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Information

Data from
Issue Time
2017/10/05
Initial Price
US $ 1.89778759
Circulation/Max
3.83M/
Dominance
0.00%
ROI -44.20%
$1.89778759$61.11632681
Low · 2022/05/122022/05/12 · High

Information

What is the Coin description?

The Atletico de Madrid Fan Token ($ATM) is a utility token that gives Atletico de Madrid Football Club ("Atletico de Madrid") fans a tokenized share of influence on club decisions using the Socios application and services. Socios is a blockchain-based fan engagement and rewards platform for sports and entertainment organizations powered by Chiliz.

Answers

What are Fan tokens?

Fan tokens are assets that represent proof of ownership or membership. They are used for various purposes and are supported by specialized blockchains like Ethereum and their ERC standard tokens. Socios.com is an app for football fans where users can acquire club-specific Fan tokens to gain voting rights and influence the clubs they support.

How do Fan tokens work?

Fan tokens work through the use of Chiliz ($CHZ), an ERC20 utility token on the Ethereum blockchain. $CHZ serves as the digital currency for the chiliZ and Socios.com platform. To acquire Fan Tokens, fans need to purchase $CHZ via a cryptocurrency exchange. These tokens are specific to a team or club and provide access to an encrypted ledger of voting and membership rights ownership.