- Valencia CF, First Spanish Football Club To Launch ‘in Game’ NFTs To Reward Their Fans On Socios.com
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Valencia CF, First Spanish Football Club To Launch ‘in Game’ NFTs To Reward Their Fans On Socios.com

Socios.com will capture a significant moment of Valencia CF’s LaLiga game against Atlético de Madrid and turn it into a limited edition of 100 NFTs that will be airdropped to reward $VCF Fan Token holders.

VALENCIA, NOVEMBER 5TH: Valencia CF, in partnership with Chiliz, the leading blockchain provider for the sports and entertainment industry, will become the first Spanish football club to launch ‘in game’ NFTs on the Socios.com fan engagement and rewards app. 

The launch will take place on Sunday (7/11), when 100 limited edition NFTs will be minted to commemorate a significant Valencia CF moment from their game with LaLiga rivals and fellow Socios.com partners Atlético de Madrid. The NFTs will be subsequently dropped to $VCF Fan Token holders that own at least 10 $VCF Fan Tokens and are able to predict the outcome of the game on the ‘Socios.com Predictor’ feature. 

In the coming weeks, Socios.com will carry out similar launches with other partner clubs, increasing the opportunities for Fan Token holders to be rewarded through the app and fully integrating NFTs as part of the Socios.com offering. NFTs minted for Socios.com partners will be tradable on any Ethereum based NFT marketplace.

NFTs minted for Socios.com partners will be tradable on any Ethereum based NFT marketplace. In addition to bringing a collectible, tradable dimension to our offering for Fan Token holders, these NFTs will have utility, acting as loyalty tools. In the future, holders of a certain number of club NFTs will be able to use them to unlock ‘money can’t buy experiences’ and other digital rewards and incentives.

Over 1.3M fans from 167 countries are using Socios.com to engage with and be rewarded by the teams they love. Socios.com has partnered with more than 100 major sporting organizations from more than 20 countries, including soccer giants FC Barcelona, Juventus, Paris Saint-Germain, Inter Milan, Atlético Madrid, Manchester City, Arsenal and the Argentina and Portugal national teams. Napoli were announced as the latest major club to join the Socios.com network on Tuesday.  In addition to soccer, Socios.com’s roster also includes the UFC and big names from F1, NBA, NHL, esports and cricket.

Created by Chiliz, the leading blockchain provider for the global sports and entertainment industry, Socios.com has major expansion plans and is targeting many more Fan Token launches throughout the world. The company has multiple office locations around the globe. It has recently opened new regional headquarters in Madrid, Istanbul, São Paulo and Buenos Aires, and will soon open a North American office.

Alexandre Dreyfus, CEO of Chiliz and Socios.com, said:  “We are very excited with this launch. The experience last week with AC Milan was a great success and proved that sports fans are demanding new tools and opportunities to engage with their teams in innovative and creative ways. I’m sure the Valencia CF NFTs will also be a great success and that this launch will contribute to strengthening the utility of the $VCF Fan Token and on board more Valencia CF fans to our fan engagement ecosystem.” 

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