Socios.com

Socios.com is a blockchain-based fan engagement platform that allows sports and entertainment organizations to monetize their fan bases. The platform allows fans to buy, trade, and execute voting rights in their favorite sports teams. The company was founded in 2018 and is headquartered in Malta.[1][2]

Socios.com
TypePrivate
IndustryBlockchain
Founded2018
FounderAlexandre Dreyfus
Headquarters
Malta
ProductsSocios.com app
ServicesFan engagement platform
ParentChiliz
Websitewww.socios.com

History

Socios.com was founded in 2018 by Alexandre Dreyfus. The company's goal was to create a blockchain-based platform that would allow sports and entertainment organizations to monetize their fan bases. The company raised $66 million in a private token sale in 2019.[3][4]

Products and Services

Socios.com offers a variety of products and services to sports and entertainment organizations. The company's flagship product is the Socios.com app, which allows fans to buy, trade, and execute voting rights in their favorite sports teams. The app also allows fans to earn rewards for their engagement with their favorite teams.[5]

Partnerships

Socios.com has partnerships with a number of sports and entertainment organizations, including FC Barcelona,[6] Paris Saint-Germain F.C.,[7] Juventus F.C.,[8] and the UFC.[9] For the 2021–2022 season, Socios.com became the main shirt sponsor of Italian club Inter Milan.

The company has sponsored the Ballon d'Or since 2021.[10]

Awards and recognition

Socios.com was named the "Best Cryptocurrency Company" at the 2020 Football Business Awards.

References
  1. Evans, Simon (2021-03-02). "Soccer-Blockchain sports firm Chiliz to invest $50 million in U.S expansion". Reuters. Retrieved 2023-03-21.
  2. D'Urso, Joey. "Special report: Socios expects to make £150 from each fan who buys a token as values". The Athletic. Retrieved 2023-03-21.
  3. "Fan Token Project Chiliz Sets Up $50M Incubator Backed by Jump Crypto". Yahoo Finance. Retrieved 2023-03-21.
  4. "Socios.com CEO Alex Dreyfus on Trying to Reinvent Sports Fandom". Front Office Sports. Retrieved 2023-03-21.
  5. "The Best: Football's elite are on Socios.com". MARCA. 2023-03-01. Retrieved 2023-03-21.
  6. "Official FC Barcelona Website - Barça | FCBarcelona.com | FC Barcelona". www.fcbarcelona.com. Retrieved 2023-03-21.
  7. "PSG buy into Socios.com for fan token offering". smartseries.sportspromedia.com. Retrieved 2023-03-21.
  8. Juventus.com. "Juventus announce partnership with blockchain platform Socios.com to launch Fan Token - Juventus". Juventus.com. Retrieved 2023-03-21.
  9. "SOCIOS.COM TO LAUNCH UFC FAN TOKEN TODAY AT 5:00 PM (CET) | UFC". www.ufc.com. 2021-06-30. Retrieved 2023-03-21.
  10. "Socios sponsors Ballon d'Or Awards". SportBusiness. 2021-11-29. Retrieved 2023-03-21.
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