- The world’s largest crypto exchange, Binance, lists A.C. Milan Fan Tokens (ACM tokens) on its trading platform.
- Rewards and discounts are offered for users who buy ACM tokens with native cryptocurrency BNB.
- New token to be based on the Chiliz chain and facilitated using the New Launchpad Subscription format.
Fans of AC Milan can rejoice as there is a cause to celebrate. Binance has now listed a new cryptocurrency, dubbed ACM, through which users can earn cool and exhilarating rewards.
The Rewards Program
If you have ever wanted to play a small part in managing a world-class football team, then this would be a once-in-a-lifetime opportunity. Holding ACM tokens grants members access to an exclusive club that allows fans to vie for fascinating rewards such as VIP tickets and shirts or balls signed by the players and being a part of a passionate fan community. What’s more, members can also vote on binding and non-binding “fan-decision” polls related to the club’s matters and it is legally bound by a contract to act on the results of said polls. The socios.com application serves as the platform for all kinds of fan-based communication. The more a member interacts with others on the platform, the more rewards he/she earns and the greater the chance of impacting the partner club’s matters.
Binance Offers Special Discount
In an announcement on 17th Feb, the crypto exchange had said it began recording all registered members’ BNB account balances. A later announcement on 24th Feb said the recording had been completed, and users can begin trading for ACM tokens. Binance also offered a 25% discount for all users who trade for ACM using the native BNB tokens via the native New Launchpad Subscription format to induce a buying spree. Customers also can exchange Bitcoin or use fiat currencies to buy the new tokens; however, discounts are only applicable for trades conducted with the BNB-ACM pairs. The new tokens have been built on the Chiliz chain, a side-chain of the Ethereum framework using the Proof-of-Authority concept. Using the socios.com app, fans will be able to buy similar tokens of any partner football clubs with almost similar rewards.
Instead of the manager or coach, a pool of supporters will be able to take final decisions on important club matters.