Millonarios FC Fan Token is a Fans token on the Chiliz. Fan Tokens allow fans across multiple sports verticals to exercise their share of influence within their favourite teams/leagues/clubs. Through Socios.com, fans are empowered to participate in certain club decisions, for example, choosing a goal celebration song in a football stadium, choosing which fighters should go head to head in MMA, and more. Thanks to Fan Tokens, holders receive access to once-in-a-lifetime experiences such as player meet and greets, training day events & much much more.

Fan Tokens enable fans across various sports verticals to exert their influence within their favorite teams, leagues, and clubs. Through Socios.com, fans are empowered to participate in certain club decisions, such as choosing a goal celebration song in a football stadium or determining which fighters should compete in MMA, among other things. Fan Token holders gain access to exclusive experiences like player meet and greets, training day events, and much more.

The Socios.com platform has partnered with some of the world's biggest sporting organizations, including FC Barcelona, Inter Milan, AC Milan, Manchester City, UFC, ROUSH Fenway Racing, Aston Martin, and many others, to launch their Fan Tokens.

Chiliz ($CHZ) is an ERC20 utility token on the Ethereum blockchain that serves as the digital currency for the Chiliz and Socios.com platform. With the launch of their platform and other sports blockchain ventures, a new type of token has emerged — the Fan Token. Once on the Socios.com platform, yet-to-be-announced club partners conduct a Fan Token Offering (FTO). Fans need to purchase $CHZ through a cryptocurrency exchange to acquire Fan Tokens. These tokens are specific to a team or club and represent a finite digital asset that grants access to an encrypted ledger of voting and membership rights ownership.

Fan Tokens are minted on a permissioned sidechain called Chiliz Chain, which is EVM compatible. Currently, Chiliz Chain does not require any transaction fees, ensuring fast and inexpensive transactions for sending and receiving Fan Tokens.

Chiliz has future plans to upgrade Chiliz Chain and establish itself as a leader in the sports blockchain space. This upgrade may include the minting of NFTs, staking, and other exciting features.