AC Milan, the Italian football giant, has launched its own fan token to vote on a club motto for the season.
It has been reported in an announcement that the club’s ACM fan token is LIVE on fan engagement Socios.com, which allows fans to purchase the token that gives access to club polls, VIP rewards, super-fan recognition, games, and chat forums. The token debuted trading at $6.68.
However, in partnership with blockchain firm Chiliz, AC Milan is debuting the ACM token with a team motto poll that will see ACM holders create and vote on a motto to inspire players for the rest of the 2020–2021 Serie A playing season.
The winning motto will be placed inside the first-team dressing room at the San Siro stadium.
The report said that the poll, which has been scheduled for this week, is designed to provide over 500 million AC Milan fans around the world with an opportunity to support their favorite football stars.
Crypto meets #sports! The football club, @ACMilan, will be hosting a vote for the team’s motto via fan token on the @socios app. https://t.co/Uxlx4g18jx — Cointelegraph (@Cointelegraph) February 11, 2021
AC Milan officially announced its plans to launch the ACM fan token on Chiliz in January 2021 in a move to reach the club fans amid the ongoing COVID-19 restrictions.
Before helping AC Milan in launching their fan token, Chiliz and Socios launched a number of tokens for multiple sports clubs and organizations including FC Barcelona, Juventus, and Paris Saint-Germain.
Thus, Barcelona fans used the tokens to vote on the placement of a fan-designed artwork in the team dressing room, while Juventus fans had a chance to choose the club’s new celebration song.