

Independent Blockchains
Introduction
Socios is a fan loyalty and rewards app that is upgrading the sports fan experience. Its offering of official fan tokens for various sports teams, team-related perks and exclusive experiences for users, as well as its gamification features underpin the effort to help people elevate and monetize their fandom.
What is Socios?
Socios was launched in 2018 by Chiliz founder Alexandre Dreyfus. Since its founding only five years ago, the app has expanded from representing the official cryptocurrencies of various soccer (football) teams to forming partnerships across American football, basketball, hockey, combat sports, esports, and motorsports.
In short, Socios is an app and fan token platform built by fan token technology provider Chiliz. It lets users exchange cryptocurrency tied to various sports teams, engage with said teams, and monetize their fandom through rewards.
Billing itself as a âfirst of its kind rewards appâ, Socios aims to up the fan experience by allowing users to access prizes like meet-and-greets with their favorite sports teams, autographs from their favorite players, and other prizes through a loyalty rewards program powered by fan tokens.
How it Works?
Socios was built on the Chiliz Blockchain, and utilizes $CHZ as its official currency.
One of the main value adds to the fan experience that fan tokens give is their ability to influence team decisions and bring fans closer to their favorite clubs and players, so the app is tailored towards providing a convenient place where people can do just that.
There are various features on the app including a marketplace to exchange tokens, and Sociosâs Token Hunt- an augmented reality experience where users can collect Chiliz tokens or Sociosâs Loyalty Token, $SSU, as well as team-specific fan tokens.
Socios even offers the ability to buy NFTs through their storefront on OpenSea. Currently, various football (soccer) clubs and F1 racing teams are offering team NFTs through the platformâs storefront. Fans also have the chance to win or purchase NFTs through the app.
Socios United Fan Token ($SSU)
Sociosâs official fan token besides $CHZ, the Socios United Fan Token, functions much like other fan tokens offered on the platform. That is, according to Chilizâs announcement on the subject, holders will be able to vote on various polls that impact what happens on the app. In the future, the token may power things like the management of Socios-managed organizations. Mention of these plans signals the intention for the token to play a much bigger role in the future.
Currently, users can earn the token by engaging with the app and unlocking various features via gamification mechanisms, such as getting XP (experience) and leveling up.
Engage to Earn
The more youâre active on the app, the higher your chance to win amazing prizes. From VIP invites to a meet and greet with your heroes, to signed merchandise â they are committed to make dreams come true!
More Loyalty
Fans are empowered to redeem rewards and receive access to exclusive experiences with their favorite teams.
More Engagement
Through games, trivia, check-ins & more. Socios is enhancing the ways fans can engage with the teams they love.
More Rewards
Be active on the app to earn amazing prizes & the opportunity to go to once-in-a-lifetime events.
More Community
We foster a deep bond between fans and the tight-knit communities they love.