Arsenal Fan Token price 

AFC

Arsenal or Arsenal Football Club is a professional soccer club that plays in the Premier League and is based in Islington, London. Arsenal FC was founded in October 1886 and over the years has become one of the most successful projects in the history of English football. Among its merits: the team became the champion of England 13 times, and also won the FA Cup (The Football Association Challenge Cup) 14 times. The club is currently owned by Kroenke Sports & Entertainment, with Mikel Arteta Amatriaín as head coach. According to Forbes for 2021, Arsenal FC is the eighth most expensive football club in the world.

Arsenal Fan Token (AFC) was launched in summer 2021 on Chiliz, the world's leading sports and entertainment fintech blockchain services provider. Earlier that year, Arsenal announced a partnership with Socios.com and embarked on a productive collaboration. Socios.com is an app powered by Chiliz designed to attract and reward sports fans, available for iOS and Android.

Alexandre Dreyfus is CEO of Chiliz and Socios.com, he’s a skilled web entrepreneur with over 20 years of digital experience. In the 90s, he developed an interactive travel guide -- Webcity. Later on, he founded two rather successful and major online poker projects Winamax and Chilipoker, and, in 2013, became an owner of the Global Poker Index and The Hendon Mob. On top of that, in 2017, Dreyfus founded Chiliz, a digital currency exchange for sports & entertainment platforms. A year later, Socios.com was born, with the goal of providing football and sports clubs with an opportunity to monetize their fan bases through the use of blockchain technology.

Arsenal Fan Token was established as a result of the productive cooperation of two parties: Arsenal FC and Chiliz, thus the official fan token of the club was born.

With the Socios.com app and $AFC, fans have access to exclusive content, up-to-date information, rewarding quizzes & tournaments, and VIP events. AFC holders hold some voting rights and influence the final decisions regarding the life of the football club.

Absolutely anyone from anywhere in the world can become a part of the community. By taking possession of just one AFC token, a user acquires the right to vote.

Unique features include:

Fans can influence club choices by voting for significant decisions, however, the number of tokens directly affects the value of the vote. Given this factor, the club limits polls to a certain number of AFC to keep things fair;

Socios.com acts as a social platform that brings together people with similar interests, in this case: soccer and their favorite team - Arsenal;

Membership gives fans additional advantages: VIP access to the Emirates home stadium, the best seats at important matches every season, autographed items and much more.

AFC is the name of the Arsenal FC fan token, a kind of digital asset that can't expire. Arsenal Fan Token employs a traditional style of membership, in which users vote on official club decisions, access club life and gain new fan experiences that can enrich both their digital universe and real life. AFC grants owners the right to vote in polls, chat forums, games, and contests at Socios.com. In addition, fans can earn fan rewards by participating in the aforementioned activities.

Fan token holders can vote on the uniform design, the appearance of the buses, the official motto of the team, and even the starting line-up. Users can vote once, but the weight of the vote depends on the number of AFC tokens. Perks: AFC holders get VIP access to home league games and cup matches; AFC holders can also get the chance to participate in autograph sessions, watch a match with a football legend, or even win trips with the team to away matches. Additional fan rewards can also be earned on the Socios.com app by participating in games, quizzes and polls.

As of January 2022, the total supply of AFC is 40,000,000 coins. There are 2,003,867.00 AFC in circulation among the fans of Arsenal FC. As for the rest of the tokens, they can be obtained by participating in community events or by buying on crypto exchanges where AFC is listed.

Socios.com serves as a liaison between the football club and its fanbase, providing revenue streams that are digital, secure and transparent. Socios.com utilizes smart contracts on the Ethereum blockchain and a proprietary crowd control mechanism, so fans can enjoy a manipulation-free environment and vote only in publicly audited polls.

Due to the Chiliz Chain, users can share data in a safe and secure way; the blockchain stores data using complex mathematics, innovative programming codes, and the application of a public ledger of information that is distributed over a peer-to-peer network.

As of January 2022, Arsenal Fan Token (AFC) can be purchased and traded on Chiliz, MEXC and Paribu. Socios.com also predicts that over time $AFC will be available for buying and trading on a variety of major crypto exchanges, including Coinbase and Binance.

$AFC can be purchased through the Socios.com app using $CHZ: you need to buy $CHZ with a debit or credit card and then exchange it for $AFC fan tokens. Moreover, like most of the fan tokens on Socios, AFC can be obtained in alternative ways as well.

Check out the ultimate guide for top NFT sports platforms.

Have a look at the CoinMarketCap blog for the latest crypto news and trading insights.

Read about Chiliz (CHZ).

CoinMarketCap takes a deep dive into Arsenal Fan Token (AFC) here.

Learn more about Manchester City Fan Token (CITY).

What are fan tokens? Find out with CMC Alexandria.

Feel free to check out the CMC glossary for more crypto terminology.