SAO PAULO TO LAUNCH FAN TOKEN ON SOCIOS.COM

Campeonato Brasileiro Série A team São Paulo FC in partnership with Chiliz, the leading global blockchain providers for the sports and entertainment industry, have officially announced that they will launch a Fan Token on the fan engagement app Socios.com.

São Paulo will become the fourth Brazilian team to launch a Fan Token on Socios.com after Atlético Mineiro, Corinthians and Flamengo.

São Paulo are one of the most successful clubs in Brazilian football history and are the first team to win six Brazilian championships and the only team to have won three consecutive titles. São Paulo has also won 12 titles on the international stage. The club plays its football at Brazil’s largest private stadium, the Cicero Pompeu de Toledo and is nicknamed the ‘Tricolor Paulista’.

Fan Tokens are collectible digital assets, minted on the Chiliz blockchain, that provide owners with access to voting rights in polls, VIP rewards, exclusive promotions, AR-enabled features, chat forums, games and competitions on Socios.com.

70 major sporting organizations have partnered with Socios.com to launch Fan Tokens, including FC Barcelona, Paris Saint-Germain, Juventus, AC Milan, Atlético Madrid, Valencia, Manchester City, Inter Milan, Arsenal and the Argentina and Portugal national football teams. Socios.com is also rapidly expanding its presence in the U.S. with two thirds of the NBA on board and more teams set to follow. MMA giants UFC have launched a Fan Token as have fellow MMA organisation the PFL. The Socios.com roster also features a host of leading teams from F1, esports and cricket.

Created by Chiliz, the leading blockchain provider for the global sports and entertainment industry, Socios.com has major expansion plans and is targeting many more Fan Token launches in LATAM and throughout the world.   $CHZ – the digital currency for sports and entertainment that powers the Socios.com platform, and Fan Tokens for several partner clubs,  is available on Brazil and South America’s biggest crypto exchange Mercado Bitcoin.

Socios.com has multiple office locations around the world and has already opened new regional headquarters in Madrid, Istanbul, São Paulo and Buenos Aires. The company will open a new office in North America in the near future.

Details on when the São Paulo  Fan Token will launch will be revealed in the near future.

Julio Casares, President of São Paulo FC: “It‘s very gratifying to have Socios.com as our partners and, without a doubt, it’s proof that São Paulo is widely recognized as a global brand. In addition, São Paulo’s insertion into a rapidly expanding universe is yet another initiative that demonstrates the leading spirit that we want to return to the club, which, step by step, we will manage to get there.”

Alexandre Dreyfus, CEO of Chiliz and Socios.com, said: “Four of the biggest teams in Brazil have now joined the Socios.com roster. Four massive, historic teams with incredible legacies have joined the global mission to create a new generation of active fans.

“ São Paulo are a huge name in football, not just in Brazil, but around the world and it’s our privilege to welcome them aboard. We can’t wait to get started and look forward to creating history with their passionate fans.”