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       #Post#: 92940--------------------------------------------------
       New Club Partnership
   DIR By: SwindonQuin
       Date: July 18, 2022, 4:28 am
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  HTML https://www.quins.co.uk/article/harlequins-partners-with-socios
       Harlequins will become one of the first Rugby Union clubs,
       alongside Saracens and Leicester Tigers, to launch Fan Tokens
       with Socios.com.
       The partnership marks Socios.com’s expansion into Rugby Union,
       building on its established and growing presence in other major
       global sports including football, Formula One and tennis.
       Fan Token holders will be able to access a wide range of rewards
       and experiences, from winning signed and match-worn shirts to
       getting personal player meet-and-greets.
       London, July 18th:Socios.com, a blockchain provider for the
       sports industry, is today announcing a new partnership with
       Harlequins, alongside two other leading Rugby Union clubs. This
       marks its latest expansion into a new sport as it continues
       building its global ecosystem of fans from teams and
       organisations from some of the biggest sports in the world.
       The new Harlequins Fan Token will be accessible via Socios.com’s
       fan engagement and rewards platform, providing Fan Token holders
       around the world with an array of rewards, new opportunities for
       engagement through polls, greater access to their club and its
       players, and a community where they can build networks with
       other fans.
       The Socios.com platform is designed to allow clubs to reward
       fans for engaging and supporting their team.
       The rewards and experiences set to be provided by the new rugby
       union Fan Tokens include being able to enjoy dressing room tours
       and enjoy a match on the team bench. They can also attend a
       training session with the squad, conducted by First Team
       Coaches.
       Other rewards range from meet-and-greets with players to
       training ground tours across the season, all aimed at bringing
       Fan Token holders closer to their club. Socios.com and
       Harlequins have already started engaging with key fan groups
       around the new Fan Tokens and will continue liaising with fans
       and Fan Token holders in order to provide clubs with a new way
       to reward and engage their fans.
       There are currently 1.5 million fans from over 160 countries
       using Socios.com to connect with and be rewarded by their
       favourite clubs. Other sports teams and organisations with Fan
       Tokens include Manchester City, AC Milan, Juventus, FC
       Barcelona, Aston Martin and the Davis Cup. Socios.com has over
       150 partners in 25 countries across 10 sports: American
       Football; Basketball; Cricket; Football; Gaming; Ice Hockey;
       MMA; Motor Sports; Rugby; and Tennis.
       As part of the announcement, Season Ticket Members from each
       rugby club will be given a free Fan Token to start to enjoy the
       benefits of the token-gated community. Fan Tokens will be made
       available through a fixed initial Fan Token Offering (FTO) price
       of £2 at the end of August, at which point clubs will launch a
       tiered community of benefits and rewards.
       Steve Morton, Chief Commercial Officer of Harlequins, said:
       “We're always looking for ways to offer more to our supporters
       and these new Fan Tokens will play an important role in engaging
       a growing global supporter base. We're committed to working
       closely with Socios.com to bring supporters, no matter where in
       the world they live, closer to the game via rewards and
       experiences, in conjunction with our existing Member loyalty
       programme, as well as speaking to our supporters directly to
       continue building an offer that brings them closer to the Club.”
       Alexandre Dreyfus, CEO of Chiliz and Socios.com, added:
       “Launching in a new sport is always a big moment for Socios.com
       and the growth of the platform. The wider rugby community
       comprises some of the most passionate sports fans around. It has
       long been an ambition to launch in this area and between
       Leicester, Harlequins and Saracens, we are partnering with three
       of the best-known and best-supported rugby union sides. We are
       looking forward to working with these teams to offer a
       differentiating way of engaging with their fans.
       “More broadly, we’re excited to add three more leading clubs to
       our platform’s multi-sports ecosystem, as we continue building
       an offer for fans of clubs and organisations in the world’s
       biggest sports. We have further updates and developments ahead
       for Socios.com as we look to expand and enhance our tokenised
       system of fan engagement, access, community and rewards.”
       Question, what on earth are Fan Tokens........
       #Post#: 92941--------------------------------------------------
       Re: New Club Partnership
   DIR By: SwindonQuin
       Date: July 18, 2022, 4:36 am
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       OK, so basically cryptocurrency.
       The more you own the more rewards/opportunities you get from my
       understanding, plus they can be traded based on the current
       market value or 'mined' from the companies app, but to buy them
       you need to first convert you £ into $Chilz crypto currency.
       Seems like a lot of hard work, but a revenue stream for the club
       none the less.
       I cant see many takers from Quins fans, unless of course, there
       are lot of tech/crypto savvy folks out there.
       #Post#: 92942--------------------------------------------------
       Re: New Club Partnership
   DIR By: Adrian
       Date: July 18, 2022, 4:39 am
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       don't really understand what that means.
       #Post#: 92943--------------------------------------------------
       Re: New Club Partnership
   DIR By: Quins_on_Toast
       Date: July 18, 2022, 4:44 am
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       “unless of course, there are lot of tech/crypto savvy folks out
       there.”
       No such thing. Just scammers on one side selling to
       believers/dream chasers/fools on the other side.
       Appalling that Quins are doing this. Check the linked thread
       here for what has happened to the ‘investors’ in these things
       when they partnered with PL football teams.
  HTML https://twitter.com/josephmdurso/status/1548964661508198406?s=21&t=g1WbfNOKtpabwAeP2lxTQA
       #Post#: 92944--------------------------------------------------
       Re: New Club Partnership
   DIR By: honkytonk
       Date: July 18, 2022, 4:48 am
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       Its a terrible idea
       #Post#: 92946--------------------------------------------------
       Re: New Club Partnership
   DIR By: dinsdale
       Date: July 18, 2022, 5:23 am
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       Crypto scam, using big name sports teams as the hook to get your
       money.
       Like most of Quins attempts to use technology, it's a bad
       choice, it will fail, and then be gone in a couple of years.
       Also, nearly all the reviews of socios.com on Trustpilot are
       clearly fake reviews - and the rating is still poor!
       #Post#: 92954--------------------------------------------------
       Re: New Club Partnership
   DIR By: championes
       Date: July 18, 2022, 6:21 am
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       Yeah this smacks of "latest thing" and a big mistake.
       Crypto is a scammers paradise - and enthusiasm over blockchain
       is the most depressing misunderstanding of a thing that's
       guaranteed to collapse at the greatest cost to the smallest
       investors in recent history.
       Not for me.
       #Post#: 92958--------------------------------------------------
       Re: New Club Partnership
   DIR By: Brown Bottle
       Date: July 18, 2022, 6:33 am
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       I had a look at the process for withdrawing Fan Tokens and
       "cashing out". Laborious isn't the word, plus you need at least
       one other crypto account which is compatible with the bank where
       you want the cash.
       Make one mistake and you lose the lot. If they're actually worth
       anything anyway.
       #Post#: 92961--------------------------------------------------
       Re: New Club Partnership
   DIR By: Rocker
       Date: July 18, 2022, 7:02 am
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       Sounds like a dreadful idea! 🙄
       #Post#: 92963--------------------------------------------------
       Re: New Club Partnership
   DIR By: Nico Wilson
       Date: July 18, 2022, 7:13 am
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       I don't understand it.
       I will be applying my "if I don't understand it then I won't be
       investing" rule.
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