Information about "AC Milan Fan Token"
What Is the AC Milan Fan Token (ACM)?
The AC Milan Fan Token (ACM) is part of a collection of 40 fan tokens representing various international soccer clubs, all hosted by Socios. These tokens provide fans with a unique opportunity to engage in club decisions, enjoy VIP perks, and gain access to special offers, games, and chats. Additionally, fans can earn the prestigious title of superfan through their engagement.
ACM operates as a utility token on the Chiliz Chain, a Proof-of-Authority sidechain constructed on Ethereum by the fintech blockchain enterprise, Chiliz. Similar to other fan tokens, the AC Milan Fan Token empowers supporters with a voice in the club's operations by participating in team polls that influence team decisions. Fans holding ACM tokens can impact choices such as selecting jersey designs, naming training centers, and deciding on upcoming fan events.
Owning ACM tokens serves as a gateway for AC Milan fans to demonstrate their dedication and enthusiasm for the team. It allows them to accumulate reward points, gain VIP experiences, and buy club merchandise. Much like other crypto platforms, possessing a greater number of tokens increases one's influence within the token community.
The creators of ACM envision it as the "ultimate tool for fan engagement."
ACM operates as a utility token on the Chiliz Chain, a Proof-of-Authority sidechain constructed on Ethereum by the fintech blockchain enterprise, Chiliz. Similar to other fan tokens, the AC Milan Fan Token empowers supporters with a voice in the club's operations by participating in team polls that influence team decisions. Fans holding ACM tokens can impact choices such as selecting jersey designs, naming training centers, and deciding on upcoming fan events.
Owning ACM tokens serves as a gateway for AC Milan fans to demonstrate their dedication and enthusiasm for the team. It allows them to accumulate reward points, gain VIP experiences, and buy club merchandise. Much like other crypto platforms, possessing a greater number of tokens increases one's influence within the token community.
The creators of ACM envision it as the "ultimate tool for fan engagement."
Who Are the Founders of the AC Milan Fan Token (ACM)?
The AC Milan Fan Token (ACM) is backed by the Socios platform, which was established by French internet entrepreneur Alexandre Dreyfus in 2018. In a conversation with the French news outlet SportsPro, Dreyfus explained that Socios aims to "help clubs create stronger connections with their fanbase."
Dreyfus also mentioned that the company's mission is to assist clubs in generating additional revenue by recognising the shift from passive to active fan engagement. This allows fanbases to be monetized while offering fans recognition for their devotion.
Before launching Socios, Dreyfus was the founder and CEO of Chiliz (CHZ), a global sports and entertainment digital currency that powers the Socios platform. Chiliz has support from some of the largest blockchain companies worldwide. For over a decade, Dreyfus has been bridging the gap between cryptocurrency and sports industries.
Dreyfus also mentioned that the company's mission is to assist clubs in generating additional revenue by recognising the shift from passive to active fan engagement. This allows fanbases to be monetized while offering fans recognition for their devotion.
Before launching Socios, Dreyfus was the founder and CEO of Chiliz (CHZ), a global sports and entertainment digital currency that powers the Socios platform. Chiliz has support from some of the largest blockchain companies worldwide. For over a decade, Dreyfus has been bridging the gap between cryptocurrency and sports industries.
What Makes the AC Milan Fan Token (ACM) Unique?
The AC Milan Fan Token stands out by bridging the gap between famous football players and everyday fans. This token elevates fan support to a new level, offering enthusiasts the chance to connect closely with their favorite teams and players through exclusive rewards like VIP invitations, meet-and-greets, and autographed merchandise.
ACM pioneers the blending of sports and cryptocurrency, two fields that might appear unconnected but can greatly benefit from their relationship via the token-based app. Now, fans can participate in the lives of their players, while sports organizations have the opportunity to engage with supporters in unprecedented ways.
For instance, ACM token holders have been able to select the official fan motto for AC Milan's dressing room.
ACM serves three primary functions: governance (allowing fans to have a say in club decisions), rewards (tied to engagement), and staking (in the future, tokens can be staked to earn non-fungible tokens).
ACM pioneers the blending of sports and cryptocurrency, two fields that might appear unconnected but can greatly benefit from their relationship via the token-based app. Now, fans can participate in the lives of their players, while sports organizations have the opportunity to engage with supporters in unprecedented ways.
For instance, ACM token holders have been able to select the official fan motto for AC Milan's dressing room.
ACM serves three primary functions: governance (allowing fans to have a say in club decisions), rewards (tied to engagement), and staking (in the future, tokens can be staked to earn non-fungible tokens).
How Many AC Milan Fan Token (ACM) Coins are There in Circulation?
The AC Milan Fan Token (ACM) has a capped supply of 20,000,000 tokens, out of which 3,141,172 are currently circulating. Initially, 2,000,157 of these tokens were distributed to fans via a fan token offering.
Presently, ACM tokens can be acquired either through purchase or by participating in games within the Socios app.
The distribution of ACM tokens follows a planned schedule over six years, starting with 4 million tokens released in the first year, followed by 3.2 million tokens per year for the subsequent five years.
Presently, ACM tokens can be acquired either through purchase or by participating in games within the Socios app.
The distribution of ACM tokens follows a planned schedule over six years, starting with 4 million tokens released in the first year, followed by 3.2 million tokens per year for the subsequent five years.
How Is the AC Milan Fan Token (ACM) Network Secured?
The security of the ACM network is upheld through blockchain technology, primarily since most fan interactions with tokens occur through polls. The integrity of each vote is protected by various measures, including verified payment services, data privacy regulations, and collaborations with leading brands.
As a utility cryptocurrency, ACM is based on Ethereum and utilizes smart contracts—programs that operate on the Ethereum blockchain and are hosted by the platform. These smart contracts facilitate trust-based relationships, transactions, and agreements between anonymous parties.
As a utility cryptocurrency, ACM is based on Ethereum and utilizes smart contracts—programs that operate on the Ethereum blockchain and are hosted by the platform. These smart contracts facilitate trust-based relationships, transactions, and agreements between anonymous parties.
Can the AC Milan Fan Token (ACM) Coin Reach $100?
As of October 2021, the ACM token is valued at approximately $10. For the token to hit $100, it would need a tenfold increase, which is not entirely implausible within the volatile world of cryptocurrency, given the global fanbase of the club and the potential success of the Socios team's objectives.
Where Can You Purchase the AC Milan Fan Token (ACM)?
You can find ACM tokens listed on several cryptocurrency exchanges. To acquire them, you'll first need to purchase Chiliz (CHZ), the app's native currency, and then exchange it for the fan tokens. Platforms where you can trade include Binance, Paribu, Pionex, BKEX, Mandala Exchange, HitBTC, and Chiliz itself.
If you're new to the world of cryptocurrencies, you can learn more about entering the market and purchasing BTC, ACM, or any other tokens by visiting our educational portal—Alexandria.
If you're new to the world of cryptocurrencies, you can learn more about entering the market and purchasing BTC, ACM, or any other tokens by visiting our educational portal—Alexandria.
