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Gate.io Blog:Can Socios Accomplish Its Significant Goals During the World Cup?

2022-08-30 10:30:03 UTC 12242

【TL; DR】

🔹 Socios is a crypto sports platform that allows fans all over the world to participate.

🔹 As a tool to connect stars and fans, fan tokens have always been full of imagination.

🔹 Chiliz provides a customized fan token issuing mechanism - FTO (fan token offering) to help teams or organizations develop crypto business.

🔹 The good development of Socios is mainly because it has established a strong relationship between sports entities and their supporters, enabling the club to monetize, digitize and globalize this relationship.

On August 16, the countdown to the 2022 World Cup in Qatar officially entered 100 days, and the crypto segments related to football and sports also began to move and become active, especially Chiliz.

As the leading economic service platform for sports fans, $CHZ has increased by 54.4% in the past 14 days and 124.4% in the past 30 days. With the World Cup approaching, it may continue to drive the rise of CHZ.

It is predicted that the promotion of sports events to the crypto economy will be concentrated in this year's World Cup, and CHZ may become a focus of special attention, because the landing cases of its integration with sports are becoming more and more abundant.

Nowadays, Socios.com has achieved a win-win situation. For the team, it provides a tool to operate fans. For the fans, it has the channel to invest in the team and the right to make decisions on certain matters.

But they also worry that their relationship with the club will be "harmed" by some speculators. As the club and the cryptocurrency platform they are cooperating with have opened the door to an unregulated and alternative financial world, but at the same time, the market has provided little guidance or warning on the risks involved.

For more details, please refer to our blog post:Can Socios Accomplish Its Significant Goals During the World Cup?

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August 30

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