Socios.com’s rapid expansion in football’s key national markets continues. Following the announcement of a partnership with Spain’s LaLiga earlier this week, as well as the debut of their sell-out Fan Token issuance with Premier League Everton, the blockchain-based crypto firm has named Brazil’s Flamengo as its latest partner.
Flamengo, along with Atletico Mineiro and Corinthians, is the third Brazilian team to join Socios.com, which will introduce the $MENGO Fan Token through their app. The Fan Tokens’ price and release date will be disclosed at a later date.
Socios.com is dedicated to South America, having just launched Argentine national team Fan Tokens and collaborating with the country’s top league. Socios.com recently established operations in Buenos Aires and Sao Paulo.
Fan Tokens are collected (and tradeable) digital assets that have been created on the Chiliz blockchain. Chiliz is the owner of Socios.com. Club voting rights in polls, VIP awards, special promos, AR-enabled features, chat forums, games, and competitions are all available to Fan Token holders on Socios.com.
Flamengo’s Communications and Marketing Vice-President Gustavo Oliveira stated, “Flamengo’s Nation always embraces all of our partners, and this time will be no different.”
“We have a lot of confidence in the potential of Fan Tokens and believe that Flamengo’s fan engagement, the biggest fanbase in the world, will be fantastic. We are excited by what is coming next.”