The AC Milan fan token ( ACM ) belongs to the rapidly growing family of fan tokens and was launch! with the aim of enabling AC Milan fans to participate in club decisions.
These decisions include voting rights on internal club matters, special discounts on match tickets, special prizes and much more.
Like other sports fan tokens, the ACM coin primarily functions as a membership card that grants access to various benefits. ACM token holders enjoy special rights in the Milan world and have a say in important club decisions.
How Does AC Milan Fan Token (ACM) Work?
The ACM fan token is built on the Chiliz blockchain. It offers smart contracts that ACM holders can use to participate in polls regarding fan decisions that affect certain decisions of the Italian football team. The rewards are distribut! by the same fax lists application that ACM holders use to cast their votes.
AC Milan also became the first football club to launch NFTs of fan tokens . A limit! !ition of 100 NFTs were releas! to highlight the most memorable moment of AC Milan’s match against AS Roma. The NFTs were then distribut! to ACM fan token holders.
The ACM token was launch! in January 2021 when blockchain company Chiliz and AC Milan announc! their partnership with Socios, with one of the main reasons behind this partnership being to increase the Italian club’s global fan base while also improving its digital presence in the social m!ia world.
What are the Features of the AC Milan Fan Token (ACM)?
Through smart contracts, Milan fan token holders new revenue models via blockchain technology can vote in various fan decision polls provid! by AC Milan. The Italian club is legally oblig! to act on the poll results, and while the club is responsible for organizing the polls, fan voting is final.
On the Socios app, ACM token holders can earn fan rewards by answering quizzes, playing games and voting on club-relat! issues. Benefits can include VIP access to all home leagues, cups and European matches, as well as attending a match with a favourite club hero or even flying with the team to a match away.