- CA INDEPENDIENTE ($CAI) FAN TOKEN SELLS OUT IN LESS THAN 15 MINUTES GENERATING OVER $300K (USD)
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CA INDEPENDIENTE ($CAI) FAN TOKEN SELLS OUT IN LESS THAN 15 MINUTES GENERATING OVER $300K (USD)

QUICK TAKE

– CA Independiente launched their $CAI Fan Token on fan voting and rewards app Socios.com and Chiliz.net – the world’s first tokenised sports exchange at 10:00 (GMT-3) today.

– Initial supply of 250, 000 $CAI Fan Tokens available at fixed price of $1.25 (USD) sold out in less than 15 minutes

– $CAI to go on sale again on Friday August 28th at 10:00 (GMT -3). Price will be determined by supply and demand.

– Independiente is the first South American club to launch a Fan Token on blockchain-based fan voting and rewards app Socios.com

 – The Avellaneda club joins major European soccer teams, including FC Barcelona, Juventus and Paris Saint-Germain on the platform.

AVELLANEDA, 25th August 2020: Club Atlético Independiente have announced that the initial supply for their $CAI Fan Token has sold out in less than 15 minutes after launching on fan voting and rewards app Socios.com and Chiliz.net – the world’s first tokenised sports exchange.

250,000 $CAI Fan Tokens were made available at a fixed price of $1.25 (USD) in the flash sale, which ran across both Socios.com and Chiliz.net, with $CAI sold on a first-come, first-served basis. The sale generated $312, 500 (USD).  

$CAI will be available for purchase again from Friday August 28th on Socios.com and Chiliz.net, but price will be determined by supply and demand.

Fan Tokens are digital assets which offer increased fan engagement on voting & rewards app Socios.com. Fans can use their Tokens to vote  in polls and to be in with the chance of winning digital and real-life rewards.

$CAI Fan Token holders will be able to vote in the first Independiente poll on Socios.com to choose a permanent message to be displayed on the grandstands at the club’s Estadio Libertadores de América stadium straight away.

$CAI holders will be able to vote in many polls every season on Socios.com and can also earn rewards linked to the club, including innovative digital experiences and real-life activations, including meeting players and watching games as a VIP when fans return to the stadium.

Rewards linked to the first poll for $CAI Fan Token holders will include a video call with a player from the Independiente first-team as well as official club merchandise including signed kits and signed footballs.

A Leaderboard feature, where fans will receive rewards points based on how they interact with Independiente through the app will be launched in the near future, allowing fans to compete to become the number 1 fan in their region/country.  A Chat feature and Games will also be launched on Socios.com in the coming months.

Socios.com Fan Token partners include  FC Barcelona,  Atlético de Madrid, Paris Saint-Germain, Juventus, AS Roma, Galatasaray, CA Independiente and esports giants OG.  Apollon Limassol of Cyprus and Spanish esports team Heretics also launched their Fan Tokens today.

As many as 50 IPs from the world of sports and entertainment are primed to join the Socios.com platform in 2020.

Juan Cruz Figueira, Commercial Director of Independiente said: “We are very proud to launch the $CAI Fan Tokens together with Socios.com. Independiente joins some of the most important clubs in the world and is the first in South America to do so. This alliance is part of our brand’s expansion plan to grow internationally, being Socios.com an essential partner to meet insertion objectives in different markets.”

Alexandre Dreyfus, CEO and Founder of Chiliz and Socios.com said:  “We’re delighted to welcome CA Independiente on board as our first South American club.

“Fans now have an incredible new way to connect with their team, starting with the historic first poll to choose a message for the stands at the stadium.

“Also – fans who missed out today can get $CAI Fan Tokens again from this Friday onwards.”

                                                                           -ENDS-

For Further Information:

Chilliz / Socios.com

Andrew Clarke – Global PR Manager

andrew@chiliz.com

Notes to editor: 

About Chiliz and Socios.com

Chiliz ($CHZ) is a digital currency for sports and entertainment platforms. It fuels the world’s first scalable, tokenized voting platform, Socios.com where fans can buy, trade and execute voting rights in their favorite sports teams. For more information please visit www.socios.com / www.chiliz.com.