TR; DR breakdown:
- Fans of the Italian giants were asked to create a new motto in support of the ACM token.
- Owners of the new ACM token have access to exclusive functions.
Ac Milan, in partnership with Chiliz, launched their ACM native token for fans worldwide, and the team has asked fans to create a new motto.
The marketing team has asked the fans in Milan to formulate a new motto after the token has been created, which will replace the previous motto “Team of Devils”. As soon as the new motto is set, the token is started. Last year the partnership with Chiliz was announced, but fans did not have access to purchase the token. However, the ACM token has now been made available on Socios, an app specially designed for fan engagement.
The motto is of great importance and is used in the team’s home, SanSiro, and is also used in the team’s dressing room. ACM token holders have access to unique features, including recognition – and participate in team decisions.
ACM Token Launch: AC Milan partnered with PSG and Juventus to partner with Chiliz
The Italian giant, along with other clubs, owns a local fan token. Juventus and PSG created their own tokens in partnership with Chiliz last year, and now AC Milan has taken the same initiative. The tokens of both teams mentioned above were listed on Binance and reached 300 percent immediately after the start of trading. In a similar way, AS Roma and Atletico Madrid fan tokens have also been listed on Binance.
In addition to the listing of fan tokens on Binance, an eSports team has been added. The electronic sports team named OG was founded in 2015 and since then it has won over $ 26.6 million in prize money.
ACM token to join the party
The addition of an eSports team is an excellent innovation for the cryptosphere. This shows that many non-financial companies are showing an interest in cryptocurrency. Chiliz’s commitment encourages fan participation in eSports and with AC Milan introducing the domestic fan token, this is great news for increased fan participation.
Bitcoin was designed to solve problems related to funding. Hence, creating fan tokens like ACM tokens is an excellent initiative. This initiative would solve problems not necessarily related to funding but also in other areas as we usher in a world where the digital currency is the future of the world economy.