socios.com network, which already includes more than 40 sporting and entertainment partners, including FC Barcelona, Paris Saint-Germain, Juventus, AC Milan, Manchester City and UFC. According to Socios.com, more than 1.2 million fans have used its platform to interact with their favorite clubs and athletes.

Alexandre Dreyfus, the CEO of Chiliz and Socios.com, said that he was delighted to welcome Tottenham Hotspur to the platform and that he expected the token to generate significant fan engagement and revenue for the club. He also said that he was confident that more Premier League clubs will follow suit and launch their own fan tokens in the near future.

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Todd Kline, the chief commercial officer of Tottenham Hotspur, said the club was always looking for innovative ways to connect with its fans and to offer them unique experiences. He said the token will provide fans with a new way to interact with the club and influence its direction. He also said the token will help to grow the club’s global fan base and showcase its ambition and vision.

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