Product Overview of Socios.com
Socios.com is a blockchain-based platform designed to enhance fan engagement and monetize the fan bases of sports and entertainment organizations. Founded in 2018 by Alexandre Dreyfus and operated by Mediarex, the platform has become a pivotal tool for fans to interact directly with their favorite teams.
Key Features
1. Fan Tokens and Voting Rights
- The core product of Socios.com is the Fan Token, a digital asset that allows users to buy, trade, and execute voting rights for various sports teams and organizations. These tokens serve as a license for fans to participate in polls and influence club-related decisions.
2. App and Mobile Accessibility
- The Socios.com app is available on both Google Play and Apple App Store, making it easily accessible for users to engage with their favorite teams on the go. The app is user-friendly, even for those unfamiliar with blockchain technology.
3. Rewards and Engagement
- By using Fan Tokens, users can engage in various in-app features such as voting, participating in gamification activities, and interacting with other fans through chat and forums. This engagement earns users rewards points, which can be redeemed for exclusive club goods, experiences, and VIP fan rewards.
4. Security
- Socios.com employs advanced security measures, including blockchain technology to secure all token transactions. The new Socios.com Wallet is a Web3-enabled, non-custodial solution that uses passkey technology, relying on biometric data or a unique PIN for enhanced security. Additionally, a recovery kit is available to help users manage their accounts securely.
5. Partnerships and Reach
- Socios.com has established partnerships with numerous prominent sports and entertainment organizations, including FC Barcelona, Paris Saint-Germain F.C., Juventus FC, the UFC, and several Formula 1 teams. This extensive network allows fans worldwide to connect with their favorite teams.
6. Cryptocurrency and Marketplace
- The platform uses the Chiliz (CHZ) cryptocurrency for purchasing Fan Tokens. Users can buy, sell, and trade these tokens on the Socios.com marketplace, which also supports other features like token hunts and AR-enabled discovery.
Functionality
- Fan Engagement: Users can participate in polls, vote on club-related matters, and engage in various fan-focused activities to influence their favorite teams’ decisions.
- Rewards and Recognition: Active engagement on the app earns users rewards points, which can be redeemed for exclusive experiences, goods, and recognition from the teams themselves.
- Community Interaction: The app includes features for users to connect with other fans through chat and forums, enhancing the overall fan community experience.
- Security and Wallet Management: The new wallet offers modern security measures, including passkey technology and a recovery kit, to ensure users’ accounts and assets are secure.
In summary, Socios.com is a comprehensive platform that empowers fans to engage more deeply with their favorite sports teams, offering a unique blend of influence, rewards, and community interaction, all secured by advanced blockchain and security technologies.