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Manchester City issues cryptocurrency: deal with Socios


The volume of fan crypto coins is increasing day by day. An announcement came to further strengthen this momentum. Fan token platform Socios has made a deal with Manchester City. Under this agreement, for the first time, a fan crypto currency of a Premier League team will be created. The name of the coin is set to $ CITY.

Fan tokens on the Socios platform are linked to the Chiliz (CHZ) coin. With today’s announcement, the value of Chiliz has increased to $ 0.71

Alexandre Dreyfus, CEO of Chiliz and Socios.com, said the digital collectibles market is currently booming and the market value of fan tokens has exceeded $ 400 million. Announced that they aim to sign with 3-4 Premier League teams in the next quarter.

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