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.