AC Milan Fan Token

An introduction to the AC Milan Fan Token, issued by Socios.com

The AC Milan Fan Token - $ACM - is a Fan Token (utility token/digital asset) that is designed to give fans of AC Milan a tokenized share of influence in the team decisions.

Socios is the world’s first blockchain-powered Fan Engagement application. Now fans can acquire Fan Tokens, participate in club decisions, access exclusive rewards, and collect in-app loyalty points (SSU) to redeem free tickets and unique experiences through the Fan Rewards.

Owning one $ACM Fan Token is all it takes to take part in official association decisions. Utilizing your Fan Token does not consume it, ie, voting in a poll will only ‘lock’ your Fan Token for the duration of the poll and it will be unlocked once the vote has been completed. Fan Tokens have no lifetime, so fans can keep influencing their team until they decide to sell their tokens on.

Engage in games, polls, trivia and accumulate SSU in exchange for club rewards such as merchandise, money-can’t-buy experiences, digital collectibles, and much more.

Key Metrics - Last updated - Nov 2022

What is a Fan Token?

Fan Tokens are a new digital asset class pioneered by Chiliz & Socios to act as a fan engagement tool for the sports & entertainment industry. Whilst Fan Tokens are not a direct financial investment product, they can be bought, sold or traded on certain exchange platforms, allowing users effectively to ‘sell’ the digital asset if they are no longer interested in participating in club decisions and rewards.

There are now multiple issuers of Fan Tokens. Socios has already partnered with over 150 teams from around the world, who each issue Fan Tokens on the Chiliz blockchain. What can I do on Socios.com? Utilize your Fan Token to vote in club decisions. Collect SSU loyalty tokens to redeem in the Fan Rewards section. Predict football match scores. Climb the leaderboards to win epic prizes. Participate in a geolocation augmented reality game to hunt for Fan Tokens and $CHZ for free. Play in-app minigames with a chance to score points and win rewards. Supercharge your fan experience. Collect Matchday NFTs and physical & digital memorabilia (NFT 2.0). Get cashback for your purchases on the official club websites.

Token Release Schedule

The AC Milan Fan Token has a monthly linear vesting/unlock schedule of 8 years, of which up to 2,500,000 $ACM tokens can be unlocked per year, starting from February 2021.

A Fan Token unlock does not necessarily correlate with an increase of circulating supply. This may depend on market conditions. Revenue generated by tokens sold goes directly to the club following Socios’ commission. What is the Chiliz Chain?

Chiliz Chain is an EVM (Ethereum Virtual Machine) compatible blockchain built for the Sports & Entertainment industry. All Fan Tokens issued by Chiliz / Socios are initially issued on the Chiliz Chain. Chiliz Chain was launched as a Proof-of-Authority chain with no access for developers. Chiliz Chain is currently being overhauled to welcome whitelisted developers to build Smart Contract based applications.

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