A currency that lets you influence you sports team decisions
The world’s leading blockchain fintech provider for sports & entertainment
Bridging consumers and sports brands through currency to elevate everyday experiences in entertainment, rewards, pre-sales etc.
Socios.com allows every club that joins to generate a supply of fan tokens. This enables fans to vote on club matters such as jersey design,charities,Meet and greets and exclusive content. The AR feature allows tokens to be collected from anywhere in the world (kinda like Pokemon Go)
- Fan tokens have a launch price but their value going forward in $CHZ is completely in the hands of market forces( Fan demand)
- For example, FCB has as a total supply of 40,000,000 $BAR which is traded against $CHZ.
- UFC : All fan token holders will be able to access UFC related offers and rewards, including tickets to UFC events or pre-sales access to tickets through this partnership
- As a sports fan, the opportunity to engage with your idols is a very innovative concept. Great concept but as with everything, market will decide the success.
- How does $CHZ get their value? Well, you can't get fan tokens without initially having $CHZ. So the more partners Chilliz sign up with, the greater the opportunity to expand
- Burning mechanism : 20% of net trading fees from exchange will be burnt, 20% of net proceeds from NFT's will be burnt and 10% of net proceeds from Fan token offerings(FTO's) will be burnt
Concerns,
1. Centralised for now but transparent transactions
2. Team holds a large share of tokens and could dump them on the market and reduce price but why would they?
3. Only 4.4Bn in circulation out of 8.8Bn. Future supply can have a downward pressure on price(inflation!). 20% in 2020 unlocked and 12% unlocked in 2021.
4. App has bugs (3.6/5 ratings)
5. Dilemma for fans. What if the coin 10X's and they value the coin more than their ability to vote on matters?
6. More teams, more chances of team dumping
7. Rank #98 crypto projects
TA,
- Long term trend in tact
- Reduced volatility
FA,
- Partnerships with FC Barcelona, UFC, AS Roma, Juventus and PSG
- network effects + First mover + Free marketing
- Recent moves in sports betting stocks such as PENN, DKNG and PBH
- Over 100k users. Brings in people from outside crypto. This is good for crypto overall.
- Not talked about much
-Strong management team
- backed by esports celebrities such as Anomaly(2m+ subs)
- Huge TAM for eSports
- Growth in eSports, Poker, Twitch,Chess, Baseball, basketball, hockey and cricket.
Small position size.
Bridging consumers and sports brands through currency to elevate everyday experiences in entertainment, rewards, pre-sales etc.
Socios.com allows every club that joins to generate a supply of fan tokens. This enables fans to vote on club matters such as jersey design,charities,Meet and greets and exclusive content. The AR feature allows tokens to be collected from anywhere in the world (kinda like Pokemon Go)
- Fan tokens have a launch price but their value going forward in $CHZ is completely in the hands of market forces( Fan demand)
- For example, FCB has as a total supply of 40,000,000 $BAR which is traded against $CHZ.
- UFC : All fan token holders will be able to access UFC related offers and rewards, including tickets to UFC events or pre-sales access to tickets through this partnership
- As a sports fan, the opportunity to engage with your idols is a very innovative concept. Great concept but as with everything, market will decide the success.
- How does $CHZ get their value? Well, you can't get fan tokens without initially having $CHZ. So the more partners Chilliz sign up with, the greater the opportunity to expand
- Burning mechanism : 20% of net trading fees from exchange will be burnt, 20% of net proceeds from NFT's will be burnt and 10% of net proceeds from Fan token offerings(FTO's) will be burnt
Concerns,
1. Centralised for now but transparent transactions
2. Team holds a large share of tokens and could dump them on the market and reduce price but why would they?
3. Only 4.4Bn in circulation out of 8.8Bn. Future supply can have a downward pressure on price(inflation!). 20% in 2020 unlocked and 12% unlocked in 2021.
4. App has bugs (3.6/5 ratings)
5. Dilemma for fans. What if the coin 10X's and they value the coin more than their ability to vote on matters?
6. More teams, more chances of team dumping
7. Rank #98 crypto projects
TA,
- Long term trend in tact
- Reduced volatility
FA,
- Partnerships with FC Barcelona, UFC, AS Roma, Juventus and PSG
- network effects + First mover + Free marketing
- Recent moves in sports betting stocks such as PENN, DKNG and PBH
- Over 100k users. Brings in people from outside crypto. This is good for crypto overall.
- Not talked about much
-Strong management team
- backed by esports celebrities such as Anomaly(2m+ subs)
- Huge TAM for eSports
- Growth in eSports, Poker, Twitch,Chess, Baseball, basketball, hockey and cricket.
Small position size.