Sign Up on MEXC
The Los Angeles Lakers, a basketball club in the NBA, may follow the likes of Juventus, Barcelona, and AS Roma amongst other elite clubs as they partner with Socios.
Socios is a platform that aims to create an avenue where super fans can better engage with their clubs, and take part in decision making.
Looks like $CHZ is partnering with the Los Angeles Lakers next ? pic.twitter.com/7OiPSew9Z7
— LilMoonLambo (@LilMoonLambo) February 14, 2020
What is Socios?
Socios enables this through a mobile app, allowing fans to “get closer to their team” and vote on club-specific reasons.
That may be things related to changing of the club’s crest for example, it’s kit, or any other change that may end up affecting the end user.
The more one votes, the more he/she stands from earning unique rewards.
Partner clubs commit to a number of binding and non-binding polls through a season, and lucky super-fans get access to things like close up experience with the club legends, winning of special merchandize, and so much more.
Los Angeles Lakers and Socios Partnership Not Confirmed
There has been no confirmation from the basketball club hierarchy of their plans. However, a shot in some sort of a Chillz presentation reveals that fans can pre-order Los Angeles Lakers token.
The price of each token is tied to the market rate of Chillz, the Socios platform’s token, which is also affected by market forces. It’s a utility token, and the more the partners, the higher its price.
Before his demise, Kobe Bryant played for the club for years. The professional basketball club and the member of NBA is worth $4.4 billion according to Forbes.
Should this materialize, Los Angeles Lakers will join the likes of Juventus, AS Roma, and most recently Barcelona who have similar arrangements with the blockchain company.
There are obvious perks when a firm incorporates technology. Aside from better engagement and expeditiousness, there is cost cutting and the advantage of being the first.
Barcelona Joins Juventus and AS Roma
Barcelona announced a deal with Socios this week that will see the issuance of Barcelona tokens called BAR.
At Barça, fans are at the center of everything we do. That is why, together with @socios, our new global partner, we are bringing you the official FC Barcelona Fan Tokens.
Vote in polls, earn rewards, and get closer to your favourite club!
➡ https://t.co/Q6UzXiTT2E pic.twitter.com/u24QcAtWBm
— FC Barcelona (@FCBarcelona) February 13, 2020
Up-to 40 million BAR tokens will be issued to over 220 million Barcelona supporters each at $2.2 at the point of sale. This deal is part of Barcelona’s global expansions plan.
- Michael Saylor Credits Bitcoin for Strategy’s Outperformance Over ‘Mag 7’ Stocks
- XRP Overtakes Shopify, Verizon, Citigroup in Market Value as Price Eyes $6
- Altcoin Season Index Hits New High As ETH, SOL, DOGE, and XRP Rally
- ‘Huge Breakthrough,’ Peter Brandt Says as Dogecoin Reclaims $0.30 Ahead ETF Launch
- Bitcoin Bull Cycle Could Extend To 2026, Arthur Hayes Predicts
- Bitcoin Price Prediction: Q4 Rally Looms as ETF Inflows Hit $642M—Analyst eyes $150K
- Pepe Coin Price Prediction as the Token Jumps Nearly 20% – Will Whale Accumulation Take it to $0.00003?
- Pi Coin Price Prediction As Adam & Eve Pattern Signals Breakout Rally To $0.45 Ahead
- HBAR Price Prediction Amid DTCC Listing and Archax Expansion — Is $0.50 Next?
- Ethereum Price Eyes a 40% Surge as Morgan Stanley Shifts Fed Cuts Forecast
