07/09/19 01:00 UTC-4

Atletico Madrid issues a token for fans

ICO, ІРО, STOAtletico Madrid will hold an ICO
Atletico Madrid will hold an ICO

Atletico Madrid, the Spanish football club, decided to release cryptocurrency for their fans. The Socios project will deal with the Technical side.


Atletico will distribute cryptocurrency to fans

According to Cointelegraph, Socios and Atletico Madrid will hold Fan TokenToken
– is an accounting unit that is used to represent a digital balance in an asset.Details
Offering (an analogue of ICO) this fall. One token will cost €2.

The token will give fans the right to vote on important decisions for the club. Also, with their help, fans will be able to buy branded items and participate in sweepstakes.

Interesting in the section: Financial geography. Cryptocurrencies in Poland

  • Socios has already conducted the FTO for other clubs. Among them are West Ham, PSG and Juventus
  • On September 6th, Atletico Madrid ranks first in the La Liga, Spanish Football Championship 
  • Atletico Madrid also plays in Group D of the Champions League. Among his rivals are Bayer, Juventus and Moscow Lokomotiv.


Editor: Alex Riabukha

See also: "Political ICO: BitPAC collects cryptocurrency for US elections"

#Football #Cryptocurrency #Fantoken #AtleticoMadrid #Socios #FTO



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