West Ham United launches tokens for fans

The Premier League football team's new token will allow fans to influence club decisions

The English football team West Ham United is showing interest in the blockchain ecosystem by developing its own crypto currency. The new fan token will be launched in collaboration with Socios.com and will allow the 40 million fans to vote on club decisions and access exclusive rewards.

The token was launched just in time for the 2019-2020 season. Fans will be able to buy, collect and search for the tokens. The more tokens they get, the more influence they will have on club decisions.

Similarly, fans can also exchange their tokens for unique life experiences. West Ham tokens will be issued via the blockchain Socios.com platform and can be traded with the tool’s native crypto currency, ChiliZ (CHZ).

The club in an official statement describes the initiative blockchain as: “A unique mobile application for football fans who are able to vote by buying, winning or looking for amateur tokens in certain club decisions. As well as winning club rewards and competing for unique experiences”.

For its part, the Socios.com platform is described as a “new application for football fans.” The initiative offers users unprecedented access to the voting rights of their favorite clubs.

L.Sáenz

Source: Diario Bitcoin

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