What Is AC Milan Fan Token (ACM)?
AC Milan Fan Token is the official fan token of the AC Milan football club. Socios.com is the platform that is responsible for the creation of the AC Milan Fan Token and all fan tokens.
Socios.com is a fan engagement platform created by Alexandre Dreyfus for the sports industry. It works on blockchain technology. Fan tokens are a kind of digital pass to a favorite team. According to the Socios website, the platform provides a way for fans around the world to engage and influence their favorite team. Holding such tokens gives the holders the power of being heard in the club.
According to the Socios website, these tokens do not expire as long as a user keeps them, which is not the case of traditional memberships which expire after a time. The platform aims to provide a share in a person’s favorite team by providing such tokens. The users may play, participate, chat with the members, and get a chance at winning prizes by being active on the application provided by Socios. Users may also influence team decisions by voting on the official poll. The platform further provides an all-in-one influence-and-reward that app users need to create their accounts. Users then need to get the Chiliz (CHZ) token, which is the native cryptocurrency of the Socio platform, and exchange it for their favorite team token to become a member of that team.
ACM is the native cryptocurrency of the AC Milan football club. The holders of such tokens become a member of the club. ACM is a digital asset that does not expire.
Users who have ACM can vote and get fan rewards by participating on the platform. Holders who seek to influence the team and participate in decision-making can do so with just one token. Holders can vote on the kit design, bus design, official team motto, and the starting eleven. Fan decisions tend to be final. The website also claims to provide VIP access to all home league, cup, and European matches to the holders.
The total supply of the ACM token is 20,000,000.