Manchester City of English Premier League launches cryptocurrency for fans
Amid the record high performance of cryptocurrencies in the financial market, Manchester City of the English Premier League has launched their own “$CITY-crypto” token in the market.
The English club and Socios.com partnered to launch the cryptocurrency that offers fans the option to claim huge club promotions, rewards, AR-enabled features, and other exciting stuff.
The football club has partnered with a digital entertainment company ‘Animoca’ to develop and circulate blockchain games for the fans. These will be the first-ever digital assets created for Manchester City.
The $CITY token can be traded like any other cryptocurrency and redeemed for goods and services available across the global crypto-market.
Moreover, football clubs of Italy, Juventus and AC Milan, Spain’s Barcelona and France’s Paris Saint-Germain have all put out tokens through the company before, which is run by a Maltese group called Chiliz.
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