Thursday, September 29

Vasco da Gama will be the next club to launch fan token


Club de Regatas Vasco da Gama announced the launch of its fan tokens this Tuesday (18), an initiative that had not yet been tried by the club. This launch is being led by the company Socios, pegged to the Chiliz (CHZ) cryptocurrency.

In this way, fans who want to buy units of this new asset must buy Chiliz and register on the official Socios app.

Socios has managed to sign contracts with several Brazilian clubs known around the world, such as Atlético Mineiro, Corinthians, Flamengo, Internacional, Palmeiras, among others.

In fact, this will be the first creation of a fan token for a club that currently competes in the B series of the Brazilian Championship, showing that the company is expanding its operations.

Vasco da Gama announces creation of Fan token

Vasco has a great history in Brazilian football and is one of the biggest fans in the state of Rio de Janeiro. Champion in several tournaments he played in, the club now hopes to create another option for its fans in the cryptocurrency market.

That’s because, the $VASCO Fan Token will be released soon and will allow its fans to vote through the Socios app for various small decisions to be made by the club. In a statement shared with the Livecoins, Socios said the club has 12 million fans, spread across the world.

“$VASCO Fan Token holders will be able to have a say in a wide range of fan-related decisions, such as kit design, jersey numbers for new signings, celebration songs, inspirational messages and other fan-related topics , voting in binding polls on the Socios.com app.”

In addition to interacting with the club in decision-making, fans will be able to remember remarkable moments in the history of the “Gigante da Colina”. Games will be made available to fans and whoever wins can get exclusive rewards through the app.

The date of Vasco’s token sale has not yet been announced to the crowd, which should follow for more news on the subject soon.

In Brazil, Socios has an office in São Paulo and recently hired the former innovation manager of Atlético Mineiro.

Another Vasco token

For Vasco, this is another way to raise funds with its fans and maximize its revenues to fight for access to the Brasileirão series A in 2022. Before this fan token, Vasco da Gama had already launched a solidarity mechanism token, which gives holders a value from the sale of players released by the club.

About this fan token, Vasco’s Marketing VP said that the negotiation was careful and took a few months, but it will be an important step for the club’s digital transformation.

“We are very proud of Vasco’s arrival at Socios.com. The world leaders in the Fan Token space chose Vasco to be one of their Brazilian partners, after a very careful negotiation that took a few months. This is an important step in the club’s transformation process, despite all the difficulties. To Vasco fans I say: stay tuned because $VASCO is coming and Vasco fans will receive a special gift”.

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