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New Socios Features Evolve Fan Tokens into Sports Rewards

November 25, 2023
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Socios.com, an influential blockchain-powered fan engagement platform, not too long ago rolled out a trifecta of latest options to reinforce revolutionary fan experiences within the sports activities panorama.

Every new characteristic boosts the utility of ‘Fan Tokens’ — a digital token (NFT) that may “rework ardour into extraordinary rewards” — to improve connections between followers and their favourite sports activities groups. 

Fan Favorite: Vote for the ‘Participant of the Match’

First up, ‘Fan Favorite’ amplifies fan participation throughout match days, constructing upon present ‘Predicator’ and ‘Test-in’ options. By way of this new characteristic, followers are empowered to vote for his or her favourite participant of the sport quarter-hour earlier than the match ends. As soon as the match involves a detailed, the outcomes are revealed, with winners profitable unique experiences as rewards. 

Notably, Fan Favorite is rapidly garnering recognition attributable to giving followers the distinctive alternative to honor participant achievements and earn prizes. Already, greater than 260,000 votes have been forged, with 57 soccer groups taking part as a consequence. 

Locker Room: Unlocking Digital Property 

Subsequent up, the ‘Locker Room’ characteristic is one to be careful for, permitting followers to redeem one-of-a-kind digital gadgets by “locking” their Fan Tokens. 

Two kinds of ‘Lockers’ can be found: ‘The Locked Locker’ and ‘The Versatile Locker’. The previous permits sports activities followers to redeem their rewards instantly — though Fan Tokens stay locked till the marketing campaign concludes. The latter additionally offers followers the distinctive alternative to unlock Fan Tokens and procure rewards. Nonetheless, there’s a catch: if opening too early, the reward could disappear. 

The principle intention of Locker Room is to bolster the utility of Fan Tokens, offering followers with quite a few rewards like digital and tangible items, together with real-world VIP experiences and signed merchandise, supplied they continue to be strategic and cautious.

Over 3,000 customers have engaged with this characteristic since launching, locking roughly 30,000 Fan Tokens and gathering over 25,000 digital collectibles.

Public sale: Earn Unique Merchandise

Final however not least is the ‘Public sale’ characteristic, spurred from the corporate’s ‘Get The Ball, Personal The Second’ collaboration with the skilled soccer league competitors Serie A. By way of this characteristic, soccer followers can leverage Socios’ in-app forex $CHZ, to position bets on matches, probably profitable footballs and game-worn autographed jerseys relying on their outcomes. 

Within the close to future, the Socios hopes to increase the Public sale characteristic to all soccer companions and additional widen the boundaries of the Fan Favorite characteristic to incorporate sports activities like rugby and racing.

Regardless of already having greater than 2 million customers throughout 160 nations, these new Socios options current the platform’s robust dedication to enhancing sports activities fandom via issuing vital rewards to customers throughout the globe. 

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Tags: evolvefanFeaturesRewardsSociosSportstokens
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